Funding you earn now, next payment 00:00 UTC−0.0748%/8h= −81.9% APRnext payment −$3.74 per $10,000 · paid last 24h −0.027%
Price spread now: Binance against BingX+0.040%7-day average +0.087% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$122as in the Price arb table
costs, in and out, $10k−$1171.171% of the position
Funding, last 7 days−0.070%−$7 on $10k
+Price spread, last 7 days+0.079%+$8 · spread now +0.040%, 7d avg +0.087%
=Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Binance is 0.047% cheaper against BingX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.087%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.070% in total (about -3.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.74 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 | BingX SKYAI-USDT | 0.05023 | 0.0848 | pay 0.0424% / 4h | 2h 38m | — | $6.6M | — |
| Short | Binance SKYAIUSDT | 0.05025 | 0.0100 | get 0.0050% / 4h | 2h 38m | $7.0M | $3.5M | 10x |
BingX SKYAI-USDT
Binance SKYAIUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$157.08
- Price spread: +0.040% → +0.087%
- −$4.69
- Slippage, 4 orders
- −$97.1
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$278.87
- Costs to cover
- 1.171%
- Break-even
- never at this rate
Slippage from BingX: live order book, 4 min ago; Binance: live order book, 16 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 BingX live order book, 4 min ago | 6.99 bp | 27.6 bp −$28 | 91.1 bp −$911 | 949.5 bp −$94.9K | 1401.8 bp −$700.9K |
| Sell Binance live order book, 16 min ago | 2.00 bp | 27.5 bp −$28 | 131.5 bp −$1,315 | doesn't fit | doesn't fit |
SKYAI 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SKYAIUSDT | +0.0100% | 4h | 0.05016 | −0.139% | $2.3M | $228K | 5x | as long as short |
| Binance SKYAIUSDTshort | +0.0100% | 4h | 0.05025 | +0.040% | $7.0M | $3.5M | 10x | |
| Gate SKYAI_USDT | +0.0100% | 4h | 0.05019 | −0.080% | $2.7M | $193K | 25x | as long as short |
| MEXC SKYAI_USDT | +0.0100% | 4h | 0.05021 | −0.040% | $5.9M | $1.2M | 100x | as long as short |
| KuCoin SKYAIUSDTM | +0.0100% | 4h | 0.05012 | −0.219% | $1.8M | $227K | 10x | as long as short |
| Bitget SKYAIUSDT | +0.0100% | 4h | 0.05015 | −0.159% | $3.2M | $295K | 10x | as long as short |
| SunX SKYAI-USDT | +0.0100% | 4h | 0.05017 | −0.119% | $1K | $1.0M | 20x | as long as short |
| HTX SKYAI-USDT | +0.0100% | 4h | 0.05006 | −0.338% | $50K | $329K | 20x | as long as short |
| BingX SKYAI-USDTlong | +0.0848% | 4h | 0.05023 | long leg | — | $6.6M | — |
Aster SKYAIUSDT
Gate SKYAI_USDT
MEXC SKYAI_USDT
KuCoin SKYAIUSDTM
Bitget SKYAIUSDT
SunX SKYAI-USDT
HTX SKYAI-USDT