Funding you earn now, next payment 01:00 UTC+0.0362%/8h= +39.7% APRpaid last 24h +0.078%
Price spread now: Phemex against GMX+0.016%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SPCX/USD [ETH-USDC] | 153.03 | L −0.0312% / S +0.0517% | get 0.0039% / 1h | 29m 41s | $88K | — | 20x |
| Short | Phemex SPCXUSDT | 153.05 | 0.0050 | get 0.0050% / 8h | 7h 29m | $534K | $414K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against GMX. 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
- $76.06
- Price spread: +0.016% → 0.000%
- $1.63
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- $53.69
- Costs to cover
- 0.240%
- Break-even
- 2.1 days
Slippage unknown: GMX: no order-book sample; Phemex: live order book, 43 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 43 min ago | 0.65 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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]long | L −0.0312% / S +0.0517% | 1h | 153.03 | long leg | $88K | — | 20x | |
| Gate SPCX_USDT | 0.0000% | 8h | 153.05 | +0.016% | $96.4M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.738% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.87 | −0.101% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.26 | +0.154% | $8K | $956K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.05 | +0.016% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0028% | 1h | 152.92 | −0.069% | $7K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 153.00 | −0.016% | $2.5M | $7.4M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +2.761% | $9K | $27K | 5.5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.02 | −0.003% | — | $1.2M | 10x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0048% | 1h | 153.01 | −0.010% | $1.6M | $7.4M | 20x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.03 | +0.003% | $1.7M | $86K | 20x | as long as short |
| Phemex SPCXUSDTshort | +0.0050% | 8h | 153.05 | +0.016% | $534K | $414K | 50x | |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.85 | −0.114% | $3.2M | $2.6M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0057% | 1h | 153.00 | −0.016% | $489K | $1.1M | 10x | as long as short |
| QFEX SPCX-USD | +0.0063% | 1h | 153.04 | +0.010% | $1.2M | $7.3M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0099% | 8h | 153.09 | +0.042% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.93 | −0.062% | $173K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.96 | −0.042% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.02 | −0.003% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.05 | +0.016% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.04 | +0.007% | $89 | — | 10x | as long as short |
| BloFin SPCX-USDT | +0.0104% | 8h | 153.03 | +0.003% | $1.9M | $1.4M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0165% | 8h | 153.10 | +0.049% | $30.8M | $42.8M | 100x | as long as short |
| Arcus SPCX-USD | +0.0194% | 1h | 152.96 | −0.042% | $105K | $297K | 5x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0208% | 1h | 152.99 | −0.023% | $71K | $1.1M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0208% | 8h | 153.10 | +0.049% | $39.2M | $169.0M | 75x | as long as short |
| Variational Omni SPCX | +0.0210% | 8h | 153.02 | −0.002% | $6.0M | $3.5M | — | as long as short |
| Extended SPCX-USD | +0.0224% | 1h | 153.05 | +0.018% | $734K | $4.0M | 10x | as long as short |
| Binance SPCXUSDT | +0.0226% | 8h | 153.09 | +0.040% | $253.2M | $1.38B | 75x | as long as short |
| Nado SPCX-PERP | +0.0235% | 1h | 152.93 | −0.061% | $603K | $848K | 20x | as long as short |
| Bullet SPCX-USD | +0.0248% | 1h | 153.06 | +0.025% | $11K | $188K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0248% | 1h | 153.03 | +0.003% | $143.1M | $119.4M | 20x | as long as short |
| edgeX SPCXUSDC | +0.0257% | 4h | 153.02 | −0.005% | $1.7M | $894K | 20x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 152.93 | −0.062% | $445K | $271K | 15x | as long as short |
| Bitget SPCXUSDT | +0.0317% | 8h | 153.11 | +0.056% | $31.2M | $66.4M | 75x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0328% | 1h | 153.01 | −0.010% | $731K | $979K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0353% | 8h | 153.07 | +0.030% | $19.0M | $18.6M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0409% | 1h | 153.09 | +0.040% | $401K | $535K | 20x | as long as short |
GMX SPCX/USD [ETH-USDC]
Phemex SPCXUSDT
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Injective SPCX/USDC PERP
Lighter SPCX
SoDEX SPCX-USD
Polymarket Perps SPCX-USD
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
BloFin SPCX-USDT
Bybit SPCXUSDT
Deribit SPCX_USDC-PERPETUAL
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Extended SPCX-USD
Binance SPCXUSDT
Bullet SPCX-USD
tradeXYZ xyz:SPCX
edgeX SPCXUSDC
Phoenix SPCX
Bitget SPCXUSDT
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
RISEx SPCX/USDC