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

SKL

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.035%
Price spread now: KuCoin against Bitget+0.112%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$301as in the Funding arb table
Net, price: spread back to 7d avg − costs−$309as in the Price arb table
costs, in and out, $10k−$3183.183% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.170%+$17 on $10k
Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.112%, 7d avg +0.021%
Together, before fees+0.126%+$13 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: KuCoin is 0.091% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKLUSDT0.0044510.0100pay 0.0050% / 4h1h 30m$474K$735K25x
ShortKuCoin SKLUSDTM0.0044560.0100get 0.0050% / 4h1h 30m$763K$249K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$0
Price spread: +0.112% → +0.021%
$9.12
Slippage, 4 orders
−$294.26
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$309.15
Costs to cover
3.183%
Break-even
never at this rate
Slippage from Bitget: live order book, 12 min ago; KuCoin: live order book, 6 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 Bitget live order book, 12 min ago10.04 bp24.9 bp −$2594.4 bp −$944doesn't fitdoesn't fit
Sell KuCoin live order book, 6 min ago4.47 bp135.9 bp −$136706.3 bp −$7,063doesn't fitdoesn't fit

SKL on 10 exchanges

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+0.0082%4h0.004456+0.112%$168K$20K50xas long as short
Binance SKLUSDT+0.0100%4h0.004455+0.090%$2.6M$7.3M50xas long as short
Bybit SKLUSDT+0.0100%8h0.004456+0.112%$809K$889K25xas long as short
Gate SKL_USDT+0.0100%4h0.004450−0.022%$155K$198K50xas long as short
MEXC SKL_USDT+0.0100%4h0.004455+0.090%$324K$175K20xas long as short
KuCoin SKLUSDTMshort+0.0100%4h0.004456+0.112%$763K$249K30x
Bitget SKLUSDTlong+0.0100%4h0.004451long leg$474K$735K25x
BingX SKL-USDT+0.0100%4h0.0044510.000%$2.3Mas long as short
Variational Omni SKL+0.0100%8h0.004465+0.311%$688$1Kas long as short
Kraken Futures PF_SKLUSD+0.2268%1h0.004443−0.182%$4K$6K10xas long as short