SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.043%

Price spread now: QFEX against Nado+0.010%7-day average −0.024% · 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−$24as in the Price arb table

costs, in and out, $10k−$270.273% of the position

Long on Nado Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.073%−$7 on $10k

Price spread, last 7 days−0.019%−$2 · spread now +0.010%, 7d avg −0.024%

Together, before fees−0.091%+ Points / potential airdropNado: Active · farm board−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.034% dearer against Nado than usual: you sell high and buy low (spread +0.010% now, against its 7-day average of −0.024%): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SPCX-PERP	152.70	0.0084	pay 0.0011% / 1h	51m 54s	$633K	$807K	20x
Short	QFEX SPCX-USD	152.71	0.0030	get 0.0004% / 1h	51m 54s	$1.2M	$5.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.010%Rate

Funding earned: −$11.37
Price spread: +0.010% → −0.024%: $3.41
Slippage, 4 orders: −$10.27
Fee Nado: 3.5 bp × 2 orders: −$7
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$35.24
Costs to cover: 0.273%
Break-even: never at this rate

Slippage from Nado: live order book, 59 min ago; QFEX: live order book, 5 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, 59 min ago	0.33 bp	5.9 bp −$6	24.2 bp −$242	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	1.31 bp	6.3 bp −$6	8.5 bp −$85	17.8 bp −$1,776	doesn't fit

SPCX on 38 exchanges

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	152.63	−0.040%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0057%	8h	152.77	+0.049%	$1.9M	$1.2M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	−0.0012%	1h	152.62	−0.049%	$45K	$1.4M	10x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.71	+0.010%	$30.1M	$43.4M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.70	+0.003%	$96.1M	$32.6M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.76	+0.042%	$31.1M	$67.0M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.72	+0.016%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.96	+0.173%	$8K	$818K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.82	+0.082%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0020%	1h	152.71	+0.008%	$7K	$7K	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USDshort	+0.0030%	1h	152.71	+0.010%	$1.2M	$5.4M	10x
Variational Omni SPCX	+0.0031%	8h	152.69	−0.006%	$5.9M	$2.7M	—	as long as short
Lighter SPCX	+0.0032%	1h	152.66	−0.023%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.64	−0.036%	$2.5M	$7.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	+0.055%	$9K	$28K	5.5x	as long as short
Bullet SPCX-USD	+0.0038%	1h	152.73	+0.023%	$12K	$191K	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.65	−0.030%	$103K	$294K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.73	+0.023%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.64	−0.036%	$128.4M	$129.6M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.67	−0.017%	$1.7M	$101K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.65	−0.030%	$532K	$367K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.59	−0.069%	$3.0M	$2.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0050%	8h	152.70	+0.004%	$101	—	5x	as long as short
RISEx SPCX/USDC	+0.0051%	1h	152.77	+0.048%	$351K	$518K	20x	as long as short
Binance SPCXUSDT	+0.0062%	8h	152.72	+0.015%	$251.8M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0064%	1h	152.67	−0.019%	$724K	$5.4M	10x	as long as short
Nado SPCX-PERPlong	+0.0084%	1h	152.70	long leg	$633K	$807K	20x
OKX SPCX-USDT-SWAP	+0.0088%	8h	152.75	+0.036%	$39.5M	$168.6M	75x	as long as short
Polymarket Perps SPCX-USD	+0.0098%	1h	152.76	+0.042%	$488K	$1.1M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.66	−0.023%	$169K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.65	−0.030%	$13.0M	$6.2M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.74	+0.029%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.73	+0.023%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.69	−0.006%	$89	—	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0136%	1h	152.70	+0.003%	$735K	$1.1M	10x	as long as short
edgeX SPCXUSDC	+0.0205%	4h	152.68	−0.008%	$1.7M	$889K	20x	as long as short
Phoenix SPCX	+0.0209%	1h	152.73	+0.023%	$448K	$271K	15x	as long as short
Aster SPCXUSD1	+0.0398%	8h	152.87	+0.116%	$19.0M	$30.6M	20x	as long as short