SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0215%/8h= +23.5% APRnext payment +$0.27 per $10,000 · paid last 24h +0.024%

Price spread now: RISEx against Arcus+0.053%7-day average +0.104% · 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−$28as in the Price arb table

costs, in and out, $10k−$230.229% of the position

Long on Arcus Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.031%+$3 on $10k

Price spread, last 4 days (all we have)+0.053%+$5 · spread now +0.053%, 7d avg +0.104%

Together, before fees+0.084%+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.050% cheaper against Arcus than usual: you would sell low and buy high (spread +0.053% now, against its 7-day average of +0.104%). If the spread goes back, that is −$5 on $10k: about 19 hours of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.031% in total) that is about 5.5 days.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.031% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SPCX-USD	153.03	0.0194	pay 0.0024% / 1h	45m 34s	$105K	$297K	5x
Short	RISEx SPCX/USDC	153.11	0.0409	get 0.0051% / 1h	45m 34s	$401K	$535K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Arcus. 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 ArcusbpFee RISExbpOrdersPrice spread, now +0.053%Rate

Funding earned: $45.16
Price spread: +0.053% → +0.104%: −$5.03
Slippage, 4 orders: −$12.43
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee RISEx: 3 bp × 2 orders: −$6
Net: $17.2
Costs to cover: 0.229%
Break-even: 4.3 days

Slippage from Arcus: live order book, 28 min ago; RISEx: live order book, 28 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 Arcus live order book, 28 min ago	5.24 bp	7.5 bp −$7	11.8 bp −$118	doesn't fit	doesn't fit
Sell RISEx live order book, 28 min ago	0.98 bp	4.0 bp −$4	5.7 bp −$57	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 −0.0298% / S +0.0506%	1h	153.06	+0.023%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.07	+0.026%	$96.6M	$31.1M	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	152.94	−0.059%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.35	+0.209%	$8K	$962K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.10	+0.046%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.99	−0.025%	$8K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	153.04	+0.007%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.01	−0.013%	$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

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SPCX-USD-PERP	+0.0046%	1h	153.09	+0.039%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.07	+0.026%	$1.7M	$81K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.10	+0.046%	$534K	$415K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.89	−0.091%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.06	+0.020%	$1.2M	$7.5M	10x	as long as short
BloFin SPCX-USDT	+0.0094%	8h	153.11	+0.052%	$1.9M	$1.4M	75x	as long as short
Polymarket Perps SPCX-USD	+0.0099%	1h	153.06	+0.020%	$490K	$1.1M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.99	−0.026%	$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	153.16	+0.085%	$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
Paradex SPCX-USD-PERP	+0.0101%	8h	153.10	+0.045%	$101	—	5x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.08	+0.034%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0187%	8h	153.13	+0.065%	$30.8M	$42.8M	100x	as long as short
Arcus SPCX-USDlong	+0.0194%	1h	153.03	long leg	$105K	$297K	5x
Nado SPCX-PERP	+0.0195%	1h	152.99	−0.025%	$602K	$863K	20x	as long as short
Variational Omni SPCX	+0.0199%	8h	153.08	+0.034%	$6.0M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0206%	8h	153.11	+0.052%	$39.1M	$169.3M	75x	as long as short
Extended SPCX-USD	+0.0216%	1h	153.06	+0.019%	$732K	$3.7M	10x	as long as short
Binance SPCXUSDT	+0.0217%	8h	153.09	+0.039%	$252.7M	$1.38B	75x	as long as short
tradeXYZ xyz:SPCX	+0.0281%	1h	153.06	+0.020%	$143.4M	$119.2M	20x	as long as short
Bullet SPCX-USD	+0.0305%	1h	153.09	+0.040%	$12K	$187K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.06	+0.020%	$445K	$271K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.14	+0.072%	$734K	$971K	10x	as long as short
Aster SPCXUSD1	+0.0332%	8h	153.06	+0.017%	$19.0M	$19.7M	20x	as long as short
Bitget SPCXUSDT	+0.0350%	8h	153.13	+0.065%	$31.3M	$66.6M	75x	as long as short
RISEx SPCX/USDCshort	+0.0409%	1h	153.11	+0.053%	$401K	$535K	20x
Deribit SPCX_USDC-PERPETUAL	+0.0469%	1h	153.08	+0.033%	$71K	$1.0M	10x	as long as short
edgeX SPCXUSDC	+0.0529%	4h	153.08	+0.030%	$1.7M	$893K	20x	as long as short