Funding you earn now, next payment 00:00 UTC−0.0047%/8h= −5.2% APRnext payment −$0.47 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.011%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$250.247% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 2 days (all we have)−0.008%−$1 · spread now −0.011%, 7d avg −0.012%
=The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SPCXUSDT | 152.92 | 0.0198 | pay 0.0198% / 8h | 19m 07s | $253.1M | $1.39B | 75x |
| Short | Bybit SPCXUSDT | 152.90 | 0.0150 | get 0.0150% / 8h | 19m 07s | $30.7M | $42.8M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- −$9.92
- Price spread: −0.011% → −0.012%
- $0.03
- Slippage, 4 orders
- −$3.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$34.55
- Costs to cover
- 0.247%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Bybit: live order book, 5 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 Binance live order book, 10 min ago | 0.33 bp | 5.3 bp −$5 | 6.1 bp −$61 | 8.7 bp −$873 | 19.2 bp −$9,608 |
| Sell Bybit live order book, 5 min ago | 0.33 bp | 7.1 bp −$7 | 10.0 bp −$100 | 29.4 bp −$2,935 | 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 −0.0278% / S +0.0492% | 1h | 152.87 | −0.034% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.88 | −0.024% | $96.6M | $31.4M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.817% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.82 | −0.064% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.10 | +0.120% | $8K | $972K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.90 | −0.011% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0030% | 1h | 152.83 | −0.057% | $7K | $10K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.83 | −0.057% | $2.5M | $7.6M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +2.833% | $9K | $27K | 5.5x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.83 | −0.057% | $105K | $297K | 5x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.86 | −0.037% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.86 | −0.037% | $489K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.90 | −0.011% | $1.7M | $79K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.83 | −0.057% | $535K | $410K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.79 | −0.083% | $3.2M | $2.8M | 10x | as long as short |
| QFEX SPCX-USD | +0.0052% | 1h | 152.86 | −0.037% | $1.2M | $7.7M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0078% | 8h | 152.92 | +0.002% | $1.9M | $1.4M | 75x | as long as short |
| Lighter SPCX | +0.0088% | 1h | 152.87 | −0.031% | $1.6M | $7.4M | 20x | as long as short |
| Paradex SPCX-USD-PERP | +0.0091% | 8h | 152.91 | −0.008% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.82 | −0.064% | $173K | $130K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.78 | −0.090% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.85 | −0.044% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.90 | −0.011% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.92 | +0.005% | $89 | — | 10x | as long as short |
| Bullet SPCX-USD | +0.0145% | 1h | 152.90 | −0.011% | $12K | $188K | 10x | as long as short |
| Bybit SPCXUSDTshort | +0.0150% | 8h | 152.90 | −0.011% | $30.7M | $42.8M | 100x | |
| Variational Omni SPCX | +0.0176% | 8h | 152.93 | +0.011% | $6.0M | $3.5M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0195% | 8h | 152.91 | −0.005% | $38.9M | $169.4M | 75x | as long as short |
| Binance SPCXUSDTlong | +0.0198% | 8h | 152.92 | long leg | $253.1M | $1.39B | 75x | |
| Extended SPCX-USD | +0.0200% | 1h | 152.89 | −0.018% | $734K | $3.6M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0252% | 1h | 152.85 | −0.044% | $143.4M | $119.4M | 20x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 152.91 | −0.005% | $446K | $269K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0280% | 1h | 152.97 | +0.035% | $733K | $970K | 10x | as long as short |
| edgeX SPCXUSDC | +0.0281% | 4h | 152.91 | −0.003% | $1.7M | $892K | 20x | as long as short |
| Nado SPCX-PERP | +0.0294% | 1h | 152.77 | −0.097% | $601K | $885K | 20x | as long as short |
| Aster SPCXUSD1 | +0.0295% | 8h | 152.99 | +0.046% | $19.0M | $21.3M | 20x | as long as short |
| Bitget SPCXUSDT | +0.0310% | 8h | 152.92 | +0.002% | $31.2M | $67.3M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0339% | 1h | 152.94 | +0.018% | $403K | $539K | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0536% | 1h | 152.88 | −0.024% | $71K | $1.0M | 10x | as long as short |
Binance SPCXUSDT
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 RH SPCX
Injective SPCX/USDC PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
BloFin SPCX-USDT
Lighter SPCX
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Bullet SPCX-USD
Variational Omni SPCX
OKX SPCX-USDT-SWAP
Extended SPCX-USD
tradeXYZ xyz:SPCX
Phoenix SPCX
Coinbase International SPCX-PERP-INTX
edgeX SPCXUSDC
Aster SPCXUSD1
Bitget SPCXUSDT
RISEx SPCX/USDC
Deribit SPCX_USDC-PERPETUAL