Funding you earn now, next payment 04:00 UTC−0.0684%/8h= −74.9% APRpaid last 24h +0.005%
Price spread now: edgeX against MEXC+0.076%98s7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as 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−$730.726% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)+0.483%+$48 · spread now +0.076%, 7d avg +0.045%
=Together, before fees+0.436%+ Points / potential airdropedgeX: Active · farm board+$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.031% dearer against MEXC than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of +0.045%): +$3 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.047% in total) that is about 4.7 days. The two prices were read 98 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 -0.047% in total (about -2.4% 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 | MEXC SKUU_USDT | 31.273 | 0.0790 | pay 0.0790% / 8h | 4h 33m | $9.5M | $86K | 20x |
| Short | edgeX SKUUUSDC | 31.297 | 0.0106 | get 0.0053% / 4h | 33m 53s | $193K | $289K | 10x |
MEXC SKUU_USDT
edgeX SKUUUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$143.63
- Price spread: +0.076% → +0.045%
- $3.13
- Slippage, 4 orders
- −$63.59
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$213.09
- Costs to cover
- 0.726%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; edgeX: 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 MEXC live order book, 4 min ago | 9.59 bp | 22.2 bp −$22 | 159.2 bp −$1,592 | 215.4 bp −$21.5K | doesn't fit |
| Sell edgeX live order book, 24 min ago | 9.57 bp | 16.9 bp −$17 | 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 | 31.290 | +0.054% | $602K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 31.270 | −0.010% | $279K | $154K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 31.310 | +0.118% | $745K | $1.1M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 31.272 | −0.003% | $238K | $21K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 31.290 | +0.054% | $1.2M | $164K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 31.210 | −0.201% | $6K | $380K | 20x | as long as short |
| edgeX SKUUUSDCshort | +0.0106% | 4h | 31.297 | +0.076% | $193K | $289K | 10x | |
| Bitget SKUUUSDT | +0.0788% | 8h | 31.300 | +0.086% | $587K | $295K | 20x | as long as short |
| MEXC SKUU_USDTlong | +0.0790% | 8h | 31.273 | long leg | $9.5M | $86K | 20x |
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT
Bitget SKUUUSDT