Funding you earn now, next payment 03:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h −0.020%
Price spread now: QFEX against KuCoin+0.072%56s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$430.431% of the position
Funding, last 4 days (all we have)−0.054%−$5 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now +0.072%, 7d avg +0.011%
=The price spread pays, funding is against you. QFEX is 0.061% dearer against KuCoin than usual: you sell high and buy low (spread +0.072% now, against its 7-day average of +0.011%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.9 days. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SPCXUSDTM | 152.89 | 0.0100 | pay 0.0100% / 8h | 5h 28m | $13.0M | $5.4M | 20x |
| Short | QFEX SPCX-USD | 153.00 | 0.0048 | get 0.0006% / 1h | 28m 38s | $1.2M | $6.5M | 10x |
KuCoin SPCXUSDTM
QFEX SPCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$10.84
- Price spread: +0.072% → +0.011%
- $6.1
- Slippage, 4 orders
- −$21.14
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$47.88
- Costs to cover
- 0.431%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; QFEX: 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, 10 min ago | 0.98 bp | 12.1 bp −$12 | 40.2 bp −$402 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.29 bp | 7.3 bp −$7 | 9.6 bp −$96 | 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 −0.0333% / S +0.0531% | 1h | 152.99 | +0.062% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.98 | +0.059% | $96.1M | $31.3M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 153.04 | +0.098% | $31.7M | $65.8M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.843% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.91 | +0.013% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.22 | +0.216% | $8K | $939K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.03 | +0.092% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0026% | 1h | 152.97 | +0.052% | $8K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.94 | +0.033% | $2.5M | $7.2M | 20x | as long as short |
| Bybit SPCXUSDT | +0.0033% | 8h | 153.01 | +0.078% | $30.8M | $42.8M | 100x | as long as short |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Bybit SPCXUSDTShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0040% | 1h | 152.97 | +0.052% | $1.6M | $7.2M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.94 | +0.033% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.99 | +0.065% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USDshort | +0.0048% | 1h | 153.00 | +0.072% | $1.2M | $6.5M | 10x | |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.98 | +0.059% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.99 | +0.065% | $1.7M | $93K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.98 | +0.059% | $534K | $401K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.88 | −0.007% | $3.2M | $2.5M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0067% | 8h | 153.02 | +0.085% | $1.9M | $1.4M | 75x | as long as short |
| Paradex SPCX-USD-PERP | +0.0074% | 8h | 153.02 | +0.086% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.91 | +0.013% | $169K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTMlong | +0.0100% | 8h | 152.89 | long leg | $13.0M | $5.4M | 20x | |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.93 | +0.026% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.03 | +0.092% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.01 | +0.080% | $89 | — | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0142% | 1h | 152.96 | +0.046% | $73K | $1.2M | 10x | as long as short |
| Bullet SPCX-USD | +0.0153% | 1h | 153.02 | +0.086% | $11K | $190K | 10x | as long as short |
| Variational Omni SPCX | +0.0172% | 8h | 152.99 | +0.068% | $6.0M | $3.1M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0178% | 8h | 153.01 | +0.078% | $39.5M | $167.6M | 75x | as long as short |
| Extended SPCX-USD | +0.0184% | 1h | 152.97 | +0.050% | $736K | $3.8M | 10x | as long as short |
| Binance SPCXUSDT | +0.0187% | 8h | 153.01 | +0.078% | $252.4M | $1.37B | 75x | as long as short |
| tradeXYZ xyz:SPCX | +0.0189% | 1h | 152.98 | +0.059% | $142.1M | $119.4M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0199% | 1h | 153.04 | +0.096% | $408K | $549K | 20x | as long as short |
| Nado SPCX-PERP | +0.0207% | 1h | 152.91 | +0.015% | $622K | $831K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.01 | +0.078% | $738K | $980K | 10x | as long as short |
| Phoenix SPCX | +0.0262% | 1h | 153.02 | +0.085% | $445K | $267K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0408% | 8h | 153.10 | +0.138% | $19.0M | $17.2M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.28 | +0.255% | $9K | $27K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0946% | 4h | 153.02 | +0.082% | $1.7M | $893K | 20x | as long as short |
Lighter SPCX
Arcus SPCX-USD
Vest SPCX-USD-PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
BloFin SPCX-USDT
Paradex SPCX-USD-PERP
Pacifica SPCX
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Deribit SPCX_USDC-PERPETUAL
Bullet SPCX-USD
Variational Omni SPCX
OKX SPCX-USDT-SWAP
Extended SPCX-USD
Binance SPCXUSDT
tradeXYZ xyz:SPCX
RISEx SPCX/USDC
Nado SPCX-PERP
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC