SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0137%/8h= +15.0% APRnext payment +$1.37 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against GRVT−11.497%110s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GRVT Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding pays, the price is against you. Bybit is 11.497% cheaper against GRVT than usual: you would sell low and buy high (spread −11.497% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,150 on $10k: about 9 months of funding at the current rate (+$4 a day). The two prices were read 110 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT SPCX_USDT_Perp	172.50	0	get 0.0000% / 8h	2h 27m	$4K	$882	10x
Short	Bybit SPCXUSDT	152.67	0.0137	get 0.0137% / 8h	2h 27m	$30.7M	$42.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against GRVT. 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 GRVTbpFee BybitbpOrdersPrice spread, now −11.497%Rate

Funding earned: $28.85
Price spread: −11.497% → 0.000%: −$1,149.7
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$1,140.85
Costs to cover: 0.200%
Break-even: 283.8 days

Slippage unknown: GRVT: no order-book sample; Bybit: live order book, 1 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 GRVT no order-book sample	—	—	—	—	—
Sell Bybit live order book, 1 min ago	0.33 bp	8.3 bp −$8	13.4 bp −$134	25.7 bp −$2,566	doesn't fit

GRVT: 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]	L −0.0271% / S +0.0488%	1h	152.56	−11.558%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.62	−11.526%	$96.4M	$31.0M	100x	as long as short
GRVT SPCX_USDT_Perplong	0.0000%	8h	172.50	long leg	$4K	$882	10x
StandX SPCX-USD	0.0000%	1h	152.62	−11.526%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.78	−11.433%	$8K	$989K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.61	−11.532%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0024%	1h	152.51	−11.587%	$7K	$10K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.54	−11.572%	$2.4M	$7.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	−8.842%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.57	−11.555%	—	$1.0M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps SPCX-USD	+0.0050%	1h	152.54	−11.572%	$488K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.62	−11.526%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.63	−11.520%	$542K	$402K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.48	−11.607%	$3.1M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0057%	1h	152.64	−11.514%	$1.2M	$7.6M	10x	as long as short
BloFin SPCX-USDT	+0.0066%	8h	152.63	−11.520%	$1.9M	$1.4M	75x	as long as short
Lighter SPCX	+0.0088%	1h	152.56	−11.561%	$1.6M	$7.3M	20x	as long as short
Paradex SPCX-USD-PERP	+0.0097%	8h	152.65	−11.507%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.59	−11.543%	$175K	$135K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.47	−11.613%	$13.0M	$5.2M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.64	−11.514%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.62	−11.526%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.63	−11.517%	$89	—	10x	as long as short
Bybit SPCXUSDTshort	+0.0137%	8h	152.67	−11.497%	$30.7M	$42.3M	100x
OKX SPCX-USDT-SWAP	+0.0157%	8h	152.65	−11.509%	$38.9M	$168.0M	75x	as long as short
Variational Omni SPCX	+0.0157%	8h	152.60	−11.539%	$6.1M	$4.3M	—	as long as short
tradeXYZ xyz:SPCX	+0.0184%	1h	152.57	−11.555%	$129.9M	$107.2M	20x	as long as short
Binance SPCXUSDT	+0.0191%	8h	152.66	−11.503%	$256.1M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0192%	1h	152.63	−11.521%	$715K	$3.6M	10x	as long as short
Bullet SPCX-USD	+0.0194%	1h	152.63	−11.518%	$12K	$190K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0209%	1h	152.56	−11.561%	$70K	$1.1M	10x	as long as short
Aster SPCXUSD1	+0.0219%	8h	152.66	−11.501%	$19.0M	$21.3M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0232%	1h	152.16	−11.793%	$739K	$963K	10x	as long as short
Phoenix SPCX	+0.0262%	1h	152.58	−11.549%	$370K	$191K	15x	as long as short
Arcus SPCX-USD	+0.0293%	1h	152.57	−11.555%	$106K	$296K	5x	as long as short
Nado SPCX-PERP	+0.0308%	1h	152.44	−11.629%	$624K	$878K	20x	as long as short
Bitget SPCXUSDT	+0.0330%	8h	152.64	−11.514%	$31.2M	$66.3M	75x	as long as short
RISEx SPCX/USDC	+0.0462%	1h	152.64	−11.517%	$383K	$540K	20x	as long as short
edgeX SPCXUSDC	+0.0611%	4h	152.60	−11.539%	$1.7M	$894K	20x	as long as short