Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.030%
Price spread now: Phemex against Binance+0.064%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1241.238% of the position
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 2 days (all we have)−0.009%−$1 · spread now +0.064%, 7d avg +0.061%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKUUUSDT | 31.290 | 0 | get 0.0000% / 8h | 7h 23m | $608K | $1.3M | 20x |
| Short | Phemex SKUUUSDT | 31.310 | 0 | get 0.0000% / 8h | 7h 23m | $1.2M | $161K | 20x |
Binance SKUUUSDT
Phemex SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Binance. 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: +0.064% → +0.061%
- $0.29
- Slippage, 4 orders
- −$101.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$123.49
- Costs to cover
- 1.238%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; Phemex: live order book, 5 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 Binance live order book, 9 min ago | 3.21 bp | 18.4 bp −$18 | 84.1 bp −$841 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 9.59 bp | 44.4 bp −$44 | 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 SKUUUSDTlong | 0.0000% | 8h | 31.290 | long leg | $608K | $1.3M | 20x | |
| Bybit SKUUUSDT | 0.0000% | 8h | 31.250 | −0.128% | $288K | $130K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 31.310 | +0.064% | $761K | $1.0M | 20x | as long as short |
| Phemex SKUUUSDTshort | 0.0000% | 8h | 31.310 | +0.064% | $1.2M | $161K | 20x | |
| Gate SKUU_USDT | +0.0041% | 8h | 31.270 | −0.064% | $239K | $18K | 20x | as long as short |
| MEXC SKUU_USDT | +0.0772% | 8h | 31.239 | −0.163% | $9.5M | $82K | 20x | as long as short |
| Bitget SKUUUSDT | +0.0792% | 8h | 31.202 | −0.281% | $617K | $264K | 20x | as long as short |
| edgeX SKUUUSDC | +0.0842% | 4h | 31.317 | +0.086% | $193K | $288K | 10x | as long as short |
| HTX SKUU-USDT | +0.2507% | 8h | 31.286 | −0.013% | $6K | $388K | 20x | as long as short |
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
MEXC SKUU_USDT
Bitget SKUUUSDT
edgeX SKUUUSDC
HTX SKUU-USDT