SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0343%/8h= −37.6% APRnext payment −$0.43 per $10,000 · paid last 24h −0.033%

Price spread now: Extended against RISEx−0.036%7-day average −0.073% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$150.149% of the position

Long on RISEx Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.075%−$7 on $10k

Price spread, last 4 days (all we have)−0.057%−$6 · spread now −0.036%, 7d avg −0.073%

Together, before fees−0.132%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.037% dearer against RISEx than usual: you sell high and buy low (spread −0.036% now, against its 7-day average of −0.073%): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 3 days (−0.075% in total) that is about 40 hours.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.075% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.43 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SPCX/USDC	152.72	0.0543	pay 0.0068% / 1h	6m 29s	$402K	$548K	20x
Short	Extended SPCX-USD	152.67	0.0200	get 0.0025% / 1h	6m 29s	$739K	$3.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against RISEx. 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 RISExbpFee ExtendedbpOrdersPrice spread, now −0.036%Rate

Funding earned: −$72.11
Price spread: −0.036% → −0.073%: $3.67
Slippage, 4 orders: −$3.93
Fee RISEx: 3 bp × 2 orders: −$6
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$83.37
Costs to cover: 0.149%
Break-even: never at this rate

Slippage from RISEx: live order book, 12 min ago; Extended: live order book, 2 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 RISEx live order book, 12 min ago	0.98 bp	4.0 bp −$4	5.0 bp −$50	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.98 bp	3.5 bp −$3	6.1 bp −$61	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 −0.0272% / S +0.0488%	1h	152.66	−0.046%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.68	−0.029%	$96.6M	$30.9M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.959%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.71	−0.010%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.89	+0.108%	$8K	$977K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.67	−0.036%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	152.56	−0.107%	$7K	$10K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.62	−0.068%	$1.7M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.61	−0.075%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.963%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SPCX-USD-PERP	+0.0046%	1h	152.64	−0.055%	—	$1.1M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.65	−0.049%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.66	−0.042%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.69	−0.023%	$538K	$404K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.52	−0.134%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0066%	1h	152.67	−0.036%	$1.2M	$7.6M	10x	as long as short
BloFin SPCX-USDT	+0.0082%	8h	152.70	−0.016%	$1.9M	$1.4M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0082%	8h	152.68	−0.029%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.59	−0.088%	$175K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.56	−0.108%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.69	−0.023%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.67	−0.036%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.69	−0.019%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0125%	1h	152.70	−0.018%	$11K	$188K	10x	as long as short
Bybit SPCXUSDT	+0.0147%	8h	152.73	+0.004%	$30.8M	$42.4M	100x	as long as short
tradeXYZ xyz:SPCX	+0.0175%	1h	152.66	−0.042%	$131.0M	$108.1M	20x	as long as short
Variational Omni SPCX	+0.0178%	8h	152.64	−0.052%	$6.0M	$3.9M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0193%	8h	152.72	−0.003%	$39.0M	$168.6M	75x	as long as short
Extended SPCX-USDshort	+0.0200%	1h	152.67	−0.036%	$739K	$3.6M	10x
Binance SPCXUSDT	+0.0203%	8h	152.70	−0.016%	$255.5M	$1.38B	75x	as long as short
Arcus SPCX-USD	+0.0227%	1h	152.63	−0.062%	$106K	$296K	5x	as long as short
Nado SPCX-PERP	+0.0249%	1h	152.56	−0.107%	$625K	$871K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	152.63	−0.062%	$741K	$947K	10x	as long as short
Aster SPCXUSD1	+0.0261%	8h	152.77	+0.028%	$19.0M	$21.8M	20x	as long as short
Phoenix SPCX	+0.0314%	1h	152.65	−0.049%	$445K	$196K	15x	as long as short
Bitget SPCXUSDT	+0.0319%	8h	152.72	−0.003%	$31.0M	$66.6M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0340%	1h	152.65	−0.049%	$70K	$1.1M	10x	as long as short
RISEx SPCX/USDClong	+0.0543%	1h	152.72	long leg	$402K	$548K	20x
edgeX SPCXUSDC	+0.0798%	4h	152.65	−0.050%	$1.7M	$892K	20x	as long as short