Settings8H · net · $10k
Funding arb · Price arb /

SKUU

RWAall SKUU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0902%/8h= +98.8% APRpaid last 24h +0.027%
Price spread now: edgeX against Bitget+0.543%84s7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1331.330% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.162%+$16 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.543%, 7d avg +0.050%
Together, before fees+0.061%+ Points / potential airdropedgeX: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and edgeX is 0.493% dearer against Bitget than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of +0.050%. The two prices were read 84 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 0.162% in total (about 8.5% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKUUUSDT30.079−0.0140get 0.0140% / 8h3h 18m$576K$355K20x
ShortedgeX SKUUUSDC30.2420.0762get 0.0381% / 4h3h 18m$186K$289K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$189.46
Price spread: +0.543% → +0.050%
$49.32
Slippage, 4 orders
−$112.04
Fee Bitget: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$105.75
Costs to cover
1.330%
Break-even
3.1 days
Slippage from Bitget: live order book, 32 min ago; edgeX: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 32 min ago10.45 bp41.0 bp −$41105.7 bp −$1,057doesn't fitdoesn't fit
Sell edgeX live order book, 35 min ago11.35 bp24.1 bp −$24doesn't fitdoesn't fitdoesn't fit

SKUU on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SKUU_USDT−0.4532%8h30.103+0.080%$9.2M$87K20xas long as short
Bitget SKUUUSDTlong−0.0140%8h30.079long leg$576K$355K20x
Binance SKUUUSDT0.0000%8h30.100+0.070%$586K$1.4M20xas long as short
Bybit SKUUUSDT0.0000%8h30.080+0.003%$269K$161K25xas long as short
OKX SKUU-USDT-SWAP0.0000%8h30.090+0.037%$717K$1.1M20xas long as short
Gate SKUU_USDT0.0000%8h30.101+0.073%$229K$22K20xas long as short
Phemex SKUUUSDT0.0000%8h30.100+0.070%$1.2M$171K20xas long as short
HTX SKUU-USDT+0.0100%8h30.074−0.017%$6K$375K20xas long as short
edgeX SKUUUSDCshort+0.0762%4h30.242+0.543%$186K$289K10x