Settings8H · net · $10k
Funding arb · Price arb /

SPCH

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.077%7-day average −0.227% · you sell dearer than you buy
Net, funding: paid 7d − costs−$713as in the Funding arb table
Net, price: spread back to 7d avg − costs−$689as in the Price arb table
costs, in and out, $10k−$7197.192% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.058%+$6 on $10k
Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.077%, 7d avg −0.227%
Together, before fees−0.086%−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.305% dearer against Bybit than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of −0.227%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SPCHUSDT10.3260get 0.0000% / 8h41m 16s$174K$185K25x
ShortGate SPCH_USDT10.3340get 0.0000% / 8h41m 16s$232K$498K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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

Funding earned
$0
Price spread: +0.077% → −0.227%
$30.48
Slippage, 4 orders
−$693.2
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$688.72
Costs to cover
7.192%
Break-even
never at this rate
Slippage from Bybit: live order book, 44 min ago; Gate: live order book, 60 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 44 min ago10.16 bp133.1 bp −$1331043.9 bp −$10.4Kdoesn't fitdoesn't fit
Sell Gate live order book, 60 min ago27.56 bp226.2 bp −$226doesn't fitdoesn't fitdoesn't fit

SPCH on 5 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SPCHUSDTlong0.0000%8h10.326long leg$174K$185K25x
OKX SPCH-USDT-SWAP0.0000%8h10.331+0.048%$97K$278K10xas long as short
Gate SPCH_USDTshort0.0000%8h10.334+0.077%$232K$498K20x
Bitget SPCHUSDT0.0000%8h10.316−0.097%$212K$283K20xas long as short
HTX SPCH-USDT0.0000%8h10.324−0.019%$17K$396K20xas long as short