Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.14 per $10,000 · paid last 24h −0.016%
Price spread now: SunX against Bybit+0.138%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.138%, 7d avg +0.064%
=The price spread pays, funding is against you. SunX is 0.074% dearer against Bybit than usual: you sell high and buy low (spread +0.138% now, against its 7-day average of +0.064%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SPCXUSDT | 152.50 | 0.0014 | pay 0.0014% / 8h | 3h 14m | $30.6M | $42.7M | 100x |
| Short | SunX SPCX-USDT | 152.71 | 0 | get 0.0000% / 8h | 3h 14m | $8K | $919K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$2.97
- Price spread: +0.138% → +0.064%
- $7.35
- Slippage, 4 orders
- −$56.25
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$70.86
- Costs to cover
- 0.753%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; SunX: live order book, 68 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, 5 min ago | 0.33 bp | 7.0 bp −$7 | 11.1 bp −$111 | 42.5 bp −$4,254 | doesn't fit |
| Sell SunX live order book, 68 min ago | 21.86 bp | 34.3 bp −$34 | doesn't fit | 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 −0.0265% / S +0.0494% | 1h | 152.38 | −0.075% | $90K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.48 | −0.013% | $96.3M | $31.6M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.55 | +0.033% | $31.3M | $65.9M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.134% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.55 | +0.033% | $300K | $2.9M | 20x | as long as short |
| SunX SPCX-USDTshort | 0.0000% | 8h | 152.71 | +0.138% | $8K | $919K | 10x | |
| HTX SPCX-USDT | 0.0000% | 8h | 152.58 | +0.052% | $1.3M | $1.8M | 75x | as long as short |
| Bybit SPCXUSDTlong | +0.0014% | 8h | 152.50 | long leg | $30.6M | $42.7M | 100x | |
| BloFin SPCX-USDT | +0.0023% | 8h | 152.54 | +0.026% | $1.9M | $1.3M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0029% | 1h | 152.38 | −0.077% | $7K | $8K | 10x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SPCX | +0.0032% | 1h | 152.42 | −0.052% | $2.5M | $7.4M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.39 | −0.072% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.49 | −0.007% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.44 | −0.039% | $493K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.47 | −0.020% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.50 | 0.000% | $531K | $391K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.34 | −0.105% | $3.2M | $2.4M | 10x | as long as short |
| QFEX SPCX-USD | +0.0050% | 1h | 152.47 | −0.020% | $1.2M | $5.7M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0057% | 8h | 152.51 | +0.010% | $101 | — | 5x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0078% | 1h | 152.44 | −0.039% | $86K | $1.2M | 10x | as long as short |
| Lighter SPCX | +0.0080% | 1h | 152.45 | −0.033% | $1.6M | $7.4M | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.39 | −0.072% | $169K | $120K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.34 | −0.105% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.37 | −0.085% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.51 | +0.007% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.48 | −0.014% | $88 | — | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0105% | 1h | 152.38 | −0.079% | $131.2M | $128.3M | 20x | as long as short |
| Variational Omni SPCX | +0.0134% | 8h | 152.48 | −0.014% | $6.0M | $2.9M | — | as long as short |
| Binance SPCXUSDT | +0.0142% | 8h | 152.49 | −0.004% | $250.5M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0144% | 1h | 152.45 | −0.036% | $731K | $4.9M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0146% | 8h | 152.52 | +0.013% | $39.4M | $166.3M | 75x | as long as short |
| Nado SPCX-PERP | +0.0201% | 1h | 152.43 | −0.045% | $613K | $802K | 20x | as long as short |
| Bullet SPCX-USD | +0.0210% | 1h | 152.50 | +0.002% | $11K | $192K | 10x | as long as short |
| RISEx SPCX/USDC | +0.0217% | 1h | 152.52 | +0.013% | $408K | $517K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0248% | 1h | 152.44 | −0.039% | $739K | $931K | 10x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 152.37 | −0.085% | $443K | $264K | 15x | as long as short |
| edgeX SPCXUSDC | +0.0370% | 4h | 152.46 | −0.028% | $1.7M | $893K | 20x | as long as short |
| Aster SPCXUSD1 | +0.0417% | 8h | 152.57 | +0.047% | $18.9M | $24.0M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.19 | +0.452% | $9K | $28K | 5.5x | as long as short |
Bybit SPCXUSDT
SunX SPCX-USDT
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
HTX SPCX-USDT
BloFin SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Deribit SPCX_USDC-PERPETUAL
Lighter SPCX
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
tradeXYZ xyz:SPCX
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
OKX SPCX-USDT-SWAP
Bullet SPCX-USD
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
edgeX SPCXUSDC
Aster SPCXUSD1
Injective SPCX/USDC PERP