SPK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.44 per $10,000 · paid last 24h +0.023%

Price spread now: BloFin against Gate−0.092%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,156as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,170as in the Price arb table

costs, in and out, $10k−$1,16611.655% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.092%, 7d avg −0.043%

Together, before fees+0.192%+$19 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.050% cheaper against Gate than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of −0.043%). If the spread goes back, that is −$5 on $10k: about 45 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SPK_USDT	0.02170	0.0018	pay 0.0009% / 4h	58m 47s	$147K	$140K	50x
Short	BloFin SPK-USDT	0.02168	0.0106	get 0.0053% / 4h	58m 47s	$187K	$25K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now −0.092%Rate

Funding earned: $18.46
Price spread: −0.092% → −0.043%: −$4.96
Slippage, 4 orders: −$1,138.51
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$1,152.01
Costs to cover: 11.655%
Break-even: 443.8 days

Slippage from Gate: live order book, 37 min ago; BloFin: live order book, 11 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 Gate live order book, 37 min ago	11.64 bp	509.1 bp −$509	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 11 min ago	2.30 bp	25.2 bp −$25	56.8 bp −$568	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
Gate SPK_USDTlong	+0.0018%	4h	0.02170	long leg	$147K	$140K	50x
Aster SPKUSDT	+0.0100%	4h	0.02167	−0.138%	$19K	$81K	5x	as long as short
Binance SPKUSDT	+0.0100%	4h	0.02166	−0.184%	$3.8M	$5.8M	50x	as long as short
Bybit SPKUSDT	+0.0100%	4h	0.02164	−0.258%	$1.8M	$2.3M	25x	as long as short
OKX SPK-USDT-SWAP	+0.0100%	4h	0.02166	−0.184%	$741K	$2.1M	20x	as long as short
MEXC SPK_USDT	+0.0100%	4h	0.02165	−0.230%	$2.1M	$640K	50x	as long as short
Bitget SPKUSDT	+0.0100%	4h	0.02165	−0.230%	$1.2M	$1.4M	50x	as long as short
BingX SPK-USDT	+0.0100%	4h	0.02166	−0.184%	—	$2.3M	—	as long as short
Variational Omni SPK	+0.0100%	4h	0.02166	−0.179%	$171K	$82K	—	as long as short
SunX SPK-USDT	+0.0100%	4h	0.02215	+2.074%	$1K	$1.2M	20x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended SPK-USD	+0.0104%	1h	0.02165	−0.210%	$2K	$189K	5x	as long as short
BloFin SPK-USDTshort	+0.0106%	4h	0.02168	−0.092%	$187K	$25K	50x
KuCoin SPKUSDTM	+0.0810%	4h	0.02176	+0.276%	$1.1M	$475K	30x	as long as short
Kraken Futures PF_SPKUSD	+0.2430%	1h	0.02173	+0.123%	$23K	$25K	10x	as long as short