Funding you earn now, next payment 08:00 UTC+0.0090%/8h= +9.9% APRpaid last 24h +0.027%
Price spread now: edgeX against Bybit−0.311%111s7-day average +0.140% · you buy dearer than you sell
Net, funding: paid 7d − costs−$151as 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−$1971.970% of the position
Funding, last 7 days+0.461%+$46 on $10k
+Price spread, last 4 days (all we have)+0.743%+$74 · spread now −0.311%, 7d avg +0.140%
=Together, before fees+1.205%+ Points / potential airdropedgeX: Active · farm board+$120 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.451% cheaper against Bybit than usual: you would sell low and buy high (spread −0.311% now, against its 7-day average of +0.140%). If the spread goes back, that is −$45 on $10k: about 17 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.461% in total) that is about 6.8 days. The two prices were read 111 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 | Bybit SKUUUSDT | 29.990 | 0 | get 0.0000% / 8h | 3h 05m | $269K | $161K | 25x |
| Short | edgeX SKUUUSDC | 29.897 | 0.0090 | get 0.0045% / 4h | 3h 05m | $184K | $289K | 10x |
Bybit SKUUUSDT
edgeX SKUUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Bybit. 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
- $18.96
- Price spread: −0.311% → +0.140%
- −$45.1
- Slippage, 4 orders
- −$177.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$223.18
- Costs to cover
- 1.970%
- Break-even
- 89.4 days
Slippage from Bybit: live order book, 30 min ago; edgeX: live order book, 47 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 Bybit live order book, 30 min ago | 6.59 bp | 53.5 bp −$53 | 341.0 bp −$3,410 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 47 min ago | 11.35 bp | 24.1 bp −$24 | 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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKUU_USDT | −0.4145% | 8h | 30.030 | +0.133% | $9.1M | $88K | 20x | as long as short |
| Bitget SKUUUSDT | −0.0692% | 8h | 30.011 | +0.070% | $566K | $366K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.974 | −0.054% | $592K | $1.4M | 20x | as long as short |
| Bybit SKUUUSDTlong | 0.0000% | 8h | 29.990 | long leg | $269K | $161K | 25x | |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.960 | −0.100% | $714K | $1.1M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.957 | −0.110% | $228K | $22K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 30.020 | +0.100% | $1.2M | $172K | 20x | as long as short |
| edgeX SKUUUSDCshort | +0.0090% | 4h | 29.897 | −0.311% | $184K | $289K | 10x | |
| HTX SKUU-USDT | +0.0100% | 8h | 29.976 | −0.047% | $6K | $374K | 20x | as long as short |
MEXC SKUU_USDT
Bitget SKUUUSDT
Binance SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT