Funding you earn now, next payment 00:00 UTC+0.0065%/8h= +7.1% APRnext payment +$0.65 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit−0.007%7-day average +0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 2 days (all we have)+0.028%+$3 · spread now −0.007%, 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: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SPCXUSDT | 152.63 | 0.0142 | pay 0.0142% / 8h | 1h 46m | $30.7M | $42.3M | 100x |
| Short | Binance SPCXUSDT | 152.62 | 0.0206 | get 0.0206% / 8h | 1h 46m | $256.0M | $1.38B | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $13.56
- Price spread: −0.007% → +0.012%
- −$1.84
- Slippage, 4 orders
- −$6.4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$15.68
- Costs to cover
- 0.274%
- Break-even
- 15.1 days
Slippage from Bybit: live order book, 2 min ago; Binance: live order book, 12 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 Bybit live order book, 2 min ago | 0.65 bp | 8.5 bp −$9 | 11.7 bp −$117 | 43.1 bp −$4,306 | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.33 bp | 5.3 bp −$5 | 6.7 bp −$67 | 11.7 bp −$1,174 | 21.9 bp −$11.0K |
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 −0.0335% / S +0.0533% | 1h | 152.59 | −0.023% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.61 | −0.013% | $96.5M | $30.8M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.51 | +13.024% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.67 | +0.026% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.79 | +0.105% | $8K | $976K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.62 | −0.007% | $1.3M | $1.7M | 75x | as long as short |
| Bullet SPCX-USD | +0.0020% | 1h | 152.62 | −0.007% | $12K | $189K | 10x | as long as short |
| Aftermath Perps SPCXUSD | +0.0024% | 1h | 152.59 | −0.026% | $7K | $10K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.57 | −0.039% | $1.6M | $7.1M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.57 | −0.039% | $2.4M | $7.5M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +3.027% | $9K | $27K | 5.5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.66 | +0.020% | — | $1.1M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.60 | −0.020% | $489K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.60 | −0.020% | $1.7M | $79K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.62 | −0.007% | $539K | $404K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.47 | −0.105% | $3.2M | $2.6M | 10x | as long as short |
| QFEX SPCX-USD | +0.0066% | 1h | 152.61 | −0.013% | $1.2M | $7.6M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0079% | 8h | 152.62 | −0.006% | $101 | — | 5x | as long as short |
| tradeXYZ xyz:SPCX | +0.0083% | 1h | 152.59 | −0.026% | $129.8M | $107.4M | 20x | as long as short |
| BloFin SPCX-USDT | +0.0088% | 8h | 152.64 | +0.007% | $1.9M | $1.4M | 75x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.53 | −0.066% | $175K | $130K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.49 | −0.092% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.56 | −0.046% | $58K | $270K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.64 | +0.007% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.64 | +0.007% | $89 | — | 10x | as long as short |
| Bybit SPCXUSDTlong | +0.0142% | 8h | 152.63 | long leg | $30.7M | $42.3M | 100x | |
| OKX SPCX-USDT-SWAP | +0.0183% | 8h | 152.63 | 0.000% | $38.9M | $168.1M | 75x | as long as short |
| Variational Omni SPCX | +0.0191% | 8h | 152.62 | −0.005% | $6.1M | $3.9M | — | as long as short |
| Nado SPCX-PERP | +0.0204% | 1h | 152.54 | −0.060% | $625K | $875K | 20x | as long as short |
| Binance SPCXUSDTshort | +0.0206% | 8h | 152.62 | −0.007% | $256.0M | $1.38B | 75x | |
| Extended SPCX-USD | +0.0208% | 1h | 152.59 | −0.023% | $715K | $3.6M | 10x | as long as short |
| Arcus SPCX-USD | +0.0227% | 1h | 152.56 | −0.046% | $106K | $296K | 5x | as long as short |
| Aster SPCXUSD1 | +0.0244% | 8h | 152.70 | +0.046% | $19.0M | $21.5M | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 152.71 | +0.052% | $741K | $947K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0274% | 1h | 152.62 | −0.007% | $70K | $1.1M | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 152.63 | 0.000% | $445K | $196K | 15x | as long as short |
| Bitget SPCXUSDT | +0.0325% | 8h | 152.63 | 0.000% | $31.0M | $66.5M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0543% | 1h | 152.69 | +0.043% | $402K | $542K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0618% | 4h | 152.62 | −0.006% | $1.7M | $893K | 20x | as long as short |
Bybit SPCXUSDT
Binance SPCXUSDT
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Bullet SPCX-USD
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
Injective SPCX/USDC PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
tradeXYZ xyz:SPCX
BloFin SPCX-USDT
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Extended SPCX-USD
Aster SPCXUSD1
Coinbase International SPCX-PERP-INTX
Deribit SPCX_USDC-PERPETUAL
Phoenix SPCX
Bitget SPCXUSDT
RISEx SPCX/USDC
edgeX SPCXUSDC