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

SKL

all SKL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.5078%/8h= +556.1% APRpaid last 24h −0.217%
Price spread now: Kraken Futures against MEXC+0.536%7-day average · you sell dearer than you buy
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 feesneeds both histories
Both sides work for this trade now. Funding pays +$152 a day on $10k at the current rate, and Kraken Futures is 0.536% dearer against MEXC than usual: you sell high and buy low: +$54 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SKL_USDT0.0044890.0100pay 0.0050% / 4h3h 28m$344K$188K20x
ShortKraken Futures PF_SKLUSD0.0045130.5178get 0.0647% / 1h28m 49s$4K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$1,066.48
Price spread: +0.536% → 0.000%
$53.61
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$1,106.1
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: MEXC: live order book, 51 min ago; Kraken Futures: 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 MEXC live order book, 51 min ago1.11 bp16.5 bp −$1660.6 bp −$606206.0 bp −$20.6Kdoesn't fit
Sell Kraken Futures no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SKLUSDT+0.0100%4h0.004482−0.166%$2.6M$8.1M50xas long as short
Bybit SKLUSDT+0.0100%8h0.004478−0.245%$823K$944K25xas long as short
Gate SKL_USDT+0.0100%4h0.004480−0.200%$158K$230K50xas long as short
MEXC SKL_USDTlong+0.0100%4h0.004489long leg$344K$188K20x
KuCoin SKLUSDTM+0.0100%4h0.004493+0.089%$768K$278K30xas long as short
Bitget SKLUSDT+0.0100%4h0.004485−0.089%$465K$782K25xas long as short
BingX SKL-USDT+0.0100%4h0.004484−0.111%$2.3Mas long as short
Variational Omni SKL+0.0100%8h0.004480−0.195%$782$1Kas long as short
BloFin SKL-USDT+0.0154%4h0.004490+0.022%$169K$21K50xas long as short
Kraken Futures PF_SKLUSDshort+0.5178%1h0.004513+0.536%$4K$5K10x