SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0137%/8h= −15.0% APRnext payment −$1.37 per $10,000 · paid last 24h +0.015%

Price spread now: Phemex against OKX−0.013%7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$370.372% of the position

Long on OKX Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.043%−$4 on $10k

Price spread, last 3 days (all we have)−0.007%−$1 · spread now −0.013%, 7d avg −0.063%

Together, before fees−0.050%−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.050% dearer against OKX than usual: you sell high and buy low (spread −0.013% now, against its 7-day average of −0.063%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 7 days (−0.043% in total) that is about 8.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SPCX-USDT-SWAP	152.65	0.0187	pay 0.0187% / 8h	2h 00m	$38.9M	$168.2M	75x
Short	Phemex SPCXUSDT	152.63	0.0050	get 0.0050% / 8h	2h 00m	$540K	$406K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$28.7
Price spread: −0.013% → −0.063%: $5
Slippage, 4 orders: −$15.18
Fee OKX: 5 bp × 2 orders: −$10
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$60.88
Costs to cover: 0.372%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Phemex: 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 OKX live order book, 3 min ago	0.33 bp	5.3 bp −$5	5.3 bp −$53	12.4 bp −$1,239	doesn't fit
Sell Phemex live order book, 21 min ago	2.29 bp	13.7 bp −$14	doesn't fit	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 −0.0335% / S +0.0533%	1h	152.60	−0.029%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.64	−0.007%	$96.5M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.50	+13.006%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.66	+0.007%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.81	+0.105%	$8K	$991K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.61	−0.026%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.61	−0.026%	$7K	$10K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.56	−0.059%	$2.4M	$7.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.013%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.64	−0.007%	—	$1.1M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0048%	1h	152.57	−0.052%	$1.6M	$7.3M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.61	−0.026%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.61	−0.026%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDTshort	+0.0050%	8h	152.63	−0.013%	$540K	$406K	50x
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.49	−0.105%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0057%	1h	152.61	−0.026%	$1.2M	$7.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0091%	8h	152.64	−0.008%	$101	—	5x	as long as short
BloFin SPCX-USDT	+0.0096%	8h	152.67	+0.013%	$1.9M	$1.4M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.55	−0.066%	$175K	$135K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.51	−0.092%	$13.0M	$5.3M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.66	+0.007%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.65	0.000%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.65	+0.002%	$89	—	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0143%	1h	152.63	−0.013%	$70K	$1.1M	10x	as long as short
Bybit SPCXUSDT	+0.0153%	8h	152.65	0.000%	$30.7M	$42.3M	100x	as long as short
tradeXYZ xyz:SPCX	+0.0181%	1h	152.60	−0.033%	$129.9M	$107.3M	20x	as long as short
OKX SPCX-USDT-SWAPlong	+0.0187%	8h	152.65	long leg	$38.9M	$168.2M	75x
Bullet SPCX-USD	+0.0189%	1h	152.63	−0.016%	$12K	$189K	10x	as long as short
Variational Omni SPCX	+0.0194%	8h	152.65	−0.001%	$6.1M	$4.3M	—	as long as short
Extended SPCX-USD	+0.0216%	1h	152.61	−0.025%	$715K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0216%	8h	152.63	−0.014%	$256.1M	$1.38B	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0232%	1h	152.71	+0.039%	$741K	$947K	10x	as long as short
Aster SPCXUSD1	+0.0247%	8h	152.70	+0.031%	$19.0M	$21.3M	20x	as long as short
Phoenix SPCX	+0.0262%	1h	152.68	+0.020%	$376K	$191K	15x	as long as short
Arcus SPCX-USD	+0.0293%	1h	152.56	−0.059%	$106K	$296K	5x	as long as short
Nado SPCX-PERP	+0.0296%	1h	152.53	−0.079%	$625K	$878K	20x	as long as short
Bitget SPCXUSDT	+0.0341%	8h	152.65	0.000%	$31.1M	$66.5M	75x	as long as short
RISEx SPCX/USDC	+0.0462%	1h	152.68	+0.016%	$403K	$544K	20x	as long as short
edgeX SPCXUSDC	+0.0992%	4h	152.63	−0.013%	$1.7M	$893K	20x	as long as short