SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0080%/8h= +8.7% APRnext payment +$0.80 per $10,000 · paid last 24h −0.036%

Price spread now: BloFin against Gate+0.020%48s7-day average +0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$60as 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−$380.377% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.223%−$22 on $10k

Price spread, last 3 days (all we have)+0.043%+$4 · spread now +0.020%, 7d avg +0.040%

Together, before fees−0.181%−$18 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.020% cheaper against Gate than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.040%). If the spread goes back, that is −$2 on $10k: about 20 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.223%, so the current rate has only just turned in your favour. The two prices were read 48 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	Gate SPCX_USDT	152.64	0	get 0.0000% / 8h	2h 22m	$96.4M	$31.0M	100x
Short	BloFin SPCX-USDT	152.67	0.0080	get 0.0080% / 8h	2h 22m	$1.9M	$1.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BloFinbpOrdersPrice spread, now +0.020%Rate

Funding earned: $16.71
Price spread: +0.020% → +0.040%: −$2.01
Slippage, 4 orders: −$10.66
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$22.95
Costs to cover: 0.377%
Break-even: 16.6 days

Slippage from Gate: live order book, 1 min ago; BloFin: 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 Gate live order book, 1 min ago	0.98 bp	10.7 bp −$11	17.3 bp −$173	44.1 bp −$4,406	84.8 bp −$42.4K
Sell BloFin live order book, 5 min ago	0.33 bp	8.3 bp −$8	9.1 bp −$91	13.4 bp −$1,339	18.3 bp −$9,156

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 −0.0271% / S +0.0488%	1h	152.59	−0.036%	$88K	—	20x	as long as short
Gate SPCX_USDTlong	0.0000%	8h	152.64	long leg	$96.4M	$31.0M	100x
GRVT SPCX_USDT_Perp	0.0000%	8h	172.50	+13.012%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.70	+0.039%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.86	+0.144%	$8K	$990K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.63	−0.007%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.54	−0.069%	$7K	$10K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.58	−0.039%	$2.4M	$7.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.020%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.63	−0.007%	—	$1.1M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps SPCX-USD	+0.0050%	1h	152.59	−0.033%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.63	−0.007%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.63	−0.007%	$541K	$403K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.51	−0.085%	$3.1M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0057%	1h	152.65	+0.007%	$1.2M	$7.6M	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0078%	1h	152.59	−0.033%	$70K	$1.1M	10x	as long as short
BloFin SPCX-USDTshort	+0.0080%	8h	152.67	+0.020%	$1.9M	$1.4M	75x
Lighter SPCX	+0.0088%	1h	152.60	−0.026%	$1.6M	$7.3M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.58	−0.039%	$175K	$135K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.50	−0.092%	$13.0M	$5.2M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.53	−0.072%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.67	+0.020%	$15K	$7K	10x	as long as short
Paradex SPCX-USD-PERP	+0.0103%	8h	152.66	+0.010%	$101	—	5x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.68	+0.026%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0144%	8h	152.65	+0.007%	$30.7M	$42.3M	100x	as long as short
OKX SPCX-USDT-SWAP	+0.0168%	8h	152.67	+0.020%	$39.0M	$168.2M	75x	as long as short
Variational Omni SPCX	+0.0169%	8h	152.64	0.000%	$6.1M	$4.3M	—	as long as short
tradeXYZ xyz:SPCX	+0.0184%	1h	152.59	−0.033%	$129.9M	$107.2M	20x	as long as short
Extended SPCX-USD	+0.0200%	1h	152.64	−0.003%	$715K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0201%	8h	152.66	+0.015%	$256.3M	$1.38B	75x	as long as short
Bullet SPCX-USD	+0.0207%	1h	152.66	+0.014%	$12K	$191K	10x	as long as short
Aster SPCXUSD1	+0.0228%	8h	152.71	+0.046%	$19.0M	$21.3M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0232%	1h	152.16	−0.314%	$739K	$963K	10x	as long as short
Phoenix SPCX	+0.0262%	1h	152.63	−0.007%	$370K	$191K	15x	as long as short
Arcus SPCX-USD	+0.0293%	1h	152.60	−0.026%	$106K	$296K	5x	as long as short
Nado SPCX-PERP	+0.0312%	1h	152.51	−0.087%	$624K	$878K	20x	as long as short
Bitget SPCXUSDT	+0.0336%	8h	152.65	+0.007%	$31.3M	$66.3M	75x	as long as short
RISEx SPCX/USDC	+0.0462%	1h	152.69	+0.036%	$383K	$540K	20x	as long as short
edgeX SPCXUSDC	+0.0768%	4h	152.65	+0.007%	$1.7M	$892K	20x	as long as short