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

SKL

all SKL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.5060%/8h= +554.0% APRpaid last 24h −0.213%
Price spread now: Kraken Futures against BloFin+0.569%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 +$152 a day on $10k at the current rate, and Kraken Futures is 0.569% dearer against BloFin than usual: you sell high and buy low: +$57 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKL-USDT0.0045340.0066pay 0.0033% / 4h3h 44m$170K$22K50x
ShortKraken Futures PF_SKLUSD0.0045600.5125get 0.0641% / 1h44m 22s$4K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against BloFin. 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
$1,062.53
Price spread: +0.569% → 0.000%
$56.89
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$1,097.43
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: BloFin: live order book, 21 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 BloFin live order book, 21 min ago1.11 bp20.4 bp −$2056.6 bp −$566doesn'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-USDTlong+0.0066%4h0.004534long leg$170K$22K50x
Binance SKLUSDT+0.0100%4h0.004523−0.243%$2.6M$8.1M50xas long as short
Bybit SKLUSDT+0.0100%8h0.004520−0.309%$834K$940K25xas long as short
Gate SKL_USDT+0.0100%4h0.004530−0.088%$162K$229K50xas long as short
MEXC SKL_USDT+0.0100%4h0.004525−0.199%$347K$187K20xas long as short
KuCoin SKLUSDTM+0.0100%4h0.004532−0.044%$774K$279K30xas long as short
Bitget SKLUSDT+0.0100%4h0.004524−0.221%$470K$792K25xas long as short
BingX SKL-USDT+0.0100%4h0.004531−0.066%$2.3Mas long as short
Variational Omni SKL+0.0100%8h0.004532−0.050%$791$1Kas long as short
Kraken Futures PF_SKLUSDshort+0.5125%1h0.004560+0.569%$4K$5K10x