Funding you earn now, next payment 01:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.008%
Price spread now: Coinbase International against Nado+0.118%45s7-day average +0.020% · 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—prices read too far apart to compare
costs, in and out, $10k−$290.293% of the position
Funding, last 3 days (all we have)+0.099%+$10 on $10k
+Price spread, last 3 days (all we have)−0.132%−$13 · spread now +0.118%, 7d avg +0.020%
=Together, before fees−0.033%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Coinbase International is 0.098% dearer against Nado than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.020%. The two prices were read 45 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 | Nado SPCX-PERP | 152.96 | 0.0277 | pay 0.0035% / 1h | 47m 30s | $620K | $844K | 20x |
| Short | Coinbase International SPCX-PERP-INTX | 153.14 | 0.0288 | get 0.0036% / 1h | 47m 30s | $728K | $986K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Nado. 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
- $2.25
- Price spread: +0.118% → +0.020%
- $9.82
- Slippage, 4 orders
- −$12.34
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$17.27
- Costs to cover
- 0.293%
- Break-even
- 60.8 days
Slippage from Nado: live order book, 21 min ago; Coinbase International: live order book, 21 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, 21 min ago | 0.33 bp | 6.3 bp −$6 | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 21 min ago | 2.94 bp | 8.3 bp −$8 | 11.9 bp −$119 | doesn't fit | 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 −0.0340% / S +0.0536% | 1h | 152.96 | −0.003% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.99 | +0.020% | $96.3M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.791% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.94 | −0.013% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.28 | +0.210% | $8K | $949K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.99 | +0.020% | $72K | $1.1M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.05 | +0.059% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.90 | −0.038% | $7K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.95 | −0.006% | $2.5M | $7.2M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 153.32 | +0.236% | $9K | $27K | 5.5x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0040% | 1h | 152.96 | 0.000% | $1.6M | $7.2M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.94 | −0.013% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.04 | +0.053% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0049% | 1h | 153.02 | +0.040% | $1.2M | $7.0M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.98 | +0.013% | $489K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.00 | +0.027% | $1.7M | $87K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.00 | +0.027% | $534K | $405K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.84 | −0.078% | $3.2M | $2.6M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0086% | 8h | 153.02 | +0.037% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.93 | −0.019% | $169K | $133K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.90 | −0.039% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.94 | −0.013% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.01 | +0.033% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.02 | +0.043% | $89 | — | 10x | as long as short |
| Bybit SPCXUSDT | +0.0106% | 8h | 153.02 | +0.040% | $30.9M | $42.9M | 100x | as long as short |
| BloFin SPCX-USDT | +0.0116% | 8h | 153.03 | +0.046% | $1.9M | $1.4M | 75x | as long as short |
| Bullet SPCX-USD | +0.0168% | 1h | 153.00 | +0.027% | $11K | $189K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0184% | 1h | 152.96 | 0.000% | $142.4M | $119.7M | 20x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0205% | 8h | 153.00 | +0.027% | $39.3M | $168.9M | 75x | as long as short |
| Variational Omni SPCX | +0.0220% | 8h | 152.98 | +0.014% | $6.0M | $3.5M | — | as long as short |
| Bitget SPCXUSDT | +0.0225% | 8h | 153.08 | +0.079% | $31.8M | $66.6M | 75x | as long as short |
| Extended SPCX-USD | +0.0232% | 1h | 152.97 | +0.007% | $734K | $3.8M | 10x | as long as short |
| Binance SPCXUSDT | +0.0233% | 8h | 152.98 | +0.016% | $252.8M | $1.37B | 75x | as long as short |
| Nado SPCX-PERPlong | +0.0277% | 1h | 152.96 | long leg | $620K | $844K | 20x | |
| Coinbase International SPCX-PERP-INTXshort | +0.0288% | 1h | 153.14 | +0.118% | $728K | $986K | 10x | |
| Phoenix SPCX | +0.0314% | 1h | 153.02 | +0.040% | $445K | $270K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0394% | 8h | 153.12 | +0.105% | $19.0M | $17.8M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0410% | 1h | 153.06 | +0.066% | $408K | $539K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0426% | 4h | 153.00 | +0.030% | $1.7M | $894K | 20x | as long as short |
Coinbase International SPCX-PERP-INTX
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Injective SPCX/USDC PERP
Lighter SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Bybit SPCXUSDT
BloFin SPCX-USDT
Bullet SPCX-USD
tradeXYZ xyz:SPCX
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Bitget SPCXUSDT
Extended SPCX-USD
Binance SPCXUSDT
Phoenix SPCX
Aster SPCXUSD1
RISEx SPCX/USDC
edgeX SPCXUSDC