Funding you earn now, next payment 01:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.11 per $10,000 · paid last 24h +0.007%
Price spread now: tradeXYZ against QFEX+0.007%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 3 days (all we have)+0.029%+$3 on $10k
+Price spread, last 7 days−0.073%−$7 · spread now +0.007%, 7d avg −0.046%
=Together, before fees−0.044%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and tradeXYZ is 0.052% dearer against QFEX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SPCX-USD | 153.02 | 0.0049 | pay 0.0006% / 1h | 59m 08s | $1.2M | $7.1M | 10x |
| Short | tradeXYZ xyz:SPCX | 153.03 | 0.0140 | get 0.0018% / 1h | 59m 08s | $142.8M | $119.5M | 20x |
QFEX SPCX-USD
tradeXYZ xyz:SPCXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against QFEX. 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
- $19.28
- Price spread: +0.007% → −0.046%
- $5.22
- Slippage, 4 orders
- −$5.91
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$9.41
- Costs to cover
- 0.339%
- Break-even
- 10.4 days
Slippage from QFEX: live order book, 10 min ago; tradeXYZ: live order book, 11 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 QFEX live order book, 10 min ago | 2.29 bp | 7.3 bp −$7 | 8.2 bp −$82 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.33 bp | 9.3 bp −$9 | 9.5 bp −$95 | 12.8 bp −$1,285 | 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 −0.0332% / S +0.0531% | 1h | 153.03 | +0.003% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.03 | +0.007% | $96.3M | $31.1M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.747% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.94 | −0.052% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.34 | +0.209% | $8K | $950K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.03 | +0.007% | $1.3M | $1.7M | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0012% | 1h | 152.99 | −0.020% | $72K | $1.1M | 10x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 153.01 | −0.005% | $8K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 153.01 | −0.007% | $1.6M | $7.2M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.99 | −0.020% | $2.5M | $7.2M | 20x | as long as short |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCXShow 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 | +2.764% | $9K | $27K | 5.5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.05 | +0.020% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USDlong | +0.0049% | 1h | 153.02 | long leg | $1.2M | $7.1M | 10x | |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.03 | +0.007% | $489K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.03 | +0.007% | $1.7M | $87K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.06 | +0.026% | $534K | $404K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.92 | −0.065% | $3.2M | $2.6M | 10x | as long as short |
| Bullet SPCX-USD | +0.0076% | 1h | 153.06 | +0.026% | $11K | $189K | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0088% | 8h | 153.05 | +0.022% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.95 | −0.046% | $169K | $133K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.95 | −0.046% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.94 | −0.052% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.09 | +0.046% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.05 | +0.019% | $89 | — | 10x | as long as short |
| Bybit SPCXUSDT | +0.0118% | 8h | 153.06 | +0.026% | $30.9M | $42.8M | 100x | as long as short |
| BloFin SPCX-USDT | +0.0121% | 8h | 153.09 | +0.046% | $1.9M | $1.4M | 75x | as long as short |
| tradeXYZ xyz:SPCXshort | +0.0140% | 1h | 153.03 | +0.007% | $142.8M | $119.5M | 20x | |
| Arcus SPCX-USD | +0.0194% | 1h | 153.00 | −0.013% | $105K | $297K | 5x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0212% | 8h | 153.06 | +0.026% | $39.3M | $168.7M | 75x | as long as short |
| Variational Omni SPCX | +0.0226% | 8h | 153.02 | −0.001% | $6.0M | $3.5M | — | as long as short |
| Nado SPCX-PERP | +0.0233% | 1h | 152.97 | −0.034% | $620K | $849K | 20x | as long as short |
| Extended SPCX-USD | +0.0240% | 1h | 153.02 | +0.001% | $734K | $3.8M | 10x | as long as short |
| Binance SPCXUSDT | +0.0241% | 8h | 153.07 | +0.033% | $252.7M | $1.37B | 75x | as long as short |
| Bitget SPCXUSDT | +0.0274% | 8h | 153.08 | +0.039% | $31.7M | $66.5M | 75x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0288% | 1h | 153.14 | +0.078% | $728K | $986K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 153.06 | +0.026% | $445K | $270K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0390% | 8h | 153.14 | +0.081% | $19.0M | $18.0M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0410% | 1h | 153.09 | +0.049% | $401K | $535K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0877% | 4h | 153.03 | +0.010% | $1.7M | $894K | 20x | as long as short |
Injective SPCX/USDC PERP
Vest SPCX-USD-PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
Bullet SPCX-USD
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Bybit SPCXUSDT
BloFin SPCX-USDT
Arcus SPCX-USD
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Nado SPCX-PERP
Extended SPCX-USD
Binance SPCXUSDT
Bitget SPCXUSDT
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
RISEx SPCX/USDC
edgeX SPCXUSDC