Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 147.79 | +0.0218 | pay 0.0027% / 1h | 37m 34s | $301K | $495K | 15x | Long Phoenix | |
| SHORT | 147.82 | +0.0140 | get 0.0140% / 8h | 3h 37m | $940K | $6.2M | — | Short BingX |
Price gap+0.020%
Funding gap−0.0078% /8h
Funding costs $2 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$45−0.0078% /8h now · paid −0.455% over the last 7D
Price−$2spread +0.020% now, avg +0.036% → −0.015% if it goes back
Costs−$280.279% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.020%
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
/8hSPCX on 47 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- OK: Fits both order books8.6 / 5.3 bpEntry at $10k a leg, taker fee + slippage. Closing costs about the same.
- Note: Margin at max leverage$667 + —Phoenix 15x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$2.33Long Phoenix: 24 payments, −$6.53; short BingX: 3 payments, +$4.20.
- Note: Gap at its usual level+0.020% vs +0.036%The price leg adds little either way.
- Watch: Long leg is thinner$301K vs $940K OIPhoenix sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPhoenix No · BingX YesAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0217%/8h × 21 periods−$45.47
Price spread+0.020% → +0.036% (7d avg)−$1.55
Slippage, 4 orderslive order books−$10.95
Fee Phoenix bp × 2 orders−$7.00
Fee BingX bp × 2 orders−$10.00
Net · 7 days · $10k−$74.97
Costs to cover0.279%Break-evennever at this rate
Slippage: Phoenix: live order book, 40 min ago; BingX: live order book, 17 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhoenix2.038.6 bp−$917.2 bp−$172doesn’t fitdoesn’t fit
SELL · SHORTBingX0.345.3 bp−$56.0 bp−$607.3 bp−$73413.8 bp−$6,900
Closing costs about the same again.
| 10-26 15:21 | Phoenix | Other | SpaceX's latest quarterly filing lists "a potential combination with Tesla" as a forward-looking risk. Both boards have formed special committees to review it. Trade $TSLA and $SPCX 24/7 on @PhoenixTrade on X ↗ |
| 10-26 08:00 | HTX | Other | US earnings season is here: - Trade popular US Stock Futures, including SNDK, SPCX, NVDA, META, and TSLAX. - Unlock lucky draw entries - ZXMOTO | iPhone Duo | Alienware Laptop | Unitree Robot Dog up for grabs Join Now -> @HTX_Global on X ↗ |
| 10-23 19:31 | Vest Markets | Other | Trade $SPCX volatility with a Vest Capital funded account and access up to $50k in trading capital: @VestExchange on X ↗ |
| 10-23 19:31 | Vest Markets | Other | SpaceX is reported to be in talks for at least 80,000 US cell sites, with $SPCX up around 1.4% on today's session. The talks, reported by Bloomberg, include Crown Castle and come weeks after SpaceX acquired low-band spectrum for its wireless plans. Phillip Securities double-upgraded $SPCX to Buy from Sell today, with the stock rebounding from Thursday's ~9% decline. @VestExchange on X ↗ |
| 10-23 17:52 | ApeX Omni | Other | $193bn of $SPCX stock came free to sell on Thursday. @elonmusk could not sell a single share of it. Why the stock fell 9% anyway👇 @OfficialApeXdex on X ↗ |
| 10-23 12:16 | SoDEX | Points | 🎉 Happy Points Day! Layer1 Season Week 7 points are LIVE! 🚀 SoDEX Open Interest Hits $309.53M! 🔥 Another milestone unlocked! From $270M to over $309M — thank you to our growing trading community! 🧡 ⚡ Week 8 Bonus: Trade ZEC-USD, NEAR-USD, TSLA-USD, META-USD, CL-USD, SPCX-USD, QNT-USD perps to earn 1.2× SoPoints on trading volume! 🎁 Check your points 👉 @sodex_official on X ↗ |


HTX
ApeX Omni
SoDEX