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

SKL

all SKL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.126%
Price spread now: Gate against Binance−0.131%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$204as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$2042.036% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.131%, 7d avg −0.008%
Together, before fees+0.161%+$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.123% cheaper against Binance than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SKLUSDT0.0045860.0100pay 0.0050% / 4h2h 30m$2.8M$9.1M50x
ShortGate SKL_USDT0.0045800.0100get 0.0050% / 4h2h 30m$195K$245K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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
$0
Price spread: −0.131% → −0.008%
−$12.28
Slippage, 4 orders
−$178.6
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$215.88
Costs to cover
2.036%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; Gate: live order book, 31 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 Binance live order book, 9 min ago1.10 bp22.6 bp −$2377.5 bp −$775doesn't fitdoesn't fit
Sell Gate live order book, 31 min ago10.90 bp73.3 bp −$73doesn't fitdoesn't fitdoesn't fit

SKL on 9 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
Binance SKLUSDTlong+0.0100%4h0.004586long leg$2.8M$9.1M50x
Bybit SKLUSDT+0.0100%8h0.0045860.000%$900K$1.0M25xas long as short
Gate SKL_USDTshort+0.0100%4h0.004580−0.131%$195K$245K50x
MEXC SKL_USDT+0.0100%4h0.0045860.000%$399K$207K20xas long as short
KuCoin SKLUSDTM+0.0100%4h0.004582−0.087%$822K$349K30xas long as short
Bitget SKLUSDT+0.0100%4h0.004588+0.044%$502K$955K25xas long as short
BingX SKL-USDT+0.0100%4h0.004585−0.022%$2.3Mas long as short
Variational Omni SKL+0.0100%8h0.004585−0.015%$702$1Kas long as short
Kraken Futures PF_SKLUSD+0.0595%1h0.004597+0.231%$5K$5K10xas long as short