Funding you earn now, next payment 08:00 UTC−0.0248%/8h= −27.2% APRnext payment −$1.24 per $10,000 · paid last 24h −0.004%
Price spread now: Gate against KuCoin+0.100%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,336as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,317as in the Price arb table
costs, in and out, $10k−$1,32213.220% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 7 days−0.074%−$7 · spread now +0.100%, 7d avg +0.047%
=The price spread pays, funding is against you. Gate is 0.053% dearer against KuCoin than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of +0.047%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.138% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.138% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.24 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 | 0.04997 | 0.0348 | pay 0.0174% / 4h | 2h 06m | $1.8M | $164K | 10x |
| Short | Gate SKYAI_USDT | 0.05002 | 0.0100 | get 0.0050% / 4h | 2h 06m | $2.7M | $156K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$52.08
- Price spread: +0.100% → +0.047%
- $5.32
- Slippage, 4 orders
- −$1,295.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,368.78
- Costs to cover
- 13.220%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; Gate: live order book, 1 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 | 8.99 bp | 687.6 bp −$688 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 9.99 bp | 67.8 bp −$68 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SKYAIUSDT | +0.0100% | 4h | 0.05006 | +0.180% | $2.3M | $226K | 5x | as long as short |
| Binance SKYAIUSDT | +0.0100% | 4h | 0.05000 | +0.060% | $7.0M | $3.1M | 10x | as long as short |
| Gate SKYAI_USDTshort | +0.0100% | 4h | 0.05002 | +0.100% | $2.7M | $156K | 25x | |
| MEXC SKYAI_USDT | +0.0100% | 4h | 0.05001 | +0.080% | $5.7M | $1.2M | 100x | as long as short |
| Bitget SKYAIUSDT | +0.0100% | 4h | 0.04996 | −0.020% | $3.2M | $236K | 10x | as long as short |
| BingX SKYAI-USDT | +0.0100% | 4h | 0.05002 | +0.100% | — | $6.6M | — | as long as short |
| SunX SKYAI-USDT | +0.0100% | 4h | 0.05010 | +0.260% | $2K | $1.0M | 20x | as long as short |
| HTX SKYAI-USDT | +0.0100% | 4h | 0.04997 | 0.000% | $50K | $299K | 20x | as long as short |
| KuCoin SKYAIUSDTMlong | +0.0348% | 4h | 0.04997 | long leg | $1.8M | $164K | 10x |
KuCoin SKYAIUSDTM
Gate SKYAI_USDT
Aster SKYAIUSDT
Binance SKYAIUSDT
MEXC SKYAI_USDT
Bitget SKYAIUSDT
BingX SKYAI-USDT
SunX SKYAI-USDT
HTX SKYAI-USDT