Funding you earn now, next payment 03:00 UTC−0.0151%/8h= −16.5% APRnext payment −$0.19 per $10,000 · paid last 24h −0.048%
Price spread now: QFEX against RISEx−0.023%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Funding, last 4 days (all we have)−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.023%, 7d avg −0.064%
=The price spread pays, funding is against you. QFEX is 0.041% dearer against RISEx than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.064%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx SPCX/USDC | 153.03 | 0.0199 | pay 0.0025% / 1h | 49m 49s | $408K | $549K | 20x |
| Short | QFEX SPCX-USD | 153.00 | 0.0048 | get 0.0006% / 1h | 49m 49s | $1.2M | $6.6M | 10x |
RISEx SPCX/USDC
QFEX SPCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against RISEx. 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
- −$31.7
- Price spread: −0.023% → −0.064%
- $4.13
- Slippage, 4 orders
- −$7.19
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$50.76
- Costs to cover
- 0.232%
- Break-even
- never at this rate
Slippage from RISEx: live order book, 14 min ago; QFEX: live order book, 4 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 RISEx live order book, 14 min ago | 1.96 bp | 5.0 bp −$5 | 5.6 bp −$56 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.63 bp | 6.6 bp −$7 | 7.2 bp −$72 | 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 −0.0333% / S +0.0531% | 1h | 152.97 | −0.039% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.98 | −0.036% | $96.0M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.735% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.88 | −0.101% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.23 | +0.127% | $8K | $941K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.02 | −0.010% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.94 | −0.063% | $7K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.93 | −0.069% | $2.5M | $7.2M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.93 | −0.069% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.99 | −0.029% | — | $1.2M | 10x | as long as short |
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 RH SPCX
Arcus SPCX-USD
Vest SPCX-USD-PERPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPCXUSDT | +0.0046% | 8h | 153.03 | −0.003% | $31.7M | $66.1M | 75x | as long as short |
| QFEX SPCX-USDshort | +0.0048% | 1h | 153.00 | −0.023% | $1.2M | $6.6M | 10x | |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.97 | −0.042% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.97 | −0.042% | $1.7M | $91K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.98 | −0.036% | $534K | $404K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.87 | −0.108% | $3.2M | $2.5M | 10x | as long as short |
| Bybit SPCXUSDT | +0.0064% | 8h | 153.00 | −0.023% | $30.8M | $42.8M | 100x | as long as short |
| Lighter SPCX | +0.0080% | 1h | 152.96 | −0.049% | $1.6M | $7.2M | 20x | as long as short |
| Paradex SPCX-USD-PERP | +0.0080% | 8h | 153.03 | −0.001% | $101 | — | 5x | as long as short |
| edgeX SPCXUSDC | +0.0086% | 4h | 152.97 | −0.043% | $1.7M | $892K | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.92 | −0.075% | $169K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.93 | −0.069% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.03 | −0.003% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.02 | −0.010% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.01 | −0.019% | $89 | — | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0142% | 1h | 152.95 | −0.056% | $72K | $1.2M | 10x | as long as short |
| Bullet SPCX-USD | +0.0188% | 1h | 153.00 | −0.023% | $11K | $189K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0190% | 8h | 153.02 | −0.010% | $39.5M | $167.9M | 75x | as long as short |
| Variational Omni SPCX | +0.0193% | 8h | 152.98 | −0.039% | $6.0M | $3.1M | — | as long as short |
| RISEx SPCX/USDClong | +0.0199% | 1h | 153.03 | long leg | $408K | $549K | 20x | |
| Binance SPCXUSDT | +0.0204% | 8h | 152.99 | −0.027% | $252.6M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0208% | 1h | 152.95 | −0.056% | $736K | $3.8M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0231% | 1h | 152.97 | −0.042% | $142.1M | $119.3M | 20x | as long as short |
| Nado SPCX-PERP | +0.0239% | 1h | 152.92 | −0.075% | $622K | $832K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.01 | −0.016% | $738K | $980K | 10x | as long as short |
| Phoenix SPCX | +0.0262% | 1h | 152.99 | −0.029% | $445K | $267K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0411% | 8h | 153.10 | +0.043% | $19.0M | $15.5M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.28 | +0.160% | $9K | $27K | 5.5x | as long as short |
Bitget SPCXUSDT
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
Bybit SPCXUSDT
Lighter SPCX
Paradex SPCX-USD-PERP
edgeX SPCXUSDC
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Deribit SPCX_USDC-PERPETUAL
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
tradeXYZ xyz:SPCX
Nado SPCX-PERP
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP