SPK

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0524%/8h= +57.4% APRnext payment +$2.62 per $10,000 · paid last 24h +0.161%

Price spread now: KuCoin against SunX−1.758%7-day average −1.933% · you buy dearer than you sell

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

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.167%+$17 on $10k

Price spread, last 4 days (all we have)+0.088%+$9 · spread now −1.758%, 7d avg −1.933%

Together, before fees+0.256%+$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and KuCoin is 0.175% dearer against SunX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −1.933%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.167% in total (about 8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.62 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	0.02219	0.0100	pay 0.0050% / 4h	3h 13m	$673	$1.1M	20x
Short	KuCoin SPKUSDTM	0.02180	0.0624	get 0.0312% / 4h	3h 13m	$1.1M	$388K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −1.758%Rate

Funding earned: $110.04
Price spread: −1.758% → −1.933%: $17.52
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $107.56
Costs to cover: 0.200%
Break-even: 0.2 days

Slippage unknown: SunX: live order book, 10 min ago; KuCoin: 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, 10 min ago	280.16 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	9.17 bp	59.3 bp −$59	doesn't fit	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
Gate SPK_USDT	+0.0012%	4h	0.02172	−2.118%	$146K	$146K	50x	as long as short
Aster SPKUSDT	+0.0087%	4h	0.02172	−2.123%	$19K	$81K	5x	as long as short
Binance SPKUSDT	+0.0100%	4h	0.02171	−2.163%	$3.8M	$5.6M	50x	as long as short
Bybit SPKUSDT	+0.0100%	4h	0.02171	−2.163%	$1.8M	$2.2M	25x	as long as short
OKX SPK-USDT-SWAP	+0.0100%	4h	0.02175	−1.983%	$740K	$2.1M	20x	as long as short
MEXC SPK_USDT	+0.0100%	4h	0.02171	−2.163%	$2.1M	$661K	50x	as long as short
Bitget SPKUSDT	+0.0100%	4h	0.02173	−2.073%	$1.2M	$1.3M	50x	as long as short
BingX SPK-USDT	+0.0100%	4h	0.02173	−2.073%	—	$2.3M	—	as long as short
Variational Omni SPK	+0.0100%	4h	0.02172	−2.110%	$171K	$67K	—	as long as short
SunX SPK-USDTlong	+0.0100%	4h	0.02219	long leg	$673	$1.1M	20x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended SPK-USD	+0.0104%	1h	0.02170	−2.189%	$3K	$201K	5x	as long as short
BloFin SPK-USDT	+0.0124%	4h	0.02170	−2.208%	$185K	$21K	50x	as long as short
KuCoin SPKUSDTMshort	+0.0624%	4h	0.02180	−1.758%	$1.1M	$388K	30x
Kraken Futures PF_SPKUSD	+0.6062%	1h	0.02173	−2.062%	$23K	$7K	10x	as long as short