Funding you earn now, next payment 08:00 UTC−0.0676%/8h= −74.1% APRpaid last 24h −0.027%
Price spread now: Gate against edgeX+0.010%7-day average −0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$482as in the Funding arb table
Net, price: spread back to 7d avg − costs−$427as in the Price arb table
costs, in and out, $10k−$4364.362% of the position
Funding, last 7 days−0.461%−$46 on $10k
+Price spread, last 4 days (all we have)−0.490%−$49 · spread now +0.010%, 7d avg −0.079%
=Together, before fees−0.952%+ Points / potential airdropedgeX: Active · farm board−$95 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.089% dearer against edgeX than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.079%): +$9 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 7 days (−0.461% in total) that is about 32 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.461% in total (about -24.1% 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 | 30.134 | 0.0676 | pay 0.0338% / 4h | 3h 14m | $186K | $290K | 10x |
| Short | Gate SKUU_USDT | 30.137 | 0 | get 0.0000% / 8h | 3h 14m | $229K | $22K | 20x |
edgeX SKUUUSDC
Gate SKUU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$142.05
- Price spread: +0.010% → −0.079%
- $8.88
- Slippage, 4 orders
- −$412.24
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$569.4
- Costs to cover
- 4.362%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 38 min ago; Gate: live order book, 32 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, 38 min ago | 11.35 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 32 min ago | 6.06 bp | 173.6 bp −$174 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKUUUSDT | −0.0264% | 8h | 30.168 | +0.113% | $578K | $355K | 20x | as long as short |
| MEXC SKUU_USDT | −0.0234% | 8h | 30.177 | +0.143% | $9.2M | $87K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 30.159 | +0.083% | $591K | $1.4M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 30.120 | −0.047% | $270K | $161K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 30.150 | +0.053% | $719K | $1.1M | 20x | as long as short |
| Gate SKUU_USDTshort | 0.0000% | 8h | 30.137 | +0.010% | $229K | $22K | 20x | |
| Phemex SKUUUSDT | 0.0000% | 8h | 30.170 | +0.119% | $1.2M | $171K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 30.104 | −0.100% | $6K | $375K | 20x | as long as short |
| edgeX SKUUUSDClong | +0.0676% | 4h | 30.134 | long leg | $186K | $290K | 10x |
Bitget SKUUUSDT
MEXC SKUU_USDT
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Phemex SKUUUSDT
HTX SKUU-USDT