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

SKUU

RWAall SKUU markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit+0.064%7-day average +0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2072.069% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 4 days (all we have)+0.062%+$6 · spread now +0.064%, 7d avg +0.109%
Together, before fees+0.129%+$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.045% cheaper against Bybit than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.109%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SKUUUSDT31.2400get 0.0000% / 8h7h 45m$287K$127K25x
ShortOKX SKUU-USDT-SWAP31.2600get 0.0000% / 8h7h 45m$759K$980K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bybit. 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
$0
Price spread: +0.064% → +0.109%
−$4.48
Slippage, 4 orders
−$185.92
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee OKX: 5 bp × 2 orders
−$10
Net
−$211.4
Costs to cover
2.069%
Break-even
never at this rate
Slippage from Bybit: live order book, 10 min ago; OKX: live order book, 26 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 Bybit live order book, 10 min ago11.26 bp75.0 bp −$75doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 26 min ago4.97 bp51.7 bp −$52doesn'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
edgeX SKUUUSDC−0.0909%4h31.157−0.267%$192K$289K10xas long as short
Binance SKUUUSDT0.0000%8h31.241+0.003%$613K$1.3M20xas long as short
Bybit SKUUUSDTlong0.0000%8h31.240long leg$287K$127K25x
OKX SKUU-USDT-SWAPshort0.0000%8h31.260+0.064%$759K$980K20x
Phemex SKUUUSDT0.0000%8h31.280+0.128%$1.2M$161K20xas long as short
MEXC SKUU_USDT+0.0123%8h31.201−0.125%$9.5M$81K20xas long as short
Bitget SKUUUSDT+0.0182%8h31.234−0.019%$629K$262K20xas long as short
Gate SKUU_USDT+0.0297%8h31.284+0.141%$239K$17K20xas long as short
HTX SKUU-USDT+0.8041%8h30.771−1.501%$6K$390K20xas long as short