Funding you earn now, next payment 04:00 UTC−0.0115%/8h= −12.6% APRpaid last 24h −0.006%
Price spread now: Polymarket Perps against Binance−0.037%46s7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$210.206% of the position
Funding, last 7 days+0.045%+$5 on $10k
+Price spread, last 7 days−0.063%−$6 · spread now −0.037%, 7d avg −0.082%
=The price spread pays, funding is against you. Polymarket Perps is 0.044% dearer against Binance than usual: you sell high and buy low (spread −0.037% now, against its 7-day average of −0.082%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SPCXUSDT | 153.11 | 0.0165 | pay 0.0165% / 8h | 4h 44m | $252.3M | $1.37B | 75x |
| Short | Polymarket Perps SPCX-USD | 153.05 | 0.0050 | get 0.0006% / 1h | 44m 41s | $499K | $1.2M | 10x |
Binance SPCXUSDT
Polymarket Perps SPCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Binance. 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
- −$24.23
- Price spread: −0.037% → −0.082%
- $4.44
- Slippage, 4 orders
- −$2.61
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$40.41
- Costs to cover
- 0.206%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Polymarket Perps: live order book, 4 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, 14 min ago | 0.33 bp | 5.3 bp −$5 | 5.7 bp −$57 | 7.5 bp −$751 | 14.1 bp −$7,043 |
| Sell Polymarket Perps live order book, 4 min ago | 0.98 bp | 5.0 bp −$5 | 5.8 bp −$58 | 9.2 bp −$919 | 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 −0.0314% / S +0.0531% | 1h | 153.04 | −0.040% | $91K | — | 20x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 153.08 | −0.018% | $30.8M | $42.9M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.07 | −0.024% | $96.3M | $31.3M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 153.11 | +0.002% | $31.7M | $65.4M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.683% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 153.00 | −0.070% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.29 | +0.120% | $8K | $937K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.13 | +0.015% | $1.3M | $1.7M | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0011% | 1h | 153.03 | −0.050% | $73K | $1.2M | 10x | as long as short |
| Aftermath Perps SPCXUSD | +0.0023% | 1h | 153.04 | −0.045% | $8K | $8K | 10x | as long as short |
GMX SPCX/USD [ETH-USDC]
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
Aftermath Perps SPCXUSDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0032% | 1h | 153.05 | −0.037% | $1.6M | $7.3M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 153.00 | −0.070% | $2.5M | $7.2M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 153.01 | −0.063% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.09 | −0.011% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0046% | 1h | 153.03 | −0.050% | $1.2M | $6.3M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0046% | 8h | 153.10 | −0.004% | $1.9M | $1.4M | 75x | as long as short |
| Polymarket Perps SPCX-USDshort | +0.0050% | 1h | 153.05 | −0.037% | $499K | $1.2M | 10x | |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.06 | −0.031% | $1.7M | $93K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.09 | −0.011% | $533K | $398K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.92 | −0.122% | $3.2M | $2.5M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0066% | 8h | 153.09 | −0.012% | $101 | — | 5x | as long as short |
| tradeXYZ xyz:SPCX | +0.0075% | 1h | 153.06 | −0.031% | $141.5M | $119.2M | 20x | as long as short |
| Bullet SPCX-USD | +0.0086% | 1h | 153.09 | −0.011% | $11K | $192K | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 153.00 | −0.070% | $169K | $130K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.97 | −0.089% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.01 | −0.063% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.10 | −0.004% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.08 | −0.017% | $89 | — | 10x | as long as short |
| Nado SPCX-PERP | +0.0139% | 1h | 153.02 | −0.056% | $617K | $826K | 20x | as long as short |
| Variational Omni SPCX | +0.0154% | 8h | 153.07 | −0.026% | $6.0M | $3.1M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0158% | 8h | 153.11 | +0.002% | $39.5M | $167.0M | 75x | as long as short |
| Binance SPCXUSDTlong | +0.0165% | 8h | 153.11 | long leg | $252.3M | $1.37B | 75x | |
| Extended SPCX-USD | +0.0168% | 1h | 153.05 | −0.037% | $738K | $3.8M | 10x | as long as short |
| RISEx SPCX/USDC | +0.0191% | 1h | 153.12 | +0.009% | $410K | $530K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.04 | −0.044% | $738K | $925K | 10x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 153.05 | −0.037% | $445K | $268K | 15x | as long as short |
| edgeX SPCXUSDC | +0.0297% | 4h | 153.05 | −0.034% | $1.7M | $893K | 20x | as long as short |
| Aster SPCXUSD1 | +0.0411% | 8h | 153.15 | +0.026% | $19.0M | $19.3M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.35 | +0.159% | $9K | $28K | 5.5x | as long as short |
Lighter SPCX
Lighter RH SPCX
Arcus SPCX-USD
Vest SPCX-USD-PERP
QFEX SPCX-USD
BloFin SPCX-USDT
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
Paradex SPCX-USD-PERP
tradeXYZ xyz:SPCX
Bullet SPCX-USD
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Nado SPCX-PERP
Variational Omni SPCX
OKX SPCX-USDT-SWAP
Extended SPCX-USD
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
edgeX SPCXUSDC
Aster SPCXUSD1
Injective SPCX/USDC PERP