SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0081%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h −0.031%

Price spread now: tradeXYZ against Deribit−0.066%7-day average −0.049% · 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−$39as in the Price arb table

costs, in and out, $10k−$370.372% of the position

Long on Deribit Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.113%−$11 on $10k

Price spread, last 4 days (all we have)+0.111%+$11 · spread now −0.066%, 7d avg −0.049%

Together, before fees−0.001%+ Points / potential airdroptradeXYZ: Active · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.049%, so right now this pair is about funding alone: −$2 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	152.39	0.0210	pay 0.0026% / 1h	18m 14s	$86K	$1.2M	10x
Short	tradeXYZ xyz:SPCX	152.29	0.0129	get 0.0016% / 1h	18m 14s	$131.3M	$128.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.066%Rate

Funding earned: −$16.95
Price spread: −0.066% → −0.049%: −$1.61
Slippage, 4 orders: −$12.23
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$55.79
Costs to cover: 0.372%
Break-even: never at this rate

Slippage from Deribit: live order book, 1 min ago; tradeXYZ: live order book, 12 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, 1 min ago	5.25 bp	9.3 bp −$9	11.5 bp −$115	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 12 min ago	0.33 bp	9.3 bp −$9	10.4 bp −$104	15.3 bp −$1,530	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 −0.0265% / S +0.0494%	1h	152.28	−0.069%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.36	−0.020%	$96.2M	$31.5M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.41	+0.013%	$31.3M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.215%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.47	+0.052%	$300K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.62	+0.151%	$8K	$920K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.46	+0.046%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0015%	8h	152.39	0.000%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0024%	8h	152.43	+0.026%	$1.9M	$1.3M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0031%	1h	152.37	−0.015%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.33	−0.039%	$2.5M	$7.4M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.34	−0.033%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.37	−0.013%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.37	−0.013%	$492K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.37	−0.013%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.41	+0.013%	$531K	$392K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.22	−0.112%	$3.2M	$2.4M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.39	0.000%	$1.2M	$5.7M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0057%	8h	152.41	+0.013%	$101	—	5x	as long as short
Lighter SPCX	+0.0096%	1h	152.37	−0.013%	$1.6M	$7.4M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.29	−0.066%	$168K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.32	−0.046%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.37	−0.013%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.42	+0.020%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.40	+0.006%	$88	—	10x	as long as short
tradeXYZ xyz:SPCXshort	+0.0129%	1h	152.29	−0.066%	$131.3M	$128.2M	20x
Variational Omni SPCX	+0.0131%	8h	152.45	+0.038%	$6.0M	$2.9M	—	as long as short
Binance SPCXUSDT	+0.0144%	8h	152.41	+0.016%	$250.4M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.38	−0.008%	$731K	$4.0M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0146%	8h	152.42	+0.020%	$39.4M	$166.3M	75x	as long as short
Nado SPCX-PERP	+0.0209%	1h	152.30	−0.058%	$613K	$802K	20x	as long as short
Deribit SPCX_USDC-PERPETUALlong	+0.0210%	1h	152.39	long leg	$86K	$1.2M	10x
RISEx SPCX/USDC	+0.0217%	1h	152.41	+0.015%	$408K	$517K	20x	as long as short
Bullet SPCX-USD	+0.0218%	1h	152.41	+0.015%	$11K	$192K	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	+0.033%	$739K	$931K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	152.41	+0.013%	$443K	$264K	15x	as long as short
Aster SPCXUSD1	+0.0419%	8h	152.49	+0.064%	$18.9M	$24.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.19	+0.525%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0459%	4h	152.44	+0.034%	$1.7M	$892K	20x	as long as short