Funding you earn now, next payment 00:00 UTC−0.0923%/8h= −101.0% APRpaid last 24h −0.065%
Price spread now: Bybit against edgeX−0.114%71s7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$230as 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−$1891.893% of the position
Funding, last 7 days−0.406%−$41 on $10k
+Price spread, last 3 days (all we have)−0.228%−$23 · spread now −0.114%, 7d avg −0.137%
=Together, before fees−0.634%+ Points / potential airdropedgeX: Active · farm board−$63 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.024% dearer against edgeX than usual: you sell high and buy low (spread −0.114% now, against its 7-day average of −0.137%): +$2 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.406% in total) that is about 10 hours. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.406% in total (about -21.2% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SKUUUSDC | 30.204 | 0.0923 | pay 0.0461% / 4h | 36m 20s | $186K | $288K | 10x |
| Short | Bybit SKUUUSDT | 30.170 | 0 | get 0.0000% / 8h | 36m 20s | $279K | $121K | 25x |
edgeX SKUUUSDC
Bybit SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$193.79
- Price spread: −0.114% → −0.137%
- $2.36
- Slippage, 4 orders
- −$169.26
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$380.69
- Costs to cover
- 1.893%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 41 min ago; Bybit: live order book, 24 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, 41 min ago | 8.34 bp | 20.5 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 24 min ago | 13.33 bp | 37.9 bp −$38 | 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 SKUUUSDT | 0.0000% | 8h | 30.215 | +0.034% | $629K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDTshort | 0.0000% | 8h | 30.170 | −0.114% | $279K | $121K | 25x | |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 30.230 | +0.085% | $735K | $852K | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 30.218 | +0.045% | $232K | $17K | 20x | as long as short |
| Bitget SKUUUSDT | 0.0000% | 8h | 30.212 | +0.025% | $634K | $279K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 30.220 | +0.052% | $1.2M | $159K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 30.146 | −0.193% | $6K | $392K | 20x | as long as short |
| MEXC SKUU_USDT | +0.0179% | 8h | 30.198 | −0.021% | $9.2M | $81K | 20x | as long as short |
| edgeX SKUUUSDClong | +0.0923% | 4h | 30.204 | long leg | $186K | $288K | 10x |
Binance SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Bitget SKUUUSDT
Phemex SKUUUSDT
HTX SKUU-USDT
MEXC SKUU_USDT