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

SPK

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0306%/8h= +33.5% APRnext payment +$1.53 per $10,000 · paid last 24h +0.013%
Price spread now: SunX against Gate+2.104%7-day average +2.099% · 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 7 days+0.090%+$9 on $10k
Price spread, last 3 days (all we have)+0.014%+$1 · spread now +2.104%, 7d avg +2.099%
Together, before fees+0.105%+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +2.099%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.090% in total (about 4.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.53 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SPK_USDT0.02186−0.0206get 0.0103% / 4h2h 30m$143K$131K50x
ShortSunX SPK-USDT0.022320.0100get 0.0050% / 4h2h 30m$989$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
$64.26
Price spread: +2.104% → +2.099%
$0.5
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SunX: 4 bp × 2 orders
−$8
Net
$41.76
Costs to cover
0.230%
Break-even
2.5 days
Slippage unknown: Gate: live order book, 31 min ago; SunX: live order book, 3 min ago. 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 Gate live order book, 31 min ago9.25 bp655.8 bp −$656doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 3 min ago269.30 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

SPK on 13 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_USDTlong−0.0206%4h0.02186long leg$143K$131K50x
Aster SPKUSDT+0.0073%4h0.02188+0.093%$9K$66K5xas long as short
Binance SPKUSDT+0.0100%4h0.02187+0.046%$3.8M$5.7M50xas long as short
Bybit SPKUSDT+0.0100%4h0.02188+0.091%$1.9M$2.2M25xas long as short
OKX SPK-USDT-SWAP+0.0100%4h0.02189+0.137%$772K$2.1M20xas long as short
MEXC SPK_USDT+0.0100%4h0.02187+0.046%$2.1M$640K50xas long as short
KuCoin SPKUSDTM+0.0100%4h0.02192+0.274%$942K$414K30xas long as short
Bitget SPKUSDT+0.0100%4h0.02188+0.091%$1.3M$1.4M50xas long as short
BingX SPK-USDT+0.0100%4h0.02188+0.091%$2.3Mas long as short
Variational Omni SPK+0.0100%4h0.02186−0.015%$177K$76Kas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SPK-USDTshort+0.0100%4h0.02232+2.104%$989$1.2M20x
Extended SPK-USD+0.0104%1h0.02186+0.021%$1K$141K5xas long as short
Kraken Futures PF_SPKUSD+0.0800%1h0.02193+0.330%$23K$28K10xas long as short