Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Gate+0.029%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$575as in the Funding arb table
Net, price: spread back to 7d avg − costs−$593as in the Price arb table
costs, in and out, $10k−$5925.919% of the position
Funding, last 7 days+0.173%+$17 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now +0.029%, 7d avg +0.040%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKY_USDT | 0.06953 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $597K | $283K | 50x |
| Short | KuCoin SKYUSDTM | 0.06955 | 0.0100 | get 0.0050% / 4h | 2h 19m | $414K | $295K | 50x |
Gate SKY_USDT
KuCoin SKYUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0
- Price spread: +0.029% → +0.040%
- −$1.1
- Slippage, 4 orders
- −$564.91
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$593.01
- Costs to cover
- 5.919%
- Break-even
- never at this rate
Slippage from Gate: live order book, 47 min ago; KuCoin: live order book, 17 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, 47 min ago | 4.27 bp | 84.4 bp −$84 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 17 min ago | 26.74 bp | 219.0 bp −$219 | 327.7 bp −$3,277 | doesn't fit | doesn't fit |
SKY on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKY | −0.0426% | 4h | 0.06940 | −0.184% | $185K | $126K | — | as long as short |
| Bybit SKYUSDT | −0.0022% | 4h | 0.06938 | −0.216% | $7.3M | $3.3M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0033% | 1h | 0.07172 | +3.150% | $392 | $303K | 12x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.06947 | −0.088% | $181K | $181K | 10x | as long as short |
| Nado SKY-PERP | +0.0100% | 1h | 0.06941 | −0.169% | $69K | $28K | 5x | as long as short |
| Hyperliquid SKY | +0.0100% | 1h | 0.06958 | +0.072% | $2.9M | $911K | 3x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.06951 | −0.028% | $42K | $44K | 20x | as long as short |
| Binance SKYUSDT | +0.0100% | 4h | 0.06948 | −0.068% | $15.9M | $11.0M | 75x | as long as short |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.06940 | −0.187% | $828K | $1.2M | 20x | as long as short |
| Gate SKY_USDTlong | +0.0100% | 4h | 0.06953 | long leg | $597K | $283K | 50x |
Variational Omni SKY
Bybit SKYUSDT
Injective SKY/USDC PERP
Lighter SKY
Nado SKY-PERP
Hyperliquid SKY
Aster SKYUSDT
Binance SKYUSDT
OKX SKY-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.06949 | −0.058% | $1.0M | $286K | 100x | as long as short |
| KuCoin SKYUSDTMshort | +0.0100% | 4h | 0.06955 | +0.029% | $414K | $295K | 50x | |
| Bitget SKYUSDT | +0.0100% | 4h | 0.06952 | −0.014% | $2.9M | $1.6M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.06946 | −0.101% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.06952 | −0.014% | $28K | $668K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.06948 | −0.070% | $1K | $3K | 10x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0524% / S −0.0248% | 1h | 0.06941 | −0.177% | $82K | — | 50x | as long as short |
MEXC SKY_USDT
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Orderly PERP_SKY_USDC_mythos
GMX SKY/USD [ETH-USDC]