Funding you earn now, next payment 04:00 UTC+0.1323%/8h= +144.9% APRpaid last 24h −0.005%
Price spread now: MEXC against edgeX−0.080%7-day average −0.043% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1000.996% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)−1.488%−$149 · spread now −0.080%, 7d avg −0.043%
=Together, before fees−1.441%+ Points / potential airdropedgeX: Active · farm board−$144 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.038% cheaper against edgeX than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of −0.043%). If the spread goes back, that is −$4 on $10k: about 2 hours of funding at the current rate (+$40 a day). At the pace of the last 7 days (+0.047% in total) that is about 5.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.047% in total (about 2.4% 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 | 31.269 | −0.0451 | get 0.0226% / 4h | 1h 49m | $193K | $288K | 10x |
| Short | MEXC SKUU_USDT | 31.244 | 0.0872 | get 0.0872% / 8h | 5h 49m | $9.5M | $83K | 20x |
edgeX SKUUUSDC
MEXC SKUU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $277.86
- Price spread: −0.080% → −0.043%
- −$3.78
- Slippage, 4 orders
- −$90.61
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $174.47
- Costs to cover
- 0.996%
- Break-even
- 2.6 days
Slippage from edgeX: live order book, 14 min ago; MEXC: 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, 14 min ago | 11.21 bp | 24.5 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 9.60 bp | 15.8 bp −$16 | 159.2 bp −$1,592 | 222.4 bp −$22.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKUUUSDClong | −0.0451% | 4h | 31.269 | long leg | $193K | $288K | 10x | |
| Binance SKUUUSDT | 0.0000% | 8h | 31.166 | −0.331% | $590K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 31.170 | −0.317% | $286K | $141K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 31.200 | −0.221% | $743K | $1.1M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 31.225 | −0.141% | $238K | $19K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 31.200 | −0.221% | $1.2M | $163K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 31.209 | −0.192% | $6K | $383K | 20x | as long as short |
| MEXC SKUU_USDTshort | +0.0872% | 8h | 31.244 | −0.080% | $9.5M | $83K | 20x | |
| Bitget SKUUUSDT | +0.0917% | 8h | 31.223 | −0.148% | $586K | $288K | 20x | as long as short |
Binance SKUUUSDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT
Bitget SKUUUSDT