Funding you earn now, next payment 08:00 UTC−0.0112%/8h= −12.3% APRpaid last 24h −0.027%
Price spread now: OKX against edgeX−0.480%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1231.231% of the position
Funding, last 7 days−0.394%−$39 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.480%, 7d avg −0.033%
=Together, before fees−0.296%+ Points / potential airdropedgeX: Active · farm board−$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.447% cheaper against edgeX than usual: you would sell low and buy high (−$45 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SKUUUSDC | 30.466 | 0.0112 | pay 0.0056% / 4h | 3h 38m | $188K | $289K | 10x |
| Short | OKX SKUU-USDT-SWAP | 30.320 | 0 | get 0.0000% / 8h | 3h 38m | $720K | $1.1M | 20x |
edgeX SKUUUSDC
OKX SKUU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$23.61
- Price spread: −0.480% → −0.033%
- −$44.68
- Slippage, 4 orders
- −$104.08
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$191.36
- Costs to cover
- 1.231%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 14 min ago; OKX: live order book, 2 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, 14 min ago | 11.35 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 3.29 bp | 42.9 bp −$43 | 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 | −0.3339% | 8h | 30.361 | −0.345% | $9.2M | $86K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 30.320 | −0.480% | $595K | $1.4M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 30.310 | −0.512% | $271K | $155K | 25x | as long as short |
| OKX SKUU-USDT-SWAPshort | 0.0000% | 8h | 30.320 | −0.480% | $720K | $1.1M | 20x | |
| Gate SKUU_USDT | 0.0000% | 8h | 30.328 | −0.453% | $231K | $21K | 20x | as long as short |
| Bitget SKUUUSDT | 0.0000% | 8h | 30.313 | −0.503% | $583K | $322K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 30.330 | −0.447% | $1.2M | $168K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 30.278 | −0.617% | $6K | $376K | 20x | as long as short |
| edgeX SKUUUSDClong | +0.0112% | 4h | 30.466 | long leg | $188K | $289K | 10x |
MEXC SKUU_USDT
Binance SKUUUSDT
Bybit SKUUUSDT
Gate SKUU_USDT
Bitget SKUUUSDT
Phemex SKUUUSDT
HTX SKUU-USDT