SPCX

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BackpackSPCX.US_USDC_PERP	147.46	+0.0050	pay 0.0006% / 1h	11m 09s	$445K	$43K	10x	Long Backpack
SHORT	Ondo PerpsSPCX-USD.P	147.24	+0.0050	get 0.0006% / 1h	11m 09s	$3.8M	$438K	10x	Short Ondo Perps5% off

Price gap−0.149%

Funding gap0.0000% /8h

Funding is ≈ 0 and the gap is 0.055% under its 7d average: the price leg works against you, −$6 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$440.0000% /8h now · paid −0.438% over the last 7D

Price−$6spread −0.149% now, avg −0.094% → −0.055% if it goes back

Costs−$230.228% of $10k · taker + slippage, in and out

Result−$72−0.72%+ Points / potential airdropOndo Perps: points · farm boardWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.149%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SPCX on 47 exchanges

lowest funding first

Before you open

3 ok · 3 to watch

OK: Fits both order books6.0 / 5.7 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$1,000 + $1,000
Backpack 10x, Ondo Perps 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: +$0.01Long Backpack: 24 payments, −$1.50; short Ondo Perps: 24 payments, +$1.51.
Watch: Gap narrower than usual−0.149% vs −0.094%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$445K vs $3.8M OI
Backpack sets your exit cost. Check its book before closing.
OK: Points on a legOndo Perps points
Volume here counts toward the points program.
Watch: KYCBackpack Yes · Ondo Perps No
KYC (ID, face scan, residency and source of income) before any trading.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0208%/8h × 21 periods−$43.77

Price spread−0.149% → −0.094% (7d avg)−$5.51

Slippage, 4 orderslive order books−$7.81

Fee Backpack bp × 2 orders−$10.00

Fee Ondo Perps bp × 2 orders−$5.00

Net · 7 days · $10k−$72.10

Costs to cover0.228%Break-evennever at this rate

Slippage: Backpack: live order book, 12 min ago; Ondo Perps: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGBackpack0.346.0 bp−$642.4 bp−$424doesn’t fitdoesn’t fit

SELL · SHORTOndo Perps2.045.7 bp−$615.9 bp−$159doesn’t fitdoesn’t fit

Closing costs about the same again.

SPCX news

posts that mention SPCX, from every exchangeSearch all news →

10-23 19:31	Vest Markets	Other	Trade $SPCX volatility with a Vest Capital funded account and access up to $50k in trading capital: @VestExchange on X ↗
10-23 19:31	Vest Markets	Other	SpaceX is reported to be in talks for at least 80,000 US cell sites, with $SPCX up around 1.4% on today's session. The talks, reported by Bloomberg, include Crown Castle and come weeks after SpaceX acquired low-band spectrum for its wireless plans. Phillip Securities double-upgraded $SPCX to Buy from Sell today, with the stock rebounding from Thursday's ~9% decline. @VestExchange on X ↗
10-23 17:52	ApeX Omni	Other	$193bn of $SPCX stock came free to sell on Thursday. @elonmusk could not sell a single share of it. Why the stock fell 9% anyway👇 @OfficialApeXdex on X ↗
10-23 12:16	SoDEX	Points	🎉 Happy Points Day! Layer1 Season Week 7 points are LIVE! 🚀 SoDEX Open Interest Hits $309.53M! 🔥 Another milestone unlocked! From $270M to over $309M — thank you to our growing trading community! 🧡 ⚡ Week 8 Bonus: Trade ZEC-USD, NEAR-USD, TSLA-USD, META-USD, CL-USD, SPCX-USD, QNT-USD perps to earn 1.2× SoPoints on trading volume! 🎁 Check your points 👉 @sodex_official on X ↗
10-23 12:15	SoDEX	Points	🎉 Happy Points Day! Layer1 Season Week 7 points are LIVE! 🚀 SoDEX Open Interest Hits $309.53M! 🔥 Another milestone unlocked! From $270M to over $309M — thank you to our growing trading community! 🧡 ⚡ Week 8 Bonus: Trade ZEC-USD, NEAR-USD, TSLA-USD, META-USD, CL-USD, SPCX-USD, QNT-USD perps to earn 1.2× SoPoints on trading volume! 🎁 Check your points 👉 @sodex_official on X ↗
10-22 22:57	Injective	Token	The second-ever Injective Stockdrop kicks off next week. Anyone who participated in the $INJ BuyBack yesterday has a chance to earn a tokenized stock on Solana. Here are just a few of the tokenized stocks that you could get: $AMC $SNAP $GLXY $HIMS $SMCI $RKLB $CRCL $INTC $MSTR $SPCX $COIN $NVDA $AAPL $TSLA $META $MU $SNDK More ▇▇▇▇ and ▇▇ @injective on X ↗