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

SKL

all SKL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.1784%/8h= −195.4% APRpaid last 24h +0.324%
Price spread now: Variational Omni against Kraken Futures−0.158%7-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
Both sides work against this trade now: funding costs −$54 a day on $10k at the current rate, and Variational Omni is 0.158% cheaper against Kraken Futures than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SKLUSD0.0046020.1884pay 0.0236% / 1h36m 02s$5K$5K10x
ShortVariational Omni SKL0.0045940.0100get 0.0100% / 8h2h 36m$804$1K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$374.65
Price spread: −0.158% → 0.000%
−$15.82
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$400.47
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; 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 Kraken Futures no order-book sample
Sell Variational Omni no order-book sample
Kraken Futures and 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
Binance SKLUSDT+0.0100%4h0.004603+0.031%$2.8M$8.3M50xas long as short
Bybit SKLUSDT+0.0100%8h0.004603+0.031%$873K$945K25xas long as short
Gate SKL_USDT+0.0100%4h0.004590−0.251%$181K$219K50xas long as short
MEXC SKL_USDT+0.0100%4h0.004601−0.012%$380K$191K20xas long as short
KuCoin SKLUSDTM+0.0100%4h0.004601−0.012%$816K$332K30xas long as short
Bitget SKLUSDT+0.0100%4h0.004600−0.034%$494K$814K25xas long as short
BingX SKL-USDT+0.0100%4h0.004595−0.143%$2.3Mas long as short
Variational Omni SKLshort+0.0100%8h0.004594−0.158%$804$1K
BloFin SKL-USDT+0.0151%4h0.004568−0.730%$183K$21K50xas long as short
Kraken Futures PF_SKLUSDlong+0.1884%1h0.004602long leg$5K$5K10x