Funding you earn now, next payment 00:00 UTC+0.0206%/8h= +22.6% APRnext payment +$2.06 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against SunX−0.137%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$700.702% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 2 days (all we have)+0.098%+$10 · spread now −0.137%, 7d avg +0.036%
=Funding pays, the price is against you. Binance is 0.173% cheaper against SunX than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of +0.036%). If the spread goes back, that is −$17 on $10k: about 2.8 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.030% in total) that is about 41 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.030% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.06 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 | SunX SPCX-USDT | 153.23 | 0 | get 0.0000% / 8h | 51m 50s | $8K | $973K | 10x |
| Short | Binance SPCXUSDT | 153.02 | 0.0206 | get 0.0206% / 8h | 51m 50s | $254.0M | $1.38B | 75x |
SunX SPCX-USDT
Binance SPCXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $43.29
- Price spread: −0.137% → +0.036%
- −$17.35
- Slippage, 4 orders
- −$52.16
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$44.21
- Costs to cover
- 0.702%
- Break-even
- 14.1 days
Slippage from SunX: live order book, 11 min ago; Binance: live order book, 7 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 SunX live order book, 11 min ago | 13.73 bp | 33.7 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.33 bp | 5.3 bp −$5 | 5.9 bp −$59 | 11.0 bp −$1,097 | 22.1 bp −$11.0K |
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 −0.0272% / S +0.0488% | 1h | 153.03 | −0.127% | $89K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.99 | −0.157% | $96.7M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.51 | +12.585% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.94 | −0.189% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDTlong | 0.0000% | 8h | 153.23 | long leg | $8K | $973K | 10x | |
| HTX SPCX-USDT | 0.0000% | 8h | 153.03 | −0.131% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0028% | 1h | 153.01 | −0.144% | $8K | $10K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.96 | −0.176% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.99 | −0.157% | $2.5M | $7.6M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +2.624% | $9K | $27K | 5.5x | as long as short |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
Injective SPCX/USDC PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus SPCX-USD | +0.0040% | 1h | 152.97 | −0.170% | $106K | $296K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.02 | −0.137% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.00 | −0.150% | $490K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.04 | −0.124% | $1.7M | $79K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.03 | −0.131% | $539K | $404K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.91 | −0.209% | $3.2M | $2.7M | 10x | as long as short |
| QFEX SPCX-USD | +0.0052% | 1h | 152.99 | −0.157% | $1.2M | $7.6M | 10x | as long as short |
| Bullet SPCX-USD | +0.0074% | 1h | 153.04 | −0.125% | $11K | $188K | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0083% | 8h | 153.03 | −0.132% | $101 | — | 5x | as long as short |
| BloFin SPCX-USDT | +0.0086% | 8h | 153.06 | −0.111% | $1.9M | $1.4M | 75x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.92 | −0.202% | $173K | $136K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.89 | −0.222% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.01 | −0.144% | $58K | $270K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.04 | −0.124% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.05 | −0.119% | $89 | — | 10x | as long as short |
| Bybit SPCXUSDT | +0.0145% | 8h | 153.04 | −0.124% | $30.8M | $42.7M | 100x | as long as short |
| Variational Omni SPCX | +0.0188% | 8h | 152.99 | −0.154% | $6.0M | $3.9M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0196% | 8h | 153.01 | −0.144% | $39.0M | $169.5M | 75x | as long as short |
| Binance SPCXUSDTshort | +0.0206% | 8h | 153.02 | −0.137% | $254.0M | $1.38B | 75x | |
| Extended SPCX-USD | +0.0208% | 1h | 152.99 | −0.157% | $734K | $3.6M | 10x | as long as short |
| Nado SPCX-PERP | +0.0247% | 1h | 152.94 | −0.186% | $603K | $883K | 20x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 153.00 | −0.150% | $446K | $269K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0279% | 8h | 153.11 | −0.078% | $19.0M | $21.3M | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0280% | 1h | 152.97 | −0.170% | $733K | $970K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0282% | 1h | 153.01 | −0.144% | $143.7M | $118.3M | 20x | as long as short |
| Bitget SPCXUSDT | +0.0311% | 8h | 153.04 | −0.124% | $31.2M | $67.1M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0339% | 1h | 153.09 | −0.091% | $403K | $538K | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0404% | 1h | 153.03 | −0.131% | $71K | $1.0M | 10x | as long as short |
| edgeX SPCXUSDC | +0.0821% | 4h | 153.05 | −0.119% | $1.7M | $892K | 20x | as long as short |
Arcus SPCX-USD
Vest SPCX-USD-PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
QFEX SPCX-USD
Bullet SPCX-USD
Paradex SPCX-USD-PERP
BloFin SPCX-USDT
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Bybit SPCXUSDT
Variational Omni SPCX
OKX SPCX-USDT-SWAP
Extended SPCX-USD
Nado SPCX-PERP
Phoenix SPCX
Aster SPCXUSD1
Coinbase International SPCX-PERP-INTX
tradeXYZ xyz:SPCX
Bitget SPCXUSDT
RISEx SPCX/USDC
Deribit SPCX_USDC-PERPETUAL
edgeX SPCXUSDC