Funding you earn now, next payment 00:00 UTC−0.0224%/8h= −24.5% APRnext payment −$1.12 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against KuCoin+0.079%7-day average +0.199% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,330as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,333as in the Price arb table
costs, in and out, $10k−$1,32113.212% of the position
Funding, last 7 days−0.089%−$9 on $10k
+Price spread, last 7 days+0.216%+$22 · spread now +0.079%, 7d avg +0.199%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.120% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.199%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.089% in total (about -4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.12 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 | 0.05070 | 0.0324 | pay 0.0162% / 4h | 41m 38s | $1.8M | $222K | 10x |
| Short | Binance SKYAIUSDT | 0.05074 | 0.0100 | get 0.0050% / 4h | 41m 38s | $7.1M | $3.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$47.04
- Price spread: +0.079% → +0.199%
- −$11.96
- Slippage, 4 orders
- −$1,299.15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1,380.16
- Costs to cover
- 13.212%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Binance: live order book, 12 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 | 4.92 bp | 718.1 bp −$718 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.98 bp | 32.1 bp −$32 | 151.8 bp −$1,518 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance SKYAIUSDTshort | +0.0100% | 4h | 0.05074 | +0.079% | $7.1M | $3.5M | 10x | |
| Gate SKYAI_USDT | +0.0100% | 4h | 0.05068 | −0.039% | $2.7M | $183K | 25x | as long as short |
| MEXC SKYAI_USDT | +0.0100% | 4h | 0.05072 | +0.039% | $5.9M | $1.2M | 100x | as long as short |
| Bitget SKYAIUSDT | +0.0100% | 4h | 0.05069 | −0.020% | $3.2M | $299K | 10x | as long as short |
| SunX SKYAI-USDT | +0.0100% | 4h | 0.05074 | +0.079% | $1K | $1.1M | 20x | as long as short |
| HTX SKYAI-USDT | +0.0100% | 4h | 0.05063 | −0.138% | $50K | $332K | 20x | as long as short |
| Aster SKYAIUSDT | +0.0116% | 4h | 0.05074 | +0.080% | $2.3M | $228K | 5x | as long as short |
| KuCoin SKYAIUSDTMlong | +0.0324% | 4h | 0.05070 | long leg | $1.8M | $222K | 10x | |
| BingX SKYAI-USDT | +0.0468% | 4h | 0.05072 | +0.039% | — | $6.6M | — | as long as short |
KuCoin SKYAIUSDTM
Binance SKYAIUSDT
Gate SKYAI_USDT
MEXC SKYAI_USDT
Bitget SKYAIUSDT
SunX SKYAI-USDT
HTX SKYAI-USDT
Aster SKYAIUSDT
BingX SKYAI-USDT