Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: Binance against BloFin0.000%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$240.240% of the position
Funding, last 7 days+0.253%+$25 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now 0.000%, 7d avg +0.002%
=The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SPCX-USDT | 152.58 | −0.0059 | get 0.0059% / 8h | 6h 19m | $1.9M | $1.2M | 75x |
| Short | Binance SPCXUSDT | 152.58 | 0.0061 | get 0.0061% / 8h | 6h 19m | $252.0M | $1.38B | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $25.2
- Price spread: 0.000% → +0.002%
- −$0.2
- Slippage, 4 orders
- −$1.96
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $1.04
- Costs to cover
- 0.240%
- Break-even
- 6.7 days
Slippage from BloFin: live order book, 2 min ago; Binance: live order book, 3 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 BloFin live order book, 2 min ago | 0.33 bp | 6.3 bp −$6 | 7.4 bp −$74 | 10.7 bp −$1,075 | 16.7 bp −$8,360 |
| Sell Binance live order book, 3 min ago | 0.33 bp | 5.3 bp −$5 | 5.6 bp −$56 | 10.3 bp −$1,026 | 21.7 bp −$10.8K |
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 | 152.50 | −0.056% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDTlong | −0.0059% | 8h | 152.58 | long leg | $1.9M | $1.2M | 75x | |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.60 | +0.013% | $30.2M | $43.4M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.56 | −0.013% | $96.1M | $32.5M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.62 | +0.026% | $31.0M | $66.9M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.58 | 0.000% | $306K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.82 | +0.157% | $8K | $827K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.49 | −0.059% | $50K | $1.5M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.62 | +0.026% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0019% | 1h | 152.56 | −0.011% | $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 | +0.0031% | 1h | 152.56 | −0.013% | $1.2M | $5.4M | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.51 | −0.046% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.48 | −0.066% | $2.5M | $7.3M | 20x | as long as short |
| Variational Omni SPCX | +0.0037% | 8h | 152.54 | −0.024% | $5.9M | $2.7M | — | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.47 | −0.072% | $102K | $295K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.53 | −0.033% | — | $1.3M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.49 | −0.059% | $128.8M | $129.1M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.60 | +0.013% | $489K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.54 | −0.026% | $1.7M | $102K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.54 | −0.026% | $532K | $363K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.40 | −0.118% | $3.1M | $2.1M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0051% | 8h | 152.54 | −0.024% | $101 | — | 5x | as long as short |
| Binance SPCXUSDTshort | +0.0061% | 8h | 152.58 | 0.000% | $252.0M | $1.38B | 75x | |
| Extended SPCX-USD | +0.0064% | 1h | 152.53 | −0.031% | $726K | $5.4M | 10x | as long as short |
| RISEx SPCX/USDC | +0.0068% | 1h | 152.59 | +0.003% | $351K | $518K | 20x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0088% | 8h | 152.60 | +0.013% | $39.4M | $168.4M | 75x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.49 | −0.059% | $169K | $117K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.44 | −0.092% | $13.0M | $6.0M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.46 | −0.079% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.58 | 0.000% | $14K | $7K | 10x | as long as short |
| Bullet SPCX-USD | +0.0101% | 1h | 152.58 | 0.000% | $11K | $191K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.54 | −0.029% | $88 | — | 10x | as long as short |
| Nado SPCX-PERP | +0.0119% | 1h | 152.49 | −0.058% | $633K | $805K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0184% | 1h | 152.48 | −0.066% | $687K | $1.0M | 10x | as long as short |
| Phoenix SPCX | +0.0209% | 1h | 152.55 | −0.020% | $448K | $271K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0384% | 8h | 152.70 | +0.079% | $19.0M | $30.6M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.78 | +0.131% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0700% | 4h | 152.54 | −0.024% | $1.7M | $890K | 20x | as long as short |
BloFin SPCX-USDT
Binance SPCXUSDT
GMX SPCX/USD [ETH-USDC]
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
StandX SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
Variational Omni SPCX
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Extended SPCX-USD
RISEx SPCX/USDC
OKX SPCX-USDT-SWAP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Bullet SPCX-USD
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC