Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate−0.059%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$490.491% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 7 days+0.012%+$1 · spread now −0.059%, 7d avg −0.019%
=Funding pays, the price is against you. KuCoin is 0.040% cheaper against Gate than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of −0.019%). If the spread goes back, that is −$4 on $10k: about 32 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPCX_USDT | 153.01 | 0 | get 0.0000% / 8h | 6h 43m | $96.3M | $31.2M | 100x |
| Short | KuCoin SPCXUSDTM | 152.92 | 0.0100 | get 0.0100% / 8h | 6h 43m | $13.0M | $5.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.059% → −0.019%
- −$3.99
- Slippage, 4 orders
- −$22.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$32.1
- Costs to cover
- 0.491%
- Break-even
- 17.7 days
Slippage from Gate: live order book, 6 min ago; KuCoin: live order book, 10 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, 6 min ago | 0.65 bp | 11.2 bp −$11 | 17.0 bp −$170 | 48.1 bp −$4,807 | 83.3 bp −$41.6K |
| Sell KuCoin live order book, 10 min ago | 0.65 bp | 10.1 bp −$10 | 37.3 bp −$373 | 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 −0.0342% / S +0.0538% | 1h | 153.00 | −0.010% | $88K | — | 20x | as long as short |
| Gate SPCX_USDTlong | 0.0000% | 8h | 153.01 | long leg | $96.3M | $31.2M | 100x | |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.753% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.98 | −0.020% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.26 | +0.163% | $8K | $949K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.98 | −0.020% | $72K | $1.1M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.04 | +0.020% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0024% | 1h | 152.93 | −0.052% | $7K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.98 | −0.020% | $1.6M | $7.2M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.96 | −0.033% | $2.5M | $7.2M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SPCX/USDC PERP | +0.0033% | 1h | 153.32 | +0.203% | $9K | $27K | 5.5x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.95 | −0.039% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.04 | +0.020% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0049% | 1h | 153.01 | 0.000% | $1.2M | $7.0M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.00 | −0.007% | $501K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.00 | −0.007% | $1.7M | $87K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.02 | +0.007% | $535K | $407K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.84 | −0.111% | $3.2M | $2.6M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0083% | 8h | 153.04 | +0.021% | $101 | — | 5x | as long as short |
| Bybit SPCXUSDT | +0.0086% | 8h | 153.04 | +0.020% | $30.9M | $42.9M | 100x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.93 | −0.052% | $169K | $133K | 10x | as long as short |
| KuCoin SPCXUSDTMshort | +0.0100% | 8h | 152.92 | −0.059% | $13.0M | $5.5M | 20x | |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.02 | +0.007% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.01 | 0.000% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.02 | +0.009% | $89 | — | 10x | as long as short |
| BloFin SPCX-USDT | +0.0116% | 8h | 153.03 | +0.013% | $1.9M | $1.4M | 75x | as long as short |
| Bullet SPCX-USD | +0.0140% | 1h | 153.03 | +0.015% | $11K | $190K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0156% | 1h | 153.00 | −0.007% | $142.4M | $119.8M | 20x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0200% | 8h | 153.05 | +0.026% | $39.4M | $168.9M | 75x | as long as short |
| Bitget SPCXUSDT | +0.0211% | 8h | 153.06 | +0.033% | $31.8M | $66.5M | 75x | as long as short |
| Variational Omni SPCX | +0.0217% | 8h | 152.98 | −0.019% | $6.0M | $3.3M | — | as long as short |
| Binance SPCXUSDT | +0.0229% | 8h | 153.03 | +0.013% | $252.8M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0232% | 1h | 152.99 | −0.012% | $734K | $3.8M | 10x | as long as short |
| Nado SPCX-PERP | +0.0257% | 1h | 152.95 | −0.040% | $620K | $842K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0288% | 1h | 153.14 | +0.085% | $728K | $977K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 153.02 | +0.007% | $445K | $270K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0392% | 8h | 153.11 | +0.066% | $19.0M | $17.2M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0410% | 1h | 153.06 | +0.029% | $408K | $539K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0635% | 4h | 152.99 | −0.015% | $1.7M | $894K | 20x | as long as short |
Gate SPCX_USDT
KuCoin SPCXUSDTM
GMX SPCX/USD [ETH-USDC]
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
Injective SPCX/USDC PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Bybit SPCXUSDT
Pacifica SPCX
ApeX Omni SPCXUSDT
BloFin SPCX-USDT
Bullet SPCX-USD
tradeXYZ xyz:SPCX
OKX SPCX-USDT-SWAP
Bitget SPCXUSDT
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
RISEx SPCX/USDC
edgeX SPCXUSDC