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 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against BingX+0.046%7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$620.621% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.073%−$7 · spread now +0.046%, 7d avg −0.011%
Together, before fees−0.073%−$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.057% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.011%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SPK-USDT0.021760.0100pay 0.0050% / 4h3h 15m$2.3M
ShortMEXC SPK_USDT0.021770.0100get 0.0050% / 4h3h 15m$2.1M$642K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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
$0
Price spread: +0.046% → −0.011%
$5.69
Slippage, 4 orders
−$48.13
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$56.43
Costs to cover
0.621%
Break-even
never at this rate
Slippage from BingX: live order book, 3 min ago; MEXC: live order book, 1 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 BingX live order book, 3 min ago6.91 bp26.8 bp −$2778.4 bp −$784doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago2.30 bp4.8 bp −$553.0 bp −$530229.4 bp −$22.9K438.2 bp −$219.1K

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
BloFin SPK-USDT+0.0044%4h0.02171−0.230%$190K$30K50xas long as short
Aster SPKUSDT+0.0100%4h0.02176−0.009%$10K$64K5xas long as short
Binance SPKUSDT+0.0100%4h0.02177+0.047%$3.8M$5.6M50xas long as short
Bybit SPKUSDT+0.0100%4h0.02178+0.074%$1.9M$2.2M25xas long as short
OKX SPK-USDT-SWAP+0.0100%4h0.02177+0.046%$765K$2.0M20xas long as short
Gate SPK_USDT+0.0100%4h0.02175−0.046%$143K$137K50xas long as short
MEXC SPK_USDTshort+0.0100%4h0.02177+0.046%$2.1M$642K50x
KuCoin SPKUSDTM+0.0100%4h0.02180+0.184%$941K$414K30xas long as short
Bitget SPKUSDT+0.0100%4h0.02178+0.092%$1.3M$1.5M50xas long as short
BingX SPK-USDTlong+0.0100%4h0.02176long leg$2.3M
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SPK+0.0100%4h0.02176+0.007%$165K$65Kas long as short
SunX SPK-USDT+0.0100%4h0.02225+2.252%$566$1.1M20xas long as short
Extended SPK-USD+0.0104%1h0.02177+0.024%$2K$147K5xas long as short
Kraken Futures PF_SPKUSD+0.1030%1h0.02179+0.155%$23K$29K10xas long as short