Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.44 per $10,000 · paid last 24h −0.014%
Price spread now: Bybit against KuCoin+0.078%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$420.420% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now +0.078%, 7d avg +0.046%
=The price spread pays, funding is against you. Bybit is 0.033% dearer against KuCoin than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.046%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SPCXUSDTM | 152.90 | 0.0100 | pay 0.0100% / 8h | 6h 36m | $13.0M | $5.5M | 20x |
| Short | Bybit SPCXUSDT | 153.02 | 0.0056 | get 0.0056% / 8h | 6h 36m | $30.9M | $42.9M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- −$9.22
- Price spread: +0.078% → +0.046%
- $3.27
- Slippage, 4 orders
- −$19.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$47.98
- Costs to cover
- 0.420%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Bybit: 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 KuCoin live order book, 7 min ago | 0.98 bp | 15.4 bp −$15 | 43.0 bp −$430 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.33 bp | 6.8 bp −$7 | 9.0 bp −$90 | 32.8 bp −$3,276 | 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 −0.0347% / S +0.0541% | 1h | 152.99 | +0.056% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.99 | +0.059% | $96.1M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.833% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.88 | −0.013% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.20 | +0.196% | $8K | $948K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.01 | +0.072% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.95 | +0.031% | $7K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.93 | +0.020% | $1.6M | $7.2M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.92 | +0.013% | $2.5M | $7.2M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 153.32 | +0.275% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus SPCX-USD | +0.0040% | 1h | 152.91 | +0.007% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.99 | +0.059% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0049% | 1h | 152.97 | +0.046% | $1.2M | $6.8M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.95 | +0.033% | $501K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.99 | +0.059% | $1.7M | $89K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.00 | +0.065% | $534K | $406K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.80 | −0.065% | $3.2M | $2.6M | 10x | as long as short |
| Bybit SPCXUSDTshort | +0.0056% | 8h | 153.02 | +0.078% | $30.9M | $42.9M | 100x | |
| Paradex SPCX-USD-PERP | +0.0078% | 8h | 152.99 | +0.058% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.91 | +0.007% | $169K | $133K | 10x | as long as short |
| KuCoin SPCXUSDTMlong | +0.0100% | 8h | 152.90 | long leg | $13.0M | $5.5M | 20x | |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.85 | −0.033% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.00 | +0.065% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.99 | +0.058% | $89 | — | 10x | as long as short |
| BloFin SPCX-USDT | +0.0116% | 8h | 153.03 | +0.085% | $1.9M | $1.4M | 75x | as long as short |
| Bullet SPCX-USD | +0.0123% | 1h | 153.01 | +0.072% | $11K | $190K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0141% | 1h | 152.97 | +0.046% | $142.3M | $119.1M | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0142% | 1h | 152.95 | +0.033% | $72K | $1.1M | 10x | as long as short |
| Bitget SPCXUSDT | +0.0183% | 8h | 153.05 | +0.098% | $31.8M | $66.3M | 75x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0192% | 8h | 153.02 | +0.078% | $39.4M | $168.9M | 75x | as long as short |
| Variational Omni SPCX | +0.0205% | 8h | 153.00 | +0.066% | $6.0M | $3.3M | — | as long as short |
| Binance SPCXUSDT | +0.0220% | 8h | 153.02 | +0.081% | $252.8M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0224% | 1h | 152.98 | +0.050% | $736K | $3.8M | 10x | as long as short |
| Nado SPCX-PERP | +0.0240% | 1h | 152.91 | +0.005% | $620K | $840K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0288% | 1h | 153.14 | +0.157% | $728K | $969K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 152.98 | +0.052% | $445K | $270K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0389% | 8h | 153.09 | +0.123% | $19.0M | $16.3M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0410% | 1h | 153.02 | +0.079% | $408K | $539K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0965% | 4h | 152.93 | +0.021% | $1.7M | $893K | 20x | as long as short |
KuCoin SPCXUSDTM
Bybit SPCXUSDT
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
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
ApeX Omni SPCXUSDT
BloFin SPCX-USDT
Bullet SPCX-USD
tradeXYZ xyz:SPCX
Deribit SPCX_USDC-PERPETUAL
Bitget SPCXUSDT
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
RISEx SPCX/USDC
edgeX SPCXUSDC