SPCX

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PhemexSPCXUSDT	137.43	+0.0050	pay 0.0050% / 8h	4h 34m	$528K	$5.5M	50x	Long Phemex
SHORT	ReyaSPCXRUSDPERP	137.11	−0.0679	pay 0.0085% / 1h	34m 38s	$4K	$71K	5x	Short Reya

Price gap−0.230%

Funding gap−0.0729% /8h

Both sides work against this direction now: funding costs $22 a day on $10k and the gap is 0.230% under zero (no 7-day history yet). Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$60−0.0729% /8h now · paid −0.604% over the last 7D

Price—spread −0.230% now · no price history on both exchanges yet

Costsno datano order book for Reya

Result, before costs—+ Points / potential airdropReya: points · farm boardneeds both price histories

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now−0.230%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

SPCX on 47 exchanges

lowest funding first

Before you open

1 ok · 3 to watch

Note: Order book unknown—
No order-book sample for Reya: its slippage is not counted.
Note: Margin at max leverage$200 + $2,000
Phemex 50x, Reya 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ8h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$21.86Long Phemex: 3 payments, −$1.50; short Reya: 24 payments, −$20.36.
Note: No 7-day spread history−0.230%
The gap cannot be compared with its average yet.
Watch: Short leg is thinner$4K vs $528K OI
Reya sets your exit cost. Check its book before closing.
OK: Points on a legReya points
Volume here counts toward the points program.
Watch: KYCPhemex Yes · Reya No
KYC unlocks spot and futures trading; an unverified account cannot withdraw at all.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0288%/8h × 21 periods−$60.40

Price spread−0.230% → 0−$22.96

Slippage, 4 ordersno data for Reya—

Fee Phemex bp × 2 orders−$12.00

Fee Reya bp × 2 orders−$6.00

Net, fees only · 7 days · $10k−$101.36

Costs to cover0.180%Break-evennever at this rate

Slippage: Phemex: live order book, 3 min ago; Reya: no order-book sample

Cost to enter

taker + slippage from mid, one side

BUY · LONGPhemex0.738.6 bp−$98.9 bp−$8910.9 bp−$1,08617.3 bp−$8,659

SELL · SHORTReya—————

Closing costs about the same again.
Reya: no data.

SPCX news

posts that mention SPCX, from every exchangeSearch all news →

10-30 12:26	Reya	Points	In other news, the orderbook admits one wave at a time. Trade binancecoin:native, $SPCX and a growing list of crypto and RWA perps in Season 2. Join the waitlist before the next announcement makes the queue longer. @reya_xyz on X ↗
10-30 12:13	Markets by Kinetiq	Other	JUST IN: CZ THREATENS ELON MUSK WITH SELLING $SPCX SHARES TO COVER THE BINANCE HACK. @Markets_xyz on X ↗
10-28 06:13	SoDEX	Other	☁️ AI COMPUTE BOOM: THE NEXT BIG TRADE? 🚀🔥 Big Tech is pouring billions into AI infrastructure! 💰 Broadcom: $63B AI compute financing deal 🔥 SpaceX: $40B GPU financing secured 🚀 Meta: Up to $97.5B in planned equity fundraising 📈 AI infrastructure stocks are back in focus! 📊 Trade the AI compute wave on SoDEX! 🔹 AI Cloud: 🚀 $NBIS +12.61% \| $CRWV +8.64% 🔹 AI Expansion: 📈 $SPCX +1.73% \| $META -1.66% 🔹 Cloud Giants: ☁️ solana:CWr8CzC1gCz7KhDMSUAjathCoSyVE7MxauNT75Bimoon (GOOGL) +2.32% \| $MSFT -0.39% \| $AMZN +2.14% 👀 Will AI infrastructure spending fuel the next rally? 👉 @sodex_official on X ↗
10-27 13:21	Ondo Perps	Other	Eligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗
10-27 09:00	MEXC	Other	🚀 Tesla jumps 5.2% on SpaceX merger hopes. 📈 $TSLA +5.2% \| $391.62 📉 $SPCX -0.4% \| $146.90 🔥 Barclays upgrades Tesla to Overweight, lifting its price target to $450. Could a Tesla-SpaceX merger fuel the next rally? 👇 @MEXC on X ↗
10-27 07:29	Bitget	Other	Largest IPOs in history, by valuation. 1. Anthropic $ANT (2026)* ~$2.0T 2. Space X $SPCX (2026) ~$1.75T 3. Saudi Aramco (2019) ~$1.70T 4. SK Hynix $SKHY (2026) ~$1.09T 5. Alibaba $BABA (2014) ~$168B @bitget on X ↗