SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0343%/8h= +37.6% APRnext payment +$3.43 per $10,000 · paid last 24h +0.006%

Price spread now: Bitget against Gate+0.013%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$390.393% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 7 days−0.003%$0 · spread now +0.013%, 7d avg +0.042%

Together, before fees+0.047%+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.029% cheaper against Gate than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.042%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.050% in total) that is about 4.0 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.43 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	Gate SPCX_USDT	152.67	0	get 0.0000% / 8h	2h 08m	$96.5M	$31.2M	100x
Short	Bitget SPCXUSDT	152.69	0.0343	get 0.0343% / 8h	2h 08m	$31.1M	$66.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now +0.013%Rate

Funding earned: $72.03
Price spread: +0.013% → +0.042%: −$2.87
Slippage, 4 orders: −$12.28
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: $29.89
Costs to cover: 0.393%
Break-even: 4.1 days

Slippage from Gate: live order book, 1 min ago; Bitget: live order book, 1 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 Gate live order book, 1 min ago	1.31 bp	11.7 bp −$12	17.1 bp −$171	43.4 bp −$4,342	83.3 bp −$41.6K
Sell Bitget live order book, 1 min ago	0.65 bp	8.6 bp −$9	12.1 bp −$121	24.4 bp −$2,437	39.5 bp −$19.8K

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 −0.0271% / S +0.0488%	1h	152.63	−0.023%	$88K	—	20x	as long as short
Gate SPCX_USDTlong	0.0000%	8h	152.67	long leg	$96.5M	$31.2M	100x
GRVT SPCX_USDT_Perp	0.0000%	8h	172.50	+12.992%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.71	+0.026%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.92	+0.164%	$8K	$990K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.66	−0.007%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0024%	1h	152.60	−0.046%	$7K	$10K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.60	−0.046%	$2.4M	$7.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.000%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.68	+0.007%	—	$1.1M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps SPCX-USD	+0.0050%	1h	152.63	−0.026%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.65	−0.013%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.65	−0.013%	$540K	$406K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.52	−0.098%	$3.2M	$2.6M	10x	as long as short
Lighter SPCX	+0.0056%	1h	152.61	−0.039%	$1.6M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0057%	1h	152.67	0.000%	$1.2M	$7.6M	10x	as long as short
BloFin SPCX-USDT	+0.0094%	8h	152.69	+0.013%	$1.9M	$1.4M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0098%	8h	152.68	+0.004%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.61	−0.039%	$176K	$135K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.54	−0.085%	$13.0M	$5.3M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.74	+0.046%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.70	+0.020%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.70	+0.019%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0155%	8h	152.69	+0.013%	$30.7M	$42.3M	100x	as long as short
OKX SPCX-USDT-SWAP	+0.0184%	8h	152.67	0.000%	$39.0M	$168.2M	75x	as long as short
tradeXYZ xyz:SPCX	+0.0184%	1h	152.64	−0.020%	$129.9M	$107.2M	20x	as long as short
Variational Omni SPCX	+0.0189%	8h	152.69	+0.014%	$6.1M	$4.3M	—	as long as short
Bullet SPCX-USD	+0.0204%	1h	152.67	+0.001%	$12K	$190K	10x	as long as short
Binance SPCXUSDT	+0.0215%	8h	152.67	0.000%	$256.2M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0216%	1h	152.64	−0.018%	$715K	$3.6M	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0232%	1h	152.71	+0.026%	$741K	$947K	10x	as long as short
Aster SPCXUSD1	+0.0244%	8h	152.70	+0.020%	$19.0M	$21.3M	20x	as long as short
Phoenix SPCX	+0.0262%	1h	152.71	+0.026%	$371K	$191K	15x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0274%	1h	152.66	−0.007%	$71K	$1.1M	10x	as long as short
Arcus SPCX-USD	+0.0293%	1h	152.62	−0.033%	$106K	$296K	5x	as long as short
edgeX SPCXUSDC	+0.0303%	4h	152.69	+0.013%	$1.7M	$892K	20x	as long as short
Nado SPCX-PERP	+0.0304%	1h	152.55	−0.081%	$625K	$878K	20x	as long as short
Bitget SPCXUSDTshort	+0.0343%	8h	152.69	+0.013%	$31.1M	$66.5M	75x
RISEx SPCX/USDC	+0.0462%	1h	152.73	+0.039%	$393K	$539K	20x	as long as short