Funding you earn now, next payment 07:00 UTC+0.0205%/8h= +22.4% APRnext payment +$0.26 per $10,000 · paid last 24h +0.005%
Price spread now: RISEx against Coinbase International+0.023%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$260.255% of the position
Funding, last 4 days (all we have)−0.088%−$9 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.023%, 7d avg +0.046%
=Funding pays, the price is against you. RISEx is 0.023% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.023% now, against its 7-day average of +0.046%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 4 days funding on this pair cost −0.088%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SPCX-PERP-INTX | 152.34 | 0.0240 | pay 0.0030% / 1h | 13m 49s | $728K | $930K | 10x |
| Short | RISEx SPCX/USDC | 152.37 | 0.0445 | get 0.0056% / 1h | 13m 49s | $381K | $507K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Coinbase International. 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
- $42.99
- Price spread: +0.023% → +0.046%
- −$2.31
- Slippage, 4 orders
- −$9.53
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $15.15
- Costs to cover
- 0.255%
- Break-even
- 4.5 days
Slippage from Coinbase International: live order book, 25 min ago; RISEx: live order book, 24 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 Coinbase International live order book, 25 min ago | 2.95 bp | 8.1 bp −$8 | 10.7 bp −$107 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 24 min ago | 0.98 bp | 4.0 bp −$4 | 4.9 bp −$49 | 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 −0.0187% / S +0.0435% | 1h | 152.24 | −0.069% | $90K | — | 20x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.32 | −0.013% | $30.5M | $42.8M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.31 | −0.020% | $96.2M | $32.0M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.34 | 0.000% | $31.2M | $66.2M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.251% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.33 | −0.007% | $300K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.56 | +0.144% | $8K | $889K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.39 | +0.033% | $1.3M | $1.8M | 75x | as long as short |
| BloFin SPCX-USDT | +0.0007% | 8h | 152.31 | −0.020% | $1.9M | $1.2M | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0013% | 1h | 152.28 | −0.039% | $89K | $1.4M | 10x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SPCXUSD | +0.0023% | 1h | 152.22 | −0.081% | $7K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.24 | −0.066% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.22 | −0.079% | $2.5M | $7.3M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.24 | −0.066% | $103K | $298K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.32 | −0.013% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.23 | −0.072% | $129.7M | $129.3M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.27 | −0.046% | $488K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.29 | −0.033% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.31 | −0.020% | $530K | $371K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.17 | −0.112% | $3.2M | $2.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0070% | 1h | 152.28 | −0.039% | $1.2M | $5.5M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0078% | 8h | 152.32 | −0.010% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.23 | −0.072% | $168K | $119K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.17 | −0.112% | $13.0M | $5.6M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.32 | −0.013% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.29 | −0.033% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.31 | −0.018% | $88 | — | 10x | as long as short |
| Variational Omni SPCX | +0.0115% | 8h | 152.29 | −0.032% | $5.9M | $2.8M | — | as long as short |
| Binance SPCXUSDT | +0.0126% | 8h | 152.34 | −0.002% | $253.2M | $1.36B | 75x | as long as short |
| Bullet SPCX-USD | +0.0127% | 1h | 152.33 | −0.007% | $11K | $192K | 10x | as long as short |
| Extended SPCX-USD | +0.0128% | 1h | 152.29 | −0.030% | $724K | $5.3M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0141% | 8h | 152.34 | 0.000% | $39.7M | $166.7M | 75x | as long as short |
| Nado SPCX-PERP | +0.0156% | 1h | 152.26 | −0.055% | $631K | $804K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0230% | 4h | 152.30 | −0.027% | $1.7M | $891K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTXlong | +0.0240% | 1h | 152.34 | long leg | $728K | $930K | 10x | |
| Phoenix SPCX | +0.0368% | 1h | 152.31 | −0.020% | $444K | $266K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0396% | 8h | 152.42 | +0.052% | $18.9M | $29.9M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.58 | +0.158% | $9K | $28K | 5.5x | as long as short |
| RISEx SPCX/USDCshort | +0.0445% | 1h | 152.37 | +0.023% | $381K | $507K | 20x |
Coinbase International SPCX-PERP-INTX
RISEx SPCX/USDC
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
BloFin SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Variational Omni SPCX
Binance SPCXUSDT
Bullet SPCX-USD
Extended SPCX-USD
OKX SPCX-USDT-SWAP
edgeX SPCXUSDC
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP