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

LSK

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.4160%/8h= +455.6% APRnext payment +$5.20 per $10,000 · paid last 24h +0.091%
Price spread now: Bitget against Kraken Futures+0.565%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs+$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$1521.517% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+3.042%+$304 on $10k
Price spread, last 4 days (all we have)+0.963%+$96 · spread now +0.565%, 7d avg −0.039%
Together, before fees+4.006%+$401 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$125 a day on $10k at the current rate, and Bitget is 0.603% dearer against Kraken Futures than usual: you sell high and buy low: +$60 more if the spread goes back to its 7-day average of −0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_LSKUSD0.3411−0.5208get 0.0651% / 1h29m 46s$103K$356K10x
ShortBitget LSKUSDT0.3430−0.1048pay 0.0131% / 1h29m 46s$2.7M$9.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$873.67
Price spread: +0.565% → −0.039%
$60.35
Slippage, 4 orders
−$129.67
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
$782.35
Costs to cover
1.517%
Break-even
0.7 days
Slippage from Kraken Futures: live order book, 3 min ago; Bitget: live order book, 4 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 Kraken Futures live order book, 3 min ago46.30 bp54.7 bp −$55239.4 bp −$2,394doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago2.90 bp23.2 bp −$23121.6 bp −$1,216doesn't fitdoesn't fit

LSK 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
Gate LSK_USDT−0.6168%1h0.3439+0.829%$1.4M$2.7M20xas long as short
Binance LSKUSDT−0.5782%1h0.3436+0.727%$15.2M$100.7M50xas long as short
MEXC LSK_USDT−0.5776%1h0.3434+0.694%$9.0M$2.3M20xas long as short
BingX LSK-USDT−0.5368%1h0.3439+0.843%$2.9Mas long as short
Kraken Futures PF_LSKUSDlong−0.5208%1h0.3411long leg$103K$356K10x
Aster LSKUSDT−0.4812%1h0.3446+1.022%$50K$185K5xas long as short
HTX LSK-USDT−0.3664%1h0.3447+1.072%$39K$320K20xas long as short
Bitget LSKUSDTshort−0.1048%1h0.3430+0.565%$2.7M$9.9M50x
Bybit LSKUSDT+0.0100%1h0.3445+1.008%$9.0M$21.4M25xas long as short
Variational Omni LSK+0.0100%1h0.3458+1.393%$31K$192Kas long as short