SPK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.17 per $10,000 · paid last 24h +0.002%

Price spread now: Bitget against BloFin0.000%95s7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$90as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$890.894% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 3 days (all we have)+0.105%+$11 · spread now 0.000%, 7d avg +0.030%

Together, before fees+0.104%+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.030% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.030%). Swap the legs. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SPK-USDT	0.02175	0.0134	pay 0.0067% / 4h	3h 17m	$190K	$30K	50x
Short	Bitget SPKUSDT	0.02175	0.0100	get 0.0050% / 4h	3h 17m	$1.3M	$1.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. 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 BloFinbpFee BitgetbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$7.13
Price spread: 0.000% → +0.030%: −$3.02
Slippage, 4 orders: −$65.37
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$99.52
Costs to cover: 0.894%
Break-even: never at this rate

Slippage from BloFin: live order book, 47 min ago; Bitget: live order book, 4 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 BloFin live order book, 47 min ago	2.34 bp	14.4 bp −$14	39.2 bp −$392	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	6.90 bp	21.4 bp −$21	81.9 bp −$819	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
Aster SPKUSDT	+0.0096%	4h	0.02171	−0.167%	$10K	$64K	5x	as long as short
Binance SPKUSDT	+0.0100%	4h	0.02174	−0.040%	$3.8M	$5.6M	50x	as long as short
Bybit SPKUSDT	+0.0100%	4h	0.02175	−0.009%	$1.9M	$2.2M	25x	as long as short
OKX SPK-USDT-SWAP	+0.0100%	4h	0.02175	0.000%	$764K	$2.0M	20x	as long as short
Gate SPK_USDT	+0.0100%	4h	0.02171	−0.184%	$143K	$137K	50x	as long as short
MEXC SPK_USDT	+0.0100%	4h	0.02174	−0.046%	$2.1M	$642K	50x	as long as short
KuCoin SPKUSDTM	+0.0100%	4h	0.02177	+0.092%	$940K	$414K	30x	as long as short
Bitget SPKUSDTshort	+0.0100%	4h	0.02175	0.000%	$1.3M	$1.5M	50x
BingX SPK-USDT	+0.0100%	4h	0.02175	0.000%	—	$2.3M	—	as long as short
Variational Omni SPK	+0.0100%	4h	0.02173	−0.108%	$165K	$65K	—	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	0.02219	+2.023%	$788	$1.1M	20x	as long as short
Extended SPK-USD	+0.0104%	1h	0.02174	−0.068%	$2K	$147K	5x	as long as short
BloFin SPK-USDTlong	+0.0134%	4h	0.02175	long leg	$190K	$30K	50x
Kraken Futures PF_SPKUSD	+0.1033%	1h	0.02175	−0.009%	$23K	$29K	10x	as long as short