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

SKL

all SKL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.151%
Price spread now: Bybit against MEXC+0.022%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1621.623% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.739%+$74 on $10k
Price spread, last 4 days (all we have)−0.125%−$13 · spread now +0.022%, 7d avg +0.016%
Together, before fees+0.614%+$61 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SKL_USDT0.0046400.0100pay 0.0050% / 4h2h 55m$393K$187K20x
ShortBybit SKLUSDT0.0046410.0100get 0.0100% / 8h2h 55m$884K$945K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against MEXC. 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
$0
Price spread: +0.022% → +0.016%
$0.56
Slippage, 4 orders
−$147.3
Fee MEXC: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$161.74
Costs to cover
1.623%
Break-even
never at this rate
Slippage from MEXC: live order book, 40 min ago; Bybit: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 40 min ago1.09 bp13.5 bp −$1357.5 bp −$575209.6 bp −$21.0Kdoesn't fit
Sell Bybit live order book, 35 min ago1.09 bp67.3 bp −$67286.1 bp −$2,861doesn't fitdoesn't fit

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%4h0.004643+0.062%$2.8M$8.3M50xas long as short
Bybit SKLUSDTshort+0.0100%8h0.004641+0.022%$884K$945K25x
Gate SKL_USDT+0.0100%4h0.0046400.000%$184K$216K50xas long as short
MEXC SKL_USDTlong+0.0100%4h0.004640long leg$393K$187K20x
KuCoin SKLUSDTM+0.0100%4h0.0046400.000%$828K$339K30xas long as short
Bitget SKLUSDT+0.0100%4h0.004641+0.022%$492K$798K25xas long as short
BingX SKL-USDT+0.0100%4h0.004643+0.065%$2.3Mas long as short
Variational Omni SKL+0.0100%8h0.004641+0.015%$713$1Kas long as short
BloFin SKL-USDT+0.0155%4h0.004613−0.582%$184K$26K50xas long as short
Kraken Futures PF_SKLUSD+0.1865%1h0.004647+0.159%$5K$5K10xas long as short