Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h +0.007%
Price spread now: Deribit against Nado+0.054%7-day average +0.016% · 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−$31as in the Price arb table
costs, in and out, $10k−$350.353% of the position
Funding, last 3 days (all we have)+0.033%+$3 on $10k
+Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.054%, 7d avg +0.016%
=Together, before fees−0.016%+ Points / potential airdropNado: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.038% dearer against Nado than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SPCX-PERP | 152.80 | 0.0291 | pay 0.0036% / 1h | 24m 41s | $602K | $884K | 20x |
| Short | Deribit SPCX_USDC-PERPETUAL | 152.88 | 0.0339 | get 0.0042% / 1h | 24m 41s | $71K | $1.0M | 10x |
Nado SPCX-PERP
Deribit SPCX_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $10.07
- Price spread: +0.054% → +0.016%
- $3.82
- Slippage, 4 orders
- −$21.26
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$21.38
- Costs to cover
- 0.353%
- Break-even
- 21.9 days
Slippage from Nado: live order book, 54 min ago; Deribit: live order book, 4 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, 54 min ago | 0.33 bp | 5.5 bp −$6 | 23.0 bp −$230 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 4 min ago | 7.52 bp | 11.0 bp −$11 | 15.3 bp −$153 | 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 −0.0275% / S +0.0490% | 1h | 152.88 | +0.058% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.89 | +0.061% | $96.6M | $31.4M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.51 | +12.904% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.81 | +0.009% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.10 | +0.198% | $8K | $972K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.93 | +0.087% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0031% | 1h | 152.81 | +0.011% | $7K | $10K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.84 | +0.028% | $2.5M | $7.6M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +2.914% | $9K | $27K | 5.5x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.86 | +0.041% | $105K | $297K | 5x | as long as short |
GMX SPCX/USD [ETH-USDC]
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
Arcus SPCX-USDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.88 | +0.054% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.88 | +0.054% | $489K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.91 | +0.074% | $1.7M | $79K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.86 | +0.041% | $536K | $409K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.77 | −0.018% | $3.2M | $2.8M | 10x | as long as short |
| QFEX SPCX-USD | +0.0052% | 1h | 152.88 | +0.054% | $1.2M | $7.6M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0075% | 8h | 152.95 | +0.100% | $1.9M | $1.4M | 75x | as long as short |
| Lighter SPCX | +0.0080% | 1h | 152.88 | +0.054% | $1.6M | $7.4M | 20x | as long as short |
| Paradex SPCX-USD-PERP | +0.0089% | 8h | 152.91 | +0.073% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.83 | +0.022% | $173K | $130K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.82 | +0.015% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.92 | +0.081% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.93 | +0.087% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.94 | +0.097% | $89 | — | 10x | as long as short |
| Bullet SPCX-USD | +0.0134% | 1h | 152.93 | +0.085% | $11K | $188K | 10x | as long as short |
| Bybit SPCXUSDT | +0.0149% | 8h | 152.94 | +0.094% | $30.7M | $42.8M | 100x | as long as short |
| Variational Omni SPCX | +0.0173% | 8h | 152.92 | +0.079% | $6.0M | $3.5M | — | as long as short |
| Extended SPCX-USD | +0.0192% | 1h | 152.88 | +0.054% | $734K | $3.6M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0193% | 8h | 152.91 | +0.074% | $39.0M | $169.4M | 75x | as long as short |
| Binance SPCXUSDT | +0.0196% | 8h | 152.91 | +0.074% | $253.2M | $1.39B | 75x | as long as short |
| tradeXYZ xyz:SPCX | +0.0256% | 1h | 152.87 | +0.048% | $143.5M | $119.4M | 20x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 152.92 | +0.081% | $446K | $269K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0280% | 1h | 152.97 | +0.113% | $733K | $970K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0290% | 8h | 153.01 | +0.140% | $19.0M | $21.3M | 20x | as long as short |
| Nado SPCX-PERPlong | +0.0291% | 1h | 152.80 | long leg | $602K | $884K | 20x | |
| Bitget SPCXUSDT | +0.0308% | 8h | 152.93 | +0.087% | $31.2M | $67.3M | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUALshort | +0.0339% | 1h | 152.88 | +0.054% | $71K | $1.0M | 10x | |
| RISEx SPCX/USDC | +0.0339% | 1h | 152.98 | +0.120% | $403K | $539K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0807% | 4h | 152.87 | +0.049% | $1.7M | $891K | 20x | as long as short |
Vest SPCX-USD-PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
QFEX SPCX-USD
BloFin SPCX-USDT
Lighter SPCX
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Bullet SPCX-USD
Bybit SPCXUSDT
Variational Omni SPCX
Extended SPCX-USD
OKX SPCX-USDT-SWAP
Binance SPCXUSDT
tradeXYZ xyz:SPCX
Phoenix SPCX
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
Bitget SPCXUSDT
RISEx SPCX/USDC
edgeX SPCXUSDC