SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0184%/8h= +20.2% APRnext payment +$0.23 per $10,000 · paid last 24h +0.026%

Price spread now: Nado against Ondo Perps+0.061%7-day average +0.051% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.004%$0 on $10k

Price spread, last 7 days+0.062%+$6 · spread now +0.061%, 7d avg +0.051%

Together, before fees+0.066%+ Points / potential airdropOndo Perps: Active · Nado: Active · farm board+$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.004% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps SPCX-USD.P	152.85	0.0050	pay 0.0006% / 1h	28m 10s	$3.2M	$2.6M	10x
Short	Nado SPCX-PERP	152.94	0.0235	get 0.0029% / 1h	28m 10s	$604K	$848K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 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 Ondo PerpsbpFee NadobpOrdersPrice spread, now +0.061%Rate

Funding earned: $38.68
Price spread: +0.061% → +0.051%: $0.95
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $27.63
Costs to cover: 0.120%
Break-even: 2.0 days

Slippage unknown: Ondo Perps: no order-book sample; Nado: live order book, 45 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 Nado live order book, 45 min ago	0.33 bp	6.9 bp −$7	14.8 bp −$148	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 −0.0313% / S +0.0517%	1h	153.03	+0.121%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.06	+0.137%	$96.4M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.867%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.91	+0.039%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.29	+0.288%	$8K	$956K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.08	+0.150%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	152.96	+0.073%	$8K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.00	+0.098%	$2.5M	$7.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.879%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.06	+0.137%	—	$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
Lighter SPCX	+0.0048%	1h	153.01	+0.105%	$1.6M	$7.4M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.06	+0.137%	$1.7M	$86K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.08	+0.150%	$534K	$414K	50x	as long as short
Ondo Perps SPCX-USD.Plong	+0.0050%	1h	152.85	long leg	$3.2M	$2.6M	10x
Polymarket Perps SPCX-USD	+0.0051%	1h	153.04	+0.124%	$489K	$1.1M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.04	+0.124%	$1.2M	$7.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0100%	8h	153.08	+0.151%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.94	+0.059%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.96	+0.072%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.02	+0.111%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.08	+0.150%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.06	+0.140%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0106%	8h	153.09	+0.157%	$1.9M	$1.4M	75x	as long as short
Bybit SPCXUSDT	+0.0181%	8h	153.10	+0.164%	$30.9M	$42.8M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	152.98	+0.085%	$105K	$297K	5x	as long as short
OKX SPCX-USDT-SWAP	+0.0209%	8h	153.12	+0.177%	$39.2M	$169.0M	75x	as long as short
Variational Omni SPCX	+0.0210%	8h	153.02	+0.112%	$6.0M	$3.5M	—	as long as short
Extended SPCX-USD	+0.0224%	1h	153.06	+0.135%	$734K	$4.0M	10x	as long as short
Binance SPCXUSDT	+0.0227%	8h	153.09	+0.159%	$253.2M	$1.38B	75x	as long as short
Nado SPCX-PERPshort	+0.0235%	1h	152.94	+0.061%	$604K	$848K	20x
tradeXYZ xyz:SPCX	+0.0245%	1h	153.04	+0.124%	$143.1M	$119.4M	20x	as long as short
Bullet SPCX-USD	+0.0246%	1h	153.09	+0.157%	$11K	$188K	10x	as long as short
edgeX SPCXUSDC	+0.0257%	4h	153.02	+0.109%	$1.7M	$894K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0273%	1h	153.02	+0.111%	$72K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.04	+0.124%	$445K	$271K	15x	as long as short
Bitget SPCXUSDT	+0.0317%	8h	153.10	+0.164%	$31.3M	$66.4M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.01	+0.105%	$731K	$979K	10x	as long as short
Aster SPCXUSD1	+0.0355%	8h	153.08	+0.149%	$19.0M	$18.6M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.09	+0.160%	$401K	$535K	20x	as long as short