Funding you earn now, next payment 08:00 UTC+0.0376%/8h= +41.1% APRpaid last 24h +0.027%
Price spread now: edgeX against Binance−0.031%50s7-day average +0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as 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−$930.931% of the position
Funding, last 7 days+0.375%+$37 on $10k
+Price spread, last 4 days (all we have)+1.211%+$121 · spread now −0.031%, 7d avg +0.043%
=Together, before fees+1.585%+ Points / potential airdropedgeX: Active · farm board+$159 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.074% cheaper against Binance than usual: you would sell low and buy high (spread −0.031% now, against its 7-day average of +0.043%). If the spread goes back, that is −$7 on $10k: about 16 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.375% in total) that is about 33 hours. The two prices were read 50 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 | Binance SKUUUSDT | 29.165 | 0 | get 0.0000% / 8h | 6m 43s | $612K | $1.8M | 20x |
| Short | edgeX SKUUUSDC | 29.156 | 0.0376 | get 0.0188% / 4h | 6m 43s | $180K | $289K | 10x |
Binance SKUUUSDT
edgeX SKUUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- $78.89
- Price spread: −0.031% → +0.043%
- −$7.38
- Slippage, 4 orders
- −$74.09
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$21.58
- Costs to cover
- 0.931%
- Break-even
- 8.9 days
Slippage from Binance: live order book, 12 min ago; edgeX: live order book, 31 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 Binance live order book, 12 min ago | 6.84 bp | 18.5 bp −$19 | 74.5 bp −$745 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 31 min ago | 10.26 bp | 22.9 bp −$23 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKUUUSDT | −0.2668% | 8h | 29.160 | −0.017% | $576K | $450K | 20x | as long as short |
| MEXC SKUU_USDT | −0.0702% | 8h | 29.140 | −0.086% | $8.9M | $89K | 20x | as long as short |
| Binance SKUUUSDTlong | 0.0000% | 8h | 29.165 | long leg | $612K | $1.8M | 20x | |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.110 | −0.189% | $242K | $190K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.160 | −0.017% | $708K | $1.3M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.120 | −0.154% | $219K | $37K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.160 | −0.017% | $1.2M | $204K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.119 | −0.158% | $6K | $371K | 20x | as long as short |
| edgeX SKUUUSDCshort | +0.0376% | 4h | 29.156 | −0.031% | $180K | $289K | 10x |
Bitget SKUUUSDT
MEXC SKUU_USDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT