Funding you earn now, next payment 02:00 UTC+0.0410%/8h= +44.8% APRpaid last 24h +0.055%
Price spread now: RISEx against SunX−0.117%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$670.673% of the position
Funding, last 3 days (all we have)+0.097%+$10 on $10k
+Price spread, last 3 days (all we have)+0.071%+$7 · spread now −0.117%, 7d avg −0.007%
=Funding pays, the price is against you. RISEx is 0.110% cheaper against SunX than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.007%). If the spread goes back, that is −$11 on $10k: about 22 hours of funding at the current rate (+$12 a day). At the pace of the last 3 days (+0.097% in total) that is about 4.0 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.097% in total (about 10.2% a year). A funding rate is set anew for every payment. 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 | SunX SPCX-USDT | 153.20 | 0 | get 0.0000% / 8h | 6h 36m | $8K | $948K | 10x |
| Short | RISEx SPCX/USDC | 153.02 | 0.0410 | get 0.0051% / 1h | 36m 08s | $408K | $539K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against SunX. 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
- $86
- Price spread: −0.117% → −0.007%
- −$11.04
- Slippage, 4 orders
- −$53.27
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $7.7
- Costs to cover
- 0.673%
- Break-even
- 6.4 days
Slippage from SunX: live order book, 6 min ago; RISEx: live order book, 32 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 SunX live order book, 6 min ago | 21.88 bp | 25.9 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell RISEx live order book, 32 min ago | 0.65 bp | 3.7 bp −$4 | 5.4 bp −$54 | 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 −0.0347% / S +0.0541% | 1h | 152.99 | −0.140% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.99 | −0.137% | $96.1M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.612% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.88 | −0.209% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDTlong | 0.0000% | 8h | 153.20 | long leg | $8K | $948K | 10x | |
| HTX SPCX-USDT | 0.0000% | 8h | 153.01 | −0.124% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.95 | −0.165% | $7K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.93 | −0.176% | $1.6M | $7.2M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.92 | −0.183% | $2.5M | $7.2M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 153.32 | +0.078% | $9K | $27K | 5.5x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus SPCX-USD | +0.0040% | 1h | 152.91 | −0.189% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.99 | −0.137% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0049% | 1h | 152.97 | −0.150% | $1.2M | $6.8M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.95 | −0.163% | $501K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.99 | −0.137% | $1.7M | $89K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.00 | −0.131% | $534K | $406K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.80 | −0.261% | $3.2M | $2.6M | 10x | as long as short |
| Bybit SPCXUSDT | +0.0056% | 8h | 153.02 | −0.117% | $30.9M | $42.9M | 100x | as long as short |
| Paradex SPCX-USD-PERP | +0.0078% | 8h | 152.99 | −0.138% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.91 | −0.189% | $169K | $133K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.90 | −0.196% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.85 | −0.228% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.00 | −0.131% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.99 | −0.138% | $89 | — | 10x | as long as short |
| BloFin SPCX-USDT | +0.0116% | 8h | 153.03 | −0.111% | $1.9M | $1.4M | 75x | as long as short |
| Bullet SPCX-USD | +0.0123% | 1h | 153.01 | −0.124% | $11K | $190K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0141% | 1h | 152.97 | −0.150% | $142.3M | $119.1M | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0142% | 1h | 152.95 | −0.163% | $72K | $1.1M | 10x | as long as short |
| Bitget SPCXUSDT | +0.0183% | 8h | 153.05 | −0.098% | $31.8M | $66.3M | 75x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0192% | 8h | 153.02 | −0.117% | $39.4M | $168.9M | 75x | as long as short |
| Variational Omni SPCX | +0.0205% | 8h | 153.00 | −0.130% | $6.0M | $3.3M | — | as long as short |
| Binance SPCXUSDT | +0.0220% | 8h | 153.02 | −0.115% | $252.8M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0224% | 1h | 152.98 | −0.146% | $736K | $3.8M | 10x | as long as short |
| Nado SPCX-PERP | +0.0240% | 1h | 152.91 | −0.190% | $620K | $840K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0288% | 1h | 153.14 | −0.039% | $728K | $969K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 152.98 | −0.144% | $445K | $270K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0389% | 8h | 153.09 | −0.073% | $19.0M | $16.3M | 20x | as long as short |
| RISEx SPCX/USDCshort | +0.0410% | 1h | 153.02 | −0.117% | $408K | $539K | 20x | |
| edgeX SPCXUSDC | +0.0965% | 4h | 152.93 | −0.174% | $1.7M | $893K | 20x | as long as short |
SunX SPCX-USDT
RISEx SPCX/USDC
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
Injective SPCX/USDC PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Bybit SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
BloFin SPCX-USDT
Bullet SPCX-USD
tradeXYZ xyz:SPCX
Deribit SPCX_USDC-PERPETUAL
Bitget SPCXUSDT
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
edgeX SPCXUSDC