SPK

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0624%/8h= −68.3% APRnext payment −$3.12 per $10,000 · paid last 24h −0.013%

Price spread now: Gate against Variational Omni−0.075%7-day average +0.050% · you buy dearer than you sell

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

Long on Variational Omni Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.002%$0 on $10k

Price spread, last 4 days (all we have)−0.131%−$13 · spread now −0.075%, 7d avg +0.050%

Together, before fees−0.133%+ Points / potential airdropVariational Omni: Active · farm board−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Gate is 0.125% cheaper against Variational Omni than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.050%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.002% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.12 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	Variational Omni SPK	0.02163	0.0100	pay 0.0050% / 4h	1h 45m	$175K	$76K	—
Short	Gate SPK_USDT	0.02161	−0.0524	pay 0.0262% / 4h	1h 45m	$141K	$130K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Variational Omni. 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 Variational OmnibpFee GatebpOrdersPrice spread, now −0.075%Rate

Funding earned: −$131.04
Price spread: −0.075% → +0.050%: −$12.53
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$158.57
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 19 min ago; Gate: live order book, 10 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 Variational Omni RFQ quote, 19 min ago	9.18 bp	doesn't fit	156.0 bp −$1,560	doesn't fit	doesn't fit
Sell Gate live order book, 10 min ago	13.82 bp	158.3 bp −$158	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_USDTshort	−0.0524%	4h	0.02161	−0.075%	$141K	$130K	50x
Aster SPKUSDT	−0.0131%	4h	0.02166	+0.157%	$12K	$72K	5x	as long as short
Binance SPKUSDT	+0.0100%	4h	0.02164	+0.064%	$3.7M	$5.7M	50x	as long as short
Bybit SPKUSDT	+0.0100%	4h	0.02165	+0.128%	$1.9M	$2.2M	25x	as long as short
OKX SPK-USDT-SWAP	+0.0100%	4h	0.02168	+0.249%	$763K	$2.0M	20x	as long as short
MEXC SPK_USDT	+0.0100%	4h	0.02165	+0.110%	$2.2M	$641K	50x	as long as short
KuCoin SPKUSDTM	+0.0100%	4h	0.02171	+0.387%	$1.1M	$476K	30x	as long as short
Bitget SPKUSDT	+0.0100%	4h	0.02166	+0.156%	$1.2M	$1.5M	50x	as long as short
BingX SPK-USDT	+0.0100%	4h	0.02167	+0.202%	—	$2.3M	—	as long as short
Variational Omni SPKlong	+0.0100%	4h	0.02163	long leg	$175K	$76K	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SPK-USDT	+0.0100%	4h	0.02213	+2.330%	$934	$1.2M	20x	as long as short
Extended SPK-USD	+0.0104%	1h	0.02163	+0.038%	$723	$147K	5x	as long as short
BloFin SPK-USDT	+0.0156%	4h	0.02164	+0.064%	$189K	$31K	50x	as long as short
Kraken Futures PF_SPKUSD	+0.2745%	1h	0.02185	+1.025%	$23K	$28K	10x	as long as short