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

SPK

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0231%/8h= +25.3% APRpaid last 24h +0.008%
Price spread now: Extended against Aster−0.027%7-day average · you buy dearer than you sell
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 7 days+0.038%+$4 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · Extended: Active · farm boardneeds both histories
Funding pays, the price is against you. Extended is 0.027% cheaper against Aster than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 9 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.038% in total) that is about 5.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.038% in total (about 2.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPKUSDT0.02164−0.0127get 0.0064% / 4h1h 44m$12K$72K5x
ShortExtended SPK-USD0.021630.0104get 0.0013% / 1h44m 23s$723$147K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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
$48.52
Price spread: −0.027% → 0.000%
−$2.7
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$32.82
Costs to cover
0.130%
Break-even
2.3 days
Slippage unknown: Aster: no order-book sample; Extended: live order book, 16 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 Aster no order-book sample
Sell Extended live order book, 16 min ago5.06 bp33.6 bp −$34222.5 bp −$2,225doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SPK_USDT−0.0522%4h0.02163−0.046%$141K$130K50xas long as short
Aster SPKUSDTlong−0.0127%4h0.02164long leg$12K$72K5x
Binance SPKUSDT+0.0100%4h0.02162−0.088%$3.7M$5.7M50xas long as short
Bybit SPKUSDT+0.0100%4h0.02164−0.009%$1.8M$2.2M25xas long as short
OKX SPK-USDT-SWAP+0.0100%4h0.02161−0.139%$762K$2.0M20xas long as short
MEXC SPK_USDT+0.0100%4h0.02162−0.092%$2.1M$641K50xas long as short
KuCoin SPKUSDTM+0.0100%4h0.02173+0.416%$1.1M$476K30xas long as short
Bitget SPKUSDT+0.0100%4h0.02165+0.046%$1.2M$1.5M50xas long as short
BingX SPK-USDT+0.0100%4h0.021640.000%$2.3Mas long as short
Variational Omni SPK+0.0100%4h0.02163−0.064%$175K$76Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SPK-USDT+0.0100%4h0.02213+2.264%$934$1.2M20xas long as short
Extended SPK-USDshort+0.0104%1h0.02163−0.027%$723$147K5x
BloFin SPK-USDT+0.0156%4h0.021640.000%$189K$31K50xas long as short
Kraken Futures PF_SPKUSD+0.2745%1h0.02185+0.961%$23K$28K10xas long as short