Funding you earn now, next payment 08:00 UTC+0.0158%/8h= +17.3% APRnext payment +$1.58 per $10,000 · paid last 24h +0.020%
Price spread now: OKX against SunX−0.137%47s7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$710.714% of the position
Funding, last 7 days+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.137%, 7d avg −0.058%
=Funding pays, the price is against you. OKX is 0.079% cheaper against SunX than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of −0.058%). If the spread goes back, that is −$8 on $10k: about 40 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.023% in total) that is about 24 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SPCX-USDT | 153.12 | 0 | get 0.0000% / 8h | 3h 42m | $8K | $932K | 10x |
| Short | OKX SPCX-USDT-SWAP | 152.91 | 0.0158 | get 0.0158% / 8h | 3h 42m | $39.6M | $166.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against SunX. 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
- $33.26
- Price spread: −0.137% → −0.058%
- −$7.91
- Slippage, 4 orders
- −$53.4
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$46.04
- Costs to cover
- 0.714%
- Break-even
- 16.7 days
Slippage from SunX: live order book, 40 min ago; OKX: live order book, 1 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 SunX live order book, 40 min ago | 21.86 bp | 25.9 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.33 bp | 5.9 bp −$6 | 7.6 bp −$76 | 12.5 bp −$1,254 | 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 −0.0214% / S +0.0456% | 1h | 152.84 | −0.180% | $90K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.86 | −0.170% | $96.3M | $31.2M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.91 | −0.137% | $31.8M | $65.3M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.676% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.92 | −0.131% | $301K | $2.9M | 20x | as long as short |
| SunX SPCX-USDTlong | 0.0000% | 8h | 153.12 | long leg | $8K | $932K | 10x | |
| HTX SPCX-USDT | 0.0000% | 8h | 152.94 | −0.118% | $1.3M | $1.7M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0017% | 8h | 152.88 | −0.157% | $30.7M | $42.6M | 100x | as long as short |
| Aftermath Perps SPCXUSD | +0.0032% | 1h | 152.86 | −0.168% | $7K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.81 | −0.202% | $2.5M | $7.3M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPCX-USDT | +0.0035% | 8h | 152.91 | −0.137% | $1.9M | $1.3M | 75x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.82 | −0.196% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.81 | −0.202% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.83 | −0.189% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.85 | −0.176% | $1.7M | $97K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.88 | −0.157% | $533K | $391K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.79 | −0.216% | $3.2M | $2.4M | 10x | as long as short |
| QFEX SPCX-USD | +0.0050% | 1h | 152.85 | −0.176% | $1.2M | $5.8M | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.78 | −0.222% | $169K | $121K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.80 | −0.209% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.92 | −0.131% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.87 | −0.163% | $15K | $7K | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0101% | 8h | 152.90 | −0.146% | $101 | — | 5x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.87 | −0.160% | $89 | — | 10x | as long as short |
| Variational Omni SPCX | +0.0141% | 8h | 152.91 | −0.138% | $6.0M | $2.9M | — | as long as short |
| Lighter SPCX | +0.0152% | 1h | 152.84 | −0.183% | $1.6M | $7.3M | 20x | as long as short |
| Extended SPCX-USD | +0.0152% | 1h | 152.82 | −0.193% | $738K | $3.8M | 10x | as long as short |
| Binance SPCXUSDT | +0.0155% | 8h | 152.88 | −0.159% | $248.6M | $1.36B | 75x | as long as short |
| OKX SPCX-USDT-SWAPshort | +0.0158% | 8h | 152.91 | −0.137% | $39.6M | $166.1M | 75x | |
| edgeX SPCXUSDC | +0.0206% | 4h | 152.89 | −0.149% | $1.7M | $893K | 20x | as long as short |
| RISEx SPCX/USDC | +0.0217% | 1h | 152.89 | −0.149% | $409K | $517K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0248% | 1h | 152.90 | −0.144% | $741K | $939K | 10x | as long as short |
| Nado SPCX-PERP | +0.0249% | 1h | 152.73 | −0.253% | $615K | $810K | 20x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 152.93 | −0.124% | $445K | $264K | 15x | as long as short |
| Bullet SPCX-USD | +0.0279% | 1h | 152.90 | −0.147% | $12K | $192K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0281% | 1h | 152.84 | −0.183% | $141.3M | $119.2M | 20x | as long as short |
| Aster SPCXUSD1 | +0.0430% | 8h | 152.98 | −0.091% | $19.0M | $22.9M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.24 | +0.078% | $9K | $28K | 5.5x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0536% | 1h | 152.84 | −0.183% | $84K | $1.2M | 10x | as long as short |
SunX SPCX-USDT
OKX SPCX-USDT-SWAP
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
HTX SPCX-USDT
Bybit SPCXUSDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
BloFin SPCX-USDT
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Paradex SPCX-USD-PERP
Variational Omni SPCX
Lighter SPCX
Extended SPCX-USD
Binance SPCXUSDT
edgeX SPCXUSDC
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Bullet SPCX-USD
tradeXYZ xyz:SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
Deribit SPCX_USDC-PERPETUAL