Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: StandX against Phemex−0.026%7-day average +0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$480.484% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 3 days (all we have)+0.097%+$10 · spread now −0.026%, 7d avg +0.067%
=Together, before fees+0.144%+ Points / potential airdropStandX: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and StandX is 0.094% cheaper against Phemex than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.067%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SPCXUSDT | 153.00 | 0.0050 | pay 0.0050% / 8h | 6h 41m | $534K | $406K | 50x |
| Short | StandX SPCX-USD | 152.96 | 0 | get 0.0000% / 1h | 41m 10s | $302K | $3.1M | 20x |
Phemex SPCXUSDT
StandX SPCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
StandX against Phemex. 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
- −$10.5
- Price spread: −0.026% → +0.067%
- −$9.35
- Slippage, 4 orders
- −$28.41
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$68.26
- Costs to cover
- 0.484%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 26 min ago; StandX: live order book, 3 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, 26 min ago | 1.96 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell StandX live order book, 3 min ago | 3.92 bp | 10.7 bp −$11 | 15.0 bp −$150 | doesn't fit | doesn't fit |
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 −0.0343% / S +0.0539% | 1h | 152.97 | −0.016% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.99 | −0.007% | $96.3M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.760% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USDshort | 0.0000% | 1h | 152.96 | −0.026% | $302K | $3.1M | 20x | |
| SunX SPCX-USDT | 0.0000% | 8h | 153.26 | +0.170% | $8K | $949K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.03 | +0.020% | $1.3M | $1.7M | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0012% | 1h | 152.95 | −0.033% | $72K | $1.1M | 10x | as long as short |
| Aftermath Perps SPCXUSD | +0.0024% | 1h | 152.95 | −0.034% | $7K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.95 | −0.033% | $1.6M | $7.2M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.93 | −0.046% | $2.5M | $7.2M | 20x | as long as short |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
SunX SPCX-USDT
HTX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCXShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SPCX/USDC PERP | +0.0033% | 1h | 153.32 | +0.209% | $9K | $27K | 5.5x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.94 | −0.039% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.01 | +0.007% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0049% | 1h | 152.97 | −0.020% | $1.2M | $6.9M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.96 | −0.026% | $500K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.98 | −0.013% | $1.7M | $89K | 20x | as long as short |
| Phemex SPCXUSDTlong | +0.0050% | 8h | 153.00 | long leg | $534K | $406K | 50x | |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.82 | −0.118% | $3.2M | $2.6M | 10x | as long as short |
| Bybit SPCXUSDT | +0.0073% | 8h | 153.01 | +0.007% | $30.9M | $42.9M | 100x | as long as short |
| Paradex SPCX-USD-PERP | +0.0081% | 8h | 153.01 | +0.004% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.89 | −0.072% | $169K | $133K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.90 | −0.065% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.05 | +0.033% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.01 | +0.007% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.00 | −0.003% | $89 | — | 10x | as long as short |
| BloFin SPCX-USDT | +0.0116% | 8h | 153.03 | +0.020% | $1.9M | $1.4M | 75x | as long as short |
| Bullet SPCX-USD | +0.0132% | 1h | 153.01 | +0.007% | $11K | $190K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0146% | 1h | 152.96 | −0.026% | $142.4M | $119.8M | 20x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0198% | 8h | 153.01 | +0.007% | $39.4M | $168.9M | 75x | as long as short |
| Bitget SPCXUSDT | +0.0204% | 8h | 153.05 | +0.033% | $31.8M | $66.5M | 75x | as long as short |
| Variational Omni SPCX | +0.0211% | 8h | 152.99 | −0.006% | $6.0M | $3.3M | — | as long as short |
| Extended SPCX-USD | +0.0224% | 1h | 152.97 | −0.020% | $734K | $3.8M | 10x | as long as short |
| Binance SPCXUSDT | +0.0225% | 8h | 153.00 | +0.002% | $252.8M | $1.37B | 75x | as long as short |
| Nado SPCX-PERP | +0.0250% | 1h | 152.92 | −0.054% | $620K | $841K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0288% | 1h | 153.14 | +0.092% | $728K | $977K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 152.98 | −0.013% | $445K | $270K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0391% | 8h | 153.11 | +0.073% | $19.0M | $17.2M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0410% | 1h | 153.04 | +0.026% | $408K | $539K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0591% | 4h | 153.01 | +0.008% | $1.7M | $892K | 20x | as long as short |
Injective SPCX/USDC PERP
Arcus SPCX-USD
Vest SPCX-USD-PERP
QFEX SPCX-USD
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Ondo Perps SPCX-USD.P
Bybit SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
BloFin SPCX-USDT
Bullet SPCX-USD
tradeXYZ xyz:SPCX
OKX SPCX-USDT-SWAP
Bitget SPCXUSDT
Variational Omni SPCX
Extended SPCX-USD
Binance SPCXUSDT
Nado SPCX-PERP
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
RISEx SPCX/USDC
edgeX SPCXUSDC