Funding you earn now, next payment 16:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Phemex against SunX−0.170%7-day average −0.120% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.170%, 7d avg −0.120%
=Funding pays, the price is against you. Phemex is 0.050% cheaper against SunX than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of −0.120%). If the spread goes back, that is −$5 on $10k: about 3.3 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SPCX-USDT | 152.97 | 0 | get 0.0000% / 8h | 7h 01m | $8K | $841K | 10x |
| Short | Phemex SPCXUSDT | 152.71 | 0.0050 | get 0.0050% / 8h | 7h 01m | $531K | $363K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against SunX. 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
- $10.5
- Price spread: −0.170% → −0.120%
- −$4.98
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$14.48
- Costs to cover
- 0.200%
- Break-even
- 16.7 days
Slippage unknown: SunX: live order book, 41 min ago; Phemex: live order book, 31 min ago. Net counts fees only.
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, 41 min ago | 272.13 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phemex live order book, 31 min ago | 0.33 bp | 13.7 bp −$14 | doesn't fit | 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 −0.0187% / S +0.0435% | 1h | 152.71 | −0.173% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0018% | 8h | 152.67 | −0.196% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.80 | −0.111% | $30.5M | $43.2M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.77 | −0.131% | $96.1M | $32.8M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.83 | −0.092% | $31.1M | $66.7M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.65 | −0.209% | $300K | $2.6M | 20x | as long as short |
| SunX SPCX-USDTlong | 0.0000% | 8h | 152.97 | long leg | $8K | $841K | 10x | |
| HTX SPCX-USDT | 0.0000% | 8h | 152.74 | −0.150% | $1.3M | $1.7M | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0012% | 1h | 152.72 | −0.163% | $82K | $1.4M | 10x | as long as short |
| Aftermath Perps SPCXUSD | +0.0015% | 1h | 152.60 | −0.242% | $7K | $7K | 10x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0032% | 1h | 152.75 | −0.144% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.75 | −0.144% | $2.5M | $7.3M | 20x | as long as short |
| QFEX SPCX-USD | +0.0035% | 1h | 152.68 | −0.190% | $1.2M | $5.4M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.73 | −0.157% | $103K | $295K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.73 | −0.157% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.74 | −0.150% | $129.8M | $130.2M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.74 | −0.150% | $489K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.72 | −0.163% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDTshort | +0.0050% | 8h | 152.71 | −0.170% | $531K | $363K | 50x | |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.57 | −0.261% | $3.1M | $2.2M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0057% | 8h | 152.80 | −0.108% | $101 | — | 5x | as long as short |
| Variational Omni SPCX | +0.0088% | 8h | 152.69 | −0.183% | $5.9M | $2.7M | — | as long as short |
| Nado SPCX-PERP | +0.0094% | 1h | 152.65 | −0.209% | $633K | $808K | 20x | as long as short |
| Bullet SPCX-USD | +0.0096% | 1h | 152.75 | −0.144% | $11K | $191K | 10x | as long as short |
| Extended SPCX-USD | +0.0096% | 1h | 152.76 | −0.137% | $723K | $5.4M | 10x | as long as short |
| Binance SPCXUSDT | +0.0098% | 8h | 152.80 | −0.109% | $253.0M | $1.37B | 75x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.75 | −0.144% | $169K | $117K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.68 | −0.190% | $13.0M | $5.9M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.70 | −0.177% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.74 | −0.150% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.70 | −0.176% | $89 | — | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0107% | 8h | 152.84 | −0.085% | $39.4M | $168.7M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0190% | 1h | 152.69 | −0.180% | $382K | $507K | 20x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.68 | −0.190% | $448K | $268K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0280% | 1h | 152.67 | −0.196% | $687K | $1.0M | 10x | as long as short |
| Aster SPCXUSD1 | +0.0398% | 8h | 152.92 | −0.033% | $19.0M | $30.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.78 | −0.124% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0726% | 4h | 152.71 | −0.168% | $1.7M | $890K | 20x | as long as short |
SunX SPCX-USDT
Phemex SPCXUSDT
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
StandX SPCX-USD
HTX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Paradex SPCX-USD-PERP
Variational Omni SPCX
Bullet SPCX-USD
Extended SPCX-USD
Binance SPCXUSDT
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
OKX SPCX-USDT-SWAP
RISEx SPCX/USDC
Phoenix SPCX
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC