Settings8H · net · $10k
Funding arb · Price arb /

SKUU

RWAall SKUU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0051%/8h= −5.6% APRnext payment $0.51 per $10,000 · paid last 24h −0.003%
Price spread now: HTX against Phemex−0.262%7-day average −0.122% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.177%+$18 on $10k
Price spread, last 4 days (all we have)+0.284%+$28 · spread now −0.262%, 7d avg −0.122%
Together, before fees+0.461%+$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.140% cheaper against Phemex than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.122%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.177%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SKUUUSDT29.4200get 0.0000% / 8h2h 24m$1.2M$178K20x
ShortHTX SKUU-USDT29.343−0.0051pay 0.0051% / 8h2h 24m$6K$372K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Phemex. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$10.78
Price spread: −0.262% → −0.122%
−$14
Slippage, 4 orders
no order book: not counted
Fee Phemex: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$48.78
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Phemex: live order book, 4 min ago; HTX: live order book, 24 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 4 min ago5.15 bp43.9 bp −$44doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 24 min ago25.10 bp129.1 bp −$129doesn't fitdoesn't fitdoesn't fit

SKUU on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKUUUSDT−0.2237%8h29.383−0.126%$557K$369K20xas long as short
MEXC SKUU_USDT−0.2192%8h29.403−0.058%$8.9M$87K20xas long as short
HTX SKUU-USDTshort−0.0051%8h29.343−0.262%$6K$372K20x
Binance SKUUUSDT0.0000%8h29.410−0.034%$593K$1.5M20xas long as short
Bybit SKUUUSDT0.0000%8h29.380−0.136%$235K$167K25xas long as short
OKX SKUU-USDT-SWAP0.0000%8h29.390−0.102%$709K$1.2M20xas long as short
Gate SKUU_USDT0.0000%8h29.375−0.153%$223K$23K20xas long as short
Phemex SKUUUSDTlong0.0000%8h29.420long leg$1.2M$178K20x
edgeX SKUUUSDC+0.0516%4h29.157−0.893%$180K$288K10xas long as short