Funding you earn now, next payment 02:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.03 per $10,000 · paid last 24h +0.022%
Price spread now: Deribit against ApeX Omni−0.098%7-day average −0.005% · 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−$59as in the Price arb table
costs, in and out, $10k−$500.496% of the position
Funding, last 5 days (all we have)−0.029%−$3 on $10k
+Price spread, last 3 days (all we have)+0.082%+$8 · spread now −0.098%, 7d avg −0.005%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.093% cheaper against ApeX Omni than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SPCXUSDT | 153.05 | 0.0100 | pay 0.0013% / 1h | 38m 23s | $58K | $271K | 50x |
| Short | Deribit SPCX_USDC-PERPETUAL | 152.90 | 0.0077 | get 0.0010% / 1h | 38m 23s | $72K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against ApeX Omni. 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
- −$4.8
- Price spread: −0.098% → −0.005%
- −$9.33
- Slippage, 4 orders
- −$32.57
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$63.7
- Costs to cover
- 0.496%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 29 min ago; Deribit: 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 ApeX Omni live order book, 29 min ago | 10.12 bp | 15.1 bp −$15 | 37.9 bp −$379 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 1 min ago | 5.56 bp | 9.7 bp −$10 | 11.0 bp −$110 | 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 −0.0345% / S +0.0540% | 1h | 152.93 | −0.082% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.92 | −0.085% | $96.2M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.722% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.90 | −0.098% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.20 | +0.098% | $8K | $949K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.93 | −0.078% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.95 | −0.067% | $7K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.90 | −0.098% | $1.6M | $7.2M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.88 | −0.111% | $2.5M | $7.2M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 153.32 | +0.176% | $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 | −0.091% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.97 | −0.052% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0049% | 1h | 152.95 | −0.065% | $1.2M | $6.8M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.92 | −0.085% | $500K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.93 | −0.078% | $1.7M | $89K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.96 | −0.059% | $534K | $406K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.82 | −0.150% | $3.2M | $2.6M | 10x | as long as short |
| Bybit SPCXUSDT | +0.0054% | 8h | 152.95 | −0.065% | $30.9M | $42.9M | 100x | as long as short |
| Deribit SPCX_USDC-PERPETUALshort | +0.0077% | 1h | 152.90 | −0.098% | $72K | $1.1M | 10x | |
| Paradex SPCX-USD-PERP | +0.0079% | 8h | 152.96 | −0.057% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.85 | −0.131% | $169K | $133K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.89 | −0.105% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDTlong | +0.0100% | 1h | 153.05 | long leg | $58K | $271K | 50x | |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.95 | −0.065% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.95 | −0.065% | $89 | — | 10x | as long as short |
| BloFin SPCX-USDT | +0.0116% | 8h | 153.03 | −0.013% | $1.9M | $1.4M | 75x | as long as short |
| Bullet SPCX-USD | +0.0123% | 1h | 152.94 | −0.072% | $11K | $190K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0140% | 1h | 152.93 | −0.078% | $142.3M | $119.1M | 20x | as long as short |
| Bitget SPCXUSDT | +0.0190% | 8h | 152.97 | −0.052% | $31.8M | $66.4M | 75x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0195% | 8h | 152.95 | −0.065% | $39.4M | $168.8M | 75x | as long as short |
| Variational Omni SPCX | +0.0211% | 8h | 152.99 | −0.038% | $6.0M | $3.3M | — | as long as short |
| Binance SPCXUSDT | +0.0222% | 8h | 152.95 | −0.065% | $252.7M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0224% | 1h | 152.91 | −0.088% | $736K | $3.8M | 10x | as long as short |
| Nado SPCX-PERP | +0.0243% | 1h | 152.89 | −0.107% | $620K | $841K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0288% | 1h | 153.14 | +0.059% | $728K | $969K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 152.98 | −0.046% | $445K | $270K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0390% | 8h | 153.04 | −0.008% | $19.0M | $16.6M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0410% | 1h | 153.00 | −0.033% | $408K | $539K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0591% | 4h | 153.01 | −0.025% | $1.7M | $892K | 20x | as long as short |
ApeX Omni SPCXUSDT
Deribit SPCX_USDC-PERPETUAL
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
Bybit SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
BloFin SPCX-USDT
Bullet SPCX-USD
tradeXYZ xyz:SPCX
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