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AfterFees

Borrow rates · SPK

Borrow SPK: rates on every exchange

Annualised margin borrow rates for SPK at VIP 0, and whether borrowing it to collect negative funding pays after every cost.

Updated 2026-10-29 14:51 UTC

SPK borrow rates by exchange

ExchangeNow24 h avg7-day avgRate countedPer-account limitPlatform remainingStatus
Bitget1.59%1.79%6.18%1.79%$206.5K$33KBorrowable
Bybit10.83%11.22%11.17%11.22%$8.5Knot publishedBorrowable
OKX13.51%14.04%13.96%14.04%$4.7Knot publishedBorrowable
Binance28.13%34.38%33.37%34.38%$6.1Knot publishedBorrowable
Gate58.95%59.10%49.35%59.10% *$20Knot publishedBorrowable

Annualised simply (hourly rate × 8,760). Rate counted = the higher of the current rate and the 24 h average, as in every calculation on AfterFees. * Gate: rate × the published VIP multiplier (inferred).

Reverse carry on SPK: borrow and sell spot, long the perp

No reverse SPK carry nets a profit at this size right now.

At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.

SPK perps, most negative funding first

ExchangeContractRateEveryAnnualised
KrakenPF_SPKUSD-0.0186%1 h−162.9%
KuCoinSPKUSDTM0.0050%4 h+10.9%
MEXCSPK_USDT0.0050%4 h+10.9%
OKXSPK-USDT-SWAP0.0050%4 h+10.9%
BitgetSPKUSDT0.0050%4 h+10.9%
BingXSPK-USDT0.0050%4 h+10.9%
BybitSPKUSDT0.0050%4 h+10.9%
AsterSPKUSDT0.0050%4 h+10.9%

Coins

Funding rates and every arbitrage on this coinSPK

Questions

Where is it cheapest to borrow SPK?

Bitget, at 1.79% a year at the rate we count (the higher of the current rate and the 24 h average), among 5 exchanges that lend SPK.

Can I earn negative funding on SPK by borrowing it?

Not right now: no reverse SPK carry covers its borrow interest, fees and slippage at $10,000 for 7 days.

The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.