SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0007%/8h= +0.8% APRnext payment +$0.01 per $10,000 · paid last 24h −0.016%

Price spread now: Bullet against Nado+0.051%7-day average +0.027% · 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−$27as in the Price arb table

costs, in and out, $10k−$290.290% of the position

Long on Nado Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.033%+$3 on $10k

Price spread, last 4 days (all we have)−0.113%−$11 · spread now +0.051%, 7d avg +0.027%

Together, before fees−0.079%+ Points / potential airdropNado: Active · farm board−$8 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bullet is 0.024% dearer against Nado than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SPCX-PERP	151.99	0.0085	pay 0.0011% / 1h	33m 05s	$634K	$813K	20x
Short	Bullet SPCX-USD	152.07	0.0092	get 0.0012% / 1h	33m 05s	$10K	$192K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against Nado. 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 NadobpFee BulletbpOrdersPrice spread, now +0.051%Rate

Funding earned: $1.47
Price spread: +0.051% → +0.027%: $2.44
Slippage, 4 orders: −$14.03
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$25.12
Costs to cover: 0.290%
Break-even: 126.5 days

Slippage from Nado: live order book, 65 min ago; Bullet: live order book, 1 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 Nado live order book, 65 min ago	0.33 bp	7.2 bp −$7	40.2 bp −$402	doesn't fit	doesn't fit
Sell Bullet live order book, 1 min ago	0.66 bp	5.6 bp −$6	20.3 bp −$203	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	151.99	−0.005%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0017%	8h	152.20	+0.137%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.04	+0.031%	$30.4M	$43.1M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.04	+0.031%	$96.1M	$32.1M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.05	+0.038%	$31.0M	$66.9M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.20	+0.137%	$299K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.56	+0.373%	$8K	$852K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.20	+0.137%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0020%	1h	152.10	+0.071%	$7K	$7K	10x	as long as short
Lighter SPCX	+0.0032%	1h	151.95	−0.028%	$1.6M	$7.4M	20x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	151.93	−0.041%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.05	+0.038%	$1.2M	$5.4M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.01	+0.012%	$102K	$299K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.07	+0.051%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	151.96	−0.021%	$129.6M	$129.4M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	151.93	−0.041%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.04	+0.031%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.09	+0.064%	$529K	$363K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.02	+0.018%	$3.1M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0061%	8h	152.06	+0.046%	$100	—	5x	as long as short
Variational Omni SPCX	+0.0085%	8h	152.23	+0.156%	$5.9M	$2.8M	—	as long as short
Nado SPCX-PERPlong	+0.0085%	1h	151.99	long leg	$634K	$813K	20x
Bullet SPCX-USDshort	+0.0092%	1h	152.07	+0.051%	$10K	$192K	10x
Pacifica SPCX	+0.0100%	1h	151.99	−0.002%	$168K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.00	+0.005%	$12.9M	$5.7M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.34	+0.229%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.10	+0.071%	$14K	$7K	10x	as long as short
Binance SPCXUSDT	+0.0103%	8h	152.07	+0.050%	$253.3M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.03	+0.025%	$725K	$5.3M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.07	+0.052%	$88	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0116%	8h	152.07	+0.051%	$39.3M	$167.2M	75x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.10	+0.074%	$380K	$506K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.17	+0.117%	$447K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.11	+0.077%	$694K	$993K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0342%	1h	152.02	+0.018%	$86K	$1.4M	10x	as long as short
Aster SPCXUSD1	+0.0382%	8h	152.20	+0.137%	$18.9M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.51	+0.341%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0832%	4h	152.20	+0.137%	$1.7M	$890K	20x	as long as short