Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.033%
Price spread now: Bybit against Phemex−0.128%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2572.569% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 3 days (all we have)+0.128%+$13 · spread now −0.128%, 7d avg −0.133%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKUUUSDT | 31.290 | 0 | get 0.0000% / 8h | 5h 51m | $1.2M | $165K | 20x |
| Short | Bybit SKUUUSDT | 31.250 | 0 | get 0.0000% / 8h | 5h 51m | $286K | $141K | 25x |
Phemex SKUUUSDT
Bybit SKUUUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.128% → −0.133%
- $0.52
- Slippage, 4 orders
- −$233.87
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$256.34
- Costs to cover
- 2.569%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; Bybit: live order book, 59 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, 1 min ago | 6.40 bp | 49.9 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 59 min ago | 11.17 bp | 85.0 bp −$85 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKUUUSDC | −0.0451% | 4h | 31.269 | −0.067% | $193K | $288K | 10x | as long as short |
| Binance SKUUUSDT | 0.0000% | 8h | 31.279 | −0.035% | $592K | $1.3M | 20x | as long as short |
| Bybit SKUUUSDTshort | 0.0000% | 8h | 31.250 | −0.128% | $286K | $141K | 25x | |
| OKX SKUU-USDT-SWAP | 0.0000% | 8h | 31.270 | −0.064% | $744K | $1.1M | 20x | as long as short |
| Gate SKUU_USDT | 0.0000% | 8h | 31.270 | −0.064% | $238K | $19K | 20x | as long as short |
| Phemex SKUUUSDTlong | 0.0000% | 8h | 31.290 | long leg | $1.2M | $165K | 20x | |
| HTX SKUU-USDT | +0.0100% | 8h | 31.244 | −0.147% | $6K | $383K | 20x | as long as short |
| MEXC SKUU_USDT | +0.0619% | 8h | 31.249 | −0.131% | $9.5M | $82K | 20x | as long as short |
| Bitget SKUUUSDT | +0.0917% | 8h | 31.238 | −0.166% | $587K | $288K | 20x | as long as short |
edgeX SKUUUSDC
Binance SKUUUSDT
OKX SKUU-USDT-SWAP
Gate SKUU_USDT
HTX SKUU-USDT
MEXC SKUU_USDT
Bitget SKUUUSDT