Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against OKX−0.023%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1211.214% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.023%, 7d avg −0.042%
=Together, before fees+0.048%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SPK-USDT-SWAP | 0.02177 | 0.0100 | pay 0.0050% / 4h | 3h 14m | $764K | $2.0M | 20x |
| Short | Extended SPK-USD | 0.02176 | 0.0104 | get 0.0013% / 1h | 14m 37s | $2K | $143K | 5x |
OKX SPK-USDT-SWAP
Extended SPK-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against OKX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0.84
- Price spread: −0.023% → −0.042%
- $1.92
- Slippage, 4 orders
- −$106.38
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$118.62
- Costs to cover
- 1.214%
- Break-even
- 995.5 days
Slippage from OKX: live order book, 2 min ago; Extended: live order book, 56 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 OKX live order book, 2 min ago | 6.89 bp | 25.8 bp −$26 | 572.1 bp −$5,721 | doesn't fit | doesn't fit |
| Sell Extended live order book, 56 min ago | 4.00 bp | 36.1 bp −$36 | 251.5 bp −$2,515 | 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPK-USDT | +0.0049% | 4h | 0.02176 | −0.046% | $191K | $30K | 50x | as long as short |
| Aster SPKUSDT | +0.0100% | 4h | 0.02177 | −0.010% | $10K | $64K | 5x | as long as short |
| Binance SPKUSDT | +0.0100% | 4h | 0.02177 | −0.020% | $3.8M | $5.6M | 50x | as long as short |
| Bybit SPKUSDT | +0.0100% | 4h | 0.02178 | +0.028% | $1.9M | $2.2M | 25x | as long as short |
| OKX SPK-USDT-SWAPlong | +0.0100% | 4h | 0.02177 | long leg | $764K | $2.0M | 20x | |
| Gate SPK_USDT | +0.0100% | 4h | 0.02176 | −0.046% | $143K | $137K | 50x | as long as short |
| MEXC SPK_USDT | +0.0100% | 4h | 0.02177 | 0.000% | $2.1M | $642K | 50x | as long as short |
| KuCoin SPKUSDTM | +0.0100% | 4h | 0.02180 | +0.138% | $941K | $414K | 30x | as long as short |
| Bitget SPKUSDT | +0.0100% | 4h | 0.02178 | +0.046% | $1.3M | $1.5M | 50x | as long as short |
| BingX SPK-USDT | +0.0100% | 4h | 0.02178 | +0.046% | — | $2.3M | — | as long as short |
BloFin SPK-USDT
Aster SPKUSDT
Binance SPKUSDT
Bybit SPKUSDT
Gate SPK_USDT
MEXC SPK_USDT
KuCoin SPKUSDTM
Bitget SPKUSDT
BingX SPK-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SPK | +0.0100% | 4h | 0.02176 | −0.038% | $165K | $65K | — | as long as short |
| SunX SPK-USDT | +0.0100% | 4h | 0.02225 | +2.205% | $566 | $1.1M | 20x | as long as short |
| Extended SPK-USDshort | +0.0104% | 1h | 0.02176 | −0.023% | $2K | $143K | 5x | |
| Kraken Futures PF_SPKUSD | +0.1030% | 1h | 0.02179 | +0.109% | $23K | $29K | 10x | as long as short |
Variational Omni SPK
SunX SPK-USDT
Kraken Futures PF_SPKUSD