Funding you earn now, next payment 23:00 UTC+0.0177%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.009%
Price spread now: Arcus against Ondo Perps+0.052%7-day average −0.007% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.052%, 7d avg −0.007%
=Together, before fees−0.041%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Arcus is 0.060% dearer against Ondo Perps than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SPCX-USD.P | 152.44 | 0.0050 | pay 0.0006% / 1h | 20m 16s | $3.2M | $2.6M | 10x |
| Short | Arcus SPCX-USD | 152.52 | 0.0227 | get 0.0028% / 1h | 20m 16s | $106K | $296K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Ondo Perps. 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
- $37.07
- Price spread: +0.052% → −0.007%
- $6
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- $33.57
- Costs to cover
- 0.095%
- Break-even
- 0.7 days
Slippage unknown: Ondo Perps: no order-book sample; Arcus: live order book, 63 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 63 min ago | 5.90 bp | 8.1 bp −$8 | 12.0 bp −$120 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0272% / S +0.0488% | 1h | 152.56 | +0.082% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.57 | +0.085% | $96.5M | $30.9M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +13.169% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.63 | +0.125% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.81 | +0.243% | $8K | $978K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.59 | +0.098% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0024% | 1h | 152.59 | +0.099% | $7K | $10K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.53 | +0.059% | $1.7M | $7.2M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.53 | +0.059% | $2.5M | $7.6M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +3.155% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.54 | +0.066% | — | $1.1M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.57 | +0.085% | $488K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.57 | +0.085% | $1.7M | $79K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.60 | +0.105% | $538K | $403K | 50x | as long as short |
| Ondo Perps SPCX-USD.Plong | +0.0050% | 1h | 152.44 | long leg | $3.2M | $2.6M | 10x | |
| QFEX SPCX-USD | +0.0066% | 1h | 152.58 | +0.092% | $1.2M | $7.6M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0067% | 8h | 152.57 | +0.089% | $101 | — | 5x | as long as short |
| BloFin SPCX-USDT | +0.0076% | 8h | 152.62 | +0.118% | $1.9M | $1.4M | 75x | as long as short |
| Bullet SPCX-USD | +0.0091% | 1h | 152.59 | +0.098% | $11K | $188K | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.52 | +0.052% | $175K | $133K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.49 | +0.033% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.65 | +0.138% | $58K | $270K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.62 | +0.118% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.62 | +0.115% | $89 | — | 10x | as long as short |
| Bybit SPCXUSDT | +0.0137% | 8h | 152.60 | +0.105% | $30.8M | $42.4M | 100x | as long as short |
| tradeXYZ xyz:SPCX | +0.0144% | 1h | 152.56 | +0.079% | $130.1M | $107.5M | 20x | as long as short |
| Variational Omni SPCX | +0.0175% | 8h | 152.60 | +0.102% | $6.0M | $3.9M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0180% | 8h | 152.61 | +0.112% | $38.9M | $168.4M | 75x | as long as short |
| Extended SPCX-USD | +0.0192% | 1h | 152.57 | +0.088% | $739K | $3.6M | 10x | as long as short |
| Binance SPCXUSDT | +0.0196% | 8h | 152.61 | +0.109% | $255.4M | $1.38B | 75x | as long as short |
| Arcus SPCX-USDshort | +0.0227% | 1h | 152.52 | +0.052% | $106K | $296K | 5x | |
| Nado SPCX-PERP | +0.0235% | 1h | 152.49 | +0.033% | $624K | $872K | 20x | as long as short |
| Aster SPCXUSD1 | +0.0246% | 8h | 152.67 | +0.152% | $19.0M | $21.8M | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 152.71 | +0.177% | $741K | $947K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0275% | 1h | 152.56 | +0.079% | $70K | $1.1M | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 152.60 | +0.105% | $445K | $196K | 15x | as long as short |
| Bitget SPCXUSDT | +0.0316% | 8h | 152.60 | +0.105% | $31.0M | $66.5M | 75x | as long as short |
| edgeX SPCXUSDC | +0.0461% | 4h | 152.62 | +0.120% | $1.7M | $892K | 20x | as long as short |
| RISEx SPCX/USDC | +0.0543% | 1h | 152.65 | +0.134% | $402K | $548K | 20x | 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 SPCX
Lighter RH SPCX
Injective SPCX/USDC PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
BloFin SPCX-USDT
Bullet SPCX-USD
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Bybit SPCXUSDT
tradeXYZ xyz:SPCX
Variational Omni SPCX
OKX SPCX-USDT-SWAP
Extended SPCX-USD
Binance SPCXUSDT
Aster SPCXUSD1
Coinbase International SPCX-PERP-INTX
Deribit SPCX_USDC-PERPETUAL
Phoenix SPCX
Bitget SPCXUSDT
edgeX SPCXUSDC
RISEx SPCX/USDC