Funding you earn now, next payment 11:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%
Price spread now: tradeXYZ against Arcus−0.013%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$350.349% of the position
Funding, last 4 days (all we have)−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now −0.013%, 7d avg −0.003%
=Together, before fees−0.080%+ Points / potential airdroptradeXYZ: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SPCX-USD | 152.59 | 0.0040 | pay 0.0005% / 1h | 46m 43s | $103K | $294K | 5x |
| Short | tradeXYZ xyz:SPCX | 152.57 | 0.0050 | get 0.0006% / 1h | 46m 43s | $128.3M | $129.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $2.04
- Price spread: −0.013% → −0.003%
- −$1.04
- Slippage, 4 orders
- −$12.36
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$33.86
- Costs to cover
- 0.349%
- Break-even
- 123.1 days
Slippage from Arcus: live order book, 64 min ago; tradeXYZ: live order book, 6 min ago.
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 Arcus live order book, 64 min ago | 5.24 bp | 7.5 bp −$7 | 11.9 bp −$119 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 0.65 bp | 9.7 bp −$10 | 9.9 bp −$99 | 12.7 bp −$1,268 | doesn't fit |
SPCX on 38 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| GMX SPCX/USD [ETH-USDC] | L −0.0187% / S +0.0435% | 1h | 152.59 | +0.003% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0057% | 8h | 152.69 | +0.066% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.68 | +0.059% | $30.1M | $43.3M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.66 | +0.046% | $96.3M | $32.7M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.72 | +0.085% | $31.0M | $67.0M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.72 | +0.085% | $306K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.94 | +0.229% | $8K | $817K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.56 | −0.020% | $44K | $1.4M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.76 | +0.111% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0021% | 1h | 152.66 | +0.048% | $7K | $7K | 10x | as long as short |
Show all 38 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SPCX-USD | +0.0030% | 1h | 152.64 | +0.033% | $1.2M | $5.4M | 10x | as long as short |
| Variational Omni SPCX | +0.0032% | 8h | 152.70 | +0.070% | $5.9M | $2.7M | — | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.60 | +0.007% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.58 | −0.007% | $2.5M | $7.2M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 152.78 | +0.125% | $9K | $28K | 5.5x | as long as short |
| Arcus SPCX-USDlong | +0.0040% | 1h | 152.59 | long leg | $103K | $294K | 5x | |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.65 | +0.039% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCXshort | +0.0050% | 1h | 152.57 | −0.013% | $128.3M | $129.7M | 20x | |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.63 | +0.026% | $1.7M | $101K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.60 | +0.007% | $533K | $369K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.56 | −0.020% | $3.0M | $2.1M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0050% | 8h | 152.65 | +0.037% | $101 | — | 5x | as long as short |
| Bullet SPCX-USD | +0.0051% | 1h | 152.69 | +0.068% | $12K | $191K | 10x | as long as short |
| RISEx SPCX/USDC | +0.0051% | 1h | 152.71 | +0.075% | $351K | $510K | 20x | as long as short |
| Binance SPCXUSDT | +0.0062% | 8h | 152.67 | +0.052% | $251.8M | $1.38B | 75x | as long as short |
| Extended SPCX-USD | +0.0064% | 1h | 152.62 | +0.019% | $728K | $5.4M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0086% | 8h | 152.71 | +0.079% | $39.5M | $168.5M | 75x | as long as short |
| Polymarket Perps SPCX-USD | +0.0090% | 1h | 152.71 | +0.079% | $487K | $1.1M | 10x | as long as short |
| Nado SPCX-PERP | +0.0094% | 1h | 152.64 | +0.030% | $633K | $806K | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.56 | −0.020% | $169K | $118K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.62 | +0.020% | $13.0M | $6.2M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.75 | +0.105% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.67 | +0.052% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.65 | +0.039% | $89 | — | 10x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0136% | 1h | 152.70 | +0.072% | $735K | $1.1M | 10x | as long as short |
| Phoenix SPCX | +0.0209% | 1h | 152.68 | +0.059% | $448K | $271K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0401% | 8h | 152.83 | +0.157% | $19.0M | $30.6M | 20x | as long as short |
| edgeX SPCXUSDC | +0.0436% | 4h | 152.70 | +0.070% | $1.7M | $890K | 20x | as long as short |
tradeXYZ xyz:SPCX
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
StandX SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Variational Omni SPCX
Lighter SPCX
Lighter RH SPCX
Injective SPCX/USDC PERP
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Bullet SPCX-USD
RISEx SPCX/USDC
Binance SPCXUSDT
Extended SPCX-USD
OKX SPCX-USDT-SWAP
Polymarket Perps SPCX-USD
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
edgeX SPCXUSDC