Funding you earn now, next payment 03:00 UTC−0.1777%/8h= −194.5% APRpaid last 24h +0.616%
Price spread now: BloFin against Kraken Futures−0.058%57s7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$53 a day on $10k at the current rate, and BloFin is 0.058% cheaper against Kraken Futures than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_SKLUSD | 0.004680 | 0.1856 | pay 0.0232% / 1h | 9m 53s | $5K | $5K | 10x |
| Short | BloFin SKL-USDT | 0.004677 | 0.0079 | get 0.0040% / 4h | 1h 09m | $186K | $44K | 50x |
Kraken Futures PF_SKLUSD
BloFin SKL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$373.09
- Price spread: −0.058% → 0.000%
- −$5.8
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$400.89
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 28 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 BloFin live order book, 28 min ago | 2.14 bp | 34.2 bp −$34 | 73.7 bp −$737 | doesn't fit | doesn't fit |
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-USDTshort | +0.0079% | 4h | 0.004677 | −0.058% | $186K | $44K | 50x | |
| Binance SKLUSDT | +0.0100% | 4h | 0.004667 | −0.274% | $2.8M | $8.9M | 50x | as long as short |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004666 | −0.293% | $910K | $1.0M | 25x | as long as short |
| Gate SKL_USDT | +0.0100% | 4h | 0.004660 | −0.421% | $194K | $243K | 50x | as long as short |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004666 | −0.293% | $401K | $204K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004671 | −0.186% | $834K | $355K | 30x | as long as short |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004666 | −0.293% | $501K | $887K | 25x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004667 | −0.272% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004670 | −0.206% | $717 | $1K | — | as long as short |
| Kraken Futures PF_SKLUSDlong | +0.1856% | 1h | 0.004680 | long leg | $5K | $5K | 10x |
Binance SKLUSDT
Bybit SKLUSDT
Gate SKL_USDT
MEXC SKL_USDT
KuCoin SKLUSDTM
Bitget SKLUSDT
BingX SKL-USDT
Variational Omni SKL