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

SPK

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0225%/8h= −24.6% APRnext payment $1.12 per $10,000 · paid last 24h −0.007%
Price spread now: Aster against OKX−0.124%7-day average · you buy dearer than you sell
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−0.029%−$3 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.124% cheaper against OKX than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.029% in total (about -1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.12 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
LongOKX SPK-USDT-SWAP0.021710.0100pay 0.0050% / 4h1h 43m$764K$2.0M20x
ShortAster SPKUSDT0.02168−0.0125pay 0.0062% / 4h1h 43m$12K$72K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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
−$47.15
Price spread: −0.124% → 0.000%
−$12.38
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$77.53
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 4 min ago; Aster: 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 OKX live order book, 4 min ago6.95 bp30.4 bp −$30426.4 bp −$4,264doesn't fitdoesn't fit
Sell Aster no order-book sample
Aster: 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−0.0526%4h0.02166−0.230%$141K$130K50xas long as short
Aster SPKUSDTshort−0.0125%4h0.02168−0.124%$12K$72K5x
BloFin SPK-USDT+0.0082%4h0.02162−0.415%$189K$31K50xas long as short
Binance SPKUSDT+0.0100%4h0.02170−0.046%$3.7M$5.7M50xas long as short
Bybit SPKUSDT+0.0100%4h0.02170−0.046%$1.9M$2.2M25xas long as short
OKX SPK-USDT-SWAPlong+0.0100%4h0.02171long leg$764K$2.0M20x
MEXC SPK_USDT+0.0100%4h0.02167−0.184%$2.2M$641K50xas long as short
KuCoin SPKUSDTM+0.0100%4h0.02176+0.230%$1.1M$476K30xas long as short
Bitget SPKUSDT+0.0100%4h0.02170−0.046%$1.2M$1.5M50xas long as short
BingX SPK-USDT+0.0100%4h0.02168−0.138%$2.3Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SPK+0.0100%4h0.02163−0.386%$175K$76Kas long as short
SunX SPK-USDT+0.0100%4h0.02214+1.981%$1K$1.2M20xas long as short
Extended SPK-USD+0.0104%1h0.02169−0.073%$723$147K5xas long as short
Kraken Futures PF_SPKUSD+0.2746%1h0.02184+0.585%$23K$28K10xas long as short