SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.015%

Price spread now: HTX against Phemex+0.085%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$550.552% of the position

Long on Phemex Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.085%, 7d avg +0.063%

Together, before fees+0.020%+$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.022% dearer against Phemex than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.063%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex SPCXUSDT	152.67	0.0050	pay 0.0050% / 8h	5h 47m	$534K	$368K	50x
Short	HTX SPCX-USDT	152.80	0	get 0.0000% / 8h	5h 47m	$1.3M	$1.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Phemex. 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 PhemexbpFee HTXbpOrdersPrice spread, now +0.085%Rate

Funding earned: −$10.5
Price spread: +0.085% → +0.063%: $2.25
Slippage, 4 orders: −$31.24
Fee Phemex: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$63.49
Costs to cover: 0.552%
Break-even: never at this rate

Slippage from Phemex: live order book, 62 min ago; HTX: live order book, 4 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 Phemex live order book, 62 min ago	0.66 bp	24.9 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 4 min ago	0.33 bp	12.5 bp −$12	14.3 bp −$143	19.7 bp −$1,970	doesn't fit

SPCX on 38 exchanges

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	152.63	−0.023%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0058%	8h	152.71	+0.026%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.70	+0.020%	$30.1M	$43.3M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.69	+0.013%	$96.3M	$32.6M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.73	+0.039%	$31.0M	$67.0M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.72	+0.033%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.94	+0.177%	$8K	$817K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.62	−0.033%	$44K	$1.4M	10x	as long as short
HTX SPCX-USDTshort	0.0000%	8h	152.80	+0.085%	$1.3M	$1.7M	75x
Aftermath Perps SPCXUSD	+0.0021%	1h	152.66	−0.005%	$7K	$7K	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USD	+0.0030%	1h	152.67	0.000%	$1.2M	$5.4M	10x	as long as short
Variational Omni SPCX	+0.0032%	8h	152.70	+0.017%	$5.9M	$2.7M	—	as long as short
Lighter SPCX	+0.0032%	1h	152.62	−0.033%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.60	−0.046%	$2.5M	$7.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	+0.072%	$9K	$28K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.62	−0.033%	$103K	$294K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.69	+0.013%	—	$1.2M	10x	as long as short
Bullet SPCX-USD	+0.0048%	1h	152.72	+0.033%	$11K	$191K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.60	−0.046%	$128.3M	$129.7M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.67	0.000%	$1.7M	$101K	20x	as long as short
Phemex SPCXUSDTlong	+0.0050%	8h	152.67	long leg	$534K	$368K	50x
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.59	−0.052%	$3.0M	$2.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0050%	8h	152.68	+0.004%	$101	—	5x	as long as short
RISEx SPCX/USDC	+0.0051%	1h	152.74	+0.046%	$351K	$510K	20x	as long as short
Binance SPCXUSDT	+0.0062%	8h	152.70	+0.021%	$251.8M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0064%	1h	152.66	−0.004%	$724K	$5.3M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0086%	8h	152.74	+0.046%	$39.5M	$168.6M	75x	as long as short
Polymarket Perps SPCX-USD	+0.0089%	1h	152.72	+0.033%	$488K	$1.1M	10x	as long as short
Nado SPCX-PERP	+0.0094%	1h	152.67	−0.003%	$633K	$806K	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.59	−0.052%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.64	−0.020%	$13.0M	$6.2M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.75	+0.052%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.73	+0.039%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.67	+0.001%	$89	—	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0136%	1h	152.70	+0.020%	$735K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0209%	1h	152.68	+0.007%	$448K	$271K	15x	as long as short
Aster SPCXUSD1	+0.0401%	8h	152.87	+0.131%	$19.0M	$30.6M	20x	as long as short
edgeX SPCXUSDC	+0.0436%	4h	152.70	+0.017%	$1.7M	$890K	20x	as long as short