Funding you earn now, next payment 07:00 UTC−0.0406%/8h= −44.4% APRnext payment −$0.51 per $10,000 · paid last 24h −0.058%
Price spread now: StandX against Deribit+0.066%47s7-day average +0.009% · 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—prices read too far apart to compare
costs, in and out, $10k−$340.338% of the position
Funding, last 5 days (all we have)−0.120%−$12 on $10k
+Price spread, last 4 days (all we have)−0.079%−$8 · spread now +0.066%, 7d avg +0.009%
=Together, before fees−0.198%+ Points / potential airdropStandX: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. StandX is 0.057% dearer against Deribit than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of +0.009%): +$6 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 5 days (−0.120% in total) that is about 2.3 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.120% in total (about -8.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SPCX_USDC-PERPETUAL | 152.57 | 0.0406 | pay 0.0051% / 1h | 55m 28s | $89K | $1.3M | 10x |
| Short | StandX SPCX-USD | 152.67 | 0 | get 0.0000% / 1h | 55m 28s | $300K | $2.7M | 20x |
Deribit SPCX_USDC-PERPETUAL
StandX SPCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Deribit. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$85.23
- Price spread: +0.066% → +0.009%
- $5.68
- Slippage, 4 orders
- −$18.8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$113.35
- Costs to cover
- 0.338%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 4 min ago; StandX: 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 Deribit live order book, 4 min ago | 4.59 bp | 9.2 bp −$9 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell StandX live order book, 3 min ago | 3.27 bp | 8.6 bp −$9 | 13.4 bp −$134 | 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 −0.0187% / S +0.0435% | 1h | 152.50 | −0.043% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0028% | 8h | 152.68 | +0.072% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.60 | +0.020% | $30.6M | $42.7M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.57 | 0.000% | $96.2M | $31.7M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.63 | +0.039% | $31.2M | $66.0M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.081% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USDshort | 0.0000% | 1h | 152.67 | +0.066% | $300K | $2.7M | 20x | |
| SunX SPCX-USDT | 0.0000% | 8h | 152.90 | +0.216% | $8K | $896K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.73 | +0.105% | $1.3M | $1.8M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0018% | 1h | 152.54 | −0.021% | $7K | $8K | 10x | as long as short |
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SPCX | +0.0032% | 1h | 152.47 | −0.066% | $2.5M | $7.2M | 20x | as long as short |
| QFEX SPCX-USD | +0.0038% | 1h | 152.57 | 0.000% | $1.2M | $5.5M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.58 | +0.007% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.56 | −0.007% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.56 | −0.007% | $487K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.55 | −0.013% | $1.7M | $96K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.55 | −0.013% | $530K | $383K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.57 | 0.000% | $3.2M | $2.3M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0060% | 8h | 152.64 | +0.043% | $101 | — | 5x | as long as short |
| tradeXYZ xyz:SPCX | +0.0060% | 1h | 152.51 | −0.039% | $130.1M | $129.1M | 20x | as long as short |
| Lighter SPCX | +0.0064% | 1h | 152.49 | −0.052% | $1.6M | $7.3M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0072% | 1h | 152.61 | +0.026% | $408K | $505K | 20x | as long as short |
| Variational Omni SPCX | +0.0073% | 8h | 152.63 | +0.038% | $6.0M | $2.8M | — | as long as short |
| Binance SPCXUSDT | +0.0092% | 8h | 152.60 | +0.020% | $250.1M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0096% | 1h | 152.58 | +0.007% | $732K | $4.6M | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.52 | −0.033% | $169K | $118K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.51 | −0.039% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.54 | −0.020% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.61 | +0.026% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.62 | +0.033% | $89 | — | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0109% | 8h | 152.63 | +0.039% | $39.6M | $166.9M | 75x | as long as short |
| Nado SPCX-PERP | +0.0191% | 1h | 152.44 | −0.086% | $611K | $800K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0192% | 1h | 152.61 | +0.026% | $729K | $921K | 10x | as long as short |
| Bullet SPCX-USD | +0.0198% | 1h | 152.65 | +0.052% | $11K | $192K | 10x | as long as short |
| Phoenix SPCX | +0.0263% | 1h | 152.65 | +0.052% | $444K | $266K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0349% | 8h | 152.70 | +0.082% | $18.9M | $25.3M | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUALlong | +0.0406% | 1h | 152.57 | long leg | $89K | $1.3M | 10x | |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.99 | +0.275% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0988% | 4h | 152.66 | +0.059% | $1.7M | $891K | 20x | as long as short |
Lighter RH SPCX
QFEX SPCX-USD
Arcus SPCX-USD
Vest SPCX-USD-PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
Paradex SPCX-USD-PERP
tradeXYZ xyz:SPCX
Lighter SPCX
RISEx SPCX/USDC
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
OKX SPCX-USDT-SWAP
Nado SPCX-PERP
Coinbase International SPCX-PERP-INTX
Bullet SPCX-USD
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC