Funding you earn now, next payment 00:00 UTC+0.0456%/8h= +49.9% APRnext payment +$2.28 per $10,000 · paid last 24h +0.027%
Price spread now: BingX against Bitget−0.079%7-day average +0.180% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$175as in the Price arb table
costs, in and out, $10k−$1491.488% of the position
Funding, last 7 days+0.115%+$12 on $10k
+Price spread, last 7 days+0.237%+$24 · spread now −0.079%, 7d avg +0.180%
=Funding pays, the price is against you. BingX is 0.259% cheaper against Bitget than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of +0.180%). If the spread goes back, that is −$26 on $10k: about 45 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.115% in total) that is about 16 days.
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 +$2.28 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 | Bitget SKYAIUSDT | 0.05058 | 0.0100 | pay 0.0050% / 4h | 1h 50m | $3.2M | $294K | 10x |
| Short | BingX SKYAI-USDT | 0.05054 | 0.0556 | get 0.0278% / 4h | 1h 50m | — | $6.6M | — |
Bitget SKYAIUSDT
BingX SKYAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $95.76
- Price spread: −0.079% → +0.180%
- −$25.89
- Slippage, 4 orders
- −$126.83
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$78.96
- Costs to cover
- 1.488%
- Break-even
- 12.8 days
Slippage from Bitget: live order book, 2 min ago; BingX: 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 Bitget live order book, 2 min ago | 5.93 bp | 35.5 bp −$36 | 216.4 bp −$2,164 | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 6.95 bp | 36.5 bp −$36 | 106.7 bp −$1,067 | 946.1 bp −$94.6K | 1320.7 bp −$660.3K |
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 | 0.05063 | +0.095% | $2.3M | $229K | 5x | as long as short |
| Binance SKYAIUSDT | +0.0100% | 4h | 0.05061 | +0.068% | $7.1M | $3.5M | 10x | as long as short |
| Gate SKYAI_USDT | +0.0100% | 4h | 0.05054 | −0.079% | $2.7M | $191K | 25x | as long as short |
| MEXC SKYAI_USDT | +0.0100% | 4h | 0.05060 | +0.040% | $5.9M | $1.2M | 100x | as long as short |
| Bitget SKYAIUSDTlong | +0.0100% | 4h | 0.05058 | long leg | $3.2M | $294K | 10x | |
| SunX SKYAI-USDT | +0.0100% | 4h | 0.05061 | +0.059% | $1K | $1.1M | 20x | as long as short |
| HTX SKYAI-USDT | +0.0100% | 4h | 0.05040 | −0.356% | $50K | $329K | 20x | as long as short |
| KuCoin SKYAIUSDTM | +0.0190% | 4h | 0.05052 | −0.119% | $1.8M | $221K | 10x | as long as short |
| BingX SKYAI-USDTshort | +0.0556% | 4h | 0.05054 | −0.079% | — | $6.6M | — |
Aster SKYAIUSDT
Binance SKYAIUSDT
Gate SKYAI_USDT
MEXC SKYAI_USDT
SunX SKYAI-USDT
HTX SKYAI-USDT
KuCoin SKYAIUSDTM