Funding arb · Price arb /

SKYAI

all SKYAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Gate+0.020%53s7-day average +0.136% · you sell dearer than you buy

Net, funding: paid 7d − costs−$371as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3703.705% of the position

Long on Gate Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.196%+$20 · spread now +0.020%, 7d avg +0.136%

Together, before fees+0.196%+$20 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.117% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.136%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SKYAI_USDT	0.05043	0.0100	pay 0.0050% / 4h	2h 32m	$2.7M	$193K	25x
Short	SunX SKYAI-USDT	0.05044	0.0100	get 0.0050% / 4h	2h 32m	$1K	$1.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee SunXbpOrdersPrice spread, now +0.020%Rate

Funding earned: $0
Price spread: +0.020% → +0.136%: −$11.65
Slippage, 4 orders: −$347.49
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$382.14
Costs to cover: 3.705%
Break-even: never at this rate

Slippage from Gate: live order book, 6 min ago; SunX: live order book, just now.

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, 6 min ago	10.93 bp	72.1 bp −$72	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, just now	47.53 bp	100.1 bp −$100	doesn't fit	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	0.05051	+0.156%	$2.3M	$228K	5x	as long as short
Binance SKYAIUSDT	+0.0100%	4h	0.05052	+0.180%	$7.1M	$3.5M	10x	as long as short
Gate SKYAI_USDTlong	+0.0100%	4h	0.05043	long leg	$2.7M	$193K	25x
MEXC SKYAI_USDT	+0.0100%	4h	0.05051	+0.159%	$5.9M	$1.2M	100x	as long as short
KuCoin SKYAIUSDTM	+0.0100%	4h	0.05040	−0.059%	$1.8M	$225K	10x	as long as short
Bitget SKYAIUSDT	+0.0100%	4h	0.05041	−0.040%	$3.2M	$295K	10x	as long as short
SunX SKYAI-USDTshort	+0.0100%	4h	0.05044	+0.020%	$1K	$1.0M	20x
HTX SKYAI-USDT	+0.0100%	4h	0.05029	−0.278%	$50K	$329K	20x	as long as short
BingX SKYAI-USDT	+0.0958%	4h	0.05049	+0.119%	—	$6.6M	—	as long as short