SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.006%

Price spread now: tradeXYZ against Bullet−0.018%7-day average −0.070% · 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−$26as in the Price arb table

costs, in and out, $10k−$310.308% of the position

Long on Bullet Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.063%−$6 on $10k

Price spread, last 4 days (all we have)−0.223%−$22 · spread now −0.018%, 7d avg −0.070%

Together, before fees−0.286%+ Points / potential airdroptradeXYZ: Active · farm board−$29 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.051% dearer against Bullet than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.070%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SPCX-USD	153.08	0.0082	pay 0.0010% / 1h	36m 44s	$10K	$191K	10x
Short	tradeXYZ xyz:SPCX	153.05	0.0074	get 0.0009% / 1h	36m 44s	$141.5M	$119.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$1.77
Price spread: −0.018% → −0.070%: $5.14
Slippage, 4 orders: −$4.76
Fee Bullet: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$27.39
Costs to cover: 0.308%
Break-even: never at this rate

Slippage from Bullet: live order book, 22 min ago; tradeXYZ: live order book, 3 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, 22 min ago	0.65 bp	5.7 bp −$6	20.2 bp −$202	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 3 min ago	0.33 bp	10.0 bp −$10	10.8 bp −$108	13.6 bp −$1,359	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 −0.0314% / S +0.0531%	1h	153.04	−0.022%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.10	+0.014%	$30.8M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.06	−0.012%	$96.3M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.12	+0.027%	$31.7M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.705%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	153.03	−0.032%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.29	+0.138%	$8K	$937K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.13	+0.034%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0011%	1h	153.04	−0.025%	$73K	$1.2M	10x	as long as short
Aftermath Perps SPCXUSD	+0.0022%	1h	153.04	−0.027%	$8K	$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	153.05	−0.018%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.01	−0.045%	$2.5M	$7.2M	20x	as long as short
BloFin SPCX-USDT	+0.0038%	8h	153.10	+0.014%	$1.9M	$1.4M	75x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.01	−0.045%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.08	+0.001%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.03	−0.032%	$1.2M	$6.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.03	−0.032%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.05	−0.018%	$1.7M	$95K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.09	+0.008%	$533K	$395K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.93	−0.097%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0063%	8h	153.08	+0.004%	$101	—	5x	as long as short
tradeXYZ xyz:SPCXshort	+0.0074%	1h	153.05	−0.018%	$141.5M	$119.0M	20x
Bullet SPCX-USDlong	+0.0082%	1h	153.08	long leg	$10K	$191K	10x
Pacifica SPCX	+0.0100%	1h	152.98	−0.064%	$169K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.99	−0.058%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.11	+0.021%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.09	+0.008%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.07	−0.007%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0131%	1h	153.00	−0.052%	$617K	$824K	20x	as long as short
Variational Omni SPCX	+0.0149%	8h	153.08	−0.001%	$6.0M	$3.1M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0152%	8h	153.09	+0.008%	$39.5M	$166.9M	75x	as long as short
Binance SPCXUSDT	+0.0157%	8h	153.09	+0.010%	$252.2M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0160%	1h	153.05	−0.017%	$738K	$3.8M	10x	as long as short
RISEx SPCX/USDC	+0.0191%	1h	153.12	+0.027%	$410K	$530K	20x	as long as short
edgeX SPCXUSDC	+0.0195%	4h	153.07	−0.006%	$1.7M	$892K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.04	−0.025%	$738K	$925K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.08	+0.001%	$445K	$268K	15x	as long as short
Aster SPCXUSD1	+0.0408%	8h	153.16	+0.052%	$18.9M	$20.1M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.35	+0.178%	$9K	$28K	5.5x	as long as short