SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0122%/8h= +13.4% APRnext payment +$0.15 per $10,000 · paid last 24h +0.009%

Price spread now: Bullet against Polymarket Perps+0.039%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$240.243% of the position

Long on Polymarket Perps Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.055%+$5 on $10k

Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.039%, 7d avg +0.038%

Together, before fees+0.022%+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SPCX-USD	152.93	0.0050	pay 0.0006% / 1h	4m 45s	$499K	$1.2M	10x
Short	Bullet SPCX-USD	152.99	0.0172	get 0.0022% / 1h	4m 45s	$11K	$189K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against Polymarket Perps. 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 Polymarket PerpsbpFee BulletbpOrdersPrice spread, now +0.039%Rate

Funding earned: $25.71
Price spread: +0.039% → +0.038%: $0.14
Slippage, 4 orders: −$8.32
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Bullet: 4 bp × 2 orders: −$8
Net: $1.53
Costs to cover: 0.243%
Break-even: 6.6 days

Slippage from Polymarket Perps: live order book, 3 min ago; Bullet: live order book, 64 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 Polymarket Perps live order book, 3 min ago	1.31 bp	5.3 bp −$5	5.8 bp −$58	8.3 bp −$831	doesn't fit
Sell Bullet live order book, 64 min ago	0.65 bp	8.0 bp −$8	20.8 bp −$208	doesn't fit	doesn't fit

SPCX on 38 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 −0.0333% / S +0.0531%	1h	152.96	+0.016%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.96	+0.020%	$96.0M	$31.4M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.813%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.90	−0.020%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.21	+0.183%	$8K	$943K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.01	+0.052%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.95	+0.011%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.93	0.000%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.91	−0.013%	$2.5M	$7.3M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	153.35	+0.275%	$9K	$27K	5.5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus SPCX-USD	+0.0040%	1h	152.92	−0.007%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.97	+0.026%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	152.94	+0.007%	$1.2M	$6.7M	10x	as long as short
Polymarket Perps SPCX-USDlong	+0.0050%	1h	152.93	long leg	$499K	$1.2M	10x
SoDEX SPCX-USD	+0.0050%	1h	152.98	+0.033%	$1.7M	$91K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.97	+0.026%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.84	−0.059%	$3.2M	$2.5M	10x	as long as short
Bybit SPCXUSDT	+0.0069%	8h	152.99	+0.039%	$30.8M	$42.9M	100x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0077%	1h	152.92	−0.007%	$72K	$1.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0083%	8h	152.97	+0.023%	$101	—	5x	as long as short
Bitget SPCXUSDT	+0.0096%	8h	153.02	+0.059%	$31.7M	$66.2M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.89	−0.026%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.90	−0.020%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	0.000%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.97	+0.026%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.96	+0.019%	$89	—	10x	as long as short
Bullet SPCX-USDshort	+0.0172%	1h	152.99	+0.039%	$11K	$189K	10x
tradeXYZ xyz:SPCX	+0.0184%	1h	152.97	+0.026%	$142.3M	$119.1M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0192%	8h	153.00	+0.046%	$39.4M	$168.4M	75x	as long as short
Variational Omni SPCX	+0.0201%	8h	152.96	+0.018%	$6.0M	$3.1M	—	as long as short
Binance SPCXUSDT	+0.0214%	8h	152.99	+0.039%	$252.6M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0216%	1h	152.96	+0.021%	$736K	$3.8M	10x	as long as short
Nado SPCX-PERP	+0.0238%	1h	152.87	−0.038%	$622K	$835K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	152.97	+0.026%	$738K	$973K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.97	+0.026%	$445K	$270K	15x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.00	+0.048%	$408K	$549K	20x	as long as short
Aster SPCXUSD1	+0.0411%	8h	153.05	+0.080%	$19.0M	$15.2M	20x	as long as short
edgeX SPCXUSDC	+0.0994%	4h	152.98	+0.031%	$1.7M	$893K	20x	as long as short