Funding arb · Price arb /

SKYAI

all SKYAI markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.041%

Price spread now: BingX against SunX+0.020%7-day average −0.082% · you sell dearer than you buy

Net, funding: paid 7d − costs−$321as in the Funding arb table

Net, price: spread back to 7d avg − costs−$324as in the Price arb table

costs, in and out, $10k−$3343.339% of the position

Long on SunX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.130%+$13 on $10k

Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.020%, 7d avg −0.082%

Together, before fees+0.023%+$2 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: BingX is 0.102% dearer against SunX than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.082%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SKYAI-USDT	0.04991	0.0100	pay 0.0050% / 4h	1h 38m	$2K	$1.0M	20x
Short	BingX SKYAI-USDT	0.04992	0.0100	get 0.0050% / 4h	1h 38m	—	$6.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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 SunXbpFee BingXbpOrdersPrice spread, now +0.020%Rate

Funding earned: $0
Price spread: +0.020% → −0.082%: $10.17
Slippage, 4 orders: −$315.93
Fee SunX: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$323.76
Costs to cover: 3.339%
Break-even: never at this rate

Slippage from SunX: 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 SunX live order book, 4 min ago	48.16 bp	120.7 bp −$121	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 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	0.04994	+0.070%	$2.3M	$226K	5x	as long as short
Binance SKYAIUSDT	+0.0100%	4h	0.04991	+0.008%	$7.0M	$3.1M	10x	as long as short
Gate SKYAI_USDT	+0.0100%	4h	0.04988	−0.060%	$2.7M	$162K	25x	as long as short
MEXC SKYAI_USDT	+0.0100%	4h	0.04992	+0.020%	$5.7M	$1.2M	100x	as long as short
Bitget SKYAIUSDT	+0.0100%	4h	0.04987	−0.080%	$3.2M	$262K	10x	as long as short
BingX SKYAI-USDTshort	+0.0100%	4h	0.04992	+0.020%	—	$6.6M	—
SunX SKYAI-USDTlong	+0.0100%	4h	0.04991	long leg	$2K	$1.0M	20x
HTX SKYAI-USDT	+0.0100%	4h	0.04979	−0.240%	$49K	$299K	20x	as long as short
KuCoin SKYAIUSDTM	+0.0306%	4h	0.04988	−0.060%	$1.8M	$166K	10x	as long as short