Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.2% APRnext payment −$0.48 per $10,000 · paid last 24h +0.010%
Price spread now: KuCoin against OKX−0.105%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$330.335% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.105%, 7d avg −0.049%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.056% cheaper against OKX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.049%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SPCX-USDT-SWAP | 152.40 | 0.0148 | pay 0.0148% / 8h | 1h 09m | $39.5M | $166.6M | 75x |
| Short | KuCoin SPCXUSDTM | 152.24 | 0.0100 | get 0.0100% / 8h | 1h 09m | $13.0M | $5.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$10.02
- Price spread: −0.105% → −0.049%
- −$5.6
- Slippage, 4 orders
- −$11.5
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$49.12
- Costs to cover
- 0.335%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; KuCoin: live order book, 4 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, 4 min ago | 0.33 bp | 6.1 bp −$6 | 7.7 bp −$77 | 13.3 bp −$1,331 | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 0.99 bp | 9.4 bp −$9 | 35.5 bp −$355 | 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 −0.0187% / S +0.0435% | 1h | 152.28 | −0.075% | $90K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.36 | −0.026% | $96.1M | $31.9M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.41 | +0.007% | $31.2M | $66.1M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.209% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.38 | −0.013% | $300K | $2.7M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.71 | +0.203% | $8K | $895K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.42 | +0.013% | $1.3M | $1.8M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0010% | 8h | 152.38 | −0.013% | $30.6M | $42.7M | 100x | as long as short |
| BloFin SPCX-USDT | +0.0020% | 8h | 152.41 | +0.007% | $1.9M | $1.2M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0028% | 1h | 152.30 | −0.067% | $7K | $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 RH SPCX | +0.0032% | 1h | 152.30 | −0.066% | $2.5M | $7.3M | 20x | as long as short |
| QFEX SPCX-USD | +0.0038% | 1h | 152.36 | −0.026% | $1.2M | $5.5M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.29 | −0.072% | $103K | $300K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.31 | −0.059% | — | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.35 | −0.033% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.38 | −0.013% | $530K | $377K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.22 | −0.118% | $3.2M | $2.2M | 10x | as long as short |
| RISEx SPCX/USDC | +0.0072% | 1h | 152.41 | +0.003% | $392K | $505K | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.29 | −0.072% | $168K | $120K | 10x | as long as short |
| KuCoin SPCXUSDTMshort | +0.0100% | 8h | 152.24 | −0.105% | $13.0M | $5.5M | 20x | |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.41 | +0.007% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.40 | 0.000% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.37 | −0.018% | $88 | — | 10x | as long as short |
| edgeX SPCXUSDC | +0.0110% | 4h | 152.34 | −0.036% | $1.7M | $890K | 20x | as long as short |
| tradeXYZ xyz:SPCX | +0.0120% | 1h | 152.28 | −0.079% | $130.0M | $129.1M | 20x | as long as short |
| Variational Omni SPCX | +0.0126% | 8h | 152.36 | −0.028% | $5.9M | $2.8M | — | as long as short |
| Paradex SPCX-USD-PERP | +0.0132% | 8h | 152.37 | −0.021% | $101 | — | 5x | as long as short |
| Binance SPCXUSDT | +0.0141% | 8h | 152.39 | −0.009% | $251.9M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0144% | 1h | 152.35 | −0.035% | $724K | $3.6M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0144% | 1h | 152.36 | −0.026% | $487K | $1.2M | 10x | as long as short |
| OKX SPCX-USDT-SWAPlong | +0.0148% | 8h | 152.40 | long leg | $39.5M | $166.6M | 75x | |
| Lighter SPCX | +0.0152% | 1h | 152.33 | −0.046% | $1.6M | $7.4M | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0192% | 1h | 152.28 | −0.079% | $732K | $923K | 10x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.36 | −0.026% | $443K | $266K | 15x | as long as short |
| Nado SPCX-PERP | +0.0266% | 1h | 152.22 | −0.116% | $626K | $805K | 20x | as long as short |
| Bullet SPCX-USD | +0.0303% | 1h | 152.38 | −0.012% | $11K | $191K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0404% | 8h | 152.48 | +0.055% | $18.9M | $29.6M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.81 | +0.269% | $9K | $28K | 5.5x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0473% | 1h | 152.34 | −0.039% | $89K | $1.3M | 10x | as long as short |
OKX SPCX-USDT-SWAP
KuCoin SPCXUSDTM
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Bybit SPCXUSDT
BloFin SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
SoDEX SPCX-USD
Phemex SPCXUSDT
RISEx SPCX/USDC
Pacifica SPCX
ApeX Omni SPCXUSDT
edgeX SPCXUSDC
tradeXYZ xyz:SPCX
Variational Omni SPCX
Paradex SPCX-USD-PERP
Binance SPCXUSDT
Extended SPCX-USD
Polymarket Perps SPCX-USD
Lighter SPCX
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Bullet SPCX-USD
Aster SPCXUSD1
Injective SPCX/USDC PERP
Deribit SPCX_USDC-PERPETUAL