Funding you earn now, next payment 02:00 UTC−0.0222%/8h= −24.4% APRnext payment −$0.28 per $10,000 · paid last 24h −0.037%
Price spread now: tradeXYZ against RISEx−0.062%51s7-day average −0.105% · you buy dearer than you sell
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−$260.260% of the position
Funding, last 3 days (all we have)−0.054%−$5 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now −0.062%, 7d avg −0.105%
=Together, before fees−0.135%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.043% dearer against RISEx than usual: you sell high and buy low (spread −0.062% now, against its 7-day average of −0.105%): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 3 days (−0.054% in total) that is about 2.8 days. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.054% in total (about -5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.28 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 | RISEx SPCX/USDC | 153.06 | 0.0410 | pay 0.0051% / 1h | 13m 47s | $408K | $539K | 20x |
| Short | tradeXYZ xyz:SPCX | 152.96 | 0.0187 | get 0.0023% / 1h | 13m 47s | $142.3M | $119.1M | 20x |
RISEx SPCX/USDC
tradeXYZ xyz:SPCXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against RISEx. 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
- −$46.71
- Price spread: −0.062% → −0.105%
- $4.34
- Slippage, 4 orders
- −$1.96
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$68.33
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 55 min ago; tradeXYZ: live order book, 6 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 RISEx live order book, 55 min ago | 0.65 bp | 3.7 bp −$4 | 4.3 bp −$43 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 0.33 bp | 9.3 bp −$9 | 9.8 bp −$98 | 12.5 bp −$1,253 | doesn't fit |
SPCX on 38 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 −0.0348% / S +0.0542% | 1h | 152.99 | −0.046% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.01 | −0.029% | $96.0M | $31.3M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.721% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.94 | −0.075% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.33 | +0.180% | $8K | $944K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.05 | −0.003% | $1.3M | $1.7M | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0012% | 1h | 152.97 | −0.056% | $72K | $1.1M | 10x | as long as short |
| Aftermath Perps SPCXUSD | +0.0024% | 1h | 152.99 | −0.041% | $8K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.92 | −0.088% | $2.5M | $7.3M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 153.32 | +0.173% | $9K | $27K | 5.5x | as long as short |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
Aftermath Perps SPCXUSD
Lighter RH SPCX
Injective SPCX/USDC PERPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus SPCX-USD | +0.0040% | 1h | 153.00 | −0.036% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.00 | −0.036% | — | $1.2M | 10x | as long as short |
| Lighter SPCX | +0.0048% | 1h | 152.95 | −0.069% | $1.6M | $7.2M | 20x | as long as short |
| QFEX SPCX-USD | +0.0049% | 1h | 153.02 | −0.023% | $1.2M | $6.7M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.98 | −0.049% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.01 | −0.029% | $1.7M | $91K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.02 | −0.023% | $534K | $405K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.84 | −0.140% | $3.2M | $2.6M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0090% | 8h | 153.02 | −0.023% | $101 | — | 5x | as long as short |
| Bybit SPCXUSDT | +0.0091% | 8h | 153.03 | −0.016% | $30.8M | $42.9M | 100x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.89 | −0.108% | $169K | $133K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.94 | −0.075% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.12 | +0.042% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.05 | −0.003% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.04 | −0.011% | $89 | — | 10x | as long as short |
| edgeX SPCXUSDC | +0.0115% | 4h | 153.07 | +0.008% | $1.7M | $893K | 20x | as long as short |
| Bitget SPCXUSDT | +0.0132% | 8h | 153.06 | +0.003% | $31.7M | $66.2M | 75x | as long as short |
| Bullet SPCX-USD | +0.0180% | 1h | 153.05 | −0.004% | $11K | $190K | 10x | as long as short |
| tradeXYZ xyz:SPCXshort | +0.0187% | 1h | 152.96 | −0.062% | $142.3M | $119.1M | 20x | |
| OKX SPCX-USDT-SWAP | +0.0198% | 8h | 153.02 | −0.023% | $39.4M | $168.7M | 75x | as long as short |
| Variational Omni SPCX | +0.0208% | 8h | 153.07 | +0.008% | $6.0M | $3.3M | — | as long as short |
| Binance SPCXUSDT | +0.0221% | 8h | 153.00 | −0.036% | $252.7M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0224% | 1h | 152.96 | −0.061% | $736K | $3.8M | 10x | as long as short |
| Nado SPCX-PERP | +0.0247% | 1h | 152.94 | −0.076% | $622K | $838K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0288% | 1h | 152.97 | −0.056% | $738K | $973K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 153.09 | +0.023% | $445K | $270K | 15x | as long as short |
| RISEx SPCX/USDClong | +0.0410% | 1h | 153.06 | long leg | $408K | $539K | 20x | |
| Aster SPCXUSD1 | +0.0414% | 8h | 153.14 | +0.058% | $19.0M | $15.0M | 20x | as long as short |
Arcus SPCX-USD
Vest SPCX-USD-PERP
Lighter SPCX
QFEX SPCX-USD
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
Paradex SPCX-USD-PERP
Bybit SPCXUSDT
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
edgeX SPCXUSDC
Bitget SPCXUSDT
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
Nado SPCX-PERP
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1