Funding you earn now, next payment 08:00 UTC−0.0917%/8h= −100.4% APRnext payment −$9.17 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC−0.154%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$960.958% of the position
Funding, last 7 days−0.389%−$39 on $10k
+Price spread, last 2 days (all we have)+0.078%+$8 · spread now −0.154%, 7d avg +0.047%
=Both sides work against this trade now: funding costs −$28 a day on $10k at the current rate, and Binance is 0.201% cheaper against MEXC than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.389% in total (about -20.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$9.17 per $10,000. 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 | MEXC SKUU_USDT | 31.194 | 0.0917 | pay 0.0917% / 8h | 5h 48m | $9.5M | $83K | 20x |
| Short | Binance SKUUUSDT | 31.146 | 0 | get 0.0000% / 8h | 5h 48m | $590K | $1.3M | 20x |
MEXC SKUU_USDT
Binance SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- −$192.57
- Price spread: −0.154% → +0.047%
- −$20.12
- Slippage, 4 orders
- −$85.83
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$308.52
- Costs to cover
- 0.958%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; Binance: live order book, 14 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 MEXC live order book, 4 min ago | 9.60 bp | 35.6 bp −$36 | 177.8 bp −$1,778 | 224.5 bp −$22.4K | doesn't fit |
| Sell Binance live order book, 14 min ago | 1.60 bp | 21.6 bp −$22 | 65.4 bp −$654 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKUUUSDC | −0.0451% | 4h | 31.269 | +0.241% | $193K | $288K | 10x | as long as short |
| Binance SKUUUSDTshort | 0.0000% | 8h | 31.146 | −0.154% | $590K | $1.3M | 20x | |
| Bybit SKUUUSDT | 0.0000% | 8h | 31.170 | −0.077% | $286K | $141K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 31.140 | −0.173% | $742K | $1.1M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 31.197 | +0.010% | $238K | $19K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 31.200 | +0.019% | $1.2M | $163K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 31.209 | +0.048% | $6K | $383K | 20x | as long as short |
| MEXC SKUU_USDTlong | +0.0917% | 8h | 31.194 | long leg | $9.5M | $83K | 20x | |
| Bitget SKUUUSDT | +0.0917% | 8h | 31.170 | −0.077% | $585K | $288K | 20x | as long as short |
edgeX SKUUUSDC
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT
Bitget SKUUUSDT