Funding arb · Price arb /

SKUU

RWAall SKUU markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: OKX against Binance+0.004%7-day average −0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$117as in the Funding arb table

Net, price: spread back to 7d avg − costs−$112as in the Price arb table

costs, in and out, $10k−$1151.146% of the position

Long on Binance Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 7 days−0.004%$0 · spread now +0.004%, 7d avg −0.019%

Together, before fees−0.024%−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.022% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SKUUUSDT	31.279	0	get 0.0000% / 8h	4h 10m	$601K	$1.3M	20x
Short	OKX SKUU-USDT-SWAP	31.280	0	get 0.0000% / 8h	4h 10m	$743K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee OKXbpOrdersPrice spread, now +0.004%Rate

Funding earned: $0
Price spread: +0.004% → −0.019%: $2.22
Slippage, 4 orders: −$94.58
Fee Binance: 5 bp × 2 orders: −$10
Fee OKX: 5 bp × 2 orders: −$10
Net: −$112.36
Costs to cover: 1.146%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; OKX: live order book, 1 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, 7 min ago	1.60 bp	13.8 bp −$14	67.6 bp −$676	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	3.20 bp	42.9 bp −$43	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 SKUUUSDTlong	0.0000%	8h	31.279	long leg	$601K	$1.3M	20x
Bybit SKUUUSDT	0.0000%	8h	31.250	−0.092%	$278K	$154K	25x	as long as short
OKX SKUU-USDT-SWAPshort	0.0000%	8h	31.280	+0.004%	$743K	$1.1M	20x
Gate SKUU_USDT	0.0000%	8h	31.264	−0.047%	$238K	$21K	20x	as long as short
Phemex SKUUUSDT	0.0000%	8h	31.280	+0.004%	$1.2M	$164K	20x	as long as short
HTX SKUU-USDT	+0.0100%	8h	31.247	−0.102%	$6K	$379K	20x	as long as short
edgeX SKUUUSDC	+0.0682%	4h	31.250	−0.092%	$193K	$290K	10x	as long as short
Bitget SKUUUSDT	+0.0747%	8h	31.273	−0.019%	$582K	$300K	20x	as long as short
MEXC SKUU_USDT	+0.0751%	8h	31.246	−0.105%	$9.5M	$88K	20x	as long as short