Settings8H · net · $10k
Funding arb · Price arb /

SKYAI

all SKYAI markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0432%/8h= −47.3% APRnext payment $2.16 per $10,000 · paid last 24h −0.027%
Price spread now: Bitget against BingX−0.316%7-day average −0.179% · you buy dearer than you sell
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs−$164as in the Price arb table
costs, in and out, $10k−$1501.504% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.115%−$12 on $10k
Price spread, last 7 days+0.209%+$21 · spread now −0.316%, 7d avg −0.179%
Together, before fees+0.094%+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Bitget is 0.137% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.179%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.115% in total (about -6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.16 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SKYAI-USDT0.050660.0532pay 0.0266% / 4h1h 55m$6.6M
ShortBitget SKYAIUSDT0.050500.0100get 0.0050% / 4h1h 55m$3.2M$294K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$90.72
Price spread: −0.316% → −0.179%
−$13.7
Slippage, 4 orders
−$128.38
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$254.79
Costs to cover
1.504%
Break-even
never at this rate
Slippage from BingX: live order book, 11 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 11 min ago6.95 bp39.7 bp −$40101.9 bp −$1,019938.6 bp −$93.9Kdoesn't fit
Sell Bitget live order book, 2 min ago7.95 bp38.1 bp −$38144.7 bp −$1,447doesn't fitdoesn't fit

SKYAI on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SKYAIUSDT+0.0100%4h0.05068+0.030%$2.3M$229K5xas long as short
Binance SKYAIUSDT+0.0100%4h0.05063−0.059%$7.1M$3.5M10xas long as short
Gate SKYAI_USDT+0.0100%4h0.05054−0.237%$2.7M$191K25xas long as short
MEXC SKYAI_USDT+0.0100%4h0.05067+0.020%$5.9M$1.2M100xas long as short
KuCoin SKYAIUSDTM+0.0100%4h0.05053−0.257%$1.8M$220K10xas long as short
Bitget SKYAIUSDTshort+0.0100%4h0.05050−0.316%$3.2M$294K10x
SunX SKYAI-USDT+0.0100%4h0.05053−0.257%$2K$1.1M20xas long as short
HTX SKYAI-USDT+0.0100%4h0.05065−0.020%$50K$329K20xas long as short
BingX SKYAI-USDTlong+0.0532%4h0.05066long leg$6.6M