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

SKL

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h −0.119%
Price spread now: Variational Omni against BloFin−0.146%56s7-day average · you buy dearer than you sell
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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding pays, the price is against you. Variational Omni is 0.146% cheaper against BloFin than usual: you would sell low and buy high (spread −0.146% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 9.0 days of funding at the current rate (+$2 a day). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKL-USDT0.0045220.0046pay 0.0023% / 4h3h 58m$167K$23K50x
ShortVariational Omni SKL0.0045150.0100get 0.0100% / 8h7h 58m$785$1K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$11.34
Price spread: −0.146% → 0.000%
−$14.62
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$15.28
Costs to cover
0.120%
Break-even
16.4 days
Slippage unknown: BloFin: live order book, 7 min ago; Variational Omni: 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, 7 min ago1.11 bp20.4 bp −$2056.6 bp −$566doesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: 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+0.0046%4h0.004522long leg$167K$23K50x
Binance SKLUSDT+0.0100%4h0.004535+0.287%$2.6M$8.1M50xas long as short
Bybit SKLUSDT+0.0100%8h0.004529+0.155%$838K$943K25xas long as short
Gate SKL_USDT+0.0100%4h0.004520−0.044%$159K$228K50xas long as short
MEXC SKL_USDT+0.0100%4h0.004539+0.376%$345K$186K20xas long as short
KuCoin SKLUSDTM+0.0100%4h0.004539+0.376%$775K$287K30xas long as short
Bitget SKLUSDT+0.0100%4h0.004531+0.199%$477K$788K25xas long as short
BingX SKL-USDT+0.0100%4h0.004532+0.221%$2.3Mas long as short
Variational Omni SKLshort+0.0100%8h0.004515−0.146%$785$1K
Kraken Futures PF_SKLUSD+0.5120%1h0.004565+0.949%$5K$5K10xas long as short