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 − costs—prices read too far apart to compare
costs, in and out, $10k−$1331.330% of the position
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKUUUSDT | 30.079 | −0.0140 | get 0.0140% / 8h | 3h 18m | $576K | $355K | 20x |
| Short | edgeX SKUUUSDC | 30.242 | 0.0762 | get 0.0381% / 4h | 3h 18m | $186K | $289K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 32 min ago | 10.45 bp | 41.0 bp −$41 | 105.7 bp −$1,057 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 11.35 bp | 24.1 bp −$24 | 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 | −0.4532% | 8h | 30.103 | +0.080% | $9.2M | $87K | 20x | as long as short |
| Bitget SKUUUSDTlong | −0.0140% | 8h | 30.079 | long leg | $576K | $355K | 20x | |
| Binance SKUUUSDT | 0.0000% | 8h | 30.100 | +0.070% | $586K | $1.4M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 30.080 | +0.003% | $269K | $161K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 30.090 | +0.037% | $717K | $1.1M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 30.101 | +0.073% | $229K | $22K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 30.100 | +0.070% | $1.2M | $171K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 30.074 | −0.017% | $6K | $375K | 20x | as long as short |
| edgeX SKUUUSDCshort | +0.0762% | 4h | 30.242 | +0.543% | $186K | $289K | 10x |
Bitget SKUUUSDT
edgeX SKUUUSDC
MEXC SKUU_USDT
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT