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+0.1806%/8h= +197.8% APRpaid last 24h −0.324%
Price spread now: Kraken Futures against Variational Omni+0.362%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 fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$54 a day on $10k at the current rate, and Kraken Futures is 0.362% dearer against Variational Omni than usual: you sell high and buy low: +$36 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SKL0.0045310.0100pay 0.0100% / 8h2h 16m$794$1K
ShortKraken Futures PF_SKLUSD0.0045480.1906get 0.0238% / 1h16m 05s$5K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$379.34
Price spread: +0.362% → 0.000%
$36.22
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$405.56
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample
Sell Kraken Futures no order-book sample
Variational Omni and 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
BloFin SKL-USDT+0.0089%4h0.004539+0.172%$171K$22K50xas long as short
Binance SKLUSDT+0.0100%4h0.004538+0.150%$2.6M$8.6M50xas long as short
Bybit SKLUSDT+0.0100%8h0.004535+0.084%$864K$986K25xas long as short
Gate SKL_USDT+0.0100%4h0.004540+0.194%$175K$231K50xas long as short
MEXC SKL_USDT+0.0100%4h0.004538+0.150%$359K$195K20xas long as short
KuCoin SKLUSDTM+0.0100%4h0.004542+0.238%$797K$343K30xas long as short
Bitget SKLUSDT+0.0100%4h0.004537+0.128%$494K$840K25xas long as short
BingX SKL-USDT+0.0100%4h0.004538+0.150%$2.3Mas long as short
Variational Omni SKLlong+0.0100%8h0.004531long leg$794$1K
Kraken Futures PF_SKLUSDshort+0.1906%1h0.004548+0.362%$5K$5K10x