SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0214%/8h= −23.4% APRnext payment −$2.14 per $10,000 · paid last 24h −0.021%

Price spread now: SunX against Binance+0.131%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$710.708% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.051%−$5 on $10k

Price spread, last 2 days (all we have)−0.153%−$15 · spread now +0.131%, 7d avg −0.021%

Together, before fees−0.204%−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.152% dearer against Binance than usual: you sell high and buy low (spread +0.131% now, against its 7-day average of −0.021%): +$15 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.4 days. At the pace of the last 7 days (−0.051% in total) that is about 21 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.051% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.14 per $10,000. 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	Binance SPCXUSDT	153.01	0.0214	pay 0.0214% / 8h	6h 04m	$252.6M	$1.37B	75x
Short	SunX SPCX-USDT	153.21	0	get 0.0000% / 8h	6h 04m	$8K	$943K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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 BinancebpFee SunXbpOrdersPrice spread, now +0.131%Rate

Funding earned: −$44.84
Price spread: +0.131% → −0.021%: $15.18
Slippage, 4 orders: −$52.83
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$100.49
Costs to cover: 0.708%
Break-even: never at this rate

Slippage from Binance: live order book, 9 min ago; SunX: live order book, 38 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 Binance live order book, 9 min ago	0.33 bp	5.3 bp −$5	6.0 bp −$60	10.0 bp −$1,005	17.8 bp −$8,891
Sell SunX live order book, 38 min ago	21.88 bp	34.1 bp −$34	doesn't fit	doesn't fit	doesn't fit

SPCX on 38 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	152.96	−0.036%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.97	−0.026%	$96.0M	$31.4M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.754%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.90	−0.072%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDTshort	0.0000%	8h	153.21	+0.131%	$8K	$943K	10x
HTX SPCX-USDT	0.0000%	8h	153.01	0.000%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.95	−0.041%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.96	−0.033%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.93	−0.052%	$2.5M	$7.3M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	153.35	+0.222%	$9K	$27K	5.5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus SPCX-USD	+0.0040%	1h	152.92	−0.059%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.97	−0.026%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	153.01	0.000%	$1.2M	$6.7M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.93	−0.052%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.98	−0.020%	$1.7M	$91K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.97	−0.026%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.84	−0.111%	$3.2M	$2.5M	10x	as long as short
Bybit SPCXUSDT	+0.0069%	8h	153.02	+0.007%	$30.8M	$42.9M	100x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0077%	1h	152.92	−0.059%	$72K	$1.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0083%	8h	153.01	+0.002%	$101	—	5x	as long as short
Bitget SPCXUSDT	+0.0092%	8h	153.03	+0.013%	$31.7M	$66.2M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.90	−0.072%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.91	−0.065%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	−0.052%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.97	−0.026%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.96	−0.033%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0172%	1h	152.99	−0.013%	$11K	$189K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0184%	1h	152.97	−0.026%	$142.3M	$119.1M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0192%	8h	153.02	+0.007%	$39.4M	$168.4M	75x	as long as short
Variational Omni SPCX	+0.0201%	8h	152.96	−0.034%	$6.0M	$3.1M	—	as long as short
Binance SPCXUSDTlong	+0.0214%	8h	153.01	long leg	$252.6M	$1.37B	75x
Extended SPCX-USD	+0.0216%	1h	152.98	−0.016%	$736K	$3.8M	10x	as long as short
Nado SPCX-PERP	+0.0238%	1h	152.87	−0.091%	$622K	$835K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	152.97	−0.026%	$738K	$973K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.97	−0.026%	$445K	$270K	15x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.03	+0.013%	$408K	$549K	20x	as long as short
Aster SPCXUSD1	+0.0411%	8h	153.07	+0.036%	$19.0M	$15.2M	20x	as long as short
edgeX SPCXUSDC	+0.0994%	4h	152.98	−0.022%	$1.7M	$893K	20x	as long as short