Funding you earn now, next payment 00:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.61 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.007%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$260.265% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 2 days (all we have)+0.026%+$3 · spread now −0.007%, 7d avg +0.012%
=The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SPCXUSDT | 152.98 | 0.0144 | pay 0.0144% / 8h | 49m 21s | $30.7M | $42.7M | 100x |
| Short | Binance SPCXUSDT | 152.97 | 0.0205 | get 0.0205% / 8h | 49m 21s | $253.9M | $1.38B | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $12.82
- Price spread: −0.007% → +0.012%
- −$1.8
- Slippage, 4 orders
- −$5.47
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$15.46
- Costs to cover
- 0.265%
- Break-even
- 15.4 days
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 10 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 Bybit live order book, 4 min ago | 0.65 bp | 8.9 bp −$9 | 12.8 bp −$128 | 61.3 bp −$6,127 | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.33 bp | 5.3 bp −$5 | 5.9 bp −$59 | 11.0 bp −$1,097 | 22.1 bp −$11.0K |
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 −0.0272% / S +0.0488% | 1h | 152.97 | −0.003% | $89K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.96 | −0.013% | $96.7M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.770% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.92 | −0.039% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.23 | +0.163% | $8K | $973K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.00 | +0.013% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0029% | 1h | 153.03 | +0.033% | $8K | $10K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.95 | −0.020% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.94 | −0.026% | $2.5M | $7.6M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +2.791% | $9K | $27K | 5.5x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus SPCX-USD | +0.0040% | 1h | 152.92 | −0.039% | $106K | $296K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.96 | −0.013% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.94 | −0.026% | $490K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.00 | +0.013% | $1.7M | $79K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.99 | +0.007% | $538K | $405K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.87 | −0.072% | $3.2M | $2.7M | 10x | as long as short |
| QFEX SPCX-USD | +0.0052% | 1h | 152.95 | −0.020% | $1.2M | $7.6M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0081% | 8h | 152.97 | −0.004% | $101 | — | 5x | as long as short |
| Bullet SPCX-USD | +0.0085% | 1h | 152.97 | −0.006% | $11K | $188K | 10x | as long as short |
| BloFin SPCX-USDT | +0.0086% | 8h | 153.06 | +0.052% | $1.9M | $1.4M | 75x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.89 | −0.059% | $173K | $132K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.86 | −0.078% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.93 | −0.033% | $58K | $270K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.99 | +0.007% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.02 | +0.029% | $89 | — | 10x | as long as short |
| Bybit SPCXUSDTlong | +0.0144% | 8h | 152.98 | long leg | $30.7M | $42.7M | 100x | |
| Variational Omni SPCX | +0.0188% | 8h | 153.00 | +0.010% | $6.0M | $3.5M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0194% | 8h | 152.97 | −0.007% | $39.0M | $169.4M | 75x | as long as short |
| Binance SPCXUSDTshort | +0.0205% | 8h | 152.97 | −0.007% | $253.9M | $1.38B | 75x | |
| Extended SPCX-USD | +0.0208% | 1h | 152.96 | −0.012% | $734K | $3.6M | 10x | as long as short |
| Nado SPCX-PERP | +0.0257% | 1h | 152.87 | −0.070% | $603K | $882K | 20x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 153.01 | +0.020% | $446K | $269K | 15x | as long as short |
| tradeXYZ xyz:SPCX | +0.0279% | 1h | 152.97 | −0.007% | $143.7M | $118.4M | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0280% | 1h | 152.97 | −0.007% | $733K | $970K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0281% | 8h | 153.05 | +0.046% | $19.0M | $21.3M | 20x | as long as short |
| Bitget SPCXUSDT | +0.0311% | 8h | 153.00 | +0.013% | $31.2M | $67.2M | 75x | as long as short |
| edgeX SPCXUSDC | +0.0319% | 4h | 153.00 | +0.013% | $1.7M | $893K | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0339% | 1h | 152.99 | +0.007% | $71K | $1.0M | 10x | as long as short |
| RISEx SPCX/USDC | +0.0339% | 1h | 153.06 | +0.052% | $403K | $538K | 20x | as long as short |
Bybit SPCXUSDT
Binance SPCXUSDT
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
Injective SPCX/USDC PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Bullet SPCX-USD
BloFin SPCX-USDT
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Variational Omni SPCX
OKX SPCX-USDT-SWAP
Extended SPCX-USD
Phoenix SPCX
tradeXYZ xyz:SPCX
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
Bitget SPCXUSDT
edgeX SPCXUSDC
Deribit SPCX_USDC-PERPETUAL
RISEx SPCX/USDC