SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0126%/8h= −13.8% APRnext payment −$1.26 per $10,000 · paid last 24h +0.009%

Price spread now: KuCoin against Binance−0.091%7-day average −0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$370.371% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 2 days (all we have)+0.011%+$1 · spread now −0.091%, 7d avg −0.060%

Together, before fees−0.047%−$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.032% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.060%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SPCXUSDT	153.09	0.0226	pay 0.0226% / 8h	7h 29m	$253.2M	$1.38B	75x
Short	KuCoin SPCXUSDTM	152.95	0.0100	get 0.0100% / 8h	7h 29m	$13.0M	$5.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.091%Rate

Funding earned: −$26.51
Price spread: −0.091% → −0.060%: −$3.19
Slippage, 4 orders: −$15.06
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$66.76
Costs to cover: 0.371%
Break-even: never at this rate

Slippage from Binance: live order book, 15 min ago; KuCoin: 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, 15 min ago	0.33 bp	5.3 bp −$5	5.3 bp −$53	10.6 bp −$1,056	18.6 bp −$9,279
Sell KuCoin live order book, 5 min ago	0.98 bp	15.7 bp −$16	40.8 bp −$408	doesn't fit	doesn't fit

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 −0.0313% / S +0.0517%	1h	153.03	−0.036%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.05	−0.026%	$96.4M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.690%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.91	−0.118%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.29	+0.131%	$8K	$957K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.08	−0.007%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	152.94	−0.097%	$7K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.99	−0.065%	$2.5M	$7.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.717%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.05	−0.026%	—	$1.2M	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	+0.0048%	1h	153.00	−0.059%	$1.6M	$7.4M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.05	−0.026%	$1.7M	$86K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.09	0.000%	$534K	$414K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.85	−0.157%	$3.2M	$2.6M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0054%	1h	153.04	−0.033%	$489K	$1.1M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.04	−0.033%	$1.2M	$7.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0099%	8h	153.09	−0.001%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.93	−0.105%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTMshort	+0.0100%	8h	152.95	−0.091%	$13.0M	$5.5M	20x
ApeX Omni SPCXUSDT	+0.0100%	1h	153.02	−0.046%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.08	−0.007%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.05	−0.024%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0106%	8h	153.09	0.000%	$1.9M	$1.4M	75x	as long as short
Bybit SPCXUSDT	+0.0174%	8h	153.09	0.000%	$30.9M	$42.8M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	152.96	−0.085%	$105K	$297K	5x	as long as short
OKX SPCX-USDT-SWAP	+0.0208%	8h	153.10	+0.007%	$39.2M	$169.0M	75x	as long as short
Variational Omni SPCX	+0.0210%	8h	153.02	−0.045%	$6.0M	$3.5M	—	as long as short
Extended SPCX-USD	+0.0224%	1h	153.05	−0.026%	$734K	$4.0M	10x	as long as short
Binance SPCXUSDTlong	+0.0226%	8h	153.09	long leg	$253.2M	$1.38B	75x
Nado SPCX-PERP	+0.0234%	1h	152.96	−0.083%	$604K	$848K	20x	as long as short
Bullet SPCX-USD	+0.0247%	1h	153.08	−0.006%	$11K	$188K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0247%	1h	153.03	−0.039%	$143.1M	$119.4M	20x	as long as short
edgeX SPCXUSDC	+0.0257%	4h	153.02	−0.048%	$1.7M	$894K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0273%	1h	153.01	−0.052%	$71K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.04	−0.033%	$445K	$271K	15x	as long as short
Bitget SPCXUSDT	+0.0317%	8h	153.10	+0.007%	$31.3M	$66.4M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.01	−0.052%	$731K	$979K	10x	as long as short
Aster SPCXUSD1	+0.0353%	8h	153.07	−0.011%	$19.0M	$18.6M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.09	−0.003%	$401K	$535K	20x	as long as short