Funding you earn now, next payment 08:00 UTC−0.0090%/8h= −9.8% APRnext payment −$0.11 per $10,000 · paid last 24h +0.006%
Price spread now: RISEx against Coinbase International+0.079%7-day average +0.046% · 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−$22as in the Price arb table
costs, in and out, $10k−$260.255% of the position
Funding, last 4 days (all we have)−0.086%−$9 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.079%, 7d avg +0.046%
=The price spread pays, funding is against you. RISEx is 0.033% dearer against Coinbase International than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of +0.046%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SPCX-PERP-INTX | 152.13 | 0.0280 | pay 0.0035% / 1h | 35m 07s | $693K | $992K | 10x |
| Short | RISEx SPCX/USDC | 152.25 | 0.0190 | get 0.0024% / 1h | 35m 07s | $381K | $506K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Coinbase International. 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
- −$18.85
- Price spread: +0.079% → +0.046%
- $3.33
- Slippage, 4 orders
- −$9.53
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$41.06
- Costs to cover
- 0.255%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 63 min ago; RISEx: live order book, 63 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 Coinbase International live order book, 63 min ago | 2.95 bp | 8.1 bp −$8 | 10.7 bp −$107 | doesn't fit | doesn't fit |
| Sell RISEx live order book, 63 min ago | 0.98 bp | 4.0 bp −$4 | 4.9 bp −$49 | doesn't fit | doesn't fit |
SPCX on 38 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 −0.0187% / S +0.0435% | 1h | 152.10 | −0.016% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0015% | 8h | 152.22 | +0.059% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.19 | +0.039% | $30.4M | $43.0M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.17 | +0.026% | $96.2M | $32.1M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.21 | +0.053% | $31.0M | $66.8M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.28 | +0.099% | $300K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.56 | +0.283% | $8K | $854K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.33 | +0.131% | $1.3M | $1.8M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0019% | 1h | 152.18 | +0.031% | $7K | $7K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.11 | −0.013% | $1.6M | $7.4M | 20x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SPCX | +0.0032% | 1h | 152.10 | −0.020% | $2.5M | $7.3M | 20x | as long as short |
| QFEX SPCX-USD | +0.0035% | 1h | 152.16 | +0.020% | $1.2M | $5.4M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.16 | +0.020% | $102K | $299K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.20 | +0.046% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.09 | −0.026% | $129.7M | $129.3M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.09 | −0.026% | $487K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.16 | +0.020% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.21 | +0.053% | $529K | $363K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.11 | −0.013% | $3.1M | $2.2M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0062% | 8h | 152.22 | +0.058% | $100 | — | 5x | as long as short |
| Nado SPCX-PERP | +0.0080% | 1h | 152.16 | +0.019% | $635K | $813K | 20x | as long as short |
| Bullet SPCX-USD | +0.0083% | 1h | 152.22 | +0.057% | $11K | $192K | 10x | as long as short |
| Variational Omni SPCX | +0.0085% | 8h | 152.23 | +0.066% | $5.9M | $2.8M | — | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.12 | −0.007% | $168K | $117K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.14 | +0.007% | $13.0M | $5.7M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.34 | +0.138% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.23 | +0.066% | $14K | $7K | 10x | as long as short |
| Extended SPCX-USD | +0.0104% | 1h | 152.18 | +0.031% | $725K | $5.3M | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.19 | +0.042% | $88 | — | 10x | as long as short |
| Binance SPCXUSDT | +0.0105% | 8h | 152.18 | +0.033% | $253.1M | $1.37B | 75x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0117% | 8h | 152.20 | +0.046% | $39.4M | $167.3M | 75x | as long as short |
| RISEx SPCX/USDCshort | +0.0190% | 1h | 152.25 | +0.079% | $381K | $506K | 20x | |
| Phoenix SPCX | +0.0210% | 1h | 152.25 | +0.079% | $447K | $268K | 15x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0210% | 1h | 152.17 | +0.026% | $86K | $1.4M | 10x | as long as short |
| Coinbase International SPCX-PERP-INTXlong | +0.0280% | 1h | 152.13 | long leg | $693K | $992K | 10x | |
| Aster SPCXUSD1 | +0.0383% | 8h | 152.33 | +0.130% | $18.9M | $30.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.51 | +0.250% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0713% | 4h | 152.24 | +0.073% | $1.7M | $890K | 20x | as long as short |
Coinbase International SPCX-PERP-INTX
RISEx SPCX/USDC
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Bullet SPCX-USD
Variational Omni SPCX
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Extended SPCX-USD
Binance SPCXUSDT
OKX SPCX-USDT-SWAP
Phoenix SPCX
Deribit SPCX_USDC-PERPETUAL
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC