SPK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0183%/8h= −20.0% APRnext payment −$0.91 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against SunX−2.035%46s7-day average −2.148% · you buy dearer than you sell

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

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.127%−$13 on $10k

Price spread, last 4 days (all we have)−0.089%−$9 · spread now −2.035%, 7d avg −2.148%

Together, before fees−0.216%−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.112% dearer against SunX than usual: you sell high and buy low (spread −2.035% now, against its 7-day average of −2.148%): +$11 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 7 days (−0.127% in total) that is about 6.2 days. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SPK-USDT	0.02211	0.0100	pay 0.0050% / 4h	14m 29s	$1K	$1.2M	20x
Short	Bybit SPKUSDT	0.02166	−0.0083	pay 0.0041% / 4h	14m 29s	$1.8M	$2.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee SunXbpFee BybitbpOrdersPrice spread, now −2.035%Rate

Funding earned: −$38.33
Price spread: −2.035% → −2.148%: $11.25
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$46.08
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: SunX: live order book, 9 min ago; Bybit: live order book, 2 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 SunX live order book, 9 min ago	276.02 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	4.62 bp	43.1 bp −$43	154.9 bp −$1,549	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
Bybit SPKUSDTshort	−0.0083%	4h	0.02166	−2.035%	$1.8M	$2.3M	25x
Gate SPK_USDT	−0.0028%	4h	0.02165	−2.081%	$146K	$141K	50x	as long as short
BloFin SPK-USDT	+0.0085%	4h	0.02164	−2.126%	$187K	$21K	50x	as long as short
Aster SPKUSDT	+0.0100%	4h	0.02167	−1.990%	$19K	$81K	5x	as long as short
Binance SPKUSDT	+0.0100%	4h	0.02165	−2.081%	$3.8M	$5.8M	50x	as long as short
OKX SPK-USDT-SWAP	+0.0100%	4h	0.02165	−2.081%	$739K	$2.1M	20x	as long as short
MEXC SPK_USDT	+0.0100%	4h	0.02166	−2.035%	$2.1M	$653K	50x	as long as short
Bitget SPKUSDT	+0.0100%	4h	0.02165	−2.081%	$1.2M	$1.4M	50x	as long as short
BingX SPK-USDT	+0.0100%	4h	0.02164	−2.126%	—	$2.3M	—	as long as short
Variational Omni SPK	+0.0100%	4h	0.02162	−2.231%	$170K	$82K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SPK-USDTlong	+0.0100%	4h	0.02211	long leg	$1K	$1.2M	20x
Extended SPK-USD	+0.0104%	1h	0.02164	−2.107%	$631	$195K	5x	as long as short
KuCoin SPKUSDTM	+0.0648%	4h	0.02172	−1.764%	$1.1M	$455K	30x	as long as short
Kraken Futures PF_SPKUSD	+0.2422%	1h	0.02180	−1.395%	$23K	$25K	10x	as long as short