SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0122%/8h= −13.4% APRnext payment −$0.15 per $10,000 · paid last 24h −0.009%

Price spread now: Polymarket Perps against Bullet−0.030%7-day average −0.038% · 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−$24as in the Price arb table

costs, in and out, $10k−$240.243% of the position

Long on Bullet Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.055%−$5 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now −0.030%, 7d avg −0.038%

Together, before fees−0.031%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SPCX-USD	153.03	0.0172	pay 0.0021% / 1h	4m 05s	$11K	$189K	10x
Short	Polymarket Perps SPCX-USD	152.98	0.0050	get 0.0006% / 1h	4m 05s	$499K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bullet. 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 BulletbpFee Polymarket PerpsbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$25.61
Price spread: −0.030% → −0.038%: $0.75
Slippage, 4 orders: −$8.32
Fee Bullet: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$49.18
Costs to cover: 0.243%
Break-even: never at this rate

Slippage from Bullet: live order book, 65 min ago; Polymarket Perps: live order book, 4 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 Bullet live order book, 65 min ago	0.65 bp	5.7 bp −$6	20.5 bp −$205	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	1.31 bp	5.3 bp −$5	5.4 bp −$54	8.4 bp −$836	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	153.00	−0.020%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.99	−0.024%	$96.0M	$31.4M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.742%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.88	−0.096%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.21	+0.120%	$8K	$942K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.96	−0.043%	$72K	$1.1M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.05	+0.015%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.95	−0.052%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.98	−0.030%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.95	−0.050%	$2.5M	$7.3M	20x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPCX/USDC PERP	+0.0033%	1h	153.35	+0.211%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.92	−0.070%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.00	−0.017%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	153.01	−0.011%	$1.2M	$6.7M	10x	as long as short
Polymarket Perps SPCX-USDshort	+0.0050%	1h	152.98	−0.030%	$499K	$1.2M	10x
SoDEX SPCX-USD	+0.0050%	1h	153.00	−0.017%	$1.7M	$91K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.00	−0.017%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.84	−0.122%	$3.2M	$2.5M	10x	as long as short
Bybit SPCXUSDT	+0.0067%	8h	153.02	−0.004%	$30.8M	$42.9M	100x	as long as short
Paradex SPCX-USD-PERP	+0.0083%	8h	153.01	−0.009%	$101	—	5x	as long as short
Bitget SPCXUSDT	+0.0092%	8h	153.05	+0.015%	$31.7M	$66.2M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.90	−0.083%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.95	−0.050%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	−0.063%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.01	−0.011%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.00	−0.020%	$89	—	10x	as long as short
Bullet SPCX-USDlong	+0.0172%	1h	153.03	long leg	$11K	$189K	10x
tradeXYZ xyz:SPCX	+0.0183%	1h	153.00	−0.017%	$142.3M	$119.1M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0190%	8h	153.02	−0.004%	$39.4M	$168.4M	75x	as long as short
Variational Omni SPCX	+0.0201%	8h	152.96	−0.045%	$6.0M	$3.1M	—	as long as short
Binance SPCXUSDT	+0.0214%	8h	153.03	+0.002%	$252.7M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0216%	1h	153.00	−0.020%	$736K	$3.8M	10x	as long as short
Nado SPCX-PERP	+0.0237%	1h	152.92	−0.073%	$622K	$835K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	152.97	−0.037%	$738K	$972K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.97	−0.037%	$445K	$270K	15x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.03	+0.002%	$408K	$549K	20x	as long as short
Aster SPCXUSD1	+0.0411%	8h	153.12	+0.061%	$19.0M	$15.2M	20x	as long as short
edgeX SPCXUSDC	+0.0994%	4h	152.98	−0.032%	$1.7M	$893K	20x	as long as short