Funding you earn now, next payment 08:00 UTC−0.1983%/8h= −217.1% APRpaid last 24h −0.027%
Price spread now: Bitget against edgeX−0.009%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1251.250% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)−1.521%−$152 · spread now −0.009%, 7d avg −0.053%
=Together, before fees−1.684%+ Points / potential airdropedgeX: Active · farm board−$168 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.044% dearer against edgeX than usual: you sell high and buy low (spread −0.009% now, against its 7-day average of −0.053%): +$4 on $10k if it goes back. Holding the pair costs −$59 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.162% in total) that is about 45 hours.
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 | edgeX SKUUUSDC | 29.158 | −0.0681 | get 0.0340% / 4h | 4m 52s | $180K | $290K | 10x |
| Short | Bitget SKUUUSDT | 29.155 | −0.2664 | pay 0.2664% / 8h | 4m 52s | $576K | $449K | 20x |
edgeX SKUUUSDC
Bitget SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$416.43
- Price spread: −0.009% → −0.053%
- $4.39
- Slippage, 4 orders
- −$104.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$537.06
- Costs to cover
- 1.250%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 33 min ago; Bitget: live order book, 30 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, 33 min ago | 10.26 bp | 28.4 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 30 min ago | 17.26 bp | 30.0 bp −$30 | 46.9 bp −$469 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKUUUSDTshort | −0.2664% | 8h | 29.155 | −0.009% | $576K | $449K | 20x | |
| MEXC SKUU_USDT | −0.0768% | 8h | 29.149 | −0.030% | $8.9M | $89K | 20x | as long as short |
| edgeX SKUUUSDClong | −0.0681% | 4h | 29.158 | long leg | $180K | $290K | 10x | |
| Binance SKUUUSDT | 0.0000% | 8h | 29.140 | −0.060% | $612K | $1.8M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.130 | −0.095% | $243K | $190K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.130 | −0.095% | $708K | $1.3M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.113 | −0.153% | $219K | $37K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.170 | +0.042% | $1.2M | $204K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.083 | −0.256% | $6K | $371K | 20x | as long as short |
MEXC SKUU_USDT
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT