Funding you earn now, next payment 02:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h −0.011%
Price spread now: tradeXYZ against Arcus+0.026%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$400.401% of the position
Funding, last 3 days (all we have)−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)−0.076%−$8 · spread now +0.026%, 7d avg −0.003%
=Together, before fees−0.097%+ Points / potential airdroptradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and tradeXYZ is 0.029% dearer against Arcus than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.003%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SPCX-USD | 153.00 | 0.0194 | pay 0.0024% / 1h | 59m 36s | $105K | $297K | 5x |
| Short | tradeXYZ xyz:SPCX | 153.04 | 0.0204 | get 0.0026% / 1h | 59m 36s | $142.8M | $119.5M | 20x |
Arcus SPCX-USD
tradeXYZ xyz:SPCXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Arcus. 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
- $2.24
- Price spread: +0.026% → −0.003%
- $2.87
- Slippage, 4 orders
- −$17.64
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$35.03
- Costs to cover
- 0.401%
- Break-even
- 116.5 days
Slippage from Arcus: live order book, 9 min ago; tradeXYZ: live order book, 10 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 Arcus live order book, 9 min ago | 6.20 bp | 10.1 bp −$10 | 13.5 bp −$135 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.33 bp | 9.3 bp −$9 | 9.5 bp −$95 | 12.8 bp −$1,285 | 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 −0.0331% / S +0.0530% | 1h | 153.03 | +0.016% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.03 | +0.020% | $96.3M | $31.1M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.761% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.95 | −0.033% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.34 | +0.222% | $8K | $951K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.06 | +0.039% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 153.01 | +0.008% | $8K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 153.01 | +0.007% | $1.6M | $7.2M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.98 | −0.013% | $2.5M | $7.2M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +2.778% | $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
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 | |
|---|---|---|---|---|---|---|---|---|
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.05 | +0.033% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.03 | +0.020% | $489K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.03 | +0.020% | $1.7M | $87K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.05 | +0.033% | $534K | $405K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.92 | −0.052% | $3.2M | $2.6M | 10x | as long as short |
| QFEX SPCX-USD | +0.0063% | 1h | 153.03 | +0.020% | $1.2M | $7.1M | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0077% | 1h | 153.00 | 0.000% | $72K | $1.1M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0088% | 8h | 153.05 | +0.035% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.95 | −0.033% | $169K | $133K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.95 | −0.033% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.94 | −0.039% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.06 | +0.039% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.05 | +0.032% | $89 | — | 10x | as long as short |
| BloFin SPCX-USDT | +0.0121% | 8h | 153.06 | +0.039% | $1.9M | $1.4M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0122% | 8h | 153.06 | +0.039% | $30.8M | $42.8M | 100x | as long as short |
| Arcus SPCX-USDlong | +0.0194% | 1h | 153.00 | long leg | $105K | $297K | 5x | |
| Bullet SPCX-USD | +0.0203% | 1h | 153.05 | +0.033% | $11K | $189K | 10x | as long as short |
| tradeXYZ xyz:SPCXshort | +0.0204% | 1h | 153.04 | +0.026% | $142.8M | $119.5M | 20x | |
| OKX SPCX-USDT-SWAP | +0.0212% | 8h | 153.05 | +0.033% | $39.3M | $168.7M | 75x | as long as short |
| Variational Omni SPCX | +0.0226% | 8h | 153.02 | +0.012% | $6.0M | $3.5M | — | as long as short |
| Nado SPCX-PERP | +0.0233% | 1h | 152.96 | −0.027% | $620K | $849K | 20x | as long as short |
| Extended SPCX-USD | +0.0240% | 1h | 153.01 | +0.008% | $734K | $3.8M | 10x | as long as short |
| Binance SPCXUSDT | +0.0241% | 8h | 153.05 | +0.033% | $252.6M | $1.38B | 75x | as long as short |
| Bitget SPCXUSDT | +0.0274% | 8h | 153.08 | +0.052% | $31.7M | $66.5M | 75x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 153.06 | +0.039% | $445K | $271K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0328% | 1h | 153.14 | +0.092% | $728K | $986K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0390% | 8h | 153.14 | +0.094% | $19.0M | $18.0M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0410% | 1h | 153.09 | +0.062% | $401K | $535K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0877% | 4h | 153.03 | +0.023% | $1.7M | $894K | 20x | as long as short |
Vest SPCX-USD-PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
QFEX SPCX-USD
Deribit SPCX_USDC-PERPETUAL
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
BloFin SPCX-USDT
Bybit SPCXUSDT
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Nado SPCX-PERP
Extended SPCX-USD
Binance SPCXUSDT
Bitget SPCXUSDT
Phoenix SPCX
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
RISEx SPCX/USDC
edgeX SPCXUSDC