SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0110%/8h= +12.0% APRnext payment +$0.14 per $10,000 · paid last 24h +0.029%

Price spread now: Phoenix against ApeX Omni+0.007%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$400.398% of the position

Long on ApeX Omni Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days−0.114%−$11 on $10k

Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.007%, 7d avg +0.002%

Together, before fees−0.140%−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.114%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SPCXUSDT	152.54	0.0100	pay 0.0013% / 1h	51m 51s	$58K	$272K	50x
Short	Phoenix SPCX	152.55	0.0210	get 0.0026% / 1h	51m 51s	$443K	$266K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against ApeX Omni. 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 ApeX OmnibpFee PhoenixbpOrdersPrice spread, now +0.007%Rate

Funding earned: $23.01
Price spread: +0.007% → +0.002%: $0.47
Slippage, 4 orders: −$22.83
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$16.34
Costs to cover: 0.398%
Break-even: 12.0 days

Slippage from ApeX Omni: live order book, 55 min ago; Phoenix: live order book, 55 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 ApeX Omni live order book, 55 min ago	7.54 bp	13.7 bp −$14	37.1 bp −$371	doesn't fit	doesn't fit
Sell Phoenix live order book, 55 min ago	0.33 bp	6.9 bp −$7	21.1 bp −$211	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	152.51	−0.016%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0025%	8h	152.61	+0.046%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.61	+0.046%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.58	+0.026%	$96.2M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.63	+0.059%	$31.2M	$66.0M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.104%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.61	+0.046%	$300K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.84	+0.197%	$8K	$897K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.64	+0.066%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0019%	1h	152.52	−0.012%	$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	152.48	−0.039%	$2.5M	$7.2M	20x	as long as short
QFEX SPCX-USD	+0.0038%	1h	152.57	+0.020%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.54	0.000%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.55	+0.007%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.56	+0.013%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.56	+0.013%	$1.7M	$96K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.53	−0.007%	$530K	$383K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.44	−0.066%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0064%	8h	152.60	+0.038%	$101	—	5x	as long as short
RISEx SPCX/USDC	+0.0072%	1h	152.59	+0.032%	$408K	$505K	20x	as long as short
Variational Omni SPCX	+0.0073%	8h	152.63	+0.058%	$6.0M	$2.8M	—	as long as short
Lighter SPCX	+0.0080%	1h	152.50	−0.026%	$1.6M	$7.3M	20x	as long as short
tradeXYZ xyz:SPCX	+0.0085%	1h	152.52	−0.013%	$130.1M	$129.0M	20x	as long as short
Extended SPCX-USD	+0.0096%	1h	152.58	+0.024%	$732K	$4.6M	10x	as long as short
Binance SPCXUSDT	+0.0096%	8h	152.62	+0.052%	$250.1M	$1.36B	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.49	−0.033%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.48	−0.039%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDTlong	+0.0100%	1h	152.54	long leg	$58K	$272K	50x
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.60	+0.039%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.58	+0.029%	$88	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0110%	8h	152.63	+0.059%	$39.6M	$166.9M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.62	+0.052%	$726K	$932K	10x	as long as short
Nado SPCX-PERP	+0.0208%	1h	152.45	−0.058%	$613K	$801K	20x	as long as short
Phoenix SPCXshort	+0.0210%	1h	152.55	+0.007%	$443K	$266K	15x
Bullet SPCX-USD	+0.0245%	1h	152.60	+0.042%	$11K	$192K	10x	as long as short
Aster SPCXUSD1	+0.0354%	8h	152.72	+0.120%	$18.9M	$25.5M	20x	as long as short
edgeX SPCXUSDC	+0.0371%	4h	152.59	+0.030%	$1.7M	$891K	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.89	+0.229%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0537%	1h	152.56	+0.013%	$89K	$1.3M	10x	as long as short