Funding you earn now, next payment 09:00 UTC+0.5017%/8h= +549.4% APRpaid last 24h −0.216%
Price spread now: Kraken Futures against Binance+0.662%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$151 a day on $10k at the current rate, and Kraken Futures is 0.662% dearer against Binance than usual: you sell high and buy low: +$66 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKLUSDT | 0.004537 | 0.0100 | pay 0.0050% / 4h | 3h 47m | $2.6M | $8.1M | 50x |
| Short | Kraken Futures PF_SKLUSD | 0.004567 | 0.5117 | get 0.0640% / 1h | 47m 00s | $4K | $5K | 10x |
Binance SKLUSDT
Kraken Futures PF_SKLUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Binance. 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
- $1,053.63
- Price spread: +0.662% → 0.000%
- $66.2
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $1,099.83
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Binance: live order book, 7 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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 Binance live order book, 7 min ago | 2.21 bp | 29.9 bp −$30 | 94.2 bp −$942 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SKL on 10 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 SKLUSDTlong | +0.0100% | 4h | 0.004537 | long leg | $2.6M | $8.1M | 50x | |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004540 | +0.066% | $839K | $940K | 25x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004540 | +0.066% | $162K | $229K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004539 | +0.044% | $349K | $187K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004544 | +0.154% | $776K | $279K | 30x | as long as short |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004540 | +0.066% | $471K | $793K | 25x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004540 | +0.066% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004521 | −0.347% | $787 | $1K | — | as long as short |
| BloFin SKL-USDT | +0.0115% | 4h | 0.004543 | +0.132% | $168K | $22K | 50x | as long as short |
| Kraken Futures PF_SKLUSDshort | +0.5117% | 1h | 0.004567 | +0.662% | $4K | $5K | 10x |
Bybit SKLUSDT
Gate SKL_USDT
MEXC SKL_USDT
KuCoin SKLUSDTM
Bitget SKLUSDT
BingX SKL-USDT
Variational Omni SKL
BloFin SKL-USDT