Funding you earn now, next payment 02:00 UTC+0.0384%/8h= +42.1% APRnext payment +$0.48 per $10,000 · paid last 24h +0.093%
Price spread now: Arcus against GMX−0.023%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Arcus is 0.023% cheaper against GMX than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SPCX/USD [ETH-USDC] | 153.04 | L −0.0344% / S +0.0539% | get 0.0043% / 1h | 20m 45s | $88K | — | 20x |
| Short | Arcus SPCX-USD | 153.01 | 0.0040 | get 0.0005% / 1h | 20m 45s | $105K | $297K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against GMX. 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
- $80.74
- Price spread: −0.023% → 0.000%
- −$2.29
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $61.95
- Costs to cover
- 0.165%
- Break-even
- 1.6 days
Slippage unknown: GMX: no order-book sample; Arcus: live order book, 48 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 48 min ago | 6.20 bp | 10.7 bp −$11 | 14.0 bp −$140 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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]long | L −0.0344% / S +0.0539% | 1h | 153.04 | long leg | $88K | — | 20x | |
| Gate SPCX_USDT | 0.0000% | 8h | 153.07 | +0.016% | $96.0M | $31.3M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.728% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.98 | −0.042% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.36 | +0.206% | $8K | $946K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.12 | +0.049% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.97 | −0.051% | $7K | $8K | 10x | as long as short |
| edgeX SPCXUSDC | +0.0027% | 4h | 153.07 | +0.016% | $1.7M | $893K | 20x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 153.05 | +0.003% | $1.6M | $7.2M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 153.02 | −0.016% | $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 | +0.180% | $9K | $27K | 5.5x | as long as short |
| Arcus SPCX-USDshort | +0.0040% | 1h | 153.01 | −0.023% | $105K | $297K | 5x | |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.05 | +0.003% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0049% | 1h | 153.05 | +0.003% | $1.2M | $6.8M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.04 | −0.003% | $501K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.06 | +0.010% | $1.7M | $90K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.09 | +0.029% | $534K | $405K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.92 | −0.082% | $3.2M | $2.6M | 10x | as long as short |
| Bybit SPCXUSDT | +0.0086% | 8h | 153.11 | +0.042% | $30.8M | $43.0M | 100x | as long as short |
| Paradex SPCX-USD-PERP | +0.0089% | 8h | 153.10 | +0.038% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.97 | −0.049% | $169K | $133K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 153.01 | −0.023% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.14 | +0.062% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.09 | +0.029% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.09 | +0.029% | $89 | — | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0142% | 1h | 153.03 | −0.010% | $72K | $1.1M | 10x | as long as short |
| Bitget SPCXUSDT | +0.0145% | 8h | 153.13 | +0.056% | $31.9M | $66.2M | 75x | as long as short |
| Bullet SPCX-USD | +0.0170% | 1h | 153.10 | +0.034% | $11K | $189K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0181% | 1h | 153.05 | +0.003% | $142.4M | $119.1M | 20x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0197% | 8h | 153.12 | +0.049% | $39.4M | $169.0M | 75x | as long as short |
| Variational Omni SPCX | +0.0208% | 8h | 153.07 | +0.014% | $6.0M | $3.3M | — | as long as short |
| Binance SPCXUSDT | +0.0222% | 8h | 153.10 | +0.033% | $252.9M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0224% | 1h | 153.06 | +0.008% | $736K | $3.8M | 10x | as long as short |
| Nado SPCX-PERP | +0.0244% | 1h | 152.99 | −0.036% | $622K | $838K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0288% | 1h | 152.97 | −0.049% | $738K | $983K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 153.08 | +0.023% | $445K | $270K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0408% | 8h | 153.13 | +0.058% | $19.0M | $14.8M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0410% | 1h | 153.13 | +0.052% | $408K | $539K | 20x | as long as short |
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
Bullet SPCX-USD
tradeXYZ xyz:SPCX
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
RISEx SPCX/USDC