SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0116%/8h= +12.7% APRnext payment +$0.15 per $10,000 · paid last 24h +0.032%

Price spread now: RISEx against Bullet−0.002%7-day average +0.030% · 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−$210.206% of the position

Long on Bullet Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.005%−$1 on $10k

Price spread, last 4 days (all we have)−0.126%−$13 · spread now −0.002%, 7d avg +0.030%

Together, before fees−0.131%−$13 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.032% cheaper against Bullet than usual: you would sell low and buy high (spread −0.002% now, against its 7-day average of +0.030%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SPCX-USD	152.71	0.0122	pay 0.0015% / 1h	1m 22s	$11K	$192K	10x
Short	RISEx SPCX/USDC	152.71	0.0238	get 0.0030% / 1h	1m 22s	$409K	$513K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now −0.002%Rate

Funding earned: $24.41
Price spread: −0.002% → +0.030%: −$3.25
Slippage, 4 orders: −$6.57
Fee Bullet: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: $0.6
Costs to cover: 0.206%
Break-even: 6.8 days

Slippage from Bullet: live order book, 48 min ago; RISEx: live order book, 47 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, 48 min ago	0.65 bp	5.7 bp −$6	20.0 bp −$200	doesn't fit	doesn't fit
Sell RISEx live order book, 47 min ago	1.64 bp	4.6 bp −$5	5.2 bp −$52	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 −0.0187% / S +0.0435%	1h	152.63	−0.056%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0026%	8h	152.68	−0.020%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.76	+0.033%	$30.7M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.68	−0.020%	$96.3M	$32.0M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.73	+0.013%	$31.2M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.981%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.74	+0.020%	$301K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.94	+0.151%	$8K	$897K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.80	+0.059%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0017%	1h	152.65	−0.041%	$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 SPCX	+0.0032%	1h	152.61	−0.065%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.59	−0.079%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.65	−0.039%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.66	−0.033%	$1.2M	$5.5M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.68	−0.020%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.62	−0.059%	$130.2M	$129.1M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.64	−0.046%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.68	−0.020%	$1.7M	$96K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.71	0.000%	$531K	$384K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.60	−0.072%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0056%	8h	152.71	+0.002%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0081%	8h	152.73	+0.012%	$6.0M	$2.8M	—	as long as short
Binance SPCXUSDT	+0.0092%	8h	152.75	+0.026%	$250.1M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0096%	1h	152.66	−0.034%	$731K	$4.6M	10x	as long as short
Nado SPCX-PERP	+0.0096%	1h	152.60	−0.075%	$612K	$801K	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.60	−0.072%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.60	−0.072%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.66	−0.033%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.72	+0.007%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.70	−0.007%	$89	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0109%	8h	152.76	+0.033%	$39.6M	$167.0M	75x	as long as short
Bullet SPCX-USDlong	+0.0122%	1h	152.71	long leg	$11K	$192K	10x
RISEx SPCX/USDCshort	+0.0238%	1h	152.71	−0.002%	$409K	$513K	20x
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.70	−0.007%	$731K	$938K	10x	as long as short
Phoenix SPCX	+0.0263%	1h	152.70	−0.007%	$444K	$266K	15x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0274%	1h	152.65	−0.039%	$88K	$1.3M	10x	as long as short
Aster SPCXUSD1	+0.0349%	8h	152.74	+0.021%	$18.9M	$24.8M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.99	+0.183%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0575%	4h	152.73	+0.012%	$1.7M	$893K	20x	as long as short