SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0238%/8h= −26.0% APRnext payment −$0.30 per $10,000 · paid last 24h −0.036%

Price spread now: Ondo Perps against Coinbase International−0.085%7-day average −0.049% · you buy dearer than you sell

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

Long on Coinbase International Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.184%−$18 on $10k

Price spread, last 3 days (all we have)+0.060%+$6 · spread now −0.085%, 7d avg −0.049%

Together, before fees−0.124%+ Points / potential airdropOndo Perps: Active · farm board−$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Ondo Perps is 0.036% cheaper against Coinbase International than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.049%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SPCX-PERP-INTX	152.97	0.0288	pay 0.0036% / 1h	0m 51s	$738K	$972K	10x
Short	Ondo Perps SPCX-USD.P	152.84	0.0050	get 0.0006% / 1h	0m 51s	$3.2M	$2.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Ondo PerpsbpOrdersPrice spread, now −0.085%Rate

Funding earned: −$49.9
Price spread: −0.085% → −0.049%: −$3.56
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$68.45
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 3 min ago; Ondo Perps: 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, 3 min ago	2.62 bp	8.1 bp −$8	11.3 bp −$113	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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 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	152.99	+0.010%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.95	−0.013%	$96.0M	$31.4M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.783%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.92	−0.033%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.25	+0.183%	$8K	$941K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.90	−0.046%	$72K	$1.1M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.03	+0.039%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0024%	1h	152.94	−0.018%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.94	−0.020%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.91	−0.039%	$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	+0.248%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.93	−0.026%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.99	+0.013%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	152.98	+0.007%	$1.2M	$6.7M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.95	−0.013%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.98	+0.007%	$1.7M	$91K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.96	−0.007%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.Pshort	+0.0050%	1h	152.84	−0.085%	$3.2M	$2.5M	10x
Bybit SPCXUSDT	+0.0059%	8h	152.98	+0.007%	$30.8M	$42.9M	100x	as long as short
Paradex SPCX-USD-PERP	+0.0080%	8h	153.01	+0.025%	$101	—	5x	as long as short
Bitget SPCXUSDT	+0.0082%	8h	153.03	+0.039%	$31.7M	$66.2M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.90	−0.046%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.89	−0.052%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	−0.026%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.99	+0.013%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.97	+0.003%	$89	—	10x	as long as short
edgeX SPCXUSDC	+0.0136%	4h	152.98	+0.008%	$1.7M	$893K	20x	as long as short
Bullet SPCX-USD	+0.0167%	1h	153.00	+0.017%	$11K	$189K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0182%	1h	152.95	−0.013%	$142.3M	$119.2M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0189%	8h	152.98	+0.007%	$39.4M	$168.2M	75x	as long as short
Variational Omni SPCX	+0.0196%	8h	152.97	−0.001%	$6.0M	$3.1M	—	as long as short
Extended SPCX-USD	+0.0208%	1h	152.92	−0.034%	$736K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0210%	8h	152.96	−0.006%	$252.5M	$1.37B	75x	as long as short
Nado SPCX-PERP	+0.0234%	1h	152.93	−0.028%	$622K	$835K	20x	as long as short
Coinbase International SPCX-PERP-INTXlong	+0.0288%	1h	152.97	long leg	$738K	$972K	10x
Phoenix SPCX	+0.0314%	1h	152.99	+0.013%	$445K	$270K	15x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.03	+0.039%	$408K	$549K	20x	as long as short
Aster SPCXUSD1	+0.0410%	8h	153.06	+0.057%	$19.0M	$15.2M	20x	as long as short