Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.033%
Price spread now: Phemex against OKX−0.066%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1531.529% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now −0.066%, 7d avg +0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.091% cheaper against OKX than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SKUU-USDT-SWAP | 30.350 | 0 | get 0.0000% / 8h | 3h 38m | $721K | $1.1M | 20x |
| Short | Phemex SKUUUSDT | 30.330 | 0 | get 0.0000% / 8h | 3h 38m | $1.2M | $168K | 20x |
OKX SKUU-USDT-SWAP
Phemex SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against OKX. 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
- $0
- Price spread: −0.066% → +0.025%
- −$9.1
- Slippage, 4 orders
- −$130.88
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$161.98
- Costs to cover
- 1.529%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; Phemex: live order book, 4 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 OKX live order book, 3 min ago | 3.29 bp | 20.0 bp −$20 | 473.2 bp −$4,732 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 4 min ago | 6.53 bp | 50.2 bp −$50 | 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 | 30.332 | −0.059% | $595K | $1.4M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 30.310 | −0.132% | $271K | $155K | 25x | as long as short |
| OKX SKUU-USDT-SWAPlong | 0.0000% | 8h | 30.350 | long leg | $721K | $1.1M | 20x | |
| Gate SKUU_USDT | 0.0000% | 8h | 30.314 | −0.119% | $231K | $21K | 20x | as long as short |
| MEXC SKUU_USDT | 0.0000% | 8h | 30.360 | +0.033% | $9.2M | $86K | 20x | as long as short |
| Bitget SKUUUSDT | 0.0000% | 8h | 30.307 | −0.142% | $583K | $322K | 20x | as long as short |
| Phemex SKUUUSDTshort | 0.0000% | 8h | 30.330 | −0.066% | $1.2M | $168K | 20x | |
| HTX SKUU-USDT | +0.0100% | 8h | 30.278 | −0.237% | $6K | $376K | 20x | as long as short |
| edgeX SKUUUSDC | +0.0112% | 4h | 30.466 | +0.383% | $188K | $289K | 10x | as long as short |
Binance SKUUUSDT
Bybit SKUUUSDT
Gate SKUU_USDT
MEXC SKUU_USDT
Bitget SKUUUSDT
HTX SKUU-USDT
edgeX SKUUUSDC