SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.033%

Price spread now: Coinbase International against tradeXYZ−0.013%7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs$0as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$330.332% of the position

Long on tradeXYZ Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.330%+$33 on $10k

Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.013%, 7d avg +0.054%

Together, before fees+0.304%+ Points / potential airdroptradeXYZ: Active · farm board+$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.067% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.054%). If the spread goes back, that is −$7 on $10k: about 2.5 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SPCX	153.03	0.0237	pay 0.0030% / 1h	25m 10s	$143.1M	$119.5M	20x
Short	Coinbase International SPCX-PERP-INTX	153.01	0.0328	get 0.0041% / 1h	25m 10s	$731K	$979K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.013%Rate

Funding earned: $19.1
Price spread: −0.013% → +0.054%: −$6.72
Slippage, 4 orders: −$5.21
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$20.83
Costs to cover: 0.332%
Break-even: 14.6 days

Slippage from tradeXYZ: live order book, 5 min ago; Coinbase International: live order book, 48 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, 5 min ago	0.33 bp	9.3 bp −$9	10.0 bp −$100	15.7 bp −$1,566	doesn't fit
Sell Coinbase International live order book, 48 min ago	1.96 bp	7.3 bp −$7	9.6 bp −$96	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 −0.0315% / S +0.0519%	1h	153.03	+0.003%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.07	+0.026%	$96.4M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.735%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.93	−0.065%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.32	+0.190%	$8K	$955K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.08	+0.033%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	152.98	−0.033%	$8K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.02	−0.007%	$2.5M	$7.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.758%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.06	+0.020%	—	$1.2M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0048%	1h	153.04	+0.007%	$1.6M	$7.4M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.02	−0.007%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.07	+0.026%	$1.7M	$86K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.09	+0.039%	$534K	$414K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.94	−0.059%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.01	−0.013%	$1.2M	$7.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0098%	8h	153.08	+0.032%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.96	−0.046%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.97	−0.039%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.01	−0.013%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.10	+0.046%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.08	+0.036%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0111%	8h	153.05	+0.013%	$1.9M	$1.4M	75x	as long as short
edgeX SPCXUSDC	+0.0116%	4h	153.07	+0.026%	$1.7M	$892K	20x	as long as short
Bybit SPCXUSDT	+0.0161%	8h	153.10	+0.046%	$30.9M	$42.8M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	153.01	−0.013%	$105K	$297K	5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0208%	1h	153.04	+0.007%	$71K	$1.1M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0211%	8h	153.12	+0.059%	$39.2M	$169.1M	75x	as long as short
Variational Omni SPCX	+0.0216%	8h	153.07	+0.026%	$6.0M	$3.5M	—	as long as short
Nado SPCX-PERP	+0.0229%	1h	152.96	−0.043%	$604K	$848K	20x	as long as short
Binance SPCXUSDT	+0.0231%	8h	153.10	+0.046%	$253.2M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0232%	1h	153.05	+0.014%	$734K	$4.0M	10x	as long as short
tradeXYZ xyz:SPCXlong	+0.0237%	1h	153.03	long leg	$143.1M	$119.5M	20x
Bullet SPCX-USD	+0.0242%	1h	153.09	+0.039%	$12K	$188K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.09	+0.039%	$445K	$271K	15x	as long as short
Bitget SPCXUSDT	+0.0317%	8h	153.12	+0.059%	$31.3M	$66.4M	75x	as long as short
Coinbase International SPCX-PERP-INTXshort	+0.0328%	1h	153.01	−0.013%	$731K	$979K	10x
Aster SPCXUSD1	+0.0361%	8h	153.09	+0.039%	$19.0M	$18.3M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.08	+0.033%	$401K	$535K	20x	as long as short