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+0.1813%/8h= +198.5% APRpaid last 24h +0.027%
Price spread now: edgeX against Bitget−0.075%7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1151.155% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.162%+$16 on $10k
Price spread, last 4 days (all we have)+0.411%+$41 · spread now −0.075%, 7d avg +0.051%
Together, before fees+0.573%+ Points / potential airdropedgeX: Active · farm board+$57 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.126% cheaper against Bitget than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.051%). If the spread goes back, that is −$13 on $10k: about 6 hours of funding at the current rate (+$54 a day). At the pace of the last 7 days (+0.162% in total) that is about 5.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.162% in total (about 8.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKUUUSDT29.951−0.1124get 0.1124% / 8h2h 45m$566K$367K20x
ShortedgeX SKUUUSDC29.9290.0689get 0.0344% / 4h2h 45m$184K$290K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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
$380.64
Price spread: −0.075% → +0.051%
−$12.61
Slippage, 4 orders
−$94.5
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$252.54
Costs to cover
1.155%
Break-even
2.4 days
Slippage from Bitget: live order book, 65 min ago; edgeX: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 65 min ago10.45 bp41.0 bp −$41105.7 bp −$1,057doesn't fitdoesn't fit
Sell edgeX live order book, 3 min ago8.35 bp20.9 bp −$21doesn'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 SKUUUSDTlong−0.1124%8h29.951long leg$566K$367K20x
MEXC SKUU_USDT−0.1109%8h29.935−0.053%$9.1M$86K20xas long as short
Binance SKUUUSDT0.0000%8h29.904−0.156%$595K$1.5M20xas long as short
Bybit SKUUUSDT0.0000%8h29.870−0.270%$238K$160K25xas long as short
OKX SKUU-USDT-SWAP0.0000%8h29.920−0.104%$715K$1.2M20xas long as short
Gate SKUU_USDT0.0000%8h29.937−0.047%$227K$22K20xas long as short
Phemex SKUUUSDT0.0000%8h29.950−0.003%$1.2M$175K20xas long as short
HTX SKUU-USDT+0.0100%8h29.876−0.250%$6K$373K20xas long as short
edgeX SKUUUSDCshort+0.0689%4h29.929−0.075%$184K$290K10x