SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0118%/8h= −12.9% APRnext payment −$1.18 per $10,000 · paid last 24h −0.035%

Price spread now: BloFin against OKX−0.013%103s7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$240.237% of the position

Long on OKX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.226%−$23 on $10k

Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.013%, 7d avg +0.008%

Together, before fees−0.134%−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.021% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.008%). Swap the legs. The two prices were read 103 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	OKX SPCX-USDT-SWAP	153.13	0.0146	pay 0.0146% / 8h	4h 19m	$39.5M	$166.8M	75x
Short	BloFin SPCX-USDT	153.11	0.0029	get 0.0029% / 8h	4h 19m	$1.9M	$1.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against OKX. 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 OKXbpFee BloFinbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$24.73
Price spread: −0.013% → +0.008%: −$2.11
Slippage, 4 orders: −$1.73
Fee OKX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$50.57
Costs to cover: 0.237%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 3 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 OKX live order book, 5 min ago	0.33 bp	5.7 bp −$6	8.0 bp −$80	16.0 bp −$1,599	doesn't fit
Sell BloFin live order book, 3 min ago	0.33 bp	6.3 bp −$6	7.7 bp −$77	10.0 bp −$997	16.8 bp −$8,399

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 −0.0253% / S +0.0486%	1h	153.06	−0.042%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.10	−0.020%	$30.8M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.08	−0.033%	$96.3M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.13	0.000%	$31.7M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.666%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	153.03	−0.065%	$302K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.35	+0.144%	$8K	$938K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.14	+0.007%	$1.3M	$1.7M	75x	as long as short
edgeX SPCXUSDC	0.0000%	4h	153.08	−0.031%	$1.7M	$892K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0011%	1h	153.05	−0.052%	$77K	$1.2M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0022%	1h	153.02	−0.070%	$8K	$8K	10x	as long as short
BloFin SPCX-USDTshort	+0.0029%	8h	153.11	−0.013%	$1.9M	$1.4M	75x
Lighter SPCX	+0.0032%	1h	153.04	−0.059%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.01	−0.078%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.02	−0.072%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.08	−0.033%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.05	−0.052%	$1.2M	$6.0M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.04	−0.059%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.07	−0.039%	$1.7M	$97K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.10	−0.020%	$533K	$393K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.98	−0.098%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0061%	8h	153.10	−0.021%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	153.00	−0.085%	$169K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.02	−0.072%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.12	−0.007%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.10	−0.020%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.10	−0.021%	$89	—	10x	as long as short
tradeXYZ xyz:SPCX	+0.0106%	1h	153.04	−0.059%	$141.4M	$119.0M	20x	as long as short
Bullet SPCX-USD	+0.0107%	1h	153.10	−0.020%	$11K	$191K	10x	as long as short
Nado SPCX-PERP	+0.0130%	1h	153.01	−0.078%	$617K	$821K	20x	as long as short
Variational Omni SPCX	+0.0133%	8h	153.09	−0.028%	$6.0M	$3.0M	—	as long as short
Extended SPCX-USD	+0.0144%	1h	153.06	−0.047%	$734K	$3.8M	10x	as long as short
OKX SPCX-USDT-SWAPlong	+0.0146%	8h	153.13	long leg	$39.5M	$166.8M	75x
Binance SPCXUSDT	+0.0147%	8h	153.10	−0.020%	$251.1M	$1.37B	75x	as long as short
RISEx SPCX/USDC	+0.0191%	1h	153.13	−0.003%	$410K	$530K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.10	−0.020%	$738K	$926K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.10	−0.020%	$445K	$268K	15x	as long as short
Aster SPCXUSD1	+0.0409%	8h	153.17	+0.029%	$19.0M	$21.1M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.50	+0.242%	$9K	$28K	5.5x	as long as short