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

SPK

all SPK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.002%
Price spread now: OKX against Bitget0.000%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$990.989% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.002%$0 on $10k
Price spread, last 7 days−0.009%−$1 · spread now 0.000%, 7d avg −0.018%
Together, before fees−0.007%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SPKUSDT0.021640.0100pay 0.0050% / 4h3h 12m$1.2M$1.4M50x
ShortOKX SPK-USDT-SWAP0.021640.0100get 0.0050% / 4h3h 12m$761K$2.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$0
Price spread: 0.000% → −0.018%
$1.82
Slippage, 4 orders
−$76.94
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$97.12
Costs to cover
0.989%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 4 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 Bitget live order book, 4 min ago4.63 bp19.3 bp −$1981.6 bp −$816doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago4.62 bp32.7 bp −$33276.7 bp −$2,767doesn't fitdoesn't fit

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
Kraken Futures PF_SPKUSD−0.0584%1h0.02170+0.280%$23K$25K10xas long as short
Bybit SPKUSDT−0.0099%4h0.02165+0.046%$1.8M$2.2M25xas long as short
Aster SPKUSDT−0.0048%4h0.02165+0.068%$18K$76K5xas long as short
BloFin SPK-USDT+0.0069%4h0.02161−0.139%$187K$27K50xas long as short
Binance SPKUSDT+0.0100%4h0.02162−0.092%$3.7M$5.6M50xas long as short
OKX SPK-USDT-SWAPshort+0.0100%4h0.021640.000%$761K$2.0M20x
Gate SPK_USDT+0.0100%4h0.02165+0.046%$150K$135K50xas long as short
MEXC SPK_USDT+0.0100%4h0.02163−0.046%$2.1M$643K50xas long as short
Bitget SPKUSDTlong+0.0100%4h0.02164long leg$1.2M$1.4M50x
BingX SPK-USDT+0.0100%4h0.02162−0.092%$2.3Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SPK+0.0100%4h0.02160−0.179%$175K$76Kas long as short
SunX SPK-USDT+0.0100%4h0.02210+2.126%$985$1.1M20xas long as short
Extended SPK-USD+0.0104%1h0.02163−0.057%$714$206K5xas long as short
KuCoin SPKUSDTM+0.0828%4h0.02169+0.231%$1.1M$474K30xas long as short