SPK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0682%/8h= +74.7% APRnext payment +$3.41 per $10,000 · paid last 24h +0.137%

Price spread now: KuCoin against Variational Omni+0.834%7-day average +0.212% · you sell dearer than you buy

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

Long on Variational Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.148%+$15 on $10k

Price spread, last 4 days (all we have)−0.819%−$82 · spread now +0.834%, 7d avg +0.212%

Together, before fees−0.671%+ Points / potential airdropVariational Omni: Active · farm board−$67 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and KuCoin is 0.623% dearer against Variational Omni than usual: you sell high and buy low: +$62 more if the spread goes back to its 7-day average of +0.212%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.148% in total (about 15.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.41 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	0.02142	0.0100	pay 0.0050% / 4h	2h 19m	$169K	$82K	—
Short	KuCoin SPKUSDTM	0.02160	0.0782	get 0.0391% / 4h	2h 19m	$1.1M	$476K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 KuCoinbpOrdersPrice spread, now +0.834%Rate

Funding earned: $143.22
Price spread: +0.834% → +0.212%: $62.26
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $193.48
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 30 min ago; KuCoin: live order book, 6 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, 30 min ago	11.52 bp	doesn't fit	135.9 bp −$1,359	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	11.65 bp	67.0 bp −$67	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
Bybit SPKUSDT	−0.0041%	4h	0.02150	+0.368%	$1.8M	$2.2M	25x	as long as short
Aster SPKUSDT	+0.0025%	4h	0.02152	+0.475%	$18K	$80K	5x	as long as short
BloFin SPK-USDT	+0.0094%	4h	0.02146	+0.181%	$186K	$25K	50x	as long as short
Binance SPKUSDT	+0.0100%	4h	0.02151	+0.420%	$3.8M	$5.8M	50x	as long as short
OKX SPK-USDT-SWAP	+0.0100%	4h	0.02152	+0.461%	$737K	$2.1M	20x	as long as short
Gate SPK_USDT	+0.0100%	4h	0.02151	+0.414%	$147K	$136K	50x	as long as short
MEXC SPK_USDT	+0.0100%	4h	0.02151	+0.414%	$2.1M	$641K	50x	as long as short
Bitget SPKUSDT	+0.0100%	4h	0.02151	+0.414%	$1.2M	$1.4M	50x	as long as short
BingX SPK-USDT	+0.0100%	4h	0.02151	+0.414%	—	$2.3M	—	as long as short
Variational Omni SPKlong	+0.0100%	4h	0.02142	long leg	$169K	$82K	—

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SPK-USDT	+0.0100%	4h	0.02199	+2.655%	$801	$1.2M	20x	as long as short
Extended SPK-USD	+0.0104%	1h	0.02150	+0.386%	$3K	$193K	5x	as long as short
KuCoin SPKUSDTMshort	+0.0782%	4h	0.02160	+0.834%	$1.1M	$476K	30x
Kraken Futures PF_SPKUSD	+0.0920%	1h	0.02154	+0.556%	$22K	$25K	10x	as long as short