Funding you earn now, next payment 12:00 UTC+0.4340%/8h= +475.2% APRpaid last 24h −0.129%
Price spread now: BingX against Kraken Futures+0.464%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 +$130 a day on $10k at the current rate, and BingX is 0.464% dearer against Kraken Futures than usual: you sell high and buy low: +$46 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 | Kraken Futures PF_SKLUSD | 0.004459 | −0.4240 | get 0.0530% / 1h | 50m 39s | $4K | $6K | 10x |
| Short | BingX SKL-USDT | 0.004480 | 0.0100 | get 0.0050% / 4h | 50m 39s | — | $2.3M | — |
Kraken Futures PF_SKLUSD
BingX SKL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- $911.43
- Price spread: +0.464% → 0.000%
- $46.42
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $937.86
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 6 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 6 min ago | 5.58 bp | 28.5 bp −$28 | 63.7 bp −$637 | 565.4 bp −$56.5K | 1200.9 bp −$600.5K |
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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SKLUSDlong | −0.4240% | 1h | 0.004459 | long leg | $4K | $6K | 10x | |
| Binance SKLUSDT | +0.0100% | 4h | 0.004477 | +0.397% | $2.6M | $7.0M | 50x | as long as short |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004479 | +0.442% | $811K | $864K | 25x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004480 | +0.464% | $157K | $184K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004479 | +0.442% | $330K | $169K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004485 | +0.576% | $769K | $239K | 30x | as long as short |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004480 | +0.464% | $459K | $709K | 25x | as long as short |
| BingX SKL-USDTshort | +0.0100% | 4h | 0.004480 | +0.464% | — | $2.3M | — | |
| Variational Omni SKL | +0.0100% | 8h | 0.004481 | +0.482% | $689 | $1K | — | as long as short |
| BloFin SKL-USDT | +0.0153% | 4h | 0.004486 | +0.599% | $167K | $21K | 50x | as long as short |
Binance SKLUSDT
Bybit SKLUSDT
Gate SKL_USDT
MEXC SKL_USDT
KuCoin SKLUSDTM
Bitget SKLUSDT
Variational Omni SKL
BloFin SKL-USDT