Funding you earn now, next payment 00:00 UTC+0.0127%/8h= +13.9% APRnext payment +$1.27 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Gate+0.033%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$370.366% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now +0.033%, 7d avg +0.027%
=The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPCX_USDT | 152.56 | 0 | get 0.0000% / 8h | 2h 33m | $96.3M | $31.0M | 100x |
| Short | Bybit SPCXUSDT | 152.61 | 0.0127 | get 0.0127% / 8h | 2h 33m | $30.7M | $42.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Gate. 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
- $26.72
- Price spread: +0.033% → +0.027%
- $0.56
- Slippage, 4 orders
- −$10.62
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$9.35
- Costs to cover
- 0.366%
- Break-even
- 9.4 days
Slippage from Gate: live order book, 5 min ago; Bybit: 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, 5 min ago | 0.98 bp | 8.5 bp −$8 | 17.5 bp −$175 | 46.5 bp −$4,647 | 83.1 bp −$41.6K |
| Sell Bybit live order book, 5 min ago | 0.33 bp | 8.2 bp −$8 | 12.4 bp −$124 | 22.8 bp −$2,279 | 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 −0.0271% / S +0.0488% | 1h | 152.53 | −0.016% | $88K | — | 20x | as long as short |
| Gate SPCX_USDTlong | 0.0000% | 8h | 152.56 | long leg | $96.3M | $31.0M | 100x | |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.50 | +13.071% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.60 | +0.026% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.77 | +0.138% | $8K | $989K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.59 | +0.020% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0024% | 1h | 152.49 | −0.043% | $7K | $10K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.52 | −0.026% | $2.4M | $7.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +3.074% | $9K | $27K | 5.5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.57 | +0.007% | — | $1.0M | 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 | 152.53 | −0.020% | $488K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.57 | +0.007% | $1.7M | $79K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.59 | +0.020% | $542K | $402K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.46 | −0.066% | $3.1M | $2.6M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0056% | 8h | 152.62 | +0.039% | $1.9M | $1.4M | 75x | as long as short |
| QFEX SPCX-USD | +0.0057% | 1h | 152.57 | +0.007% | $1.2M | $7.6M | 10x | as long as short |
| Lighter SPCX | +0.0072% | 1h | 152.54 | −0.013% | $1.6M | $7.3M | 20x | as long as short |
| Paradex SPCX-USD-PERP | +0.0087% | 8h | 152.59 | +0.018% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.51 | −0.033% | $175K | $135K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.45 | −0.072% | $13.0M | $5.2M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.61 | +0.033% | $58K | $270K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.58 | +0.013% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.60 | +0.028% | $89 | — | 10x | as long as short |
| Bybit SPCXUSDTshort | +0.0127% | 8h | 152.61 | +0.033% | $30.7M | $42.2M | 100x | |
| Deribit SPCX_USDC-PERPETUAL | +0.0143% | 1h | 152.55 | −0.007% | $70K | $1.1M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0147% | 8h | 152.60 | +0.026% | $39.0M | $167.9M | 75x | as long as short |
| Variational Omni SPCX | +0.0147% | 8h | 152.58 | +0.013% | $6.1M | $4.3M | — | as long as short |
| tradeXYZ xyz:SPCX | +0.0175% | 1h | 152.54 | −0.013% | $129.9M | $107.1M | 20x | as long as short |
| Bullet SPCX-USD | +0.0176% | 1h | 152.59 | +0.017% | $12K | $191K | 10x | as long as short |
| Extended SPCX-USD | +0.0176% | 1h | 152.58 | +0.016% | $715K | $3.6M | 10x | as long as short |
| Binance SPCXUSDT | +0.0178% | 8h | 152.60 | +0.027% | $256.0M | $1.38B | 75x | as long as short |
| Aster SPCXUSD1 | +0.0204% | 8h | 152.64 | +0.055% | $19.0M | $21.3M | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0232% | 1h | 152.16 | −0.262% | $739K | $963K | 10x | as long as short |
| Phoenix SPCX | +0.0262% | 1h | 152.51 | −0.033% | $370K | $191K | 15x | as long as short |
| Arcus SPCX-USD | +0.0293% | 1h | 152.54 | −0.013% | $106K | $296K | 5x | as long as short |
| Nado SPCX-PERP | +0.0301% | 1h | 152.45 | −0.070% | $624K | $878K | 20x | as long as short |
| Bitget SPCXUSDT | +0.0327% | 8h | 152.58 | +0.013% | $31.2M | $66.3M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0462% | 1h | 152.63 | +0.043% | $383K | $543K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0752% | 4h | 152.53 | −0.021% | $1.7M | $892K | 20x | as long as short |
Gate SPCX_USDT
Bybit SPCXUSDT
GMX SPCX/USD [ETH-USDC]
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Injective SPCX/USDC PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
BloFin SPCX-USDT
Lighter SPCX
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Deribit SPCX_USDC-PERPETUAL
OKX SPCX-USDT-SWAP
Variational Omni SPCX
tradeXYZ xyz:SPCX
Bullet SPCX-USD
Extended SPCX-USD
Binance SPCXUSDT
Aster SPCXUSD1
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Bitget SPCXUSDT
RISEx SPCX/USDC
edgeX SPCXUSDC