Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h +0.001%
Price spread now: Binance against OKX−0.026%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$220.219% of the position
Funding, last 7 days+0.027%+$3 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now −0.026%, 7d avg +0.013%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Binance is 0.039% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.013%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SPCX-USDT-SWAP | 152.76 | 0.0117 | pay 0.0117% / 8h | 2h 12m | $39.5M | $166.5M | 75x |
| Short | Binance SPCXUSDT | 152.72 | 0.0106 | get 0.0106% / 8h | 2h 12m | $250.5M | $1.36B | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- −$2.43
- Price spread: −0.026% → +0.013%
- −$3.9
- Slippage, 4 orders
- −$1.92
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$28.25
- Costs to cover
- 0.219%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Binance: live order book, 16 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 OKX live order book, 1 min ago | 0.33 bp | 5.3 bp −$5 | 6.5 bp −$65 | 11.6 bp −$1,155 | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.33 bp | 5.8 bp −$6 | 6.8 bp −$68 | 13.4 bp −$1,338 | 24.5 bp −$12.3K |
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 −0.0187% / S +0.0435% | 1h | 152.62 | −0.095% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0014% | 8h | 152.68 | −0.052% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.74 | −0.013% | $30.6M | $42.7M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.69 | −0.046% | $96.2M | $31.9M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.75 | −0.007% | $31.3M | $65.9M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.941% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.68 | −0.052% | $300K | $2.8M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.87 | +0.072% | $8K | $899K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.66 | −0.065% | $88K | $1.3M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.75 | −0.007% | $1.3M | $1.8M | 75x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SPCXUSD | +0.0019% | 1h | 152.54 | −0.145% | $7K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.66 | −0.065% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.64 | −0.079% | $2.5M | $7.3M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.57 | −0.124% | $105K | $297K | 5x | as long as short |
| QFEX SPCX-USD | +0.0043% | 1h | 152.65 | −0.072% | $1.2M | $5.5M | 10x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.71 | −0.033% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.63 | −0.085% | $130.6M | $128.9M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.64 | −0.079% | $488K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.68 | −0.052% | $1.7M | $96K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.71 | −0.033% | $531K | $386K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.47 | −0.190% | $3.2M | $2.3M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0057% | 8h | 152.71 | −0.032% | $101 | — | 5x | as long as short |
| Variational Omni SPCX | +0.0097% | 8h | 152.63 | −0.085% | $6.0M | $2.8M | — | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.63 | −0.085% | $169K | $118K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.59 | −0.111% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.55 | −0.137% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.69 | −0.046% | $15K | $7K | 10x | as long as short |
| Extended SPCX-USD | +0.0104% | 1h | 152.68 | −0.054% | $731K | $4.6M | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.69 | −0.046% | $89 | — | 10x | as long as short |
| Binance SPCXUSDTshort | +0.0106% | 8h | 152.72 | −0.026% | $250.5M | $1.36B | 75x | |
| Nado SPCX-PERP | +0.0106% | 1h | 152.62 | −0.091% | $612K | $802K | 20x | as long as short |
| OKX SPCX-USDT-SWAPlong | +0.0117% | 8h | 152.76 | long leg | $39.5M | $166.5M | 75x | |
| Bullet SPCX-USD | +0.0138% | 1h | 152.71 | −0.032% | $11K | $193K | 10x | as long as short |
| RISEx SPCX/USDC | +0.0238% | 1h | 152.72 | −0.023% | $409K | $513K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0248% | 1h | 152.70 | −0.039% | $731K | $938K | 10x | as long as short |
| Phoenix SPCX | +0.0263% | 1h | 152.65 | −0.072% | $444K | $266K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0362% | 8h | 152.72 | −0.024% | $18.9M | $24.8M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.70 | −0.039% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0817% | 4h | 152.61 | −0.098% | $1.7M | $894K | 20x | as long as short |
OKX SPCX-USDT-SWAP
Binance SPCXUSDT
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
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
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Variational Omni SPCX
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Extended SPCX-USD
Bullet SPCX-USD
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC