Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate−0.052%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$460.463% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 7 days+0.002%$0 · spread now −0.052%, 7d avg −0.020%
=Funding pays, the price is against you. KuCoin is 0.033% cheaper against Gate than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of −0.020%). If the spread goes back, that is −$3 on $10k: about 26 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPCX_USDT | 152.65 | 0 | get 0.0000% / 8h | 5h 26m | $96.2M | $32.8M | 100x |
| Short | KuCoin SPCXUSDTM | 152.57 | 0.0100 | get 0.0100% / 8h | 5h 26m | $13.0M | $6.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $21
- Price spread: −0.052% → −0.020%
- −$3.28
- Slippage, 4 orders
- −$19.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$28.6
- Costs to cover
- 0.463%
- Break-even
- 16.5 days
Slippage from Gate: live order book, 5 min ago; KuCoin: 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 Gate live order book, 5 min ago | 0.33 bp | 11.4 bp −$11 | 17.7 bp −$177 | 50.2 bp −$5,016 | 86.8 bp −$43.4K |
| Sell KuCoin live order book, 5 min ago | 0.98 bp | 12.3 bp −$12 | 32.9 bp −$329 | doesn't fit | doesn't fit |
SPCX on 38 exchanges
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 | 152.57 | −0.052% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0076% | 8h | 152.71 | +0.039% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.67 | +0.013% | $30.0M | $43.3M | 100x | as long as short |
| Gate SPCX_USDTlong | 0.0000% | 8h | 152.65 | long leg | $96.2M | $32.8M | 100x | |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.72 | +0.046% | $31.1M | $67.0M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.71 | +0.039% | $306K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.86 | +0.138% | $8K | $814K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.59 | −0.039% | $44K | $1.4M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.74 | +0.059% | $1.3M | $1.7M | 75x | as long as short |
| Variational Omni SPCX | +0.0010% | 8h | 152.62 | −0.020% | $5.9M | $2.7M | — | as long as short |
Show all 38 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SPCXUSD | +0.0020% | 1h | 152.61 | −0.027% | $7K | $7K | 10x | as long as short |
| QFEX SPCX-USD | +0.0030% | 1h | 152.67 | +0.013% | $1.2M | $5.4M | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.62 | −0.020% | $1.6M | $7.5M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.59 | −0.039% | $2.5M | $7.3M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 152.78 | +0.085% | $9K | $28K | 5.5x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.57 | −0.052% | $103K | $292K | 5x | as long as short |
| Binance SPCXUSDT | +0.0044% | 8h | 152.68 | +0.020% | $251.7M | $1.38B | 75x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.61 | −0.026% | — | $1.2M | 10x | as long as short |
| Extended SPCX-USD | +0.0048% | 1h | 152.63 | −0.014% | $728K | $5.3M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.59 | −0.039% | $128.3M | $129.9M | 20x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.63 | −0.013% | $1.7M | $56K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.62 | −0.020% | $532K | $371K | 50x | as long as short |
| Paradex SPCX-USD-PERP | +0.0050% | 8h | 152.66 | +0.005% | $101 | — | 5x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.57 | −0.052% | $3.0M | $2.1M | 10x | as long as short |
| RISEx SPCX/USDC | +0.0051% | 1h | 152.70 | +0.030% | $351K | $518K | 20x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0076% | 8h | 152.70 | +0.033% | $39.5M | $168.6M | 75x | as long as short |
| Bullet SPCX-USD | +0.0091% | 1h | 152.69 | +0.026% | $11K | $191K | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.60 | −0.033% | $169K | $114K | 10x | as long as short |
| KuCoin SPCXUSDTMshort | +0.0100% | 8h | 152.57 | −0.052% | $13.0M | $6.3M | 20x | |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.54 | −0.072% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.67 | +0.013% | $15K | $7K | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0100% | 1h | 152.68 | +0.020% | $487K | $1.1M | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.64 | −0.007% | $89 | — | 10x | as long as short |
| Nado SPCX-PERP | +0.0111% | 1h | 152.62 | −0.022% | $632K | $805K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0130% | 4h | 152.63 | −0.016% | $1.7M | $888K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0136% | 1h | 152.70 | +0.033% | $735K | $1.1M | 10x | as long as short |
| Phoenix SPCX | +0.0209% | 1h | 152.64 | −0.007% | $448K | $271K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0397% | 8h | 152.80 | +0.098% | $19.0M | $30.6M | 20x | as long as short |
Gate SPCX_USDT
KuCoin SPCXUSDTM
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Bitget SPCXUSDT
StandX SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDT
Variational Omni SPCX
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
Injective SPCX/USDC PERP
Binance SPCXUSDT
Extended SPCX-USD
tradeXYZ xyz:SPCX
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
RISEx SPCX/USDC
OKX SPCX-USDT-SWAP
Bullet SPCX-USD
Pacifica SPCX
ApeX Omni SPCXUSDT
Polymarket Perps SPCX-USD
edgeX SPCXUSDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1