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

SPK

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRnext payment $0.01 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against SunX−2.341%7-day average −2.101% · 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−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.275%+$28 · spread now −2.341%, 7d avg −2.101%
Together, before fees+0.274%+$27 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.240% cheaper against SunX than usual: you would sell low and buy high, −$24 on $10k if it goes back to its 7-day average of −2.101%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SPK-USDT0.022210.0100pay 0.0050% / 4h1m 17s$868$1.2M20x
ShortBloFin SPK-USDT0.021690.0099get 0.0049% / 4h1m 17s$188K$21K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against SunX. 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
−$0.26
Price spread: −2.341% → −2.101%
−$24.01
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$44.28
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 2 min ago; BloFin: live order book, 4 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 SunX live order book, 2 min ago276.84 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago2.30 bp11.0 bp −$1144.0 bp −$440doesn't fitdoesn't fit

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
Bybit SPKUSDT−0.0158%4h0.02173−2.170%$1.8M$2.3M25xas long as short
Gate SPK_USDT−0.0086%4h0.02172−2.206%$146K$152K50xas long as short
BloFin SPK-USDTshort+0.0099%4h0.02169−2.341%$188K$21K50x
Aster SPKUSDT+0.0100%4h0.02175−2.080%$19K$81K5xas long as short
Binance SPKUSDT+0.0100%4h0.02172−2.197%$3.8M$5.8M50xas long as short
OKX SPK-USDT-SWAP+0.0100%4h0.02174−2.116%$741K$2.1M20xas long as short
MEXC SPK_USDT+0.0100%4h0.02171−2.251%$2.1M$654K50xas long as short
Bitget SPKUSDT+0.0100%4h0.02171−2.251%$1.2M$1.4M50xas long as short
BingX SPK-USDT+0.0100%4h0.02174−2.116%$2.3Mas long as short
Variational Omni SPK+0.0100%4h0.02175−2.084%$172K$82Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SPK-USDTlong+0.0100%4h0.02221long leg$868$1.2M20x
Extended SPK-USD+0.0104%1h0.02171−2.233%$4K$197K5xas long as short
KuCoin SPKUSDTM+0.0708%4h0.02179−1.891%$1.1M$453K30xas long as short
Kraken Futures PF_SPKUSD+0.2408%1h0.02192−1.285%$23K$25K10xas long as short