Funding you earn now, next payment 08:00 UTC−0.0220%/8h= −24.1% APRnext payment −$1.10 per $10,000 · paid last 24h +0.038%
Price spread now: BingX against KuCoin+0.020%7-day average +0.106% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,274as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,281as in the Price arb table
costs, in and out, $10k−$1,27312.726% of the position
Funding, last 7 days−0.009%−$1 on $10k
+Price spread, last 7 days+0.087%+$9 · spread now +0.020%, 7d avg +0.106%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BingX is 0.086% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.106%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.10 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 | KuCoin SKYAIUSDTM | 0.04980 | 0.0320 | pay 0.0160% / 4h | 1h 31m | $1.8M | $166K | 10x |
| Short | BingX SKYAI-USDT | 0.04981 | 0.0100 | get 0.0050% / 4h | 1h 31m | — | $6.6M | — |
KuCoin SKYAIUSDTM
BingX SKYAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- −$46.2
- Price spread: +0.020% → +0.106%
- −$8.63
- Slippage, 4 orders
- −$1,250.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,327.47
- Costs to cover
- 12.726%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 10 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 KuCoin live order book, 4 min ago | 10.03 bp | 728.5 bp −$728 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 10.01 bp | 37.1 bp −$37 | 117.6 bp −$1,176 | 826.8 bp −$82.7K | 1210.1 bp −$605.0K |
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 | 0.04985 | +0.100% | $2.3M | $226K | 5x | as long as short |
| Binance SKYAIUSDT | +0.0100% | 4h | 0.04985 | +0.100% | $7.0M | $3.1M | 10x | as long as short |
| Gate SKYAI_USDT | +0.0100% | 4h | 0.04982 | +0.040% | $2.7M | $162K | 25x | as long as short |
| MEXC SKYAI_USDT | +0.0100% | 4h | 0.04985 | +0.100% | $5.7M | $1.2M | 100x | as long as short |
| Bitget SKYAIUSDT | +0.0100% | 4h | 0.04976 | −0.080% | $3.2M | $268K | 10x | as long as short |
| BingX SKYAI-USDTshort | +0.0100% | 4h | 0.04981 | +0.020% | — | $6.6M | — | |
| SunX SKYAI-USDT | +0.0100% | 4h | 0.04981 | +0.020% | $2K | $1.0M | 20x | as long as short |
| HTX SKYAI-USDT | +0.0100% | 4h | 0.04972 | −0.161% | $49K | $299K | 20x | as long as short |
| KuCoin SKYAIUSDTMlong | +0.0320% | 4h | 0.04980 | long leg | $1.8M | $166K | 10x |
Aster SKYAIUSDT
Binance SKYAIUSDT
Gate SKYAI_USDT
MEXC SKYAI_USDT
Bitget SKYAIUSDT
SunX SKYAI-USDT
HTX SKYAI-USDT