Funding you earn now, next payment 12:00 UTC−0.0386%/8h= −42.2% APRpaid last 24h +0.058%
Price spread now: Phemex against edgeX−0.012%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$179as in the Funding arb table
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1331.331% of the position
Funding, last 7 days−0.462%−$46 on $10k
+Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.012%, 7d avg +0.003%
=Together, before fees−0.536%+ Points / potential airdropedgeX: Active · farm board−$54 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SKUUUSDC | 29.623 | 0.0386 | pay 0.0193% / 4h | 1h 43m | $182K | $290K | 10x |
| Short | Phemex SKUUUSDT | 29.620 | 0 | get 0.0000% / 8h | 5h 43m | $1.2M | $225K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- −$80.96
- Price spread: −0.012% → +0.003%
- −$1.42
- Slippage, 4 orders
- −$112.11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$215.49
- Costs to cover
- 1.331%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 3 min ago; Phemex: 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, 3 min ago | 3.38 bp | 25.3 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 10.13 bp | 43.1 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
SKUU on 9 exchanges
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 | −0.1357% | 8h | 29.597 | −0.089% | $606K | $488K | 20x | as long as short |
| MEXC SKUU_USDT | −0.0031% | 8h | 29.615 | −0.029% | $9.0M | $87K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 29.626 | +0.008% | $593K | $2.1M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.640 | +0.056% | $243K | $196K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.640 | +0.056% | $679K | $1.4M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.596 | −0.093% | $218K | $45K | 20x | as long as short |
| Phemex SKUUUSDTshort | 0.0000% | 8h | 29.620 | −0.012% | $1.2M | $225K | 20x | |
| HTX SKUU-USDT | +0.0100% | 8h | 29.595 | −0.096% | $6K | $367K | 20x | as long as short |
| edgeX SKUUUSDClong | +0.0386% | 4h | 29.623 | long leg | $182K | $290K | 10x |
edgeX SKUUUSDC
Phemex SKUUUSDT
Bitget SKUUUSDT
MEXC SKUU_USDT
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
HTX SKUU-USDT