SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0150%/8h= +16.4% APRnext payment +$0.19 per $10,000 · paid last 24h +0.025%

Price spread now: Nado against tradeXYZ−0.015%7-day average +0.070% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$360.360% of the position

Long on tradeXYZ Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.033%+$3 on $10k

Price spread, last 7 days+0.128%+$13 · spread now −0.015%, 7d avg +0.070%

Together, before fees+0.160%+ Points / potential airdroptradeXYZ: Active · Nado: Active · farm board+$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.086% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.070%). If the spread goes back, that is −$9 on $10k: about 46 hours of funding at the current rate (+$4 a day). At the pace of the last 3 days (+0.033% in total) that is about 9.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SPCX	152.32	0.0084	pay 0.0010% / 1h	39m 16s	$129.9M	$129.0M	20x
Short	Nado SPCX-PERP	152.30	0.0234	get 0.0029% / 1h	39m 16s	$626K	$808K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.015%Rate

Funding earned: $31.48
Price spread: −0.015% → +0.070%: −$8.58
Slippage, 4 orders: −$10.98
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$13.08
Costs to cover: 0.360%
Break-even: 9.9 days

Slippage from tradeXYZ: live order book, 11 min ago; Nado: live order book, 4 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	9.3 bp −$9	9.6 bp −$96	12.3 bp −$1,233	doesn't fit
Sell Nado live order book, 4 min ago	0.33 bp	8.0 bp −$8	23.1 bp −$231	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 −0.0187% / S +0.0435%	1h	152.34	+0.016%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0018%	8h	152.45	+0.085%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.40	+0.053%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.36	+0.026%	$96.1M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.42	+0.066%	$31.2M	$66.1M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+13.262%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.38	+0.039%	$300K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.72	+0.263%	$8K	$897K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.53	+0.138%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0022%	1h	152.39	+0.048%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.35	+0.020%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0038%	1h	152.40	+0.053%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.41	+0.059%	$103K	$299K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.36	+0.026%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.38	+0.039%	$1.7M	$97K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.45	+0.085%	$531K	$382K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.27	−0.033%	$3.2M	$2.2M	10x	as long as short
RISEx SPCX/USDC	+0.0072%	1h	152.45	+0.085%	$408K	$498K	20x	as long as short
Paradex SPCX-USD-PERP	+0.0081%	8h	152.43	+0.074%	$101	—	5x	as long as short
tradeXYZ xyz:SPCXlong	+0.0084%	1h	152.32	long leg	$129.9M	$129.0M	20x
Variational Omni SPCX	+0.0085%	8h	152.43	+0.071%	$6.0M	$2.8M	—	as long as short
Polymarket Perps SPCX-USD	+0.0088%	1h	152.40	+0.053%	$487K	$1.2M	10x	as long as short
Lighter SPCX	+0.0096%	1h	152.35	+0.020%	$1.6M	$7.4M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.34	+0.013%	$169K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.32	0.000%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.44	+0.079%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.41	+0.059%	$14K	$7K	10x	as long as short
Binance SPCXUSDT	+0.0104%	8h	152.41	+0.059%	$250.5M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.37	+0.034%	$733K	$4.1M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.39	+0.043%	$88	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0117%	8h	152.41	+0.059%	$39.6M	$166.6M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.62	+0.197%	$726K	$932K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.48	+0.105%	$443K	$266K	15x	as long as short
Nado SPCX-PERPshort	+0.0234%	1h	152.30	−0.015%	$626K	$808K	20x
Bullet SPCX-USD	+0.0262%	1h	152.41	+0.059%	$11K	$192K	10x	as long as short
Aster SPCXUSD1	+0.0367%	8h	152.51	+0.125%	$18.8M	$26.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.81	+0.322%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0473%	1h	152.36	+0.026%	$89K	$1.3M	10x	as long as short
edgeX SPCXUSDC	+0.0737%	4h	152.45	+0.088%	$1.7M	$891K	20x	as long as short