Funding you earn now, next payment 12:00 UTC+0.0558%/8h= +61.1% APRpaid last 24h −0.058%
Price spread now: edgeX against Phemex−0.013%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1311.314% of the position
Funding, last 7 days+0.462%+$46 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.013%, 7d avg −0.003%
=Together, before fees+0.560%+ Points / potential airdropedgeX: Active · farm board+$56 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKUUUSDT | 29.570 | 0 | get 0.0000% / 8h | 5h 27m | $1.2M | $225K | 20x |
| Short | edgeX SKUUUSDC | 29.566 | 0.0558 | get 0.0279% / 4h | 1h 27m | $182K | $287K | 10x |
Phemex SKUUUSDT
edgeX SKUUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $117.17
- Price spread: −0.013% → −0.003%
- −$1
- Slippage, 4 orders
- −$110.44
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$15.28
- Costs to cover
- 1.314%
- Break-even
- 7.9 days
Slippage from Phemex: live order book, 3 min ago; edgeX: live order book, 18 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, 3 min ago | 6.76 bp | 41.3 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 18 min ago | 3.38 bp | 16.2 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
SKUU on 9 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKUU_USDT | −0.1209% | 8h | 29.558 | −0.041% | $9.0M | $87K | 20x | as long as short |
| Bitget SKUUUSDT | −0.1199% | 8h | 29.562 | −0.027% | $606K | $489K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.577 | +0.025% | $590K | $2.1M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.570 | 0.000% | $242K | $197K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.590 | +0.068% | $678K | $1.4M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.565 | −0.017% | $218K | $45K | 20x | as long as short |
| Phemex SKUUUSDTlong | 0.0000% | 8h | 29.570 | long leg | $1.2M | $225K | 20x | |
| HTX SKUU-USDT | +0.0100% | 8h | 29.536 | −0.115% | $6K | $366K | 20x | as long as short |
| edgeX SKUUUSDCshort | +0.0558% | 4h | 29.566 | −0.013% | $182K | $287K | 10x |
MEXC SKUU_USDT
Bitget SKUUUSDT
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
HTX SKUU-USDT