Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h +0.035%
Price spread now: Phemex against edgeX+0.008%7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$500.498% of the position
Funding, last 7 days−0.742%−$74 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.008%, 7d avg −0.056%
=Together, before fees−0.860%+ Points / potential airdropedgeX: Active · farm board−$86 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.063% dearer against edgeX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SPCXUSDC | 152.42 | 0.0059 | pay 0.0030% / 4h | 3h 06m | $1.7M | $892K | 20x |
| Short | Phemex SPCXUSDT | 152.43 | 0.0050 | get 0.0050% / 8h | 3h 06m | $531K | $389K | 50x |
edgeX SPCXUSDC
Phemex SPCXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against edgeX. 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
- −$1.91
- Price spread: +0.008% → −0.056%
- $6.33
- Slippage, 4 orders
- −$28.77
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$45.34
- Costs to cover
- 0.498%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 2 min ago; Phemex: live order book, 45 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 edgeX live order book, 2 min ago | 1.64 bp | 6.1 bp −$6 | 7.3 bp −$73 | 21.4 bp −$2,139 | doesn't fit |
| Sell Phemex live order book, 45 min ago | 1.63 bp | 13.0 bp −$13 | doesn't fit | doesn't fit | 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 −0.0265% / S +0.0494% | 1h | 152.31 | −0.074% | $90K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.42 | +0.001% | $96.2M | $31.6M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.48 | +0.040% | $31.3M | $65.9M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.193% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.47 | +0.034% | $300K | $2.9M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.63 | +0.139% | $8K | $918K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.52 | +0.067% | $1.3M | $1.8M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0006% | 8h | 152.43 | +0.008% | $30.6M | $42.7M | 100x | as long as short |
| BloFin SPCX-USDT | +0.0015% | 8h | 152.44 | +0.014% | $1.9M | $1.3M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0029% | 1h | 152.42 | −0.001% | $7K | $8K | 10x | as long as short |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Bybit SPCXUSDT
BloFin SPCX-USDT
Aftermath Perps SPCXUSDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SPCX | +0.0032% | 1h | 152.34 | −0.051% | $2.5M | $7.4M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.36 | −0.038% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.42 | +0.001% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.39 | −0.019% | $489K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.38 | −0.025% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDTshort | +0.0050% | 8h | 152.43 | +0.008% | $531K | $389K | 50x | |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.26 | −0.104% | $3.2M | $2.4M | 10x | as long as short |
| QFEX SPCX-USD | +0.0050% | 1h | 152.39 | −0.019% | $1.2M | $5.7M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0056% | 8h | 152.43 | +0.005% | $101 | — | 5x | as long as short |
| edgeX SPCXUSDClong | +0.0059% | 4h | 152.42 | long leg | $1.7M | $892K | 20x | |
| Lighter SPCX | +0.0064% | 1h | 152.37 | −0.032% | $1.6M | $7.5M | 20x | as long as short |
| tradeXYZ xyz:SPCX | +0.0073% | 1h | 152.31 | −0.071% | $131.0M | $128.3M | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.33 | −0.058% | $168K | $120K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.30 | −0.078% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.37 | −0.032% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.43 | +0.008% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.42 | −0.001% | $88 | — | 10x | as long as short |
| Variational Omni SPCX | +0.0130% | 8h | 152.46 | +0.025% | $6.0M | $2.9M | — | as long as short |
| Binance SPCXUSDT | +0.0135% | 8h | 152.46 | +0.026% | $250.4M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0136% | 1h | 152.42 | −0.001% | $731K | $4.6M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0140% | 8h | 152.48 | +0.040% | $39.4M | $166.3M | 75x | as long as short |
| Nado SPCX-PERP | +0.0190% | 1h | 152.35 | −0.045% | $613K | $801K | 20x | as long as short |
| Bullet SPCX-USD | +0.0195% | 1h | 152.43 | +0.005% | $11K | $192K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0210% | 1h | 152.39 | −0.019% | $87K | $1.2M | 10x | as long as short |
| RISEx SPCX/USDC | +0.0217% | 1h | 152.46 | +0.025% | $408K | $522K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0248% | 1h | 152.44 | +0.014% | $739K | $931K | 10x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 152.42 | +0.001% | $443K | $264K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0408% | 8h | 152.53 | +0.075% | $18.9M | $24.0M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.19 | +0.506% | $9K | $28K | 5.5x | as long as short |
Lighter RH SPCX
Arcus SPCX-USD
Vest SPCX-USD-PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Ondo Perps SPCX-USD.P
QFEX SPCX-USD
Paradex SPCX-USD-PERP
Lighter SPCX
tradeXYZ xyz:SPCX
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
OKX SPCX-USDT-SWAP
Nado SPCX-PERP
Bullet SPCX-USD
Deribit SPCX_USDC-PERPETUAL
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP