SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.57 per $10,000 · paid last 24h −0.005%

Price spread now: Bybit against Paradex+0.039%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

The price spread pays, funding is against you. Bybit is 0.039% dearer against Paradex than usual: you sell high and buy low (spread +0.039% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SPCX-USD-PERP	152.71	0.0057	pay 0.0057% / 8h	2h 12m	$101	—	5x
Short	Bybit SPCXUSDT	152.77	0	get 0.0000% / 8h	2h 12m	$30.7M	$42.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Paradex. 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 ParadexbpFee BybitbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$11.98
Price spread: +0.039% → 0.000%: $3.85
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$23.13
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 2 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 Paradex no order-book sample	—	—	—	—	—
Sell Bybit live order book, 2 min ago	0.33 bp	6.8 bp −$7	8.7 bp −$87	39.9 bp −$3,993	doesn't fit

Paradex: 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 −0.0187% / S +0.0435%	1h	152.65	−0.043%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0014%	8h	152.68	−0.020%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDTshort	0.0000%	8h	152.77	+0.039%	$30.7M	$42.7M	100x
Gate SPCX_USDT	0.0000%	8h	152.70	−0.007%	$96.2M	$31.9M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.77	+0.039%	$31.2M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.977%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.68	−0.020%	$300K	$2.8M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.87	+0.104%	$8K	$899K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.66	−0.034%	$88K	$1.3M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.75	+0.025%	$1.3M	$1.8M	75x	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	+0.0018%	1h	152.54	−0.110%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.66	−0.034%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.64	−0.047%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.58	−0.086%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.65	−0.040%	$1.2M	$5.5M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.74	+0.019%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.64	−0.047%	$130.4M	$129.0M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.64	−0.047%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.68	−0.020%	$1.7M	$96K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.71	−0.001%	$531K	$386K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.47	−0.158%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERPlong	+0.0057%	8h	152.71	long leg	$101	—	5x
Variational Omni SPCX	+0.0097%	8h	152.63	−0.053%	$6.0M	$2.8M	—	as long as short
Pacifica SPCX	+0.0100%	1h	152.63	−0.053%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.59	−0.079%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.55	−0.106%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.69	−0.014%	$15K	$7K	10x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.67	−0.029%	$731K	$4.6M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.70	−0.008%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0104%	1h	152.67	−0.025%	$613K	$801K	20x	as long as short
Binance SPCXUSDT	+0.0106%	8h	152.73	+0.012%	$250.5M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0117%	8h	152.79	+0.052%	$39.5M	$166.6M	75x	as long as short
Bullet SPCX-USD	+0.0134%	1h	152.74	+0.019%	$11K	$193K	10x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.72	+0.009%	$409K	$513K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.70	−0.007%	$731K	$938K	10x	as long as short
Phoenix SPCX	+0.0263%	1h	152.65	−0.040%	$444K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0362%	8h	152.73	+0.013%	$18.9M	$24.8M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.70	−0.007%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0817%	4h	152.61	−0.066%	$1.7M	$894K	20x	as long as short