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: KuCoin against Binance−0.084%7-day average −0.103% · you buy dearer than you sell
Net, funding: paid 7d − costs−$868as in the Funding arb table
Net, price: spread back to 7d avg − costs−$866as in the Price arb table
costs, in and out, $10k−$8688.679% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.383%−$38 · spread now −0.084%, 7d avg −0.103%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKYUSDT | 0.07173 | 0.0100 | pay 0.0050% / 4h | 1h 47m | $16.5M | $9.5M | 75x |
| Short | KuCoin SKYUSDTM | 0.07167 | 0.0100 | get 0.0050% / 4h | 1h 47m | $439K | $279K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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: −0.084% → −0.103%
- $1.88
- Slippage, 4 orders
- −$845.94
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$866.06
- Costs to cover
- 8.679%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; KuCoin: live order book, 24 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 Binance live order book, 8 min ago | 0.69 bp | 16.5 bp −$16 | 62.8 bp −$628 | 350.0 bp −$35.0K | doesn't fit |
| Sell KuCoin live order book, 24 min ago | 37.53 bp | 580.7 bp −$581 | 732.7 bp −$7,327 | doesn't fit | doesn't fit |
SKY on 18 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 | −0.0493% | 4h | 0.07181 | +0.117% | $198K | $104K | — | as long as short |
| Bybit SKYUSDT | −0.0122% | 4h | 0.07162 | −0.153% | $7.8M | $3.3M | 25x | as long as short |
| Injective SKY/USDC PERP | +0.0014% | 1h | 0.07197 | +0.335% | $393 | $260K | 12x | as long as short |
| Nado SKY-PERP | +0.0035% | 1h | 0.07171 | −0.028% | $71K | $25K | 5x | as long as short |
| BloFin SKY-USDT | +0.0043% | 4h | 0.07192 | +0.265% | $606K | $321K | 75x | as long as short |
| Lighter SKY | +0.0096% | 1h | 0.07174 | +0.017% | $188K | $163K | 10x | as long as short |
| Aster SKYUSDT | +0.0100% | 4h | 0.07177 | +0.063% | $43K | $36K | 20x | as long as short |
| Binance SKYUSDTlong | +0.0100% | 4h | 0.07173 | long leg | $16.5M | $9.5M | 75x | |
| OKX SKY-USDT-SWAP | +0.0100% | 4h | 0.07167 | −0.084% | $860K | $1.3M | 20x | as long as short |
| Gate SKY_USDT | +0.0100% | 4h | 0.07175 | +0.028% | $616K | $252K | 50x | as long as short |
Show all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC SKY_USDT | +0.0100% | 4h | 0.07176 | +0.042% | $1.1M | $280K | 100x | as long as short |
| KuCoin SKYUSDTMshort | +0.0100% | 4h | 0.07167 | −0.084% | $439K | $279K | 50x | |
| Bitget SKYUSDT | +0.0100% | 4h | 0.07177 | +0.056% | $3.0M | $2.0M | 75x | as long as short |
| BingX SKY-USDT | +0.0100% | 4h | 0.07171 | −0.028% | — | $2.4M | — | as long as short |
| ApeX Omni SKYUSDT | +0.0100% | 1h | 0.07197 | +0.335% | $20K | $687K | 50x | as long as short |
| Orderly PERP_SKY_USDC_mythos | +0.0100% | 4h | 0.07174 | +0.017% | $696 | $2K | 10x | as long as short |
| Hyperliquid SKY | +0.0377% | 1h | 0.07184 | +0.148% | $3.0M | $906K | 3x | as long as short |
| GMX SKY/USD [ETH-USDC] | L +0.0533% / S −0.0248% | 1h | 0.07176 | +0.046% | $85K | — | 50x | as long as short |
Binance SKYUSDT
KuCoin SKYUSDTM
Variational Omni SKY
Bybit SKYUSDT
Injective SKY/USDC PERP
BloFin SKY-USDT
Lighter SKY
Aster SKYUSDT
OKX SKY-USDT-SWAP
Gate SKY_USDT
MEXC SKY_USDT
Bitget SKYUSDT
BingX SKY-USDT
ApeX Omni SKYUSDT
Hyperliquid SKY
GMX SKY/USD [ETH-USDC]