Funding you earn now, next payment 08:00 UTC−0.0046%/8h= −5.1% APRnext payment −$0.46 per $10,000 · paid last 24h +0.015%
Price spread now: Gate against BloFin−0.007%63s7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as 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−$340.336% of the position
Funding, last 7 days+0.203%+$20 on $10k
+Price spread, last 4 days (all we have)−0.056%−$6 · spread now −0.007%, 7d avg −0.038%
=The price spread pays, funding is against you. Gate is 0.031% dearer against BloFin than usual: you sell high and buy low (spread −0.007% now, against its 7-day average of −0.038%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.203%, so the current rate has only just turned against you. The two prices were read 63 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 | BloFin SPCX-USDT | 153.10 | 0.0046 | pay 0.0046% / 8h | 4h 43m | $1.9M | $1.4M | 75x |
| Short | Gate SPCX_USDT | 153.09 | 0 | get 0.0000% / 8h | 4h 43m | $96.3M | $31.3M | 100x |
BloFin SPCX-USDT
Gate SPCX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$9.72
- Price spread: −0.007% → −0.038%
- $3.13
- Slippage, 4 orders
- −$6.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$40.23
- Costs to cover
- 0.336%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 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 BloFin live order book, 4 min ago | 0.33 bp | 6.3 bp −$6 | 7.8 bp −$78 | 8.3 bp −$830 | 12.8 bp −$6,407 |
| Sell Gate live order book, 5 min ago | 0.33 bp | 10.6 bp −$11 | 14.7 bp −$147 | 30.0 bp −$2,995 | 48.1 bp −$24.0K |
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 | 153.06 | −0.023% | $91K | — | 20x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 153.08 | −0.013% | $30.8M | $42.9M | 100x | as long as short |
| Gate SPCX_USDTshort | 0.0000% | 8h | 153.09 | −0.007% | $96.3M | $31.3M | 100x | |
| Bitget SPCXUSDT | 0.0000% | 8h | 153.14 | +0.026% | $31.7M | $65.4M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.688% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 153.01 | −0.059% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.33 | +0.150% | $8K | $936K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.09 | −0.007% | $1.3M | $1.7M | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0011% | 1h | 153.04 | −0.039% | $73K | $1.2M | 10x | as long as short |
| Aftermath Perps SPCXUSD | +0.0023% | 1h | 153.03 | −0.045% | $8K | $8K | 10x | as long as short |
GMX SPCX/USD [ETH-USDC]
Bybit SPCXUSDT
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 | 153.07 | −0.020% | $1.6M | $7.3M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 153.02 | −0.052% | $2.5M | $7.2M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 153.01 | −0.059% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.10 | 0.000% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0046% | 1h | 153.05 | −0.033% | $1.2M | $6.3M | 10x | as long as short |
| BloFin SPCX-USDTlong | +0.0046% | 8h | 153.10 | long leg | $1.9M | $1.4M | 75x | |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.06 | −0.026% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.08 | −0.013% | $1.7M | $95K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.09 | −0.007% | $533K | $397K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.92 | −0.118% | $3.2M | $2.5M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0066% | 8h | 153.09 | −0.007% | $101 | — | 5x | as long as short |
| tradeXYZ xyz:SPCX | +0.0077% | 1h | 153.07 | −0.020% | $141.5M | $119.2M | 20x | as long as short |
| Bullet SPCX-USD | +0.0088% | 1h | 153.11 | +0.006% | $11K | $192K | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 153.00 | −0.065% | $169K | $130K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.98 | −0.078% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.01 | −0.059% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.10 | 0.000% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.09 | −0.007% | $89 | — | 10x | as long as short |
| Nado SPCX-PERP | +0.0139% | 1h | 153.02 | −0.052% | $617K | $824K | 20x | as long as short |
| Variational Omni SPCX | +0.0154% | 8h | 153.07 | −0.022% | $6.0M | $3.1M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0158% | 8h | 153.13 | +0.020% | $39.5M | $167.0M | 75x | as long as short |
| Binance SPCXUSDT | +0.0165% | 8h | 153.11 | +0.008% | $252.3M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0168% | 1h | 153.07 | −0.020% | $738K | $3.8M | 10x | as long as short |
| RISEx SPCX/USDC | +0.0191% | 1h | 153.13 | +0.022% | $410K | $530K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.04 | −0.039% | $738K | $925K | 10x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 153.05 | −0.033% | $445K | $268K | 15x | as long as short |
| edgeX SPCXUSDC | +0.0297% | 4h | 153.05 | −0.030% | $1.7M | $893K | 20x | as long as short |
| Aster SPCXUSD1 | +0.0411% | 8h | 153.15 | +0.031% | $19.0M | $19.3M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.35 | +0.163% | $9K | $28K | 5.5x | as long as short |
Lighter SPCX
Lighter RH SPCX
Arcus SPCX-USD
Vest SPCX-USD-PERP
QFEX SPCX-USD
Polymarket Perps SPCX-USD
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
Binance SPCXUSDT
Extended SPCX-USD
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
edgeX SPCXUSDC
Aster SPCXUSD1
Injective SPCX/USDC PERP