SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0301%/8h= +33.0% APRnext payment +$3.01 per $10,000 · paid last 24h +0.038%

Price spread now: Bitget against HTX+0.039%46s7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$26as 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−$350.345% of the position

Long on HTX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.081%+$8 on $10k

Price spread, last 3 days (all we have)−0.038%−$4 · spread now +0.039%, 7d avg +0.008%

Together, before fees+0.043%+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bitget is 0.032% dearer against HTX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.008%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.081% in total (about 4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.01 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	153.07	0	get 0.0000% / 8h	7h 14m	$1.3M	$1.7M	75x
Short	Bitget SPCXUSDT	153.13	0.0301	get 0.0301% / 8h	7h 14m	$31.3M	$66.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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 HTXbpFee BitgetbpOrdersPrice spread, now +0.039%Rate

Funding earned: $63.21
Price spread: +0.039% → +0.008%: $3.16
Slippage, 4 orders: −$10.53
Fee HTX: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: $31.83
Costs to cover: 0.345%
Break-even: 3.5 days

Slippage from HTX: live order book, 4 min ago; Bitget: 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 HTX live order book, 4 min ago	2.61 bp	10.4 bp −$10	11.0 bp −$110	14.9 bp −$1,495	doesn't fit
Sell Bitget live order book, 5 min ago	0.65 bp	6.8 bp −$7	8.3 bp −$83	24.9 bp −$2,493	39.2 bp −$19.6K

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 −0.0322% / S +0.0524%	1h	153.04	−0.016%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.07	0.000%	$96.4M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.706%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.93	−0.091%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.29	+0.144%	$8K	$954K	10x	as long as short
HTX SPCX-USDTlong	0.0000%	8h	153.07	long leg	$1.3M	$1.7M	75x
Aftermath Perps SPCXUSD	+0.0028%	1h	152.99	−0.052%	$8K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.03	−0.026%	$2.5M	$7.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.731%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.09	+0.013%	—	$1.2M	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	153.05	−0.013%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.06	−0.007%	$1.7M	$86K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.06	−0.007%	$534K	$407K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.92	−0.098%	$3.2M	$2.6M	10x	as long as short
Lighter SPCX	+0.0056%	1h	153.03	−0.026%	$1.6M	$7.4M	20x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.04	−0.020%	$1.2M	$7.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0097%	8h	153.11	+0.025%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.99	−0.052%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.99	−0.052%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.13	+0.039%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.09	+0.013%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.09	+0.011%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0121%	8h	153.09	+0.013%	$1.9M	$1.4M	75x	as long as short
Bybit SPCXUSDT	+0.0159%	8h	153.11	+0.026%	$30.9M	$42.8M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	153.01	−0.039%	$105K	$297K	5x	as long as short
edgeX SPCXUSDC	+0.0207%	4h	153.06	−0.006%	$1.7M	$894K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0208%	1h	153.04	−0.020%	$71K	$1.1M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0216%	8h	153.11	+0.026%	$39.3M	$169.1M	75x	as long as short
tradeXYZ xyz:SPCX	+0.0223%	1h	153.05	−0.013%	$143.1M	$119.3M	20x	as long as short
Variational Omni SPCX	+0.0226%	8h	153.06	−0.006%	$6.0M	$3.5M	—	as long as short
Bullet SPCX-USD	+0.0232%	1h	153.10	+0.017%	$11K	$188K	10x	as long as short
Extended SPCX-USD	+0.0240%	1h	153.06	−0.009%	$734K	$3.9M	10x	as long as short
Nado SPCX-PERP	+0.0241%	1h	152.99	−0.053%	$620K	$853K	20x	as long as short
Binance SPCXUSDT	+0.0242%	8h	153.10	+0.020%	$253.2M	$1.38B	75x	as long as short
Bitget SPCXUSDTshort	+0.0301%	8h	153.13	+0.039%	$31.3M	$66.5M	75x
Phoenix SPCX	+0.0314%	1h	153.05	−0.013%	$445K	$271K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.01	−0.039%	$731K	$977K	10x	as long as short
Aster SPCXUSD1	+0.0380%	8h	153.11	+0.029%	$19.0M	$18.2M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.10	+0.023%	$401K	$536K	20x	as long as short