Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.030%
Price spread now: OKX against Phemex+0.066%53s7-day average −0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1861.861% of the position
Funding, last 7 days+0.084%+$8 on $10k
+Price spread, last 3 days (all we have)+0.018%+$2 · spread now +0.066%, 7d avg −0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.090% dearer against Phemex than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.024%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKUUUSDT | 30.210 | 0 | get 0.0000% / 8h | 15m 26s | $1.2M | $158K | 20x |
| Short | OKX SKUU-USDT-SWAP | 30.230 | 0 | get 0.0000% / 8h | 15m 26s | $737K | $877K | 20x |
Phemex SKUUUSDT
OKX SKUU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: +0.066% → −0.024%
- $9.04
- Slippage, 4 orders
- −$164.06
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$177.01
- Costs to cover
- 1.861%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; OKX: live order book, 61 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 | 1.65 bp | 44.5 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 61 min ago | 5.00 bp | 42.3 bp −$42 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SKUUUSDT | 0.0000% | 8h | 30.197 | −0.042% | $627K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 30.170 | −0.132% | $279K | $120K | 25x | as long as short |
| OKX SKUU-USDT-SWAPshort | 0.0000% | 8h | 30.230 | +0.066% | $737K | $877K | 20x | |
| Gate SKUU_USDT | 0.0000% | 8h | 30.175 | −0.116% | $231K | $17K | 20x | as long as short |
| Bitget SKUUUSDT | 0.0000% | 8h | 30.195 | −0.050% | $633K | $276K | 20x | as long as short |
| Phemex SKUUUSDTlong | 0.0000% | 8h | 30.210 | long leg | $1.2M | $158K | 20x | |
| MEXC SKUU_USDT | +0.0011% | 8h | 30.178 | −0.106% | $9.2M | $82K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 30.127 | −0.275% | $6K | $391K | 20x | as long as short |
| edgeX SKUUUSDC | +0.0168% | 4h | 30.211 | +0.002% | $186K | $289K | 10x | as long as short |
Binance SKUUUSDT
Bybit SKUUUSDT
Gate SKUU_USDT
Bitget SKUUUSDT
MEXC SKUU_USDT
HTX SKUU-USDT
edgeX SKUUUSDC