Spark Funding Rate (SPK)

Compare Spark perpetual funding rates across exchanges in real time · OI-weighted composite rate · updated every minute

Spark current price: $0.01526

Rate MatrixHeatmapCumulative Fees

SPK Funding Rate by Exchange

Next settlement --:--:--
#ExchangeFunding RateAPRSettlement IntervalNext SettlementOpen Interest
1Binance+0.0050%+10.95%4h00:00 UTC$3.0M
2Bybit+0.0050%+10.95%4h00:00 UTC$1.2M
3KuCoin+0.0050%+10.95%4h00:00 UTC$0.9M
4MEXC+0.0050%$0.8M
5Bitget+0.0050%+10.95%4h$0.8M
6Gate-0.0014%-3.07%4h00:00 UTC$0.1M
7Kraken+0.0050%$0.0M
8Aster+0.0050%+10.95%4h00:00 UTC$0.0M
9Crypto.comhighest+0.0216%$0.0M
10BingX+0.0050%00:00 UTC
11Bitunix+0.0050%+10.95%4h00:00 UTC
12LBank+0.0050%00:00 UTC
APR = period rate × (24 / settlement interval) × 365. Shown as — when the exchange's settlement interval is unknown.
Simple Average
+0.0059%
OI-Weighted Rate
+0.0049%
Volume-Weighted Rate
+0.0049%

SPK Funding Rate History

SPK Cumulative Funding Cost

Cumulative settled funding rate by exchange over each window — positive means longs paid shorts (cost of holding a long), negative means shorts paid longs.

Exchange1D7D30D90D
Binance+0.0050%+0.1770%+0.5842%+1.0537%

About Spark Funding Rate

What is the SPK funding rate?

The SPK funding rate is a periodic payment between long and short traders on Spark perpetual futures, designed to keep the contract price anchored to the spot index. When the rate is positive, longs pay shorts; when negative, shorts pay longs. It is the main ongoing cost (or income) of holding a leveraged SPK perpetual position.

What does a positive or negative SPK funding rate mean?

A persistently positive SPK funding rate signals crowded long positioning and bullish sentiment — longs keep paying to stay in the trade. A negative rate signals short-side dominance and bearish sentiment. Extreme funding rates in either direction often indicate an overcrowded trade and raise the risk of a sharp reversal or short squeeze/long squeeze.

What is the current SPK funding rate?

As of now, the SPK funding rate averages 0.0059% across 12 exchanges CoinBoss tracks, and the rate is positive. This figure updates in real time — check the table above for the latest per-exchange breakdown and the OI-weighted composite rate.

Which exchange has the highest SPK funding rate?

Right now cryptocom shows the highest (or most extreme) SPK funding rate among tracked exchanges, at 0.0216%. Funding rates can vary meaningfully across exchanges due to differences in order-book premium, index price and leverage demand — creating potential funding rate arbitrage opportunities.
Most exchanges settle funding every 8 hours (00:00 / 08:00 / 16:00 UTC). Actual settlement intervals may vary by exchange and contract.