Funding you earn now, next payment 04:00 UTC−0.0243%/8h= −26.6% APRnext payment −$1.21 per $10,000 · paid last 24h −0.007%
Price spread now: Aster against SunX−2.004%56s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 2.004% cheaper against SunX than usual: you would sell low and buy high (−$200 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
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 −$1.21 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SPK-USDT | 0.02203 | 0.0100 | pay 0.0050% / 4h | 54m 19s | $886 | $1.2M | 20x |
| Short | Aster SPKUSDT | 0.02159 | −0.0143 | pay 0.0071% / 4h | 54m 19s | $13K | $74K | 5x |
SunX SPK-USDT
Aster SPKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against SunX. 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
- −$50.98
- Price spread: −2.004% → 0.000%
- −$200.4
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$267.38
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 9 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 9 min ago | 277.90 bp | doesn't fit | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SPK_USDT | −0.0374% | 4h | 0.02157 | −2.088% | $149K | $136K | 50x | as long as short |
| Aster SPKUSDTshort | −0.0143% | 4h | 0.02159 | −2.004% | $13K | $74K | 5x | |
| Binance SPKUSDT | +0.0100% | 4h | 0.02157 | −2.088% | $3.7M | $5.7M | 50x | as long as short |
| Bybit SPKUSDT | +0.0100% | 4h | 0.02156 | −2.152% | $1.8M | $2.2M | 25x | as long as short |
| OKX SPK-USDT-SWAP | +0.0100% | 4h | 0.02155 | −2.179% | $760K | $2.0M | 20x | as long as short |
| MEXC SPK_USDT | +0.0100% | 4h | 0.02156 | −2.133% | $2.1M | $636K | 50x | as long as short |
| Bitget SPKUSDT | +0.0100% | 4h | 0.02156 | −2.133% | $1.2M | $1.5M | 50x | as long as short |
| BingX SPK-USDT | +0.0100% | 4h | 0.02157 | −2.088% | — | $2.3M | — | as long as short |
| Variational Omni SPK | +0.0100% | 4h | 0.02158 | −2.059% | $174K | $76K | — | as long as short |
| SunX SPK-USDTlong | +0.0100% | 4h | 0.02203 | long leg | $886 | $1.2M | 20x |
Gate SPK_USDT
Binance SPKUSDT
Bybit SPKUSDT
OKX SPK-USDT-SWAP
MEXC SPK_USDT
Bitget SPKUSDT
BingX SPK-USDT
Variational Omni SPKShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SPK-USD | +0.0104% | 1h | 0.02156 | −2.111% | $2K | $140K | 5x | as long as short |
| BloFin SPK-USDT | +0.0146% | 4h | 0.02158 | −2.043% | $189K | $29K | 50x | as long as short |
| KuCoin SPKUSDTM | +0.0398% | 4h | 0.02167 | −1.634% | $1.1M | $476K | 30x | as long as short |
| Kraken Futures PF_SPKUSD | +0.2100% | 1h | 0.02158 | −2.020% | $22K | $25K | 10x | as long as short |
Extended SPK-USD
BloFin SPK-USDT
KuCoin SPKUSDTM
Kraken Futures PF_SPKUSD