Funding you earn now, next payment 08:00 UTC+0.0013%/8h= +1.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.001%
Price spread now: OKX against Binance+0.037%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$210.214% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 7 days−0.049%−$5 · spread now +0.037%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and OKX is 0.049% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SPCXUSDT | 152.43 | 0.0102 | pay 0.0102% / 8h | 1h 41m | $250.6M | $1.36B | 75x |
| Short | OKX SPCX-USDT-SWAP | 152.49 | 0.0115 | get 0.0115% / 8h | 1h 41m | $39.6M | $166.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $2.64
- Price spread: +0.037% → −0.013%
- $4.93
- Slippage, 4 orders
- −$1.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$13.88
- Costs to cover
- 0.214%
- Break-even
- 43.9 days
Slippage from Binance: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago | 0.33 bp | 5.3 bp −$5 | 5.7 bp −$57 | 10.1 bp −$1,009 | 21.8 bp −$10.9K |
| Sell OKX live order book, 2 min ago | 0.33 bp | 5.5 bp −$5 | 7.2 bp −$72 | 14.0 bp −$1,400 | 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 −0.0187% / S +0.0435% | 1h | 152.41 | −0.019% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0017% | 8h | 152.57 | +0.089% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.49 | +0.037% | $30.6M | $42.7M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.45 | +0.010% | $96.1M | $31.8M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.50 | +0.043% | $31.2M | $66.0M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.184% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.57 | +0.089% | $300K | $2.7M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.81 | +0.247% | $8K | $897K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.54 | +0.069% | $1.3M | $1.8M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0021% | 1h | 152.50 | +0.045% | $7K | $8K | 10x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SPCX | +0.0032% | 1h | 152.41 | −0.016% | $2.5M | $7.3M | 20x | as long as short |
| QFEX SPCX-USD | +0.0038% | 1h | 152.44 | +0.004% | $1.2M | $5.5M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.45 | +0.010% | $103K | $299K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.45 | +0.010% | — | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.46 | +0.017% | $1.7M | $97K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.47 | +0.024% | $531K | $383K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.39 | −0.029% | $3.2M | $2.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0068% | 1h | 152.48 | +0.030% | $487K | $1.2M | 10x | as long as short |
| RISEx SPCX/USDC | +0.0072% | 1h | 152.51 | +0.051% | $408K | $498K | 20x | as long as short |
| Paradex SPCX-USD-PERP | +0.0077% | 8h | 152.47 | +0.023% | $101 | — | 5x | as long as short |
| tradeXYZ xyz:SPCX | +0.0080% | 1h | 152.38 | −0.035% | $130.0M | $129.1M | 20x | as long as short |
| Variational Omni SPCX | +0.0084% | 8h | 152.58 | +0.095% | $6.0M | $2.8M | — | as long as short |
| Lighter SPCX | +0.0088% | 1h | 152.42 | −0.009% | $1.6M | $7.4M | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.39 | −0.029% | $169K | $118K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.37 | −0.042% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.45 | +0.010% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.48 | +0.030% | $14K | $7K | 10x | as long as short |
| Binance SPCXUSDTlong | +0.0102% | 8h | 152.43 | long leg | $250.6M | $1.36B | 75x | |
| Extended SPCX-USD | +0.0104% | 1h | 152.42 | −0.010% | $733K | $4.3M | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.49 | +0.034% | $88 | — | 10x | as long as short |
| OKX SPCX-USDT-SWAPshort | +0.0115% | 8h | 152.49 | +0.037% | $39.6M | $166.7M | 75x | |
| Coinbase International SPCX-PERP-INTX | +0.0192% | 1h | 152.62 | +0.122% | $726K | $932K | 10x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.56 | +0.083% | $443K | $266K | 15x | as long as short |
| Nado SPCX-PERP | +0.0226% | 1h | 152.40 | −0.020% | $627K | $808K | 20x | as long as short |
| Bullet SPCX-USD | +0.0257% | 1h | 152.50 | +0.043% | $11K | $192K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0341% | 1h | 152.45 | +0.010% | $89K | $1.3M | 10x | as long as short |
| Aster SPCXUSD1 | +0.0365% | 8h | 152.58 | +0.095% | $18.9M | $26.3M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.89 | +0.299% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0976% | 4h | 152.55 | +0.075% | $1.7M | $893K | 20x | as long as short |
Binance SPCXUSDT
OKX SPCX-USDT-SWAP
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
SoDEX SPCX-USD
Phemex SPCXUSDT
Polymarket Perps SPCX-USD
RISEx SPCX/USDC
Paradex SPCX-USD-PERP
tradeXYZ xyz:SPCX
Variational Omni SPCX
Lighter SPCX
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Extended SPCX-USD
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Bullet SPCX-USD
Deribit SPCX_USDC-PERPETUAL
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC