Funding you earn now, next payment 08:00 UTC−0.0738%/8h= −80.8% APRpaid last 24h −0.027%
Price spread now: Binance against edgeX−0.135%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$107as in the Price arb table
costs, in and out, $10k−$970.972% of the position
Funding, last 7 days−0.375%−$37 on $10k
+Price spread, last 4 days (all we have)−0.131%−$13 · spread now −0.135%, 7d avg −0.040%
=Together, before fees−0.505%+ Points / potential airdropedgeX: Active · farm board−$51 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Binance is 0.095% cheaper against edgeX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.040%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.375% in total (about -19.5% 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 | edgeX SKUUUSDC | 30.574 | 0.0738 | pay 0.0369% / 4h | 3h 43m | $188K | $290K | 10x |
| Short | Binance SKUUUSDT | 30.533 | 0 | get 0.0000% / 8h | 3h 43m | $599K | $1.4M | 20x |
edgeX SKUUUSDC
Binance SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$155.01
- Price spread: −0.135% → −0.040%
- −$9.5
- Slippage, 4 orders
- −$78.2
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$261.71
- Costs to cover
- 0.972%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 9 min ago; Binance: 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 edgeX live order book, 9 min ago | 11.35 bp | 36.1 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.63 bp | 19.6 bp −$20 | 73.1 bp −$731 | 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 SKUUUSDTshort | 0.0000% | 8h | 30.533 | −0.135% | $599K | $1.4M | 20x | |
| Bybit SKUUUSDT | 0.0000% | 8h | 30.450 | −0.406% | $271K | $155K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 30.560 | −0.046% | $725K | $1.1M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 30.472 | −0.334% | $232K | $21K | 20x | as long as short |
| Bitget SKUUUSDT | 0.0000% | 8h | 30.449 | −0.410% | $591K | $309K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 30.500 | −0.243% | $1.2M | $167K | 20x | as long as short |
| MEXC SKUU_USDT | +0.0032% | 8h | 30.499 | −0.246% | $9.3M | $86K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 30.476 | −0.321% | $6K | $377K | 20x | as long as short |
| edgeX SKUUUSDClong | +0.0738% | 4h | 30.574 | long leg | $188K | $290K | 10x |
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Bitget SKUUUSDT
Phemex SKUUUSDT
MEXC SKUU_USDT
HTX SKUU-USDT