Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.14 per $10,000 · paid last 24h +0.010%
Price spread now: KuCoin against OKX−0.098%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$380.378% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 7 days+0.025%+$3 · spread now −0.098%, 7d avg −0.049%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and KuCoin is 0.049% cheaper against OKX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.049%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SPCX-USDT-SWAP | 152.78 | 0.0114 | pay 0.0114% / 8h | 2h 07m | $39.6M | $166.8M | 75x |
| Short | KuCoin SPCXUSDTM | 152.63 | 0.0100 | get 0.0100% / 8h | 2h 07m | $13.0M | $5.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- −$2.94
- Price spread: −0.098% → −0.049%
- −$4.92
- Slippage, 4 orders
- −$15.76
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$45.62
- Costs to cover
- 0.378%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; KuCoin: live order book, 6 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 OKX live order book, 1 min ago | 0.33 bp | 5.3 bp −$5 | 6.4 bp −$64 | 11.9 bp −$1,192 | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 0.98 bp | 12.2 bp −$12 | 50.8 bp −$508 | 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 −0.0187% / S +0.0435% | 1h | 152.66 | −0.075% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0018% | 8h | 152.68 | −0.065% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.76 | −0.013% | $30.7M | $42.7M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.74 | −0.026% | $96.2M | $31.9M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.79 | +0.007% | $31.2M | $65.9M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.929% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.80 | +0.013% | $301K | $2.8M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.96 | +0.118% | $8K | $898K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.71 | −0.046% | $88K | $1.3M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.82 | +0.026% | $1.3M | $1.8M | 75x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SPCXUSD | +0.0017% | 1h | 152.65 | −0.083% | $7K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.70 | −0.052% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.68 | −0.065% | $2.5M | $7.3M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.65 | −0.085% | $105K | $297K | 5x | as long as short |
| QFEX SPCX-USD | +0.0043% | 1h | 152.69 | −0.059% | $1.2M | $5.5M | 10x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.77 | −0.007% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.66 | −0.079% | $130.3M | $129.0M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.70 | −0.052% | $488K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.72 | −0.039% | $1.7M | $96K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.75 | −0.020% | $531K | $385K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.60 | −0.118% | $3.2M | $2.3M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0056% | 8h | 152.73 | −0.036% | $101 | — | 5x | as long as short |
| Variational Omni SPCX | +0.0089% | 8h | 152.72 | −0.040% | $6.0M | $2.8M | — | as long as short |
| Nado SPCX-PERP | +0.0097% | 1h | 152.69 | −0.057% | $613K | $801K | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.66 | −0.079% | $169K | $118K | 10x | as long as short |
| KuCoin SPCXUSDTMshort | +0.0100% | 8h | 152.63 | −0.098% | $13.0M | $5.4M | 20x | |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.69 | −0.059% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.75 | −0.020% | $15K | $7K | 10x | as long as short |
| Binance SPCXUSDT | +0.0100% | 8h | 152.76 | −0.013% | $250.5M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0104% | 1h | 152.72 | −0.036% | $731K | $4.6M | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.72 | −0.037% | $89 | — | 10x | as long as short |
| OKX SPCX-USDT-SWAPlong | +0.0114% | 8h | 152.78 | long leg | $39.6M | $166.8M | 75x | |
| Bullet SPCX-USD | +0.0126% | 1h | 152.75 | −0.019% | $11K | $193K | 10x | as long as short |
| RISEx SPCX/USDC | +0.0238% | 1h | 152.76 | −0.010% | $409K | $513K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0248% | 1h | 152.70 | −0.052% | $731K | $938K | 10x | as long as short |
| Phoenix SPCX | +0.0263% | 1h | 152.78 | 0.000% | $444K | $266K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0359% | 8h | 152.79 | +0.006% | $18.9M | $24.8M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.70 | −0.052% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0483% | 4h | 152.72 | −0.041% | $1.7M | $891K | 20x | as long as short |
OKX SPCX-USDT-SWAP
KuCoin SPCXUSDTM
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
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
Variational Omni SPCX
Pacifica SPCX
ApeX Omni SPCXUSDT
Binance SPCXUSDT
Extended SPCX-USD
Bullet SPCX-USD
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC