SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0095%/8h= −10.4% APRnext payment −$0.12 per $10,000 · paid last 24h −0.007%

Price spread now: Nado against Deribit−0.032%7-day average −0.018% · 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−$33as in the Price arb table

costs, in and out, $10k−$320.320% of the position

Long on Deribit Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.033%−$3 on $10k

Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.032%, 7d avg −0.018%

Together, before fees+0.067%+ Points / potential airdropNado: Active · farm board+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit SPCX_USDC-PERPETUAL	152.78	0.0143	pay 0.0018% / 1h	55m 41s	$82K	$1.4M	10x
Short	Nado SPCX-PERP	152.73	0.0048	get 0.0006% / 1h	55m 41s	$634K	$807K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.032%Rate

Funding earned: −$19.97
Price spread: −0.032% → −0.018%: −$1.36
Slippage, 4 orders: −$18.02
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$53.35
Costs to cover: 0.320%
Break-even: never at this rate

Slippage from Deribit: live order book, 3 min ago; Nado: live order book, 37 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, 3 min ago	0.33 bp	12.9 bp −$13	16.1 bp −$161	doesn't fit	doesn't fit
Sell Nado live order book, 37 min ago	0.33 bp	8.8 bp −$9	19.4 bp −$194	doesn't fit	doesn't fit

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 −0.0187% / S +0.0435%	1h	152.74	−0.029%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0025%	8h	152.80	+0.013%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.75	−0.020%	$30.4M	$43.3M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.76	−0.013%	$96.1M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.77	−0.007%	$31.0M	$66.8M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.71	−0.046%	$305K	$2.6M	20x	as long as short
Bullet SPCX-USD	0.0000%	1h	152.80	+0.016%	$11K	$191K	10x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.12	+0.223%	$8K	$840K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.84	+0.039%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0013%	1h	152.71	−0.043%	$7K	$7K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USD	+0.0031%	1h	152.76	−0.013%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.70	−0.052%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.69	−0.059%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.62	−0.105%	$103K	$295K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.79	+0.007%	—	$1.3M	10x	as long as short
Nado SPCX-PERPshort	+0.0048%	1h	152.73	−0.032%	$634K	$807K	20x
tradeXYZ xyz:SPCX	+0.0050%	1h	152.74	−0.026%	$129.6M	$130.4M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.78	0.000%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.76	−0.013%	$1.7M	$100K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.77	−0.007%	$531K	$363K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.67	−0.072%	$3.1M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0056%	8h	152.72	−0.039%	$101	—	5x	as long as short
RISEx SPCX/USDC	+0.0068%	1h	152.81	+0.020%	$382K	$507K	20x	as long as short
Variational Omni SPCX	+0.0076%	8h	152.78	−0.003%	$5.9M	$2.8M	—	as long as short
Binance SPCXUSDT	+0.0093%	8h	152.73	−0.033%	$252.1M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0096%	1h	152.73	−0.030%	$723K	$5.4M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.74	−0.026%	$169K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.71	−0.046%	$13.0M	$5.9M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.84	+0.039%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.79	+0.007%	$15K	$7K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0102%	8h	152.75	−0.020%	$39.4M	$168.8M	75x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.77	−0.008%	$89	—	10x	as long as short
Deribit SPCX_USDC-PERPETUALlong	+0.0143%	1h	152.78	long leg	$82K	$1.4M	10x
Coinbase International SPCX-PERP-INTX	+0.0184%	1h	152.67	−0.072%	$687K	$1.0M	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.73	−0.033%	$449K	$271K	15x	as long as short
Aster SPCXUSD1	+0.0397%	8h	152.91	+0.085%	$19.0M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.78	0.000%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0849%	4h	152.77	−0.004%	$1.7M	$888K	20x	as long as short