SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.06 per $10,000 · paid last 24h +0.006%

Price spread now: Bullet against tradeXYZ+0.023%7-day average +0.072% · 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−$38as in the Price arb table

costs, in and out, $10k−$330.330% of the position

Long on tradeXYZ Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.064%+$6 on $10k

Price spread, last 3 days (all we have)+0.123%+$12 · spread now +0.023%, 7d avg +0.072%

Together, before fees+0.186%+ Points / potential airdroptradeXYZ: Active · farm board+$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bullet is 0.049% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.072%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.064%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SPCX	153.02	0.0159	pay 0.0020% / 1h	58m 28s	$142.7M	$119.5M	20x
Short	Bullet SPCX-USD	153.06	0.0110	get 0.0014% / 1h	58m 28s	$11K	$189K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against tradeXYZ. 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 tradeXYZbpFee BulletbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$10.31
Price spread: +0.023% → +0.072%: −$4.86
Slippage, 4 orders: −$7.05
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$48.22
Costs to cover: 0.330%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 11 min ago; Bullet: live order book, 10 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 tradeXYZ live order book, 11 min ago	0.33 bp	10.0 bp −$10	11.3 bp −$113	doesn't fit	doesn't fit
Sell Bullet live order book, 10 min ago	0.65 bp	8.0 bp −$8	20.8 bp −$208	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 −0.0333% / S +0.0531%	1h	153.01	−0.003%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.02	0.000%	$96.4M	$31.1M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.747%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.97	−0.033%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.34	+0.209%	$8K	$950K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.03	+0.007%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0012%	1h	152.99	−0.020%	$72K	$1.1M	10x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	153.01	−0.005%	$8K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.98	−0.026%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.99	−0.020%	$2.5M	$7.2M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.764%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.00	−0.013%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.04	+0.013%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	153.01	−0.007%	$1.2M	$7.1M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.01	−0.007%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.03	+0.007%	$1.7M	$87K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.06	+0.026%	$534K	$404K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.92	−0.065%	$3.2M	$2.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0087%	8h	153.05	+0.018%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.95	−0.046%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.94	−0.052%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.94	−0.052%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.06	+0.026%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.05	+0.019%	$89	—	10x	as long as short
Bullet SPCX-USDshort	+0.0110%	1h	153.06	+0.023%	$11K	$189K	10x
Bybit SPCXUSDT	+0.0113%	8h	153.04	+0.013%	$30.8M	$42.8M	100x	as long as short
BloFin SPCX-USDT	+0.0121%	8h	153.09	+0.046%	$1.9M	$1.4M	75x	as long as short
tradeXYZ xyz:SPCXlong	+0.0159%	1h	153.02	long leg	$142.7M	$119.5M	20x
OKX SPCX-USDT-SWAP	+0.0210%	8h	153.05	+0.020%	$39.3M	$168.7M	75x	as long as short
Variational Omni SPCX	+0.0226%	8h	153.02	−0.001%	$6.0M	$3.5M	—	as long as short
Binance SPCXUSDT	+0.0240%	8h	153.05	+0.020%	$252.6M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0240%	1h	152.99	−0.018%	$734K	$3.8M	10x	as long as short
Nado SPCX-PERP	+0.0241%	1h	152.96	−0.041%	$620K	$847K	20x	as long as short
Bitget SPCXUSDT	+0.0271%	8h	153.07	+0.033%	$31.7M	$66.5M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	153.14	+0.078%	$728K	$986K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.06	+0.026%	$445K	$270K	15x	as long as short
Aster SPCXUSD1	+0.0390%	8h	153.14	+0.081%	$19.0M	$18.0M	20x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.09	+0.042%	$408K	$539K	20x	as long as short
edgeX SPCXUSDC	+0.0877%	4h	153.03	+0.010%	$1.7M	$894K	20x	as long as short