Funding you earn now, next payment 00:00 UTC+0.0195%/8h= +21.4% APRnext payment +$1.95 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against HTX+0.022%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$310.309% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 2 days (all we have)−0.012%−$1 · spread now +0.022%, 7d avg +0.002%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.020% dearer against HTX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.002%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.030% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SPCX-USDT | 152.61 | 0 | get 0.0000% / 8h | 2h 26m | $1.3M | $1.7M | 75x |
| Short | Binance SPCXUSDT | 152.64 | 0.0195 | get 0.0195% / 8h | 2h 26m | $256.0M | $1.38B | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- $40.99
- Price spread: +0.022% → +0.002%
- $2.01
- Slippage, 4 orders
- −$8.86
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $12.15
- Costs to cover
- 0.309%
- Break-even
- 4.9 days
Slippage from HTX: live order book, 3 min ago; Binance: live order book, 3 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 HTX live order book, 3 min ago | 1.31 bp | 11.5 bp −$12 | 13.6 bp −$136 | 20.6 bp −$2,057 | doesn't fit |
| Sell Binance live order book, 3 min ago | 0.33 bp | 5.5 bp −$6 | 6.6 bp −$66 | 12.7 bp −$1,266 | 23.3 bp −$11.6K |
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 | −0.016% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.62 | +0.007% | $96.4M | $31.0M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.50 | +13.035% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.64 | +0.020% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.80 | +0.125% | $8K | $990K | 10x | as long as short |
| HTX SPCX-USDTlong | 0.0000% | 8h | 152.61 | long leg | $1.3M | $1.7M | 75x | |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.54 | −0.048% | $7K | $10K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.56 | −0.033% | $2.4M | $7.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +3.040% | $9K | $27K | 5.5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.60 | −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 | 152.58 | −0.020% | $489K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.64 | +0.020% | $1.7M | $79K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.63 | +0.013% | $541K | $402K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.52 | −0.059% | $3.1M | $2.6M | 10x | as long as short |
| QFEX SPCX-USD | +0.0057% | 1h | 152.64 | +0.020% | $1.2M | $7.6M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0071% | 8h | 152.66 | +0.033% | $1.9M | $1.4M | 75x | as long as short |
| Lighter SPCX | +0.0088% | 1h | 152.58 | −0.020% | $1.6M | $7.3M | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.58 | −0.020% | $175K | $135K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.49 | −0.079% | $13.0M | $5.2M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.64 | +0.020% | $58K | $270K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.67 | +0.039% | $15K | $7K | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0101% | 8h | 152.67 | +0.037% | $101 | — | 5x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.66 | +0.035% | $89 | — | 10x | as long as short |
| Bybit SPCXUSDT | +0.0142% | 8h | 152.62 | +0.007% | $30.7M | $42.3M | 100x | as long as short |
| Variational Omni SPCX | +0.0157% | 8h | 152.60 | −0.008% | $6.1M | $4.3M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0162% | 8h | 152.66 | +0.033% | $39.0M | $168.1M | 75x | as long as short |
| tradeXYZ xyz:SPCX | +0.0187% | 1h | 152.58 | −0.020% | $129.9M | $107.2M | 20x | as long as short |
| Extended SPCX-USD | +0.0192% | 1h | 152.63 | +0.012% | $715K | $3.6M | 10x | as long as short |
| Binance SPCXUSDTshort | +0.0195% | 8h | 152.64 | +0.022% | $256.0M | $1.38B | 75x | |
| Bullet SPCX-USD | +0.0203% | 1h | 152.65 | +0.027% | $12K | $190K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0209% | 1h | 152.58 | −0.020% | $70K | $1.1M | 10x | as long as short |
| Aster SPCXUSD1 | +0.0222% | 8h | 152.70 | +0.059% | $19.0M | $21.3M | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0232% | 1h | 152.16 | −0.295% | $739K | $963K | 10x | as long as short |
| Phoenix SPCX | +0.0262% | 1h | 152.61 | 0.000% | $370K | $191K | 15x | as long as short |
| Arcus SPCX-USD | +0.0293% | 1h | 152.59 | −0.013% | $106K | $296K | 5x | as long as short |
| Nado SPCX-PERP | +0.0312% | 1h | 152.47 | −0.091% | $624K | $878K | 20x | as long as short |
| Bitget SPCXUSDT | +0.0332% | 8h | 152.64 | +0.020% | $31.3M | $66.3M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0462% | 1h | 152.68 | +0.046% | $383K | $540K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0611% | 4h | 152.60 | −0.008% | $1.7M | $894K | 20x | as long as short |
HTX SPCX-USDT
Binance SPCXUSDT
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX 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
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Paradex SPCX-USD-PERP
Bybit SPCXUSDT
Variational Omni SPCX
OKX SPCX-USDT-SWAP
tradeXYZ xyz:SPCX
Extended SPCX-USD
Bullet SPCX-USD
Deribit SPCX_USDC-PERPETUAL
Aster SPCXUSD1
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Bitget SPCXUSDT
RISEx SPCX/USDC
edgeX SPCXUSDC