Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.033%
Price spread now: Binance against Phemex+0.238%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$1261.263% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)−0.120%−$12 · spread now +0.238%, 7d avg −0.039%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.278% dearer against Phemex than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKUUUSDT | 29.560 | 0 | get 0.0000% / 8h | 1h 50m | $1.2M | $181K | 20x |
| Short | Binance SKUUUSDT | 29.630 | 0 | get 0.0000% / 8h | 1h 50m | $596K | $1.5M | 20x |
Phemex SKUUUSDT
Binance SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. 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: +0.238% → −0.039%
- $27.76
- Slippage, 4 orders
- −$104.33
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$98.57
- Costs to cover
- 1.263%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; Binance: live order book, 13 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 Phemex live order book, 2 min ago | 6.77 bp | 39.9 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 5.05 bp | 24.0 bp −$24 | 79.4 bp −$794 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKUUUSDT | −0.2264% | 8h | 29.609 | +0.166% | $558K | $370K | 20x | as long as short |
| edgeX SKUUUSDC | −0.0648% | 4h | 29.557 | −0.011% | $182K | $289K | 10x | as long as short |
| Binance SKUUUSDTshort | 0.0000% | 8h | 29.630 | +0.238% | $596K | $1.5M | 20x | |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.530 | −0.101% | $235K | $169K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.650 | +0.304% | $714K | $1.2M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.592 | +0.108% | $224K | $23K | 20x | as long as short |
| Phemex SKUUUSDTlong | 0.0000% | 8h | 29.560 | long leg | $1.2M | $181K | 20x | |
| MEXC SKUU_USDT | +0.0078% | 8h | 29.574 | +0.047% | $9.0M | $85K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.508 | −0.176% | $6K | $371K | 20x | as long as short |
Bitget SKUUUSDT
edgeX SKUUUSDC
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
MEXC SKUU_USDT
HTX SKUU-USDT