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 −0.026%
Price spread now: Bitget against BingX−0.066%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$235as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1281.278% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.077%−$108 on $10k
Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.066%, 7d avg −0.020%
Together, before fees−1.016%−$102 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: Bitget is 0.045% cheaper against BingX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SKL-USDT0.0045750.0100pay 0.0050% / 4h2h 31m$2.3M
ShortBitget SKLUSDT0.0045720.0100get 0.0050% / 4h2h 31m$500K$955K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.066% → −0.020%
−$4.54
Slippage, 4 orders
−$105.78
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$132.32
Costs to cover
1.278%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Bitget: live order book, 5 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, 8 min ago7.67 bp27.0 bp −$2759.2 bp −$592619.8 bp −$62.0Kdoesn't fit
Sell Bitget live order book, 5 min ago8.74 bp29.4 bp −$29131.6 bp −$1,316doesn'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 SKLUSDT+0.0100%4h0.004580+0.113%$2.8M$9.1M50xas long as short
Bybit SKLUSDT+0.0100%8h0.004579+0.087%$898K$1.0M25xas long as short
Gate SKL_USDT+0.0100%4h0.004570−0.109%$194K$245K50xas long as short
MEXC SKL_USDT+0.0100%4h0.004579+0.087%$399K$207K20xas long as short
KuCoin SKLUSDTM+0.0100%4h0.004574−0.022%$821K$349K30xas long as short
Bitget SKLUSDTshort+0.0100%4h0.004572−0.066%$500K$955K25x
BingX SKL-USDTlong+0.0100%4h0.004575long leg$2.3M
Variational Omni SKL+0.0100%8h0.004586+0.236%$703$1Kas long as short
Kraken Futures PF_SKLUSD+0.0597%1h0.004586+0.239%$5K$5K10xas long as short