Funding you earn now, next payment 08:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.21 per $10,000 · paid last 24h +0.039%
Price spread now: Coinbase International against Extended−0.054%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$270.265% of the position
Funding, last 7 days+0.248%+$25 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.054%, 7d avg +0.022%
=Together, before fees+0.201%+ Points / potential airdropExtended: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.076% cheaper against Extended than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of +0.022%). If the spread goes back, that is −$8 on $10k: about 36 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPCX-USD | 152.21 | 0.0112 | pay 0.0014% / 1h | 48m 58s | $725K | $5.3M | 10x |
| Short | Coinbase International SPCX-PERP-INTX | 152.13 | 0.0280 | get 0.0035% / 1h | 48m 58s | $693K | $992K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $35.28
- Price spread: −0.054% → +0.022%
- −$7.58
- Slippage, 4 orders
- −$11.5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $1.2
- Costs to cover
- 0.265%
- Break-even
- 6.8 days
Slippage from Extended: live order book, 5 min ago; Coinbase International: live order book, 49 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, 5 min ago | 1.97 bp | 4.5 bp −$4 | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 49 min ago | 2.95 bp | 9.4 bp −$9 | 11.8 bp −$118 | 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 −0.0187% / S +0.0435% | 1h | 152.18 | −0.024% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0011% | 8h | 152.27 | +0.038% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.25 | +0.025% | $30.4M | $43.0M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.22 | +0.005% | $96.2M | $31.9M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.28 | +0.045% | $31.0M | $66.8M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.32 | +0.071% | $300K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.55 | +0.222% | $8K | $862K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.28 | +0.045% | $1.3M | $1.8M | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0013% | 1h | 152.24 | +0.018% | $87K | $1.4M | 10x | as long as short |
| Aftermath Perps SPCXUSD | +0.0021% | 1h | 152.20 | −0.010% | $7K | $7K | 10x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0032% | 1h | 152.22 | +0.005% | $1.6M | $7.3M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.21 | −0.001% | $2.5M | $7.2M | 20x | as long as short |
| QFEX SPCX-USD | +0.0035% | 1h | 152.24 | +0.018% | $1.2M | $5.5M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.20 | −0.008% | $102K | $299K | 5x | as long as short |
| Bullet SPCX-USD | +0.0046% | 1h | 152.29 | +0.048% | $11K | $192K | 10x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.26 | +0.032% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.21 | −0.001% | $129.9M | $129.6M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.15 | −0.041% | $488K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.23 | +0.012% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.23 | +0.012% | $529K | $366K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.13 | −0.054% | $3.2M | $2.2M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0066% | 8h | 152.25 | +0.027% | $100 | — | 5x | as long as short |
| Nado SPCX-PERP | +0.0082% | 1h | 152.18 | −0.022% | $635K | $815K | 20x | as long as short |
| Variational Omni SPCX | +0.0092% | 8h | 152.28 | +0.045% | $5.9M | $2.8M | — | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.18 | −0.021% | $168K | $118K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.16 | −0.034% | $13.0M | $5.7M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.38 | +0.110% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.28 | +0.045% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.23 | +0.014% | $88 | — | 10x | as long as short |
| Binance SPCXUSDT | +0.0109% | 8h | 152.26 | +0.032% | $253.4M | $1.37B | 75x | as long as short |
| Extended SPCX-USDlong | +0.0112% | 1h | 152.21 | long leg | $725K | $5.3M | 10x | |
| OKX SPCX-USDT-SWAP | +0.0123% | 8h | 152.26 | +0.032% | $39.5M | $167.2M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0190% | 1h | 152.26 | +0.033% | $381K | $506K | 20x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.18 | −0.021% | $447K | $268K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTXshort | +0.0280% | 1h | 152.13 | −0.054% | $693K | $992K | 10x | |
| edgeX SPCXUSDC | +0.0311% | 4h | 152.31 | +0.066% | $1.7M | $890K | 20x | as long as short |
| Aster SPCXUSD1 | +0.0380% | 8h | 152.38 | +0.108% | $18.9M | $30.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.57 | +0.235% | $9K | $28K | 5.5x | as long as short |
Extended SPCX-USD
Coinbase International SPCX-PERP-INTX
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
Bullet SPCX-USD
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Variational Omni SPCX
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Binance SPCXUSDT
OKX SPCX-USDT-SWAP
RISEx SPCX/USDC
Phoenix SPCX
edgeX SPCXUSDC
Aster SPCXUSD1
Injective SPCX/USDC PERP