Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.1% APRnext payment +$0.20 per $10,000 · paid last 24h −0.031%
Price spread now: BloFin against Bybit+0.013%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$270.267% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.013%, 7d avg +0.014%
=The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.242%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SPCXUSDT | 152.89 | 0.0015 | pay 0.0015% / 8h | 3h 43m | $30.7M | $42.6M | 100x |
| Short | BloFin SPCX-USDT | 152.91 | 0.0035 | get 0.0035% / 8h | 3h 43m | $1.9M | $1.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- $4.11
- Price spread: +0.013% → +0.014%
- −$0.1
- Slippage, 4 orders
- −$3.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$22.64
- Costs to cover
- 0.267%
- Break-even
- 45.5 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 5 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 Bybit live order book, 1 min ago | 0.33 bp | 6.4 bp −$6 | 9.4 bp −$94 | 43.4 bp −$4,336 | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.33 bp | 7.2 bp −$7 | 8.9 bp −$89 | 11.7 bp −$1,174 | 17.6 bp −$8,807 |
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 −0.0214% / S +0.0456% | 1h | 152.84 | −0.029% | $90K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.86 | −0.020% | $96.3M | $31.2M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.91 | +0.013% | $31.8M | $65.3M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.845% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.92 | +0.020% | $301K | $2.9M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.12 | +0.150% | $8K | $932K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.94 | +0.033% | $1.3M | $1.7M | 75x | as long as short |
| Bybit SPCXUSDTlong | +0.0015% | 8h | 152.89 | long leg | $30.7M | $42.6M | 100x | |
| Aftermath Perps SPCXUSD | +0.0032% | 1h | 152.86 | −0.018% | $7K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.79 | −0.065% | $2.5M | $7.3M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPCX-USDTshort | +0.0035% | 8h | 152.91 | +0.013% | $1.9M | $1.3M | 75x | |
| Arcus SPCX-USD | +0.0040% | 1h | 152.82 | −0.046% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.82 | −0.046% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.83 | −0.039% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.85 | −0.026% | $1.7M | $97K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.88 | −0.007% | $533K | $391K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.79 | −0.065% | $3.2M | $2.4M | 10x | as long as short |
| QFEX SPCX-USD | +0.0050% | 1h | 152.85 | −0.026% | $1.2M | $5.8M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0099% | 8h | 152.89 | +0.002% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.79 | −0.065% | $169K | $121K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.80 | −0.059% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.92 | +0.020% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.87 | −0.013% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.87 | −0.010% | $89 | — | 10x | as long as short |
| Variational Omni SPCX | +0.0141% | 8h | 152.91 | +0.012% | $6.0M | $2.9M | — | as long as short |
| Lighter SPCX | +0.0144% | 1h | 152.82 | −0.046% | $1.6M | $7.3M | 20x | as long as short |
| Extended SPCX-USD | +0.0152% | 1h | 152.85 | −0.026% | $738K | $3.8M | 10x | as long as short |
| Binance SPCXUSDT | +0.0155% | 8h | 152.90 | +0.004% | $248.6M | $1.36B | 75x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0157% | 8h | 152.92 | +0.020% | $39.6M | $166.1M | 75x | as long as short |
| edgeX SPCXUSDC | +0.0206% | 4h | 152.89 | +0.001% | $1.7M | $893K | 20x | as long as short |
| RISEx SPCX/USDC | +0.0217% | 1h | 152.92 | +0.023% | $409K | $517K | 20x | as long as short |
| Nado SPCX-PERP | +0.0246% | 1h | 152.75 | −0.090% | $615K | $810K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0248% | 1h | 152.90 | +0.007% | $741K | $939K | 10x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 152.93 | +0.026% | $445K | $264K | 15x | as long as short |
| Bullet SPCX-USD | +0.0276% | 1h | 152.88 | −0.007% | $12K | $192K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0279% | 1h | 152.83 | −0.039% | $141.3M | $119.2M | 20x | as long as short |
| Aster SPCXUSD1 | +0.0429% | 8h | 152.98 | +0.062% | $19.0M | $22.8M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.24 | +0.229% | $9K | $28K | 5.5x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0536% | 1h | 152.84 | −0.033% | $84K | $1.2M | 10x | as long as short |
Bybit SPCXUSDT
BloFin SPCX-USDT
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Variational Omni SPCX
Lighter SPCX
Extended SPCX-USD
Binance SPCXUSDT
OKX SPCX-USDT-SWAP
edgeX SPCXUSDC
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Bullet SPCX-USD
tradeXYZ xyz:SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
Deribit SPCX_USDC-PERPETUAL