Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.033%
Price spread now: Binance against Phemex+0.254%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$1331.330% of the position
Funding, last 7 days+0.053%+$5 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now +0.254%, 7d avg −0.033%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.287% dearer against Phemex than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of −0.033%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKUUUSDT | 29.160 | 0 | get 0.0000% / 8h | 6h 16m | $1.2M | $215K | 20x |
| Short | Binance SKUUUSDT | 29.234 | 0 | get 0.0000% / 8h | 6h 16m | $645K | $2.0M | 20x |
Phemex SKUUUSDT
Binance SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. 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
- $0
- Price spread: +0.254% → −0.033%
- $28.7
- Slippage, 4 orders
- −$111
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$104.3
- Costs to cover
- 1.330%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; Binance: live order book, 11 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 Phemex live order book, 4 min ago | 6.87 bp | 45.8 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 5.14 bp | 19.5 bp −$19 | 74.2 bp −$742 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKUUUSDT | −0.1717% | 8h | 29.217 | +0.195% | $602K | $478K | 20x | as long as short |
| MEXC SKUU_USDT | −0.0365% | 8h | 29.207 | +0.161% | $8.9M | $88K | 20x | as long as short |
| Binance SKUUUSDTshort | 0.0000% | 8h | 29.234 | +0.254% | $645K | $2.0M | 20x | |
| Bybit SKUUUSDT | 0.0000% | 8h | 29.240 | +0.274% | $244K | $209K | 25x | as long as short |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 29.260 | +0.343% | $697K | $1.4M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 29.181 | +0.072% | $215K | $45K | 20x | as long as short |
| Phemex SKUUUSDTlong | 0.0000% | 8h | 29.160 | long leg | $1.2M | $215K | 20x | |
| HTX SKUU-USDT | +0.0100% | 8h | 29.116 | −0.151% | $6K | $368K | 20x | as long as short |
| edgeX SKUUUSDC | +0.0473% | 4h | 29.140 | −0.070% | $179K | $290K | 10x | as long as short |
Bitget SKUUUSDT
MEXC SKUU_USDT
Bybit SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
HTX SKUU-USDT
edgeX SKUUUSDC