Funding you earn now, next payment 10:00 UTC−0.0081%/8h= −8.9% APRnext payment −$0.10 per $10,000 · paid last 24h +0.029%
Price spread now: Nado against Extended−0.053%7-day average +0.070% · 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−$35as in the Price arb table
costs, in and out, $10k−$230.229% of the position
Funding, last 4 days (all we have)+0.060%+$6 on $10k
+Price spread, last 7 days+0.150%+$15 · spread now −0.053%, 7d avg +0.070%
=Together, before fees+0.210%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.123% cheaper against Extended than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.070%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.060%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPCX-USD | 152.82 | 0.0096 | pay 0.0012% / 1h | 58m 58s | $723K | $5.4M | 10x |
| Short | Nado SPCX-PERP | 152.74 | 0.0015 | get 0.0002% / 1h | 58m 58s | $635K | $809K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Extended. 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
- −$16.99
- Price spread: −0.053% → +0.070%
- −$12.32
- Slippage, 4 orders
- −$10.92
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$52.23
- Costs to cover
- 0.229%
- Break-even
- never at this rate
Slippage from Extended: live order book, 5 min ago; Nado: live order book, 34 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 Extended live order book, 5 min ago | 1.31 bp | 3.8 bp −$4 | 6.5 bp −$65 | doesn't fit | doesn't fit |
| Sell Nado live order book, 34 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 | 152.75 | −0.048% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0024% | 8h | 152.76 | −0.038% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.89 | +0.047% | $30.5M | $43.3M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.84 | +0.014% | $96.1M | $31.7M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.93 | +0.073% | $31.0M | $66.8M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.66 | −0.104% | $302K | $2.6M | 20x | as long as short |
| Bullet SPCX-USD | 0.0000% | 1h | 152.80 | −0.014% | $11K | $191K | 10x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.04 | +0.145% | $8K | $841K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.87 | +0.034% | $82K | $1.4M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.89 | +0.047% | $1.3M | $1.7M | 75x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SPCXUSD | +0.0014% | 1h | 152.65 | −0.113% | $7K | $7K | 10x | as long as short |
| Nado SPCX-PERPshort | +0.0015% | 1h | 152.74 | −0.053% | $635K | $809K | 20x | |
| QFEX SPCX-USD | +0.0031% | 1h | 152.73 | −0.058% | $1.2M | $5.4M | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.82 | +0.001% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.82 | +0.001% | $2.5M | $7.3M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.67 | −0.097% | $103K | $295K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.83 | +0.008% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.84 | +0.014% | $129.8M | $130.3M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.80 | −0.012% | $490K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.81 | −0.005% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.83 | +0.008% | $532K | $363K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.57 | −0.163% | $3.1M | $2.2M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0056% | 8h | 152.75 | −0.042% | $101 | — | 5x | as long as short |
| RISEx SPCX/USDC | +0.0068% | 1h | 152.82 | +0.004% | $382K | $507K | 20x | as long as short |
| Variational Omni SPCX | +0.0081% | 8h | 152.78 | −0.027% | $5.9M | $2.7M | — | as long as short |
| Extended SPCX-USDlong | +0.0096% | 1h | 152.82 | long leg | $723K | $5.4M | 10x | |
| Binance SPCXUSDT | +0.0096% | 8h | 152.88 | +0.038% | $252.4M | $1.38B | 75x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.71 | −0.071% | $169K | $117K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.77 | −0.032% | $13.0M | $5.9M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.84 | +0.014% | $58K | $270K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.83 | +0.008% | $15K | $7K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0104% | 8h | 152.91 | +0.060% | $39.4M | $168.9M | 75x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.80 | −0.014% | $89 | — | 10x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0184% | 1h | 152.67 | −0.097% | $687K | $1.0M | 10x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.77 | −0.032% | $449K | $267K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0397% | 8h | 153.00 | +0.118% | $19.0M | $30.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.78 | −0.025% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0488% | 4h | 152.78 | −0.022% | $1.7M | $891K | 20x | as long as short |
Extended SPCX-USD
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
StandX SPCX-USD
Bullet SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
RISEx SPCX/USDC
Variational Omni SPCX
Binance SPCXUSDT
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
OKX SPCX-USDT-SWAP
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC