SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0139%/8h= −15.2% APRnext payment −$0.17 per $10,000 · paid last 24h −0.038%

Price spread now: Extended against Deribit+0.010%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$260.264% of the position

Long on Deribit Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.114%−$11 on $10k

Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.010%, 7d avg −0.021%

Together, before fees−0.110%+ Points / potential airdropExtended: Active · farm board−$11 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.031% dearer against Deribit than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.021%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SPCX_USDC-PERPETUAL	152.92	0.0339	pay 0.0042% / 1h	47m 22s	$71K	$1.0M	10x
Short	Extended SPCX-USD	152.94	0.0200	get 0.0025% / 1h	47m 22s	$734K	$3.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Deribit. 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 DeribitbpFee ExtendedbpOrdersPrice spread, now +0.010%Rate

Funding earned: −$29.17
Price spread: +0.010% → −0.021%: $3.13
Slippage, 4 orders: −$14.38
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$52.42
Costs to cover: 0.264%
Break-even: never at this rate

Slippage from Deribit: live order book, 2 min ago; Extended: live order book, 1 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 Deribit live order book, 2 min ago	6.86 bp	10.4 bp −$10	14.9 bp −$149	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	0.33 bp	2.8 bp −$3	5.5 bp −$55	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 −0.0272% / S +0.0488%	1h	152.94	+0.010%	$89K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.94	+0.013%	$96.6M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.51	+12.813%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.89	−0.020%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.15	+0.150%	$8K	$972K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.97	+0.033%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0029%	1h	152.96	+0.023%	$8K	$10K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.90	−0.013%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.89	−0.020%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.832%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus SPCX-USD	+0.0040%	1h	152.89	−0.020%	$106K	$296K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.92	0.000%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.92	0.000%	$490K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.95	+0.020%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.96	+0.026%	$538K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.87	−0.033%	$3.2M	$2.7M	10x	as long as short
QFEX SPCX-USD	+0.0052%	1h	152.91	−0.007%	$1.2M	$7.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0080%	8h	152.93	+0.007%	$101	—	5x	as long as short
BloFin SPCX-USDT	+0.0083%	8h	153.06	+0.092%	$1.9M	$1.4M	75x	as long as short
Bullet SPCX-USD	+0.0085%	1h	152.93	+0.007%	$11K	$188K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.87	−0.033%	$173K	$132K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.85	−0.046%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	+0.007%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.98	+0.039%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.96	+0.029%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0143%	8h	152.96	+0.026%	$30.7M	$42.7M	100x	as long as short
Variational Omni SPCX	+0.0188%	8h	153.00	+0.050%	$6.0M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0193%	8h	152.97	+0.033%	$39.0M	$169.5M	75x	as long as short
Extended SPCX-USDshort	+0.0200%	1h	152.94	+0.010%	$734K	$3.6M	10x
Binance SPCXUSDT	+0.0203%	8h	152.96	+0.025%	$253.9M	$1.38B	75x	as long as short
Phoenix SPCX	+0.0261%	1h	153.01	+0.059%	$446K	$269K	15x	as long as short
Nado SPCX-PERP	+0.0264%	1h	152.84	−0.050%	$602K	$884K	20x	as long as short
tradeXYZ xyz:SPCX	+0.0272%	1h	152.92	0.000%	$143.6M	$118.5M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.97	+0.033%	$733K	$970K	10x	as long as short
Aster SPCXUSD1	+0.0281%	8h	153.04	+0.078%	$19.0M	$21.3M	20x	as long as short
Bitget SPCXUSDT	+0.0309%	8h	152.97	+0.033%	$31.2M	$67.2M	75x	as long as short
Deribit SPCX_USDC-PERPETUALlong	+0.0339%	1h	152.92	long leg	$71K	$1.0M	10x
RISEx SPCX/USDC	+0.0339%	1h	153.03	+0.072%	$403K	$538K	20x	as long as short
edgeX SPCXUSDC	+0.0820%	4h	152.96	+0.029%	$1.7M	$893K	20x	as long as short