Funding you earn now, next payment 08:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.55 per $10,000 · paid last 24h −0.010%
Price spread now: OKX against KuCoin+0.085%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$380.377% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 7 days−0.015%−$2 · spread now +0.085%, 7d avg +0.049%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.036% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.049%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SPCXUSDTM | 152.99 | 0.0100 | pay 0.0100% / 8h | 4h 39m | $13.0M | $5.5M | 20x |
| Short | OKX SPCX-USDT-SWAP | 153.12 | 0.0155 | get 0.0155% / 8h | 4h 39m | $39.5M | $166.9M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against KuCoin. 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
- $11.46
- Price spread: +0.085% → +0.049%
- $3.62
- Slippage, 4 orders
- −$15.75
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$22.67
- Costs to cover
- 0.377%
- Break-even
- 20.9 days
Slippage from KuCoin: live order book, 4 min ago; OKX: 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 KuCoin live order book, 4 min ago | 0.98 bp | 12.8 bp −$13 | 40.6 bp −$406 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.33 bp | 5.3 bp −$5 | 6.5 bp −$65 | 12.5 bp −$1,246 | 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 −0.0314% / S +0.0531% | 1h | 153.06 | +0.042% | $91K | — | 20x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 153.09 | +0.065% | $30.8M | $42.9M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.07 | +0.052% | $96.3M | $31.3M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 153.13 | +0.092% | $31.7M | $65.3M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.770% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 153.03 | +0.026% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.29 | +0.196% | $8K | $937K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 153.04 | +0.033% | $73K | $1.2M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.14 | +0.098% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0022% | 1h | 153.03 | +0.026% | $8K | $8K | 10x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0032% | 1h | 153.05 | +0.039% | $1.6M | $7.3M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 153.00 | +0.007% | $2.5M | $7.2M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 153.02 | +0.020% | $105K | $297K | 5x | as long as short |
| BloFin SPCX-USDT | +0.0040% | 8h | 153.10 | +0.072% | $1.9M | $1.4M | 75x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.10 | +0.072% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0046% | 1h | 153.05 | +0.039% | $1.2M | $6.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.05 | +0.039% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.07 | +0.052% | $1.7M | $95K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.09 | +0.065% | $533K | $395K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.93 | −0.039% | $3.2M | $2.5M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0064% | 8h | 153.11 | +0.080% | $101 | — | 5x | as long as short |
| tradeXYZ xyz:SPCX | +0.0071% | 1h | 153.05 | +0.039% | $141.5M | $119.0M | 20x | as long as short |
| Bullet SPCX-USD | +0.0082% | 1h | 153.09 | +0.068% | $10K | $191K | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.99 | 0.000% | $169K | $130K | 10x | as long as short |
| KuCoin SPCXUSDTMlong | +0.0100% | 8h | 152.99 | long leg | $13.0M | $5.5M | 20x | |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.12 | +0.085% | $59K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.09 | +0.065% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.08 | +0.058% | $89 | — | 10x | as long as short |
| Nado SPCX-PERP | +0.0132% | 1h | 153.03 | +0.026% | $617K | $824K | 20x | as long as short |
| Variational Omni SPCX | +0.0149% | 8h | 153.08 | +0.057% | $6.0M | $3.1M | — | as long as short |
| OKX SPCX-USDT-SWAPshort | +0.0155% | 8h | 153.12 | +0.085% | $39.5M | $166.9M | 75x | |
| Extended SPCX-USD | +0.0160% | 1h | 153.05 | +0.039% | $738K | $3.8M | 10x | as long as short |
| Binance SPCXUSDT | +0.0160% | 8h | 153.09 | +0.062% | $252.2M | $1.37B | 75x | as long as short |
| RISEx SPCX/USDC | +0.0191% | 1h | 153.12 | +0.088% | $410K | $530K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.04 | +0.033% | $738K | $925K | 10x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 153.10 | +0.072% | $445K | $268K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0409% | 8h | 153.16 | +0.109% | $19.0M | $19.8M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.35 | +0.235% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0913% | 4h | 153.08 | +0.060% | $1.7M | $891K | 20x | as long as short |
KuCoin SPCXUSDTM
OKX SPCX-USDT-SWAP
GMX SPCX/USD [ETH-USDC]
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
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
BloFin SPCX-USDT
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
tradeXYZ xyz:SPCX
Bullet SPCX-USD
Pacifica SPCX
ApeX Omni SPCXUSDT
Variational Omni SPCX
Extended SPCX-USD
Binance SPCXUSDT
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC