SPK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0260%/8h= +28.4% APRnext payment +$1.30 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Bybit+2.082%7-day average +2.144% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.127%+$13 on $10k

Price spread, last 4 days (all we have)−0.014%−$1 · spread now +2.082%, 7d avg +2.144%

Together, before fees+0.113%+$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. SunX is 0.061% cheaper against Bybit than usual: you would sell low and buy high (spread +2.082% now, against its 7-day average of +2.144%). If the spread goes back, that is −$6 on $10k: about 19 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.127% in total) that is about 3.4 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.127% in total (about 6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.30 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SPKUSDT	0.02161	−0.0160	get 0.0080% / 4h	3h 07m	$1.8M	$2.2M	25x
Short	SunX SPK-USDT	0.02206	0.0100	get 0.0050% / 4h	3h 07m	$912	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 BybitbpFee SunXbpOrdersPrice spread, now +2.082%Rate

Funding earned: $54.53
Price spread: +2.082% → +2.144%: −$6.14
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: $29.39
Costs to cover: 0.190%
Break-even: 3.2 days

Slippage unknown: Bybit: live order book, 4 min ago; SunX: live order book, 5 min ago. Net counts fees only.

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 Bybit live order book, 4 min ago	4.63 bp	35.6 bp −$36	157.2 bp −$1,572	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	280.16 bp	doesn't fit	doesn't fit	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
Kraken Futures PF_SPKUSD	−0.0583%	1h	0.02175	+0.631%	$23K	$25K	10x	as long as short
Bybit SPKUSDTlong	−0.0160%	4h	0.02161	long leg	$1.8M	$2.2M	25x
Aster SPKUSDT	−0.0033%	4h	0.02164	+0.127%	$18K	$77K	5x	as long as short
BloFin SPK-USDT	+0.0091%	4h	0.02160	−0.046%	$186K	$27K	50x	as long as short
Binance SPKUSDT	+0.0100%	4h	0.02161	0.000%	$3.7M	$5.6M	50x	as long as short
OKX SPK-USDT-SWAP	+0.0100%	4h	0.02162	+0.046%	$760K	$2.0M	20x	as long as short
Gate SPK_USDT	+0.0100%	4h	0.02163	+0.093%	$150K	$135K	50x	as long as short
MEXC SPK_USDT	+0.0100%	4h	0.02162	+0.046%	$2.1M	$643K	50x	as long as short
Bitget SPKUSDT	+0.0100%	4h	0.02161	0.000%	$1.2M	$1.4M	50x	as long as short
BingX SPK-USDT	+0.0100%	4h	0.02163	+0.093%	—	$2.3M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SPK	+0.0100%	4h	0.02162	+0.028%	$175K	$76K	—	as long as short
SunX SPK-USDTshort	+0.0100%	4h	0.02206	+2.082%	$912	$1.1M	20x
Extended SPK-USD	+0.0104%	1h	0.02160	−0.063%	$489	$206K	5x	as long as short
KuCoin SPKUSDTM	+0.0828%	4h	0.02170	+0.416%	$1.1M	$474K	30x	as long as short