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 05:00 UTC+0.1999%/8h= +218.9% APRpaid last 24h −0.578%
Price spread now: Kraken Futures against Bitget+0.157%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$60 a day on $10k at the current rate, and Kraken Futures is 0.157% dearer against Bitget than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKLUSDT0.0045940.0100pay 0.0050% / 4h3h 31m$483K$814K25x
ShortKraken Futures PF_SKLUSD0.0046010.2099get 0.0262% / 1h31m 06s$5K$5K10x

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
$419.72
Price spread: +0.157% → 0.000%
$15.75
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$413.47
Costs to cover
0.220%
Break-even
0.1 days
Slippage unknown: Bitget: live order book, 55 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 55 min ago7.56 bp25.6 bp −$2678.6 bp −$786doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SKL-USDT+0.0056%4h0.004590−0.087%$183K$27K50xas long as short
Binance SKLUSDT+0.0100%4h0.004597+0.065%$2.8M$8.4M50xas long as short
Bybit SKLUSDT+0.0100%8h0.0045940.000%$884K$954K25xas long as short
Gate SKL_USDT+0.0100%4h0.004590−0.087%$183K$219K50xas long as short
MEXC SKL_USDT+0.0100%4h0.004596+0.044%$392K$190K20xas long as short
KuCoin SKLUSDTM+0.0100%4h0.0045940.000%$819K$341K30xas long as short
Bitget SKLUSDTlong+0.0100%4h0.004594long leg$483K$814K25x
BingX SKL-USDT+0.0100%4h0.004593−0.022%$2.3Mas long as short
Variational Omni SKL+0.0100%8h0.004595+0.026%$705$1Kas long as short
Kraken Futures PF_SKLUSDshort+0.2099%1h0.004601+0.157%$5K$5K10x