Funding you earn now, next payment 12:00 UTC−0.0405%/8h= −44.4% APRpaid last 24h +0.025%
Price spread now: Binance against edgeX−0.354%100s7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as 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−$880.876% of the position
Funding, last 7 days−0.409%−$41 on $10k
+Price spread, last 4 days (all we have)−0.271%−$27 · spread now −0.354%, 7d avg −0.043%
=Together, before fees−0.680%+ Points / potential airdropedgeX: Active · farm board−$68 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Binance is 0.311% cheaper against edgeX than usual: you would sell low and buy high (−$31 if the spread goes back to its 7-day average of −0.043%). Swap the legs. The two prices were read 100 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 | edgeX SKUUUSDC | 29.234 | 0.0405 | pay 0.0203% / 4h | 2h 53m | $180K | $289K | 10x |
| Short | Binance SKUUUSDT | 29.130 | 0 | get 0.0000% / 8h | 6h 53m | $645K | $2.0M | 20x |
edgeX SKUUUSDC
Binance SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$85.12
- Price spread: −0.354% → −0.043%
- −$31.1
- Slippage, 4 orders
- −$68.58
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$203.8
- Costs to cover
- 0.876%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 39 min ago; Binance: live order book, 10 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 edgeX live order book, 39 min ago | 7.03 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 5.17 bp | 21.5 bp −$22 | 87.9 bp −$879 | 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 | −0.2115% | 8h | 29.110 | −0.423% | $8.8M | $86K | 20x | as long as short |
| Bitget SKUUUSDT | −0.2105% | 8h | 29.113 | −0.412% | $600K | $476K | 20x | as long as short |
| Binance SKUUUSDTshort | 0.0000% | 8h | 29.130 | −0.354% | $645K | $2.0M | 20x | |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.050 | −0.628% | $244K | $208K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.090 | −0.491% | $686K | $1.4M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.131 | −0.351% | $215K | $44K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.120 | −0.388% | $1.2M | $215K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.097 | −0.467% | $6K | $369K | 20x | as long as short |
| edgeX SKUUUSDClong | +0.0405% | 4h | 29.234 | long leg | $180K | $289K | 10x |
MEXC SKUU_USDT
Bitget SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT