Funding you earn now, next payment 16:00 UTC+0.1038%/8h= +113.7% APRnext payment +$10.38 per $10,000 · paid last 24h −0.096%
Price spread now: MEXC against OKX+0.035%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1701.703% of the position
Funding, last 7 days+0.324%+$32 on $10k
+Price spread, last 7 days−0.089%−$9 · spread now +0.035%, 7d avg −0.033%
=Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and MEXC is 0.068% dearer against OKX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.033%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.324% in total (about 16.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.38 per $10,000. 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 | OKX SKUU-USDT-SWAP | 28.680 | 0 | get 0.0000% / 8h | 7h 19m | $682K | $1.3M | 20x |
| Short | MEXC SKUU_USDT | 28.690 | 0.1038 | get 0.1038% / 8h | 7h 19m | $8.7M | $88K | 20x |
OKX SKUU-USDT-SWAP
MEXC SKUU_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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
- $217.98
- Price spread: +0.035% → −0.033%
- $6.78
- Slippage, 4 orders
- −$160.35
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $54.41
- Costs to cover
- 1.703%
- Break-even
- 5.3 days
Slippage from OKX: live order book, 2 min ago; MEXC: live order book, 3 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 OKX live order book, 2 min ago | 3.49 bp | 52.6 bp −$53 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 13.11 bp | 27.2 bp −$27 | 40.5 bp −$405 | 189.7 bp −$19.0K | 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 SKUUUSDT | −0.2459% | 8h | 28.697 | +0.059% | $594K | $473K | 20x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 28.710 | +0.105% | $647K | $1.9M | 20x | as long as short |
| Bybit SKUUUSDT | 0.0000% | 8h | 28.660 | −0.070% | $245K | $205K | 25x | as long as short |
| OKX SKUU-USDT-SWAPlong | 0.0000% | 8h | 28.680 | long leg | $682K | $1.3M | 20x | |
| Gate SKUU_USDT | 0.0000% | 8h | 28.590 | −0.314% | $210K | $43K | 20x | as long as short |
| Phemex SKUUUSDT | 0.0000% | 8h | 28.620 | −0.209% | $1.1M | $213K | 20x | as long as short |
| HTX SKUU-USDT | +0.0100% | 8h | 28.628 | −0.181% | $6K | $370K | 20x | as long as short |
| edgeX SKUUUSDC | +0.0326% | 4h | 28.558 | −0.426% | $176K | $289K | 10x | as long as short |
| MEXC SKUU_USDTshort | +0.1038% | 8h | 28.690 | +0.035% | $8.7M | $88K | 20x |
Bitget SKUUUSDT
Binance SKUUUSDT
Bybit SKUUUSDT
Gate SKUU_USDT
Phemex SKUUUSDT
HTX SKUU-USDT
edgeX SKUUUSDC