SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0206%/8h= −22.5% APRnext payment −$2.06 per $10,000 · paid last 24h −0.021%

Price spread now: Gate against Binance−0.022%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$330.334% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 2 days (all we have)−0.019%−$2 · spread now −0.022%, 7d avg −0.028%

Together, before fees−0.069%−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.06 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SPCXUSDT	152.99	0.0206	pay 0.0206% / 8h	5h 54m	$252.6M	$1.37B	75x
Short	Gate SPCX_USDT	152.96	0	get 0.0000% / 8h	5h 54m	$96.0M	$31.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now −0.022%Rate

Funding earned: −$43.23
Price spread: −0.022% → −0.028%: $0.61
Slippage, 4 orders: −$8.41
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$76.03
Costs to cover: 0.334%
Break-even: never at this rate

Slippage from Binance: live order book, 5 min ago; Gate: 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, 5 min ago	0.33 bp	5.3 bp −$5	5.7 bp −$57	9.5 bp −$952	16.8 bp −$8,408
Sell Gate live order book, 5 min ago	0.65 bp	11.5 bp −$12	15.9 bp −$159	33.0 bp −$3,297	51.6 bp −$25.8K

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	−0.019%	$88K	—	20x	as long as short
Gate SPCX_USDTshort	0.0000%	8h	152.96	−0.022%	$96.0M	$31.2M	100x
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.763%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.91	−0.055%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.27	+0.180%	$8K	$941K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.02	+0.017%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.95	−0.031%	$7K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.88	−0.075%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.92	−0.048%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.96	−0.022%	—	$1.2M	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USD	+0.0048%	1h	152.96	−0.022%	$1.2M	$6.6M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.94	−0.035%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.97	−0.016%	$1.7M	$91K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.99	−0.003%	$535K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.86	−0.088%	$3.2M	$2.5M	10x	as long as short
Lighter SPCX	+0.0056%	1h	152.91	−0.055%	$1.6M	$7.2M	20x	as long as short
Bitget SPCXUSDT	+0.0058%	8h	153.02	+0.017%	$31.7M	$66.1M	75x	as long as short
Bybit SPCXUSDT	+0.0061%	8h	153.00	+0.004%	$30.8M	$42.8M	100x	as long as short
Paradex SPCX-USD-PERP	+0.0079%	8h	153.00	+0.006%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.89	−0.068%	$169K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.90	−0.062%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	−0.042%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.99	−0.003%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.98	−0.011%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0178%	1h	153.00	+0.004%	$11K	$189K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0189%	8h	153.02	+0.017%	$39.5M	$168.0M	75x	as long as short
edgeX SPCXUSDC	+0.0193%	4h	152.98	−0.012%	$1.7M	$891K	20x	as long as short
Variational Omni SPCX	+0.0194%	8h	152.98	−0.009%	$6.0M	$3.1M	—	as long as short
RISEx SPCX/USDC	+0.0199%	1h	153.00	+0.005%	$408K	$549K	20x	as long as short
Binance SPCXUSDTlong	+0.0206%	8h	152.99	long leg	$252.6M	$1.37B	75x
Extended SPCX-USD	+0.0208%	1h	152.95	−0.027%	$736K	$3.8M	10x	as long as short
Nado SPCX-PERP	+0.0236%	1h	152.86	−0.090%	$622K	$832K	20x	as long as short
tradeXYZ xyz:SPCX	+0.0241%	1h	152.97	−0.016%	$142.1M	$119.3M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	152.97	−0.016%	$738K	$968K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.98	−0.009%	$445K	$267K	15x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0339%	1h	152.93	−0.042%	$72K	$1.2M	10x	as long as short
Aster SPCXUSD1	+0.0410%	8h	153.07	+0.049%	$19.0M	$15.3M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.29	+0.193%	$9K	$27K	5.5x	as long as short