Settings8H · net · $10k
Funding arb · Price arb /

LSK

all LSK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0133%/8h= +14.6% APRnext payment +$0.17 per $10,000 · paid last 24h +0.201%
Price spread now: Kraken Futures against Bitget+0.537%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$517as in the Funding arb table
Net, price: spread back to 7d avg − costs−$143as in the Price arb table
costs, in and out, $10k−$1921.920% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−3.246%−$325 on $10k
Price spread, last 3 days (all we have)−1.170%−$117 · spread now +0.537%, 7d avg +0.043%
Together, before fees−4.416%−$442 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Kraken Futures is 0.494% dearer against Bitget than usual: you sell high and buy low: +$49 more if the spread goes back to its 7-day average of +0.043%. Mind the row above: over the last 7 days funding on this pair cost −3.246%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget LSKUSDT0.36530.0104pay 0.0013% / 1h53m 05s$2.6M$8.9M50x
ShortKraken Futures PF_LSKUSD0.36730.0237get 0.0030% / 1h53m 05s$113K$178K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$27.94
Price spread: +0.537% → +0.043%
$49.45
Slippage, 4 orders
−$170
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$114.61
Costs to cover
1.920%
Break-even
35.7 days
Slippage from Bitget: live order book, just now; Kraken Futures: live order book, 29 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, just now2.74 bp18.7 bp −$19102.4 bp −$1,024doesn't fitdoesn't fit
Sell Kraken Futures live order book, 29 min ago66.06 bp82.1 bp −$82doesn't fitdoesn't fitdoesn't fit

LSK on 10 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster LSKUSDT−0.0534%1h0.3651−0.050%$62K$120K5xas long as short
Binance LSKUSDT−0.0236%1h0.3653−0.008%$15.2M$95.5M50xas long as short
MEXC LSK_USDT−0.0216%1h0.3652−0.016%$8.1M$2.5M20xas long as short
Gate LSK_USDT+0.0096%1h0.3659+0.164%$1.5M$2.7M20xas long as short
Variational Omni LSK+0.0100%1h0.3661+0.228%$28K$235Kas long as short
Bybit LSKUSDT+0.0100%1h0.3656+0.096%$9.9M$20.2M25xas long as short
HTX LSK-USDT+0.0100%1h0.3650−0.082%$61K$305K20xas long as short
Bitget LSKUSDTlong+0.0104%1h0.3653long leg$2.6M$8.9M50x
BingX LSK-USDT+0.0104%1h0.3656+0.093%$3.0Mas long as short
Kraken Futures PF_LSKUSDshort+0.0237%1h0.3673+0.537%$113K$178K10x