Funding you earn now, next payment 02:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.07 per $10,000 · paid last 24h +0.010%
Price spread now: Bullet against Extended+0.020%7-day average +0.041% · 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−$21as in the Price arb table
costs, in and out, $10k−$190.194% of the position
Funding, last 3 days (all we have)+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)+0.946%+$95 · spread now +0.020%, 7d avg +0.041%
=Together, before fees+1.037%+ Points / potential airdropExtended: Active · farm board+$104 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bullet is 0.020% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.041%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.091%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPCX-USD | 153.06 | 0.0224 | pay 0.0028% / 1h | 20m 34s | $736K | $3.8M | 10x |
| Short | Bullet SPCX-USD | 153.09 | 0.0171 | get 0.0021% / 1h | 20m 34s | $11K | $189K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Extended. 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
- −$11.15
- Price spread: +0.020% → +0.041%
- −$2.04
- Slippage, 4 orders
- −$6.36
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$32.54
- Costs to cover
- 0.194%
- Break-even
- never at this rate
Slippage from Extended: live order book, 3 min ago; Bullet: live order book, 48 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 Extended live order book, 3 min ago | 0.33 bp | 2.8 bp −$3 | 5.5 bp −$55 | doesn't fit | doesn't fit |
| Sell Bullet live order book, 48 min ago | 0.65 bp | 8.0 bp −$8 | 20.8 bp −$208 | doesn't fit | doesn't fit |
SPCX on 38 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 −0.0344% / S +0.0539% | 1h | 153.04 | −0.008% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.07 | +0.008% | $96.0M | $31.3M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.719% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.98 | −0.051% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.36 | +0.198% | $8K | $946K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.12 | +0.041% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0024% | 1h | 152.97 | −0.058% | $8K | $8K | 10x | as long as short |
| edgeX SPCXUSDC | +0.0027% | 4h | 153.07 | +0.008% | $1.7M | $893K | 20x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 153.05 | −0.005% | $1.6M | $7.2M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 153.02 | −0.025% | $2.5M | $7.3M | 20x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SPCX/USDC PERP | +0.0033% | 1h | 153.32 | +0.171% | $9K | $27K | 5.5x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 153.01 | −0.031% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.05 | −0.005% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0049% | 1h | 153.05 | −0.005% | $1.2M | $6.7M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.03 | −0.018% | $501K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.06 | +0.002% | $1.7M | $90K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.09 | +0.021% | $534K | $405K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.92 | −0.090% | $3.2M | $2.6M | 10x | as long as short |
| Bybit SPCXUSDT | +0.0086% | 8h | 153.11 | +0.034% | $30.8M | $43.0M | 100x | as long as short |
| Paradex SPCX-USD-PERP | +0.0089% | 8h | 153.10 | +0.030% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.97 | −0.057% | $169K | $133K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 153.01 | −0.031% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.14 | +0.054% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.09 | +0.021% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.09 | +0.021% | $89 | — | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0142% | 1h | 153.03 | −0.018% | $72K | $1.1M | 10x | as long as short |
| Bitget SPCXUSDT | +0.0145% | 8h | 153.13 | +0.047% | $31.9M | $66.2M | 75x | as long as short |
| Bullet SPCX-USDshort | +0.0171% | 1h | 153.09 | +0.020% | $11K | $189K | 10x | |
| tradeXYZ xyz:SPCX | +0.0181% | 1h | 153.04 | −0.011% | $142.4M | $119.1M | 20x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0197% | 8h | 153.11 | +0.034% | $39.4M | $169.0M | 75x | as long as short |
| Variational Omni SPCX | +0.0208% | 8h | 153.07 | +0.006% | $6.0M | $3.3M | — | as long as short |
| Binance SPCXUSDT | +0.0222% | 8h | 153.09 | +0.018% | $252.8M | $1.37B | 75x | as long as short |
| Extended SPCX-USDlong | +0.0224% | 1h | 153.06 | long leg | $736K | $3.8M | 10x | |
| Nado SPCX-PERP | +0.0244% | 1h | 152.98 | −0.048% | $622K | $838K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0288% | 1h | 152.97 | −0.057% | $738K | $983K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 153.08 | +0.015% | $445K | $270K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0408% | 8h | 153.13 | +0.050% | $19.0M | $14.8M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0410% | 1h | 153.13 | +0.044% | $408K | $539K | 20x | as long as short |
Extended SPCX-USD
Bullet SPCX-USD
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
edgeX SPCXUSDC
Lighter SPCX
Lighter RH SPCX
Injective SPCX/USDC PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Bybit SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Deribit SPCX_USDC-PERPETUAL
Bitget SPCXUSDT
tradeXYZ xyz:SPCX
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Binance SPCXUSDT
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
RISEx SPCX/USDC