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

SKL

all SKL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0146%/8h= −16.0% APRnext payment $1.46 per $10,000 · paid last 24h −0.006%
Price spread now: Bybit against Variational Omni+0.200%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 3 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
The price spread pays, funding is against you. Bybit is 0.200% dearer against Variational Omni than usual: you sell high and buy low (spread +0.200% now, against zero (this spread has no 7-day history yet)): +$20 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SKL0.0045730.0047pay 0.0047% / 8h9m 08s$703$1K
ShortBybit SKLUSDT0.004582−0.0100pay 0.0100% / 8h9m 08s$881K$1.1M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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
−$30.75
Price spread: +0.200% → 0.000%
$20.04
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$21.71
Costs to cover
0.110%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; Bybit: live order book, 1 min ago. 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 Variational Omni no order-book sample
Sell Bybit live order book, 1 min ago4.37 bp55.9 bp −$56288.2 bp −$2,882doesn't fitdoesn't fit
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
Bybit SKLUSDTshort−0.0100%8h0.004582+0.200%$881K$1.1M25x
Variational Omni SKLlong+0.0047%8h0.004573long leg$703$1K
Bitget SKLUSDT+0.0064%4h0.004580+0.157%$502K$1.0M25xas long as short
Binance SKLUSDT+0.0100%4h0.004580+0.157%$2.8M$9.6M50xas long as short
Gate SKL_USDT+0.0100%4h0.004580+0.157%$208K$245K50xas long as short
MEXC SKL_USDT+0.0100%4h0.004578+0.113%$385K$212K20xas long as short
KuCoin SKLUSDTM+0.0100%4h0.004579+0.135%$834K$369K30xas long as short
BingX SKL-USDT+0.0100%4h0.004579+0.135%$2.4Mas long as short
BloFin SKL-USDT+0.0132%4h0.004571−0.040%$182K$44K50xas long as short
Kraken Futures PF_SKLUSD+0.0357%1h0.004587+0.307%$5K$6K10xas long as short