SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0675%/8h= −73.9% APRnext payment −$0.84 per $10,000 · paid last 24h −0.195%

Price spread now: GMX against Coinbase International−0.135%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and GMX is 0.135% cheaper against Coinbase International than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SPCX-PERP-INTX	152.34	0.0240	pay 0.0030% / 1h	22m 30s	$728K	$930K	10x
Short	GMX SPCX/USD [ETH-USDC]	152.13	L −0.0187% / S +0.0435%	pay 0.0054% / 1h	22m 30s	$90K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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 Coinbase InternationalbpFee GMXbpOrdersPrice spread, now −0.135%Rate

Funding earned: −$141.72
Price spread: −0.135% → 0.000%: −$13.46
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$177.18
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 16 min ago; GMX: no order-book sample. Net counts fees only.

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 Coinbase International live order book, 16 min ago	2.95 bp	8.1 bp −$8	10.7 bp −$107	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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]short	L −0.0187% / S +0.0435%	1h	152.13	−0.135%	$90K	—	20x
Gate SPCX_USDT	0.0000%	8h	152.22	−0.079%	$96.2M	$31.9M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.28	−0.039%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.251%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.24	−0.066%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.50	+0.105%	$8K	$890K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.17	−0.112%	$89K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.30	−0.026%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0007%	8h	152.24	−0.066%	$30.5M	$42.8M	100x	as long as short
BloFin SPCX-USDT	+0.0014%	8h	152.22	−0.079%	$1.9M	$1.2M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0026%	1h	152.14	−0.130%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.21	−0.085%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.19	−0.098%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.14	−0.131%	$102K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.25	−0.059%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.17	−0.112%	$129.8M	$129.2M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.20	−0.092%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.19	−0.098%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.21	−0.085%	$529K	$370K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.02	−0.210%	$3.2M	$2.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.22	−0.079%	$1.2M	$5.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0084%	8h	152.22	−0.076%	$100	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.15	−0.125%	$168K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.11	−0.151%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.23	−0.072%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.20	−0.092%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.20	−0.093%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0122%	8h	152.17	−0.114%	$5.9M	$2.8M	—	as long as short
Binance SPCXUSDT	+0.0133%	8h	152.25	−0.062%	$253.1M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0136%	1h	152.21	−0.084%	$724K	$5.3M	10x	as long as short
Bullet SPCX-USD	+0.0140%	1h	152.22	−0.079%	$11K	$192K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0148%	8h	152.29	−0.033%	$39.7M	$166.6M	75x	as long as short
Nado SPCX-PERP	+0.0166%	1h	152.19	−0.099%	$630K	$804K	20x	as long as short
Coinbase International SPCX-PERP-INTXlong	+0.0240%	1h	152.34	long leg	$728K	$930K	10x
edgeX SPCXUSDC	+0.0340%	4h	152.18	−0.106%	$1.7M	$890K	20x	as long as short
Phoenix SPCX	+0.0368%	1h	152.20	−0.092%	$443K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0403%	8h	152.34	−0.003%	$18.9M	$29.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.58	+0.158%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.29	−0.032%	$381K	$507K	20x	as long as short