SPK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.03 per $10,000 · paid last 24h +0.003%

Price spread now: BloFin against Bitget−0.093%7-day average −0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$940.941% of the position

Long on Bitget Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.093%, 7d avg −0.041%

Together, before fees−0.012%−$1 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: BloFin is 0.051% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SPKUSDT	0.02160	0.0100	pay 0.0050% / 4h	1h 42m	$1.2M	$1.4M	50x
Short	BloFin SPK-USDT	0.02158	0.0095	get 0.0047% / 4h	1h 42m	$188K	$25K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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

Position, each leg$Hold fordaysFee BitgetbpFee BloFinbpOrdersPrice spread, now −0.093%Rate

Funding earned: −$1.08
Price spread: −0.093% → −0.041%: −$5.13
Slippage, 4 orders: −$70.08
Fee Bitget: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$100.29
Costs to cover: 0.941%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; BloFin: live order book, 32 min ago.

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 Bitget live order book, 4 min ago	6.96 bp	24.9 bp −$25	85.9 bp −$859	doesn't fit	doesn't fit
Sell BloFin live order book, 32 min ago	6.99 bp	26.0 bp −$26	52.3 bp −$523	doesn't fit	doesn't fit

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
BloFin SPK-USDTshort	+0.0095%	4h	0.02158	−0.093%	$188K	$25K	50x
Aster SPKUSDT	+0.0100%	4h	0.02160	−0.003%	$19K	$83K	5x	as long as short
Binance SPKUSDT	+0.0100%	4h	0.02160	−0.010%	$3.8M	$5.8M	50x	as long as short
Bybit SPKUSDT	+0.0100%	4h	0.02159	−0.060%	$1.8M	$2.2M	25x	as long as short
OKX SPK-USDT-SWAP	+0.0100%	4h	0.02158	−0.093%	$741K	$2.1M	20x	as long as short
Gate SPK_USDT	+0.0100%	4h	0.02159	−0.046%	$146K	$141K	50x	as long as short
MEXC SPK_USDT	+0.0100%	4h	0.02160	0.000%	$2.1M	$642K	50x	as long as short
Bitget SPKUSDTlong	+0.0100%	4h	0.02160	long leg	$1.2M	$1.4M	50x
BingX SPK-USDT	+0.0100%	4h	0.02159	−0.046%	—	$2.3M	—	as long as short
Variational Omni SPK	+0.0100%	4h	0.02154	−0.272%	$170K	$81K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SPK-USDT	+0.0100%	4h	0.02206	+2.130%	$885	$1.2M	20x	as long as short
Extended SPK-USD	+0.0104%	1h	0.02160	−0.001%	$2K	$193K	5x	as long as short
KuCoin SPKUSDTM	+0.0956%	4h	0.02169	+0.417%	$1.1M	$475K	30x	as long as short
Kraken Futures PF_SPKUSD	+0.3005%	1h	0.02174	+0.656%	$23K	$25K	10x	as long as short