Funding you earn now, next payment 08:00 UTC+0.0355%/8h= +38.8% APRnext payment +$3.55 per $10,000 · paid last 24h +0.017%
Price spread now: Aster against Phemex+0.069%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$430.431% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 4 days (all we have)+0.339%+$34 · spread now +0.069%, 7d avg +0.077%
=Together, before fees+0.451%+ Points / potential airdropAster: Stage 5 · farm board+$45 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.077%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.113% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.55 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 | Phemex SPCXUSDT | 152.99 | 0.0050 | pay 0.0050% / 8h | 5h 37m | $534K | $402K | 50x |
| Short | Aster SPCXUSD1 | 153.10 | 0.0405 | get 0.0405% / 8h | 5h 37m | $19.0M | $17.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phemex. 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
- $74.45
- Price spread: +0.069% → +0.077%
- −$0.82
- Slippage, 4 orders
- −$23.11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $30.52
- Costs to cover
- 0.431%
- Break-even
- 4.1 days
Slippage from Phemex: live order book, 25 min ago; Aster: live order book, 2 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 Phemex live order book, 25 min ago | 2.29 bp | 14.5 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 0.33 bp | 4.3 bp −$4 | 8.3 bp −$83 | 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 | 153.00 | +0.003% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.00 | +0.007% | $96.1M | $31.3M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.769% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.95 | −0.026% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.22 | +0.150% | $8K | $940K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.05 | +0.039% | $1.3M | $1.7M | 75x | as long as short |
| Bitget SPCXUSDT | +0.0006% | 8h | 153.06 | +0.046% | $31.7M | $66.1M | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0012% | 1h | 152.97 | −0.013% | $72K | $1.2M | 10x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.96 | −0.021% | $7K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.98 | −0.007% | $1.6M | $7.2M | 20x | 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 | 152.96 | −0.020% | $2.5M | $7.2M | 20x | as long as short |
| Bybit SPCXUSDT | +0.0034% | 8h | 153.02 | +0.020% | $30.8M | $42.8M | 100x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.95 | −0.026% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.01 | +0.013% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0048% | 1h | 152.98 | −0.007% | $1.2M | $6.6M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.97 | −0.013% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.99 | 0.000% | $1.7M | $93K | 20x | as long as short |
| Phemex SPCXUSDTlong | +0.0050% | 8h | 152.99 | long leg | $534K | $402K | 50x | |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.85 | −0.092% | $3.2M | $2.5M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0068% | 8h | 153.03 | +0.026% | $1.9M | $1.4M | 75x | as long as short |
| Paradex SPCX-USD-PERP | +0.0072% | 8h | 153.03 | +0.027% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.92 | −0.046% | $169K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.93 | −0.039% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.93 | −0.039% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.04 | +0.033% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.00 | +0.007% | $89 | — | 10x | as long as short |
| Bullet SPCX-USD | +0.0132% | 1h | 153.02 | +0.020% | $11K | $190K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0179% | 8h | 153.04 | +0.033% | $39.5M | $167.7M | 75x | as long as short |
| Variational Omni SPCX | +0.0179% | 8h | 153.01 | +0.010% | $6.0M | $3.1M | — | as long as short |
| tradeXYZ xyz:SPCX | +0.0180% | 1h | 152.98 | −0.007% | $142.1M | $119.4M | 20x | as long as short |
| Binance SPCXUSDT | +0.0188% | 8h | 153.02 | +0.023% | $252.6M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0192% | 1h | 152.98 | −0.008% | $736K | $3.8M | 10x | as long as short |
| Nado SPCX-PERP | +0.0192% | 1h | 152.95 | −0.025% | $622K | $831K | 20x | as long as short |
| RISEx SPCX/USDC | +0.0199% | 1h | 153.03 | +0.025% | $408K | $549K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.01 | +0.013% | $738K | $980K | 10x | as long as short |
| Phoenix SPCX | +0.0262% | 1h | 153.02 | +0.020% | $445K | $267K | 15x | as long as short |
| Aster SPCXUSD1short | +0.0405% | 8h | 153.10 | +0.069% | $19.0M | $17.0M | 20x | |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.28 | +0.190% | $9K | $27K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0612% | 4h | 153.00 | +0.006% | $1.7M | $891K | 20x | as long as short |
Phemex SPCXUSDT
Aster SPCXUSD1
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Bitget SPCXUSDT
Deribit SPCX_USDC-PERPETUAL
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
Bybit SPCXUSDT
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
BloFin SPCX-USDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Variational Omni SPCX
tradeXYZ xyz:SPCX
Binance SPCXUSDT
Extended SPCX-USD
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Injective SPCX/USDC PERP
edgeX SPCXUSDC