Funding you earn now, next payment 16:00 UTC+0.0877%/8h= +96.0% APRnext payment +$8.77 per $10,000 · paid last 24h +0.096%
Price spread now: Binance against MEXC+0.047%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$530.526% of the position
Funding, last 7 days−0.297%−$30 on $10k
+Price spread, last 7 days−0.002%$0 · spread now +0.047%, 7d avg +0.051%
=The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: +$26 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.297%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.297% in total (about -15.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.77 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SKUU_USDT | 29.590 | −0.0877 | get 0.0877% / 8h | 4h 56m | $9.0M | $86K | 20x |
| Short | Binance SKUUUSDT | 29.604 | 0 | get 0.0000% / 8h | 4h 56m | $588K | $2.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- $184.17
- Price spread: +0.047% → +0.051%
- −$0.46
- Slippage, 4 orders
- −$42.63
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $131.08
- Costs to cover
- 0.526%
- Break-even
- 2.0 days
Slippage from MEXC: live order book, 4 min ago; Binance: live order book, 1 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 MEXC live order book, 4 min ago | 5.07 bp | 6.0 bp −$6 | 21.9 bp −$219 | 186.1 bp −$18.6K | doesn't fit |
| Sell Binance live order book, 1 min ago | 3.38 bp | 20.9 bp −$21 | 75.1 bp −$751 | doesn't fit | doesn't fit |
SKUU on 9 exchanges
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_USDTlong | −0.0877% | 8h | 29.590 | long leg | $9.0M | $86K | 20x | |
| Bitget SKUUUSDT | −0.0867% | 8h | 29.611 | +0.071% | $607K | $490K | 20x | as long as short |
| edgeX SKUUUSDC | −0.0359% | 4h | 29.670 | +0.269% | $183K | $287K | 10x | as long as short |
| Binance SKUUUSDTshort | 0.0000% | 8h | 29.604 | +0.047% | $588K | $2.1M | 20x | |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.550 | −0.135% | $241K | $197K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.610 | +0.068% | $678K | $1.4M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.603 | +0.044% | $218K | $45K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 29.620 | +0.101% | $1.2M | $226K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 29.520 | −0.237% | $6K | $365K | 20x | as long as short |
MEXC SKUU_USDT
Binance SKUUUSDT
Bitget SKUUUSDT
edgeX SKUUUSDC
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT