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: BingX against Gate+0.040%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2062.064% of the position
Funding, last 7 days+0.115%+$12 on $10k
+Price spread, last 7 days+0.108%+$11 · spread now +0.040%, 7d avg +0.068%
=Funding pays, the price is against you. BingX is 0.028% cheaper against Gate than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.068%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.115% in total) that is about 41 hours.
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 +$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 | Gate SKYAI_USDT | 0.05013 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $2.7M | $193K | 25x |
| Short | BingX SKYAI-USDT | 0.05015 | 0.0848 | get 0.0424% / 4h | 2h 38m | — | $6.6M | — |
Gate SKYAI_USDT
BingX SKYAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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% → +0.068%
- −$2.83
- Slippage, 4 orders
- −$181.4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$52.14
- Costs to cover
- 2.064%
- Break-even
- 9.3 days
Slippage from Gate: live order book, 4 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 Gate live order book, 4 min ago | 2.00 bp | 64.0 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 6.99 bp | 35.4 bp −$35 | 98.0 bp −$980 | 817.4 bp −$81.7K | 1231.9 bp −$615.9K |
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 | +0.060% | $2.3M | $228K | 5x | as long as short |
| Binance SKYAIUSDT | +0.0100% | 4h | 0.05015 | +0.037% | $7.0M | $3.5M | 10x | as long as short |
| Gate SKYAI_USDTlong | +0.0100% | 4h | 0.05013 | long leg | $2.7M | $193K | 25x | |
| MEXC SKYAI_USDT | +0.0100% | 4h | 0.05014 | +0.020% | $5.9M | $1.2M | 100x | as long as short |
| KuCoin SKYAIUSDTM | +0.0100% | 4h | 0.05005 | −0.160% | $1.8M | $227K | 10x | as long as short |
| Bitget SKYAIUSDT | +0.0100% | 4h | 0.05009 | −0.080% | $3.2M | $295K | 10x | as long as short |
| SunX SKYAI-USDT | +0.0100% | 4h | 0.05019 | +0.120% | $2K | $1.0M | 20x | as long as short |
| HTX SKYAI-USDT | +0.0100% | 4h | 0.05000 | −0.259% | $50K | $329K | 20x | as long as short |
| BingX SKYAI-USDTshort | +0.0848% | 4h | 0.05015 | +0.040% | — | $6.6M | — |
Aster SKYAIUSDT
Binance SKYAIUSDT
MEXC SKYAI_USDT
KuCoin SKYAIUSDTM
Bitget SKYAIUSDT
SunX SKYAI-USDT
HTX SKYAI-USDT