Funding you earn now, next payment 04:00 UTC−0.0210%/8h= −23.0% APRnext payment −$1.05 per $10,000 · paid last 24h +0.041%
Price spread now: BingX against KuCoin−0.179%7-day average +0.110% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,280as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,308as in the Price arb table
costs, in and out, $10k−$1,27912.790% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 7 days+0.292%+$29 · spread now −0.179%, 7d avg +0.110%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BingX is 0.289% cheaper against KuCoin than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of +0.110%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.006% in total (about -0.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.05 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 | 0.05024 | 0.0310 | pay 0.0155% / 4h | 1h 28m | $1.8M | $186K | 10x |
| Short | BingX SKYAI-USDT | 0.05015 | 0.0100 | get 0.0050% / 4h | 1h 28m | — | $6.6M | — |
KuCoin SKYAIUSDTM
BingX SKYAI-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$44.1
- Price spread: −0.179% → +0.110%
- −$28.89
- Slippage, 4 orders
- −$1,257.01
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$1,352
- Costs to cover
- 12.790%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; BingX: live order book, 9 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 | 10.97 bp | 730.7 bp −$731 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 6.98 bp | 39.0 bp −$39 | 114.8 bp −$1,148 | 862.4 bp −$86.2K | 1171.2 bp −$585.6K |
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 | 0.05028 | +0.077% | $2.3M | $229K | 5x | as long as short |
| Binance SKYAIUSDT | +0.0100% | 4h | 0.05027 | +0.061% | $7.0M | $3.3M | 10x | as long as short |
| Gate SKYAI_USDT | +0.0100% | 4h | 0.05021 | −0.060% | $2.7M | $161K | 25x | as long as short |
| MEXC SKYAI_USDT | +0.0100% | 4h | 0.05025 | +0.020% | $5.7M | $1.2M | 100x | as long as short |
| Bitget SKYAIUSDT | +0.0100% | 4h | 0.05021 | −0.060% | $3.2M | $260K | 10x | as long as short |
| BingX SKYAI-USDTshort | +0.0100% | 4h | 0.05015 | −0.179% | — | $6.6M | — | |
| SunX SKYAI-USDT | +0.0100% | 4h | 0.05027 | +0.060% | $1K | $1.0M | 20x | as long as short |
| HTX SKYAI-USDT | +0.0100% | 4h | 0.05015 | −0.179% | $50K | $311K | 20x | as long as short |
| KuCoin SKYAIUSDTMlong | +0.0310% | 4h | 0.05024 | long leg | $1.8M | $186K | 10x |
Aster SKYAIUSDT
Binance SKYAIUSDT
Gate SKYAI_USDT
MEXC SKYAI_USDT
Bitget SKYAIUSDT
SunX SKYAI-USDT
HTX SKYAI-USDT