SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h +0.036%

Price spread now: Nado against SoDEX−0.025%7-day average −0.005% · 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−$52as in the Price arb table

costs, in and out, $10k−$500.495% of the position

Long on SoDEX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.028%+$3 on $10k

Price spread, last 4 days (all we have)+0.065%+$6 · spread now −0.025%, 7d avg −0.005%

Together, before fees+0.093%+ Points / potential airdropNado: Active · farm board+$9 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.020% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of −0.005%). If the spread goes back, that is −$2 on $10k: about 17 hours of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.028% in total) that is about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SPCX-USD	152.55	0.0050	pay 0.0006% / 1h	50m 11s	$1.7M	$99K	20x
Short	Nado SPCX-PERP	152.51	0.0146	get 0.0018% / 1h	50m 11s	$614K	$804K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against SoDEX. 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 SoDEXbpFee NadobpOrdersPrice spread, now −0.025%Rate

Funding earned: $20.17
Price spread: −0.025% → −0.005%: −$2.04
Slippage, 4 orders: −$34.54
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$31.4
Costs to cover: 0.495%
Break-even: 17.9 days

Slippage from SoDEX: live order book, 4 min ago; Nado: live order book, 63 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 SoDEX live order book, 4 min ago	0.33 bp	18.2 bp −$18	50.1 bp −$501	doesn't fit	doesn't fit
Sell Nado live order book, 63 min ago	0.33 bp	7.5 bp −$8	17.5 bp −$175	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 −0.0224% / S +0.0463%	1h	152.47	−0.056%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.58	+0.020%	$96.3M	$31.5M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.62	+0.046%	$31.3M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.097%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.62	+0.046%	$300K	$2.8M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.78	+0.151%	$8K	$916K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.54	−0.007%	$87K	$1.2M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.64	+0.059%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0001%	8h	152.57	+0.013%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0013%	8h	152.59	+0.026%	$1.9M	$1.2M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0025%	1h	152.41	−0.090%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.53	−0.013%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.49	−0.039%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.47	−0.052%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.53	−0.013%	$1.2M	$5.6M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.58	+0.020%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.48	−0.046%	$131.0M	$128.5M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.54	−0.007%	$490K	$1.2M	10x	as long as short
SoDEX SPCX-USDlong	+0.0050%	1h	152.55	long leg	$1.7M	$99K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.61	+0.039%	$532K	$388K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.40	−0.098%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0063%	8h	152.59	+0.028%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.48	−0.046%	$169K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.48	−0.046%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.45	−0.066%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.55	0.000%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.57	+0.015%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0124%	8h	152.56	+0.005%	$6.0M	$2.9M	—	as long as short
Binance SPCXUSDT	+0.0132%	8h	152.60	+0.030%	$250.7M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0136%	1h	152.56	+0.006%	$731K	$4.6M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0142%	8h	152.59	+0.026%	$39.4M	$166.5M	75x	as long as short
Nado SPCX-PERPshort	+0.0146%	1h	152.51	−0.025%	$614K	$804K	20x
Bullet SPCX-USD	+0.0226%	1h	152.59	+0.028%	$12K	$193K	10x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.62	+0.046%	$408K	$522K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.072%	$739K	$931K	10x	as long as short
edgeX SPCXUSDC	+0.0251%	4h	152.54	−0.009%	$1.7M	$892K	20x	as long as short
Phoenix SPCX	+0.0263%	1h	152.52	−0.020%	$443K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0398%	8h	152.61	+0.039%	$18.9M	$24.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.67	+0.079%	$9K	$28K	5.5x	as long as short