SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0112%/8h= −12.3% APRnext payment −$1.12 per $10,000 · paid last 24h −0.021%

Price spread now: Gate against Binance−0.012%7-day average −0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$340.342% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 7 days−0.028%−$3 · spread now −0.012%, 7d avg −0.043%

Together, before fees−0.079%−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.030% dearer against Binance than usual: you sell high and buy low (spread −0.012% now, against its 7-day average of −0.043%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.051% in total) that is about 4.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SPCXUSDT	152.63	0.0112	pay 0.0112% / 8h	2h 19m	$250.8M	$1.36B	75x
Short	Gate SPCX_USDT	152.61	0	get 0.0000% / 8h	2h 19m	$96.1M	$31.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now −0.012%Rate

Funding earned: −$23.51
Price spread: −0.012% → −0.043%: $3.04
Slippage, 4 orders: −$9.21
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$54.67
Costs to cover: 0.342%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; Gate: live order book, 5 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 Binance live order book, 10 min ago	0.33 bp	5.3 bp −$5	5.7 bp −$57	9.8 bp −$979	22.0 bp −$11.0K
Sell Gate live order book, 5 min ago	0.98 bp	11.0 bp −$11	16.1 bp −$161	35.5 bp −$3,548	55.1 bp −$27.5K

SPCX on 39 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
GMX SPCX/USD [ETH-USDC]	L −0.0187% / S +0.0435%	1h	152.50	−0.081%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0008%	8h	152.64	+0.007%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.63	+0.001%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDTshort	0.0000%	8h	152.61	−0.012%	$96.1M	$31.8M	100x
Bitget SPCXUSDT	0.0000%	8h	152.66	+0.020%	$31.3M	$65.8M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.037%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.67	+0.027%	$300K	$2.8M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.82	+0.125%	$8K	$906K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.67	+0.027%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0020%	1h	152.47	−0.101%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0032%	1h	152.57	−0.039%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.53	−0.065%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.50	−0.085%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.57	−0.039%	$1.2M	$5.5M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.60	−0.019%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.49	−0.091%	$130.9M	$128.6M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.56	−0.045%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.59	−0.026%	$1.7M	$96K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.63	+0.001%	$531K	$388K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.47	−0.104%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0058%	8h	152.63	0.000%	$101	—	5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0078%	1h	152.57	−0.039%	$88K	$1.3M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.52	−0.071%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.51	−0.078%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.58	−0.032%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.60	−0.019%	$15K	$7K	10x	as long as short
Variational Omni SPCX	+0.0102%	8h	152.59	−0.027%	$6.0M	$2.8M	—	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.62	−0.008%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0110%	1h	152.53	−0.062%	$612K	$803K	20x	as long as short
Binance SPCXUSDTlong	+0.0112%	8h	152.63	long leg	$250.8M	$1.36B	75x
Extended SPCX-USD	+0.0112%	1h	152.60	−0.019%	$731K	$4.6M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0119%	8h	152.66	+0.020%	$39.5M	$166.5M	75x	as long as short
Bullet SPCX-USD	+0.0143%	1h	152.63	+0.001%	$11K	$193K	10x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.65	+0.012%	$408K	$513K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.124%	$739K	$923K	10x	as long as short
Phoenix SPCX	+0.0263%	1h	152.58	−0.032%	$444K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0369%	8h	152.62	−0.007%	$18.9M	$24.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.70	+0.046%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0990%	4h	152.59	−0.026%	$1.7M	$892K	20x	as long as short