Funding you earn now, next payment 08:00 UTC−0.2375%/8h= −260.1% APRpaid last 24h +0.101%
Price spread now: Gate against Kraken Futures−0.616%51s7-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 −$71 a day on $10k at the current rate, and Gate is 0.616% cheaper against Kraken Futures than usual: you would sell low and buy high (−$62 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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 | 0.004498 | 0.2475 | pay 0.0309% / 1h | 23m 23s | $5K | $5K | 10x |
| Short | Gate SKL_USDT | 0.004470 | 0.0100 | get 0.0050% / 4h | 23m 23s | $158K | $233K | 50x |
Kraken Futures PF_SKLUSD
Gate SKL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$498.83
- Price spread: −0.616% → 0.000%
- −$61.61
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$585.44
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Gate: live order book, 8 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 Gate live order book, 8 min ago | 22.27 bp | 70.5 bp −$71 | doesn't fit | 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-USDT | +0.0078% | 4h | 0.004472 | −0.572% | $167K | $22K | 50x | as long as short |
| Binance SKLUSDT | +0.0100% | 4h | 0.004472 | −0.570% | $2.6M | $8.3M | 50x | as long as short |
| Bybit SKLUSDT | +0.0100% | 8h | 0.004472 | −0.572% | $828K | $970K | 25x | as long as short |
| Gate SKL_USDTshort | +0.0100% | 4h | 0.004470 | −0.616% | $158K | $233K | 50x | |
| MEXC SKL_USDT | +0.0100% | 4h | 0.004470 | −0.616% | $337K | $190K | 20x | as long as short |
| KuCoin SKLUSDTM | +0.0100% | 4h | 0.004479 | −0.416% | $769K | $315K | 30x | as long as short |
| Bitget SKLUSDT | +0.0100% | 4h | 0.004471 | −0.594% | $483K | $790K | 25x | as long as short |
| BingX SKL-USDT | +0.0100% | 4h | 0.004475 | −0.505% | — | $2.3M | — | as long as short |
| Variational Omni SKL | +0.0100% | 8h | 0.004471 | −0.590% | $777 | $1K | — | as long as short |
| Kraken Futures PF_SKLUSDlong | +0.2475% | 1h | 0.004498 | long leg | $5K | $5K | 10x |
BloFin SKL-USDT
Binance SKLUSDT
Bybit SKLUSDT
MEXC SKL_USDT
KuCoin SKLUSDTM
Bitget SKLUSDT
BingX SKL-USDT
Variational Omni SKL