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

SPK

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0245%/8h= −26.8% APRnext payment $1.22 per $10,000 · paid last 24h −0.006%
Price spread now: Gate against Aster−0.026%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−0.061%−$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Gate is 0.026% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.061% in total (about -3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.22 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPKUSDT0.02156−0.0147get 0.0074% / 4h56m 50s$13K$74K5x
ShortGate SPK_USDT0.02155−0.0392pay 0.0196% / 4h56m 50s$148K$135K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$51.42
Price spread: −0.026% → 0.000%
−$2.62
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$77.04
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; Gate: live order book, 59 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 Gate live order book, 59 min ago13.82 bp158.3 bp −$158doesn't fitdoesn'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_USDTshort−0.0392%4h0.02155−0.026%$148K$135K50x
Aster SPKUSDTlong−0.0147%4h0.02156long leg$13K$74K5x
Binance SPKUSDT+0.0100%4h0.02156+0.012%$3.7M$5.7M50xas long as short
Bybit SPKUSDT+0.0100%4h0.02154−0.073%$1.8M$2.2M25xas long as short
OKX SPK-USDT-SWAP+0.0100%4h0.02156+0.020%$760K$2.0M20xas long as short
MEXC SPK_USDT+0.0100%4h0.02155−0.026%$2.1M$636K50xas long as short
Bitget SPKUSDT+0.0100%4h0.02155−0.026%$1.2M$1.5M50xas long as short
BingX SPK-USDT+0.0100%4h0.02154−0.073%$2.3Mas long as short
Variational Omni SPK+0.0100%4h0.02146−0.441%$174K$76Kas long as short
SunX SPK-USDT+0.0100%4h0.02200+2.061%$1K$1.2M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SPK-USD+0.0104%1h0.02154−0.051%$2K$140K5xas long as short
BloFin SPK-USDT+0.0148%4h0.02152−0.165%$188K$29K50xas long as short
KuCoin SPKUSDTM+0.0370%4h0.02161+0.252%$1.1M$476K30xas long as short
Kraken Futures PF_SPKUSD+0.2098%1h0.02160+0.217%$22K$25K10xas long as short