Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.029%
Price spread now: BingX against KuCoin−0.005%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$556as in the Funding arb table
Net, price: spread back to 7d avg − costs−$538as in the Price arb table
costs, in and out, $10k−$5425.422% of the position
Funding, last 7 days−0.141%−$14 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now −0.005%, 7d avg −0.044%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.039% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.044%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKRUSDTM | 0.02081 | 0.0100 | pay 0.0050% / 4h | 2h 01m | $655K | $722K | 20x |
| Short | BingX SKR-USDT | 0.02081 | 0.0100 | get 0.0050% / 4h | 2h 01m | — | $2.4M | — |
KuCoin SKRUSDTM
BingX SKR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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: −0.005% → −0.044%
- $3.92
- Slippage, 4 orders
- −$520.2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$538.28
- Costs to cover
- 5.422%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 37 min ago; BingX: 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 KuCoin live order book, 37 min ago | 6.88 bp | 162.0 bp −$162 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 5.99 bp | 37.5 bp −$38 | 158.5 bp −$1,585 | 577.5 bp −$57.8K | 888.2 bp −$444.1K |
SKR on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter SKR | +0.0096% | 1h | 0.02075 | −0.269% | $9K | $21K | 3x | as long as short |
| Hyperliquid SKR | +0.0100% | 1h | 0.02079 | −0.077% | $1.3M | $785K | 3x | as long as short |
| Aster SKRUSDT | +0.0100% | 4h | 0.02081 | −0.013% | $28K | $34K | 5x | as long as short |
| Binance SKRUSDT | +0.0100% | 4h | 0.02079 | −0.075% | $3.6M | $13.1M | 20x | as long as short |
| Bybit SKRUSDT | +0.0100% | 4h | 0.02080 | −0.048% | $4.4M | $5.2M | 20x | as long as short |
| Gate SKR_USDT | +0.0100% | 4h | 0.02082 | +0.038% | $1.0M | $549K | 20x | as long as short |
| MEXC SKR_USDT | +0.0100% | 4h | 0.02080 | −0.062% | $4.3M | $472K | 20x | as long as short |
| KuCoin SKRUSDTMlong | +0.0100% | 4h | 0.02081 | long leg | $655K | $722K | 20x | |
| Bitget SKRUSDT | +0.0100% | 4h | 0.02081 | 0.000% | $1.5M | $1.2M | 20x | as long as short |
| BingX SKR-USDTshort | +0.0100% | 4h | 0.02081 | −0.005% | — | $2.4M | — |
Lighter SKR
Hyperliquid SKR
Aster SKRUSDT
Binance SKRUSDT
Bybit SKRUSDT
Gate SKR_USDT
MEXC SKR_USDT
Bitget SKRUSDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKR-USDT | +0.0100% | 4h | 0.02081 | 0.000% | $2K | $2.3M | 20x | as long as short |
| HTX SKR-USDT | +0.0100% | 4h | 0.02084 | +0.168% | $14K | $36K | 20x | as long as short |
| Backpack SKR_USDC_PERP | +0.0165% | 1h | 0.02081 | +0.014% | $50K | $201K | 5x | as long as short |
| Phoenix SKR | +0.0743% | 1h | 0.02091 | +0.495% | $4K | $10K | 3x | as long as short |
SunX SKR-USDT
HTX SKR-USDT
Backpack SKR_USDC_PERP
Phoenix SKR