Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.030%
Price spread now: Phemex against OKX−0.511%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$1991.988% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 3 days (all we have)+0.436%+$44 · spread now −0.511%, 7d avg +0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.534% cheaper against OKX than usual: you would sell low and buy high, −$53 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SKUU-USDT-SWAP | 31.340 | 0 | get 0.0000% / 8h | 7h 48m | $761K | $937K | 20x |
| Short | Phemex SKUUUSDT | 31.180 | 0 | get 0.0000% / 8h | 7h 48m | $1.2M | $160K | 20x |
OKX SKUU-USDT-SWAP
Phemex SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: −0.511% → +0.024%
- −$53.44
- Slippage, 4 orders
- −$176.78
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$252.22
- Costs to cover
- 1.988%
- Break-even
- never at this rate
Slippage from OKX: live order book, 23 min ago; Phemex: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 23 min ago | 4.97 bp | 51.6 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 6.44 bp | 48.1 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
SKUU on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKUUUSDC | −0.0915% | 4h | 31.080 | −0.831% | $192K | $289K | 10x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 31.310 | −0.096% | $617K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 31.300 | −0.128% | $287K | $127K | 25x | as long as short |
| OKX SKUU-USDT-SWAPlong | 0.0000% | 8h | 31.340 | long leg | $761K | $937K | 20x | |
| Bitget SKUUUSDT | 0.0000% | 8h | 31.216 | −0.396% | $638K | $257K | 20x | as long as short |
| Phemex SKUUUSDTshort | 0.0000% | 8h | 31.180 | −0.511% | $1.2M | $160K | 20x | |
| Gate SKUU_USDT | +0.0739% | 8h | 31.273 | −0.214% | $239K | $17K | 20x | as long as short |
| MEXC SKUU_USDT | +0.3792% | 8h | 31.263 | −0.246% | $9.5M | $81K | 20x | as long as short |
| HTX SKUU-USDT | +0.5993% | 8h | 31.143 | −0.629% | $6K | $390K | 20x | as long as short |
edgeX SKUUUSDC
Binance SKUUUSDT
Bybit SKUUUSDT
Bitget SKUUUSDT
Gate SKUU_USDT
MEXC SKUU_USDT
HTX SKUU-USDT