SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0296%/8h= −32.4% APRnext payment −$2.96 per $10,000 · paid last 24h −0.038%

Price spread now: SunX against Bitget+0.118%7-day average +0.042% · you sell dearer than you buy

Net, funding: paid 7d − costs−$152as in the Funding arb table

Net, price: spread back to 7d avg − costs−$136as in the Price arb table

costs, in and out, $10k−$1441.441% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 3 days (all we have)−0.031%−$3 · spread now +0.118%, 7d avg +0.042%

Together, before fees−0.112%−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.076% dearer against Bitget than usual: you sell high and buy low (spread +0.118% now, against its 7-day average of +0.042%): +$8 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.081% in total) that is about 6.5 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.96 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	Bitget SPCXUSDT	153.16	0.0296	pay 0.0296% / 8h	7h 10m	$31.6M	$66.7M	75x
Short	SunX SPCX-USDT	153.34	0	get 0.0000% / 8h	7h 10m	$8K	$954K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bitget. 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 BitgetbpFee SunXbpOrdersPrice spread, now +0.118%Rate

Funding earned: −$62.16
Price spread: +0.118% → +0.042%: $7.58
Slippage, 4 orders: −$124.06
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$198.64
Costs to cover: 1.441%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; SunX: live order book, 42 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 Bitget live order book, 4 min ago	0.33 bp	6.6 bp −$7	8.0 bp −$80	14.4 bp −$1,437	19.6 bp −$9,799
Sell SunX live order book, 42 min ago	57.12 bp	70.0 bp −$70	doesn't fit	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 −0.0325% / S +0.0526%	1h	153.07	−0.055%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.09	−0.046%	$96.4M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.639%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.99	−0.111%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDTshort	0.0000%	8h	153.34	+0.118%	$8K	$954K	10x
HTX SPCX-USDT	0.0000%	8h	153.13	−0.020%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	152.99	−0.108%	$8K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.03	−0.085%	$2.5M	$7.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.670%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.12	−0.026%	—	$1.2M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0048%	1h	153.06	−0.065%	$1.6M	$7.4M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.07	−0.059%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.09	−0.046%	$1.7M	$86K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.12	−0.026%	$534K	$407K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.92	−0.157%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.06	−0.065%	$1.2M	$7.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0096%	8h	153.10	−0.037%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	153.00	−0.104%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.02	−0.091%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.01	−0.098%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.13	−0.020%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.10	−0.037%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0124%	8h	153.10	−0.039%	$1.9M	$1.4M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0142%	1h	153.08	−0.052%	$71K	$1.1M	10x	as long as short
Bybit SPCXUSDT	+0.0156%	8h	153.12	−0.026%	$30.9M	$42.8M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	153.03	−0.085%	$105K	$297K	5x	as long as short
OKX SPCX-USDT-SWAP	+0.0217%	8h	153.13	−0.020%	$39.3M	$169.1M	75x	as long as short
tradeXYZ xyz:SPCX	+0.0219%	1h	153.07	−0.059%	$143.1M	$119.3M	20x	as long as short
Bullet SPCX-USD	+0.0228%	1h	153.12	−0.025%	$12K	$188K	10x	as long as short
Variational Omni SPCX	+0.0229%	8h	153.08	−0.052%	$6.0M	$3.5M	—	as long as short
Nado SPCX-PERP	+0.0243%	1h	153.01	−0.095%	$620K	$852K	20x	as long as short
Binance SPCXUSDT	+0.0244%	8h	153.13	−0.020%	$252.8M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0248%	1h	153.09	−0.049%	$734K	$3.9M	10x	as long as short
Bitget SPCXUSDTlong	+0.0296%	8h	153.16	long leg	$31.6M	$66.7M	75x
Phoenix SPCX	+0.0314%	1h	153.08	−0.052%	$445K	$271K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.01	−0.098%	$731K	$977K	10x	as long as short
edgeX SPCXUSDC	+0.0339%	4h	153.07	−0.060%	$1.7M	$894K	20x	as long as short
Aster SPCXUSD1	+0.0386%	8h	153.13	−0.023%	$19.0M	$18.6M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.13	−0.016%	$401K	$536K	20x	as long as short