SPK

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.5958%/8h= −652.4% APRnext payment −$7.45 per $10,000 · paid last 24h −0.416%

Price spread now: Extended against Kraken Futures−0.129%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on Extended

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$179 a day on $10k at the current rate, and Extended is 0.129% cheaper against Kraken Futures than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_SPKUSD	0.02173	0.6062	pay 0.0758% / 1h	13m 04s	$23K	$7K	10x
Short	Extended SPK-USD	0.02170	0.0104	get 0.0013% / 1h	13m 04s	$3K	$201K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Kraken Futures. 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 Kraken FuturesbpFee ExtendedbpOrdersPrice spread, now −0.129%Rate

Funding earned: −$1,251.21
Price spread: −0.129% → 0.000%: −$12.88
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$1,279.08
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Kraken Futures: no order-book sample; Extended: live order book, 18 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Extended live order book, 18 min ago	4.67 bp	31.7 bp −$32	231.2 bp −$2,312	doesn't fit	doesn't fit

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SPK_USDT	+0.0012%	4h	0.02172	−0.057%	$146K	$146K	50x	as long as short
Aster SPKUSDT	+0.0087%	4h	0.02172	−0.062%	$19K	$81K	5x	as long as short
Binance SPKUSDT	+0.0100%	4h	0.02171	−0.103%	$3.8M	$5.6M	50x	as long as short
Bybit SPKUSDT	+0.0100%	4h	0.02171	−0.103%	$1.8M	$2.2M	25x	as long as short
OKX SPK-USDT-SWAP	+0.0100%	4h	0.02175	+0.081%	$740K	$2.1M	20x	as long as short
MEXC SPK_USDT	+0.0100%	4h	0.02171	−0.103%	$2.1M	$661K	50x	as long as short
Bitget SPKUSDT	+0.0100%	4h	0.02173	−0.011%	$1.2M	$1.3M	50x	as long as short
BingX SPK-USDT	+0.0100%	4h	0.02173	−0.011%	—	$2.3M	—	as long as short
Variational Omni SPK	+0.0100%	4h	0.02172	−0.048%	$171K	$67K	—	as long as short
SunX SPK-USDT	+0.0100%	4h	0.02219	+2.106%	$673	$1.1M	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-USDshort	+0.0104%	1h	0.02170	−0.129%	$3K	$201K	5x
BloFin SPK-USDT	+0.0124%	4h	0.02170	−0.149%	$185K	$21K	50x	as long as short
KuCoin SPKUSDTM	+0.0624%	4h	0.02180	+0.311%	$1.1M	$388K	30x	as long as short
Kraken Futures PF_SPKUSDlong	+0.6062%	1h	0.02173	long leg	$23K	$7K	10x