Funding you earn now, next payment 08:00 UTC−0.0087%/8h= −9.5% APRnext payment −$0.87 per $10,000 · paid last 24h +0.014%
Price spread now: KuCoin against Bybit−0.104%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now −0.104%, 7d avg −0.046%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.059% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SPCXUSDT | 153.13 | 0.0187 | pay 0.0187% / 8h | 7h 45m | $30.8M | $42.8M | 100x |
| Short | KuCoin SPCXUSDTM | 152.97 | 0.0100 | get 0.0100% / 8h | 7h 45m | $13.0M | $5.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$18.22
- Price spread: −0.104% → −0.046%
- −$5.86
- Slippage, 4 orders
- −$18.39
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$65.47
- Costs to cover
- 0.414%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 3 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, 4 min ago | 0.33 bp | 6.7 bp −$7 | 10.5 bp −$105 | 46.6 bp −$4,661 | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 0.65 bp | 13.2 bp −$13 | 38.1 bp −$381 | 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 −0.0298% / S +0.0507% | 1h | 153.06 | −0.042% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.07 | −0.039% | $96.6M | $31.1M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.662% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.94 | −0.124% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.35 | +0.144% | $8K | $960K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.08 | −0.033% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 153.00 | −0.084% | $8K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 153.04 | −0.059% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 153.01 | −0.078% | $2.5M | $7.4M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +2.691% | $9K | $27K | 5.5x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.09 | −0.026% | — | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.07 | −0.039% | $1.7M | $82K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.09 | −0.026% | $534K | $415K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.89 | −0.157% | $3.2M | $2.6M | 10x | as long as short |
| QFEX SPCX-USD | +0.0063% | 1h | 153.06 | −0.046% | $1.2M | $7.5M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0097% | 8h | 153.12 | −0.007% | $1.9M | $1.4M | 75x | as long as short |
| Polymarket Perps SPCX-USD | +0.0099% | 1h | 153.06 | −0.046% | $490K | $1.1M | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.99 | −0.091% | $173K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTMshort | +0.0100% | 8h | 152.97 | −0.104% | $13.0M | $5.5M | 20x | |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.16 | +0.020% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.12 | −0.007% | $15K | $7K | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0101% | 8h | 153.10 | −0.020% | $101 | — | 5x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.10 | −0.021% | $89 | — | 10x | as long as short |
| Bybit SPCXUSDTlong | +0.0187% | 8h | 153.13 | long leg | $30.8M | $42.8M | 100x | |
| Arcus SPCX-USD | +0.0194% | 1h | 153.03 | −0.065% | $105K | $297K | 5x | as long as short |
| Nado SPCX-PERP | +0.0195% | 1h | 152.99 | −0.091% | $602K | $863K | 20x | as long as short |
| Variational Omni SPCX | +0.0199% | 8h | 153.08 | −0.032% | $6.0M | $3.5M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0206% | 8h | 153.10 | −0.020% | $39.1M | $169.3M | 75x | as long as short |
| Extended SPCX-USD | +0.0216% | 1h | 153.05 | −0.053% | $732K | $3.7M | 10x | as long as short |
| Binance SPCXUSDT | +0.0217% | 8h | 153.08 | −0.033% | $252.7M | $1.38B | 75x | as long as short |
| tradeXYZ xyz:SPCX | +0.0280% | 1h | 153.06 | −0.046% | $143.4M | $119.2M | 20x | as long as short |
| Bullet SPCX-USD | +0.0296% | 1h | 153.09 | −0.026% | $12K | $187K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 153.06 | −0.046% | $445K | $271K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0328% | 1h | 153.14 | +0.007% | $734K | $971K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0332% | 8h | 153.06 | −0.047% | $19.0M | $19.7M | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0338% | 1h | 153.06 | −0.046% | $71K | $1.0M | 10x | as long as short |
| Bitget SPCXUSDT | +0.0350% | 8h | 153.12 | −0.007% | $31.3M | $66.6M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0409% | 1h | 153.11 | −0.012% | $401K | $535K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0529% | 4h | 153.08 | −0.036% | $1.7M | $893K | 20x | as long as short |
Bybit SPCXUSDT
KuCoin SPCXUSDTM
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 PERP
SoDEX SPCX-USD
Phemex SPCXUSDT
BloFin SPCX-USDT
Polymarket Perps SPCX-USD
Pacifica SPCX
ApeX Omni SPCXUSDT
Paradex SPCX-USD-PERP
Variational Omni SPCX
OKX SPCX-USDT-SWAP
Extended SPCX-USD
Binance SPCXUSDT
tradeXYZ xyz:SPCX
Bullet SPCX-USD
Phoenix SPCX
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
Deribit SPCX_USDC-PERPETUAL
Bitget SPCXUSDT
RISEx SPCX/USDC
edgeX SPCXUSDC