SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0319%/8h= +34.9% APRnext payment +$3.19 per $10,000 · paid last 24h +0.006%

Price spread now: Bitget against SunX−0.124%7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$750.749% of the position

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.050%+$5 on $10k

Price spread, last 3 days (all we have)+0.030%+$3 · spread now −0.124%, 7d avg −0.039%

Together, before fees+0.080%+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.085% cheaper against SunX than usual: you would sell low and buy high (spread −0.124% now, against its 7-day average of −0.039%). If the spread goes back, that is −$8 on $10k: about 21 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.050% in total) that is about 12 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.19 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	SunX SPCX-USDT	152.84	0	get 0.0000% / 8h	1h 38m	$8K	$977K	10x
Short	Bitget SPCXUSDT	152.65	0.0319	get 0.0319% / 8h	1h 38m	$31.0M	$66.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now −0.124%Rate

Funding earned: $66.99
Price spread: −0.124% → −0.039%: −$8.49
Slippage, 4 orders: −$54.87
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$16.37
Costs to cover: 0.749%
Break-even: 8.7 days

Slippage from SunX: live order book, 35 min ago; Bitget: live order book, 6 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 SunX live order book, 35 min ago	21.92 bp	25.9 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 6 min ago	0.33 bp	7.2 bp −$7	9.8 bp −$98	22.3 bp −$2,231	38.0 bp −$19.0K

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 −0.0335% / S +0.0533%	1h	152.63	−0.134%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.63	−0.137%	$96.5M	$30.9M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.873%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.72	−0.079%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDTlong	0.0000%	8h	152.84	long leg	$8K	$977K	10x
HTX SPCX-USDT	0.0000%	8h	152.65	−0.124%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0023%	1h	152.58	−0.170%	$7K	$10K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.59	−0.164%	$1.6M	$7.1M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.57	−0.177%	$2.4M	$7.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.885%	$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	152.66	−0.118%	—	$1.1M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.63	−0.137%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.64	−0.131%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.62	−0.144%	$539K	$404K	50x	as long as short
Bullet SPCX-USD	+0.0050%	1h	152.65	−0.124%	$12K	$189K	10x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.50	−0.222%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0066%	1h	152.67	−0.111%	$1.2M	$7.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0074%	8h	152.65	−0.121%	$101	—	5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0078%	1h	152.63	−0.137%	$70K	$1.0M	10x	as long as short
BloFin SPCX-USDT	+0.0084%	8h	152.66	−0.118%	$1.9M	$1.4M	75x	as long as short
tradeXYZ xyz:SPCX	+0.0096%	1h	152.63	−0.137%	$129.9M	$107.4M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.56	−0.183%	$175K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.53	−0.203%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.69	−0.098%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.65	−0.124%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.66	−0.115%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0139%	8h	152.67	−0.111%	$30.7M	$42.3M	100x	as long as short
OKX SPCX-USDT-SWAP	+0.0181%	8h	152.63	−0.137%	$38.9M	$168.5M	75x	as long as short
Variational Omni SPCX	+0.0187%	8h	152.66	−0.119%	$6.0M	$3.9M	—	as long as short
Extended SPCX-USD	+0.0200%	1h	152.62	−0.142%	$715K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0204%	8h	152.64	−0.131%	$255.8M	$1.38B	75x	as long as short
Nado SPCX-PERP	+0.0211%	1h	152.58	−0.169%	$625K	$871K	20x	as long as short
Arcus SPCX-USD	+0.0227%	1h	152.58	−0.170%	$106K	$296K	5x	as long as short
Aster SPCXUSD1	+0.0246%	8h	152.70	−0.092%	$19.0M	$21.8M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	152.71	−0.085%	$741K	$947K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.63	−0.137%	$445K	$196K	15x	as long as short
Bitget SPCXUSDTshort	+0.0319%	8h	152.65	−0.124%	$31.0M	$66.5M	75x
RISEx SPCX/USDC	+0.0543%	1h	152.71	−0.085%	$402K	$541K	20x	as long as short
edgeX SPCXUSDC	+0.0971%	4h	152.66	−0.121%	$1.7M	$892K	20x	as long as short