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

SPK

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.5953%/8h= +651.8% APRnext payment +$7.44 per $10,000 · paid last 24h +0.416%
Price spread now: Kraken Futures against Extended+0.145%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$179 a day on $10k at the current rate, and Kraken Futures is 0.145% dearer against Extended than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SPK-USD0.021720.0104pay 0.0013% / 1h14m 00s$3K$201K5x
ShortKraken Futures PF_SPKUSD0.021750.6057get 0.0757% / 1h14m 00s$23K$7K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. 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
$1,250.05
Price spread: +0.145% → 0.000%
$14.53
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$1,249.58
Costs to cover
0.150%
Break-even
0.0 days
Slippage unknown: Extended: live order book, 17 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 17 min ago4.67 bp34.9 bp −$35226.5 bp −$2,265doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Gate SPK_USDT−0.0008%4h0.02174+0.090%$146K$146K50xas long as short
Aster SPKUSDT+0.0085%4h0.02174+0.098%$19K$81K5xas long as short
Binance SPKUSDT+0.0100%4h0.02173+0.027%$3.8M$5.6M50xas long as short
Bybit SPKUSDT+0.0100%4h0.02173+0.044%$1.8M$2.2M25xas long as short
OKX SPK-USDT-SWAP+0.0100%4h0.02175+0.136%$740K$2.1M20xas long as short
MEXC SPK_USDT+0.0100%4h0.02172−0.003%$2.1M$661K50xas long as short
Bitget SPKUSDT+0.0100%4h0.02173+0.044%$1.2M$1.3M50xas long as short
BingX SPK-USDT+0.0100%4h0.02172−0.003%$2.3Mas long as short
Variational Omni SPK+0.0100%4h0.02172+0.006%$171K$67Kas long as short
SunX SPK-USDT+0.0100%4h0.02219+2.161%$789$1.2M20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SPK-USDlong+0.0104%1h0.02172long leg$3K$201K5x
BloFin SPK-USDT+0.0151%4h0.02172−0.003%$185K$21K50xas long as short
KuCoin SPKUSDTM+0.0618%4h0.02182+0.458%$1.1M$388K30xas long as short
Kraken Futures PF_SPKUSDshort+0.6057%1h0.02175+0.145%$23K$7K10x