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

SKL

all SKL markets
SwapBacktest
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 +0.002%
Price spread now: Binance against BingX−0.075%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$250as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1211.209% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.292%−$129 on $10k
Price spread, last 7 days+0.029%+$3 · spread now −0.075%, 7d avg −0.044%
Together, before fees−1.262%−$126 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: Binance is 0.030% cheaper against BingX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.044%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SKL-USDT0.0046590.0100pay 0.0050% / 4h1h 42m$2.3M
ShortBinance SKLUSDT0.0046560.0100get 0.0050% / 4h1h 42m$2.8M$8.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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: −0.075% → −0.044%
−$3.05
Slippage, 4 orders
−$100.88
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$123.93
Costs to cover
1.209%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; Binance: live order book, 12 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 BingX live order book, 6 min ago7.55 bp27.3 bp −$2759.6 bp −$596557.6 bp −$55.8Kdoesn't fit
Sell Binance live order book, 12 min ago1.08 bp31.7 bp −$3275.7 bp −$757doesn't fitdoesn't fit

SKL 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
BloFin SKL-USDT+0.0084%4h0.004624−0.751%$184K$43K50xas long as short
Binance SKLUSDTshort+0.0100%4h0.004656−0.075%$2.8M$8.9M50x
Bybit SKLUSDT+0.0100%8h0.0046590.000%$915K$1.0M25xas long as short
Gate SKL_USDT+0.0100%4h0.004650−0.193%$193K$240K50xas long as short
MEXC SKL_USDT+0.0100%4h0.004656−0.064%$405K$201K20xas long as short
KuCoin SKLUSDTM+0.0100%4h0.004657−0.043%$835K$325K30xas long as short
Bitget SKLUSDT+0.0100%4h0.004656−0.064%$504K$900K25xas long as short
BingX SKL-USDTlong+0.0100%4h0.004659long leg$2.3M
Variational Omni SKL+0.0100%8h0.004625−0.736%$711$1Kas long as short
Kraken Futures PF_SKLUSD+0.1861%1h0.004667+0.164%$5K$5K10xas long as short