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
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 +$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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKLUSDT | 0.004594 | 0.0100 | pay 0.0050% / 4h | 3h 31m | $483K | $814K | 25x |
| Short | Kraken Futures PF_SKLUSD | 0.004601 | 0.2099 | get 0.0262% / 1h | 31m 06s | $5K | $5K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 55 min ago | 7.56 bp | 25.6 bp −$26 | 78.6 bp −$786 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SKL-USDT | +0.0056% | 4h | 0.004590 | −0.087% | $183K | $27K | 50x | as long as short |
| Binance SKLUSDT | +0.0100% | 4h | 0.004597 | +0.065% | $2.8M | $8.4M | 50x | as long as short |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004594 | 0.000% | $884K | $954K | 25x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004590 | −0.087% | $183K | $219K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004596 | +0.044% | $392K | $190K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004594 | 0.000% | $819K | $341K | 30x | as long as short |
| Bitget SKLUSDTlong | +0.0100% | 4h | 0.004594 | long leg | $483K | $814K | 25x | |
| BingX SKL-USDT | +0.0100% | 4h | 0.004593 | −0.022% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004595 | +0.026% | $705 | $1K | — | as long as short |
| Kraken Futures PF_SKLUSDshort | +0.2099% | 1h | 0.004601 | +0.157% | $5K | $5K | 10x |
Bitget SKLUSDT
Kraken Futures PF_SKLUSD
BloFin SKL-USDT
Binance SKLUSDT
Bybit SKLUSDT
Gate SKL_USDT
MEXC SKL_USDT
KuCoin SKLUSDTM
BingX SKL-USDT
Variational Omni SKL