Funding you earn now, next payment 01:00 UTC+0.0251%/8h= +27.5% APRnext payment +$0.31 per $10,000 · paid last 24h +0.022%
Price spread now: Bullet against StandX+0.092%7-day average −0.004% · 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−$25as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 3 days (all we have)+0.103%+$10 on $10k
+Price spread, last 3 days (all we have)−0.107%−$11 · spread now +0.092%, 7d avg −0.004%
=Together, before fees−0.004%+ Points / potential airdropStandX: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bullet is 0.096% dearer against StandX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | StandX SPCX-USD | 152.81 | 0 | get 0.0000% / 1h | 32m 37s | $302K | $3.1M | 20x |
| Short | Bullet SPCX-USD | 152.95 | 0.0251 | get 0.0031% / 1h | 32m 37s | $11K | $188K | 10x |
StandX SPCX-USD
Bullet SPCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against StandX. 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
- $52.76
- Price spread: +0.092% → −0.004%
- $9.55
- Slippage, 4 orders
- −$18.2
- Fee StandX: 4 bp × 2 orders
- −$8
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $28.11
- Costs to cover
- 0.342%
- Break-even
- 3.3 days
Slippage from StandX: live order book, 1 min ago; Bullet: live order book, 41 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 StandX live order book, 1 min ago | 3.92 bp | 7.9 bp −$8 | 12.4 bp −$124 | doesn't fit | doesn't fit |
| Sell Bullet live order book, 41 min ago | 1.63 bp | 8.4 bp −$8 | 20.7 bp −$207 | 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 −0.0310% / S +0.0515% | 1h | 152.93 | +0.075% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.96 | +0.098% | $96.4M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.896% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USDlong | 0.0000% | 1h | 152.81 | long leg | $302K | $3.1M | 20x | |
| SunX SPCX-USDT | 0.0000% | 8h | 153.26 | +0.294% | $8K | $958K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.93 | +0.079% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0028% | 1h | 152.92 | +0.070% | $7K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.93 | +0.079% | $2.5M | $7.4M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +2.906% | $9K | $27K | 5.5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.91 | +0.065% | — | $1.2M | 10x | as long as short |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Injective SPCX/USDC PERP
Vest SPCX-USD-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0048% | 1h | 152.94 | +0.085% | $1.6M | $7.4M | 20x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.93 | +0.079% | $1.7M | $86K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.95 | +0.092% | $534K | $414K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.84 | +0.020% | $3.2M | $2.6M | 10x | as long as short |
| QFEX SPCX-USD | +0.0063% | 1h | 152.92 | +0.072% | $1.2M | $7.4M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0068% | 1h | 152.92 | +0.072% | $488K | $1.1M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0099% | 8h | 153.00 | +0.124% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.88 | +0.046% | $173K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.90 | +0.059% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.85 | +0.026% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.99 | +0.118% | $15K | $7K | 10x | as long as short |
| BloFin SPCX-USDT | +0.0103% | 8h | 152.94 | +0.085% | $1.9M | $1.4M | 75x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.94 | +0.085% | $89 | — | 10x | as long as short |
| Bybit SPCXUSDT | +0.0176% | 8h | 153.02 | +0.137% | $30.8M | $42.7M | 100x | as long as short |
| Arcus SPCX-USD | +0.0194% | 1h | 152.89 | +0.052% | $105K | $297K | 5x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0206% | 8h | 153.01 | +0.131% | $39.2M | $168.9M | 75x | as long as short |
| Variational Omni SPCX | +0.0207% | 8h | 152.92 | +0.073% | $6.0M | $3.5M | — | as long as short |
| Binance SPCXUSDT | +0.0223% | 8h | 153.01 | +0.128% | $253.1M | $1.38B | 75x | as long as short |
| Extended SPCX-USD | +0.0224% | 1h | 152.98 | +0.109% | $732K | $3.9M | 10x | as long as short |
| Nado SPCX-PERP | +0.0231% | 1h | 152.80 | −0.006% | $603K | $852K | 20x | as long as short |
| Bullet SPCX-USDshort | +0.0251% | 1h | 152.95 | +0.092% | $11K | $188K | 10x | |
| tradeXYZ xyz:SPCX | +0.0252% | 1h | 152.96 | +0.098% | $143.1M | $119.4M | 20x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 152.93 | +0.079% | $445K | $271K | 15x | as long as short |
| Bitget SPCXUSDT | +0.0320% | 8h | 153.01 | +0.131% | $31.2M | $66.3M | 75x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0328% | 1h | 152.96 | +0.098% | $733K | $981K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0346% | 8h | 153.06 | +0.165% | $19.0M | $18.3M | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0404% | 1h | 152.92 | +0.072% | $71K | $1.1M | 10x | as long as short |
| RISEx SPCX/USDC | +0.0409% | 1h | 153.03 | +0.141% | $401K | $535K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0823% | 4h | 152.93 | +0.079% | $1.7M | $893K | 20x | as long as short |
Lighter SPCX
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
QFEX SPCX-USD
Polymarket Perps SPCX-USD
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
BloFin SPCX-USDT
Aevo SPCX-PERP
Bybit SPCXUSDT
Arcus SPCX-USD
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
Nado SPCX-PERP
tradeXYZ xyz:SPCX
Phoenix SPCX
Bitget SPCXUSDT
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
Deribit SPCX_USDC-PERPETUAL
RISEx SPCX/USDC
edgeX SPCXUSDC