Funding you earn now, next payment 08:00 UTC−0.0226%/8h= −24.7% APRnext payment −$1.13 per $10,000 · paid last 24h −0.004%
Price spread now: HTX against KuCoin−0.181%51s7-day average +0.193% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3,262as 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−$3,25232.522% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)+0.365%+$37 · spread now −0.181%, 7d avg +0.193%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and HTX is 0.374% cheaper against KuCoin than usual: you would sell low and buy high (−$37 if the spread goes back to its 7-day average of +0.193%). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.099% in total (about -5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.13 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 | 0.04982 | 0.0326 | pay 0.0163% / 4h | 1h 28m | $1.8M | $166K | 10x |
| Short | HTX SKYAI-USDT | 0.04973 | 0.0100 | get 0.0050% / 4h | 1h 28m | $49K | $299K | 20x |
KuCoin SKYAIUSDTM
HTX SKYAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$47.46
- Price spread: −0.181% → +0.193%
- −$37.39
- Slippage, 4 orders
- −$3,228.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$3,337.02
- Costs to cover
- 32.522%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; HTX: live order book, 14 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, 8 min ago | 10.03 bp | 728.5 bp −$728 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 14 min ago | 39.27 bp | 57.4 bp −$57 | 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 | 0.04985 | +0.060% | $2.3M | $226K | 5x | as long as short |
| Binance SKYAIUSDT | +0.0100% | 4h | 0.04989 | +0.147% | $7.0M | $3.1M | 10x | as long as short |
| Gate SKYAI_USDT | +0.0100% | 4h | 0.04984 | +0.040% | $2.7M | $162K | 25x | as long as short |
| MEXC SKYAI_USDT | +0.0100% | 4h | 0.04989 | +0.141% | $5.7M | $1.2M | 100x | as long as short |
| Bitget SKYAIUSDT | +0.0100% | 4h | 0.04983 | +0.020% | $3.2M | $268K | 10x | as long as short |
| BingX SKYAI-USDT | +0.0100% | 4h | 0.04986 | +0.080% | — | $6.6M | — | as long as short |
| SunX SKYAI-USDT | +0.0100% | 4h | 0.04991 | +0.181% | $2K | $1.0M | 20x | as long as short |
| HTX SKYAI-USDTshort | +0.0100% | 4h | 0.04973 | −0.181% | $49K | $299K | 20x | |
| KuCoin SKYAIUSDTMlong | +0.0326% | 4h | 0.04982 | long leg | $1.8M | $166K | 10x |
Aster SKYAIUSDT
Binance SKYAIUSDT
Gate SKYAI_USDT
MEXC SKYAI_USDT
Bitget SKYAIUSDT
BingX SKYAI-USDT
SunX SKYAI-USDT