Funding you earn now, next payment 04:00 UTC+0.0243%/8h= +26.6% APRnext payment +$1.21 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against Aster−0.086%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Binance is 0.086% cheaper against Aster than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 28 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.029% in total) that is about 21 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.21 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SPKUSDT | 0.02159 | −0.0143 | get 0.0071% / 4h | 54m 45s | $13K | $74K | 5x |
| Short | Binance SPKUSDT | 0.02157 | 0.0100 | get 0.0050% / 4h | 54m 45s | $3.7M | $5.7M | 50x |
Aster SPKUSDT
Binance SPKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $50.98
- Price spread: −0.086% → 0.000%
- −$8.57
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $24.4
- Costs to cover
- 0.180%
- Break-even
- 3.6 days
Slippage unknown: Aster: no order-book sample; Binance: live order book, 13 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aster no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 13 min ago | 2.32 bp | 22.4 bp −$22 | 89.2 bp −$892 | doesn't fit | doesn't fit |
Aster: 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.
SPK on 14 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SPK_USDT | −0.0382% | 4h | 0.02157 | −0.086% | $149K | $136K | 50x | as long as short |
| Aster SPKUSDTlong | −0.0143% | 4h | 0.02159 | long leg | $13K | $74K | 5x | |
| Binance SPKUSDTshort | +0.0100% | 4h | 0.02157 | −0.086% | $3.7M | $5.7M | 50x | |
| Bybit SPKUSDT | +0.0100% | 4h | 0.02156 | −0.114% | $1.8M | $2.2M | 25x | as long as short |
| OKX SPK-USDT-SWAP | +0.0100% | 4h | 0.02158 | −0.039% | $760K | $2.0M | 20x | as long as short |
| MEXC SPK_USDT | +0.0100% | 4h | 0.02156 | −0.132% | $2.1M | $636K | 50x | as long as short |
| Bitget SPKUSDT | +0.0100% | 4h | 0.02156 | −0.132% | $1.2M | $1.5M | 50x | as long as short |
| BingX SPK-USDT | +0.0100% | 4h | 0.02156 | −0.132% | — | $2.3M | — | as long as short |
| Variational Omni SPK | +0.0100% | 4h | 0.02158 | −0.056% | $174K | $76K | — | as long as short |
| SunX SPK-USDT | +0.0100% | 4h | 0.02203 | +2.045% | $886 | $1.2M | 20x | as long as short |
Gate SPK_USDT
Bybit SPKUSDT
OKX SPK-USDT-SWAP
MEXC SPK_USDT
Bitget SPKUSDT
BingX SPK-USDT
Variational Omni SPK
SunX SPK-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SPK-USD | +0.0104% | 1h | 0.02155 | −0.155% | $2K | $140K | 5x | as long as short |
| BloFin SPK-USDT | +0.0146% | 4h | 0.02158 | −0.039% | $189K | $29K | 50x | as long as short |
| KuCoin SPKUSDTM | +0.0392% | 4h | 0.02167 | +0.377% | $1.1M | $476K | 30x | as long as short |
| Kraken Futures PF_SPKUSD | +0.2100% | 1h | 0.02158 | −0.017% | $22K | $25K | 10x | as long as short |
Extended SPK-USD
BloFin SPK-USDT
KuCoin SPKUSDTM
Kraken Futures PF_SPKUSD