Funding you earn now, next payment 04:00 UTC−0.0012%/8h= −1.4% APRnext payment −$0.06 per $10,000 · paid last 24h +0.004%
Price spread now: MEXC against BloFin0.000%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$680.677% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.239%+$24 · spread now 0.000%, 7d avg −0.017%
=The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SPK-USDT | 0.02169 | 0.0112 | pay 0.0056% / 4h | 1h 36m | $188K | $31K | 50x |
| Short | MEXC SPK_USDT | 0.02169 | 0.0100 | get 0.0050% / 4h | 1h 36m | $2.2M | $642K | 50x |
BloFin SPK-USDT
MEXC SPK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.62
- Price spread: 0.000% → −0.017%
- $1.75
- Slippage, 4 orders
- −$51.7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$68.57
- Costs to cover
- 0.677%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 83 min ago; MEXC: live order book, 10 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, 83 min ago | 2.31 bp | 17.9 bp −$18 | 51.9 bp −$519 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 10 min ago | 4.63 bp | 7.8 bp −$8 | 49.6 bp −$496 | 230.8 bp −$23.1K | 456.8 bp −$228.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate SPK_USDT | −0.0532% | 4h | 0.02169 | 0.000% | $141K | $131K | 50x | as long as short |
| Aster SPKUSDT | −0.0149% | 4h | 0.02171 | +0.098% | $12K | $72K | 5x | as long as short |
| Binance SPKUSDT | +0.0100% | 4h | 0.02170 | +0.046% | $3.7M | $5.7M | 50x | as long as short |
| Bybit SPKUSDT | +0.0100% | 4h | 0.02170 | +0.051% | $1.9M | $2.2M | 25x | as long as short |
| OKX SPK-USDT-SWAP | +0.0100% | 4h | 0.02172 | +0.138% | $765K | $2.0M | 20x | as long as short |
| MEXC SPK_USDTshort | +0.0100% | 4h | 0.02169 | 0.000% | $2.2M | $642K | 50x | |
| KuCoin SPKUSDTM | +0.0100% | 4h | 0.02178 | +0.415% | $1.1M | $476K | 30x | as long as short |
| Bitget SPKUSDT | +0.0100% | 4h | 0.02171 | +0.092% | $1.3M | $1.5M | 50x | as long as short |
| BingX SPK-USDT | +0.0100% | 4h | 0.02172 | +0.138% | — | $2.3M | — | as long as short |
| Variational Omni SPK | +0.0100% | 4h | 0.02171 | +0.073% | $176K | $76K | — | as long as short |
Gate SPK_USDT
Aster SPKUSDT
Binance SPKUSDT
Bybit SPKUSDT
OKX SPK-USDT-SWAP
KuCoin SPKUSDTM
Bitget SPKUSDT
BingX SPK-USDT
Variational Omni SPKShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SPK-USDT | +0.0100% | 4h | 0.02214 | +2.075% | $770 | $1.2M | 20x | as long as short |
| Extended SPK-USD | +0.0104% | 1h | 0.02169 | +0.017% | $723 | $147K | 5x | as long as short |
| BloFin SPK-USDTlong | +0.0112% | 4h | 0.02169 | long leg | $188K | $31K | 50x | |
| Kraken Futures PF_SPKUSD | +0.2750% | 1h | 0.02181 | +0.533% | $23K | $28K | 10x | as long as short |
SunX SPK-USDT
Extended SPK-USD
Kraken Futures PF_SPKUSD