Funding you earn now, next payment 06:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.013%
Price spread now: Ondo Perps against Arcus−0.066%7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.046%+$5 · spread now −0.066%, 7d avg +0.003%
=Together, before fees+0.051%+ Points / potential airdropOndo Perps: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.068% cheaper against Arcus than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of +0.003%). If the spread goes back, that is −$7 on $10k: about 22 days of funding at the current rate ($0 a day). At the pace of the last 4 days (+0.005% in total) that is about 50 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SPCX-USD | 152.44 | 0.0040 | pay 0.0005% / 1h | 51m 52s | $105K | $297K | 5x |
| Short | Ondo Perps SPCX-USD.P | 152.34 | 0.0050 | get 0.0006% / 1h | 51m 52s | $3.2M | $2.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Arcus. 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
- $2.13
- Price spread: −0.066% → +0.003%
- −$6.82
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$14.19
- Costs to cover
- 0.095%
- Break-even
- 53.7 days
Slippage unknown: Arcus: live order book, 62 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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 Arcus live order book, 62 min ago | 6.54 bp | 11.0 bp −$11 | 16.3 bp −$163 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0224% / S +0.0463% | 1h | 152.44 | +0.003% | $90K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.56 | +0.079% | $96.3M | $31.5M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.62 | +0.118% | $31.3M | $65.9M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.177% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.58 | +0.092% | $300K | $2.8M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.78 | +0.223% | $8K | $916K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.64 | +0.131% | $1.3M | $1.8M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0003% | 8h | 152.59 | +0.098% | $30.6M | $42.7M | 100x | as long as short |
| BloFin SPCX-USDT | +0.0012% | 8h | 152.54 | +0.066% | $1.9M | $1.2M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0026% | 1h | 152.41 | −0.020% | $7K | $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 | 152.48 | +0.026% | $2.5M | $7.2M | 20x | as long as short |
| Arcus SPCX-USDlong | +0.0040% | 1h | 152.44 | long leg | $105K | $297K | 5x | |
| QFEX SPCX-USD | +0.0043% | 1h | 152.52 | +0.052% | $1.2M | $5.6M | 10x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.53 | +0.059% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.45 | +0.007% | $131.1M | $128.5M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.50 | +0.039% | $490K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.54 | +0.066% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.59 | +0.098% | $532K | $388K | 50x | as long as short |
| Ondo Perps SPCX-USD.Pshort | +0.0050% | 1h | 152.34 | −0.066% | $3.2M | $2.3M | 10x | |
| Lighter SPCX | +0.0056% | 1h | 152.52 | +0.052% | $1.6M | $7.4M | 20x | as long as short |
| Paradex SPCX-USD-PERP | +0.0064% | 8h | 152.55 | +0.071% | $101 | — | 5x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0078% | 1h | 152.56 | +0.079% | $87K | $1.3M | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.45 | +0.007% | $169K | $119K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.46 | +0.013% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.45 | +0.007% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.53 | +0.059% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.55 | +0.074% | $88 | — | 10x | as long as short |
| Variational Omni SPCX | +0.0122% | 8h | 152.52 | +0.051% | $6.0M | $2.9M | — | as long as short |
| Binance SPCXUSDT | +0.0132% | 8h | 152.58 | +0.092% | $250.7M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0136% | 1h | 152.54 | +0.064% | $731K | $4.6M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0142% | 8h | 152.60 | +0.105% | $39.4M | $166.5M | 75x | as long as short |
| Nado SPCX-PERP | +0.0174% | 1h | 152.42 | −0.012% | $614K | $804K | 20x | as long as short |
| RISEx SPCX/USDC | +0.0238% | 1h | 152.59 | +0.102% | $408K | $522K | 20x | as long as short |
| Bullet SPCX-USD | +0.0246% | 1h | 152.58 | +0.092% | $12K | $193K | 10x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0248% | 1h | 152.44 | 0.000% | $739K | $931K | 10x | as long as short |
| Phoenix SPCX | +0.0263% | 1h | 152.48 | +0.026% | $443K | $266K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0399% | 8h | 152.59 | +0.101% | $18.9M | $24.1M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.67 | +0.151% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0803% | 4h | 152.50 | +0.041% | $1.7M | $892K | 20x | 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 SPCXUSD
Lighter RH SPCX
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Lighter SPCX
Paradex SPCX-USD-PERP
Deribit SPCX_USDC-PERPETUAL
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
OKX SPCX-USDT-SWAP
RISEx SPCX/USDC
Bullet SPCX-USD
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC