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: OKX against Phemex+0.033%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as 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)+0.068%+$7 · spread now +0.033%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.058% dearer against Phemex than usual: you sell high and buy low, +$6 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 | Phemex SKUUUSDT | 30.290 | 0 | get 0.0000% / 8h | 3h 37m | $1.2M | $168K | 20x |
| Short | OKX SKUU-USDT-SWAP | 30.300 | 0 | get 0.0000% / 8h | 3h 37m | $722K | $1.1M | 20x |
Phemex SKUUUSDT
OKX SKUU-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Phemex. 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: +0.033% → −0.025%
- $5.81
- Slippage, 4 orders
- −$130.88
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$147.07
- Costs to cover
- 1.529%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 5 min ago; OKX: 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 Phemex live order book, 5 min ago | 6.53 bp | 39.8 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 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 | −0.3714% | 8h | 30.292 | +0.007% | $9.2M | $86K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 30.274 | −0.052% | $594K | $1.4M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 30.260 | −0.099% | $270K | $155K | 25x | as long as short |
| OKX SKUU-USDT-SWAPshort | 0.0000% | 8h | 30.300 | +0.033% | $722K | $1.1M | 20x | |
| Gate SKUU_USDT | 0.0000% | 8h | 30.285 | −0.017% | $230K | $21K | 20x | as long as short |
| Bitget SKUUUSDT | 0.0000% | 8h | 30.281 | −0.030% | $582K | $322K | 20x | as long as short |
| Phemex SKUUUSDTlong | 0.0000% | 8h | 30.290 | long leg | $1.2M | $168K | 20x | |
| HTX SKUU-USDT | +0.0100% | 8h | 30.284 | −0.020% | $6K | $376K | 20x | as long as short |
| edgeX SKUUUSDC | +0.0112% | 4h | 30.466 | +0.581% | $188K | $289K | 10x | as long as short |
MEXC SKUU_USDT
Binance SKUUUSDT
Bybit SKUUUSDT
Gate SKUU_USDT
Bitget SKUUUSDT
HTX SKUU-USDT
edgeX SKUUUSDC