Funding you earn now, next payment 08:00 UTC+0.0147%/8h= +16.1% APRnext payment +$1.47 per $10,000 · paid last 24h −0.017%
Price spread now: Binance against Bitget−0.022%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$250.245% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 7 days+0.071%+$7 · spread now −0.022%, 7d avg +0.001%
=Funding pays, the price is against you. Binance is 0.022% cheaper against Bitget than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of +0.001%). If the spread goes back, that is −$2 on $10k: about 12 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SPCXUSDT | 153.13 | 0 | get 0.0000% / 8h | 4h 19m | $31.7M | $65.3M | 75x |
| Short | Binance SPCXUSDT | 153.10 | 0.0147 | get 0.0147% / 8h | 4h 19m | $251.1M | $1.37B | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $30.94
- Price spread: −0.022% → +0.001%
- −$2.25
- Slippage, 4 orders
- −$2.52
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $4.17
- Costs to cover
- 0.245%
- Break-even
- 6.1 days
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 10 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 Bitget live order book, 5 min ago | 0.65 bp | 6.9 bp −$7 | 8.6 bp −$86 | 20.0 bp −$1,998 | 27.6 bp −$13.8K |
| Sell Binance live order book, 10 min ago | 0.33 bp | 5.3 bp −$5 | 5.6 bp −$56 | 9.8 bp −$979 | 22.3 bp −$11.1K |
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 −0.0253% / S +0.0486% | 1h | 153.04 | −0.056% | $91K | — | 20x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 153.09 | −0.026% | $30.8M | $42.9M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.08 | −0.033% | $96.3M | $31.3M | 100x | as long as short |
| Bitget SPCXUSDTlong | 0.0000% | 8h | 153.13 | long leg | $31.7M | $65.3M | 75x | |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.666% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 153.03 | −0.065% | $302K | $2.9M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.35 | +0.144% | $8K | $938K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.13 | 0.000% | $1.3M | $1.7M | 75x | as long as short |
| edgeX SPCXUSDC | 0.0000% | 4h | 153.08 | −0.031% | $1.7M | $892K | 20x | as long as short |
| Aftermath Perps SPCXUSD | +0.0022% | 1h | 153.03 | −0.065% | $8K | $8K | 10x | 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 | +0.0029% | 8h | 153.11 | −0.013% | $1.9M | $1.4M | 75x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 153.04 | −0.059% | $1.6M | $7.3M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 153.01 | −0.078% | $2.5M | $7.3M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 153.02 | −0.072% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.08 | −0.033% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0046% | 1h | 153.05 | −0.052% | $1.2M | $6.0M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.04 | −0.059% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.07 | −0.039% | $1.7M | $97K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.11 | −0.013% | $533K | $393K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.98 | −0.098% | $3.2M | $2.5M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0061% | 8h | 153.10 | −0.021% | $101 | — | 5x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0077% | 1h | 153.03 | −0.065% | $77K | $1.2M | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 153.00 | −0.085% | $169K | $130K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 153.02 | −0.072% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.12 | −0.007% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.08 | −0.033% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.08 | −0.030% | $89 | — | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0106% | 1h | 153.04 | −0.059% | $141.4M | $119.0M | 20x | as long as short |
| Bullet SPCX-USD | +0.0107% | 1h | 153.10 | −0.020% | $11K | $191K | 10x | as long as short |
| Nado SPCX-PERP | +0.0130% | 1h | 153.01 | −0.078% | $617K | $821K | 20x | as long as short |
| Variational Omni SPCX | +0.0133% | 8h | 153.09 | −0.028% | $6.0M | $3.0M | — | as long as short |
| Extended SPCX-USD | +0.0144% | 1h | 153.06 | −0.047% | $734K | $3.8M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0146% | 8h | 153.13 | 0.000% | $39.5M | $166.8M | 75x | as long as short |
| Binance SPCXUSDTshort | +0.0147% | 8h | 153.10 | −0.022% | $251.1M | $1.37B | 75x | |
| RISEx SPCX/USDC | +0.0191% | 1h | 153.13 | −0.003% | $410K | $530K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.10 | −0.020% | $738K | $926K | 10x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 153.10 | −0.020% | $445K | $268K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0409% | 8h | 153.17 | +0.029% | $19.0M | $21.1M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.50 | +0.242% | $9K | $28K | 5.5x | as long as short |
Bitget SPCXUSDT
Binance SPCXUSDT
GMX SPCX/USD [ETH-USDC]
Bybit SPCXUSDT
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
edgeX SPCXUSDC
Aftermath Perps SPCXUSD
BloFin SPCX-USDT
Lighter SPCX
Lighter RH SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Deribit SPCX_USDC-PERPETUAL
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
tradeXYZ xyz:SPCX
Bullet SPCX-USD
Variational Omni SPCX
Extended SPCX-USD
OKX SPCX-USDT-SWAP
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP