SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0088%/8h= −9.7% APRnext payment −$0.11 per $10,000 · paid last 24h +0.020%

Price spread now: Deribit against ApeX Omni−0.052%46s7-day average −0.004% · 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—prices read too far apart to compare

costs, in and out, $10k−$440.441% of the position

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.032%−$3 on $10k

Price spread, last 4 days (all we have)−0.203%−$20 · spread now −0.052%, 7d avg −0.004%

Together, before fees−0.236%−$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.048% cheaper against ApeX Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.004%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SPCXUSDT	153.05	0.0100	pay 0.0013% / 1h	11m 26s	$58K	$271K	50x
Short	Deribit SPCX_USDC-PERPETUAL	152.97	0.0012	get 0.0001% / 1h	11m 26s	$73K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against ApeX Omni. 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 ApeX OmnibpFee DeribitbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$18.57
Price spread: −0.052% → −0.004%: −$4.78
Slippage, 4 orders: −$27.08
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$67.44
Costs to cover: 0.441%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 51 min ago; Deribit: live order book, 3 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 ApeX Omni live order book, 51 min ago	7.51 bp	12.5 bp −$13	35.7 bp −$357	doesn't fit	doesn't fit
Sell Deribit live order book, 3 min ago	5.23 bp	9.1 bp −$9	11.8 bp −$118	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 −0.0333% / S +0.0531%	1h	153.00	−0.029%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.02	−0.020%	$96.2M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.08	+0.020%	$31.7M	$65.5M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.726%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.96	−0.059%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.24	+0.124%	$8K	$936K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.05	0.000%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUALshort	+0.0012%	1h	152.97	−0.052%	$73K	$1.2M	10x
Bybit SPCXUSDT	+0.0025%	8h	153.03	−0.013%	$30.8M	$42.9M	100x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	152.97	−0.052%	$8K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.98	−0.046%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.96	−0.059%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.03	−0.013%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0048%	1h	153.02	−0.020%	$1.2M	$6.5M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.00	−0.033%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.01	−0.026%	$1.7M	$93K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.99	−0.039%	$534K	$398K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.91	−0.091%	$3.2M	$2.5M	10x	as long as short
Lighter SPCX	+0.0064%	1h	153.01	−0.026%	$1.6M	$7.2M	20x	as long as short
BloFin SPCX-USDT	+0.0066%	8h	153.05	0.000%	$1.9M	$1.4M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0078%	8h	153.06	+0.004%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.95	−0.065%	$169K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.97	−0.052%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDTlong	+0.0100%	1h	153.05	long leg	$58K	$271K	50x
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.04	−0.007%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.03	−0.011%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0171%	1h	153.06	+0.007%	$11K	$190K	10x	as long as short
Variational Omni SPCX	+0.0172%	8h	153.04	−0.010%	$6.0M	$3.1M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0174%	8h	153.06	+0.007%	$39.5M	$167.5M	75x	as long as short
Binance SPCXUSDT	+0.0184%	8h	153.06	+0.004%	$252.5M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0184%	1h	153.02	−0.022%	$734K	$3.8M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0191%	1h	153.00	−0.033%	$142.0M	$119.2M	20x	as long as short
RISEx SPCX/USDC	+0.0199%	1h	153.06	+0.010%	$410K	$540K	20x	as long as short
Nado SPCX-PERP	+0.0227%	1h	152.97	−0.053%	$622K	$825K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.04	−0.007%	$738K	$980K	10x	as long as short
Phoenix SPCX	+0.0262%	1h	153.03	−0.013%	$445K	$267K	15x	as long as short
edgeX SPCXUSDC	+0.0379%	4h	153.01	−0.025%	$1.7M	$891K	20x	as long as short
Aster SPCXUSD1	+0.0415%	8h	153.11	+0.042%	$18.9M	$17.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.28	+0.150%	$9K	$27K	5.5x	as long as short