SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0147%/8h= +16.1% APRnext payment +$0.18 per $10,000 · paid last 24h −0.037%

Price spread now: tradeXYZ against Deribit+0.026%7-day average −0.053% · 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−$27as in the Price arb table

costs, in and out, $10k−$350.348% of the position

Long on Deribit Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.115%−$12 on $10k

Price spread, last 3 days (all we have)−0.022%−$2 · spread now +0.026%, 7d avg −0.053%

Together, before fees−0.138%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and tradeXYZ is 0.079% dearer against Deribit than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.053%. Mind the row above: over the last 5 days funding on this pair cost −0.115%, 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	Deribit SPCX_USDC-PERPETUAL	152.99	0.0012	pay 0.0001% / 1h	58m 52s	$72K	$1.1M	10x
Short	tradeXYZ xyz:SPCX	153.03	0.0158	get 0.0020% / 1h	58m 52s	$142.7M	$119.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Deribit. 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 DeribitbpFee tradeXYZbpOrdersPrice spread, now +0.026%Rate

Funding earned: $30.85
Price spread: +0.026% → −0.053%: $7.9
Slippage, 4 orders: −$9.83
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $3.92
Costs to cover: 0.348%
Break-even: 6.1 days

Slippage from Deribit: live order book, 5 min ago; tradeXYZ: live order book, 11 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 Deribit live order book, 5 min ago	3.92 bp	7.4 bp −$7	10.9 bp −$109	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 11 min ago	0.33 bp	9.3 bp −$9	9.5 bp −$95	12.8 bp −$1,285	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 −0.0332% / S +0.0531%	1h	153.03	+0.023%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.03	+0.026%	$96.3M	$31.1M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.769%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.94	−0.033%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.34	+0.229%	$8K	$950K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.03	+0.026%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUALlong	+0.0012%	1h	152.99	long leg	$72K	$1.1M	10x
Aftermath Perps SPCXUSD	+0.0025%	1h	153.01	+0.015%	$8K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.98	−0.007%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.99	0.000%	$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	+2.784%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.05	+0.039%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	153.02	+0.020%	$1.2M	$7.1M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.03	+0.026%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.03	+0.026%	$1.7M	$87K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.06	+0.046%	$534K	$404K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.92	−0.046%	$3.2M	$2.6M	10x	as long as short
Bullet SPCX-USD	+0.0076%	1h	153.06	+0.045%	$11K	$189K	10x	as long as short
Paradex SPCX-USD-PERP	+0.0088%	8h	153.05	+0.042%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.95	−0.026%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.95	−0.026%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.94	−0.033%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.09	+0.065%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.05	+0.038%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0118%	8h	153.06	+0.046%	$30.8M	$42.8M	100x	as long as short
BloFin SPCX-USDT	+0.0121%	8h	153.09	+0.065%	$1.9M	$1.4M	75x	as long as short
tradeXYZ xyz:SPCXshort	+0.0158%	1h	153.03	+0.026%	$142.7M	$119.5M	20x
Arcus SPCX-USD	+0.0194%	1h	153.00	+0.007%	$105K	$297K	5x	as long as short
OKX SPCX-USDT-SWAP	+0.0212%	8h	153.07	+0.052%	$39.3M	$168.7M	75x	as long as short
Variational Omni SPCX	+0.0226%	8h	153.02	+0.018%	$6.0M	$3.5M	—	as long as short
Nado SPCX-PERP	+0.0233%	1h	152.97	−0.014%	$620K	$849K	20x	as long as short
Binance SPCXUSDT	+0.0240%	8h	153.03	+0.026%	$252.6M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0240%	1h	153.02	+0.018%	$734K	$3.8M	10x	as long as short
Bitget SPCXUSDT	+0.0274%	8h	153.09	+0.065%	$31.7M	$66.5M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	153.14	+0.098%	$728K	$986K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.06	+0.046%	$445K	$270K	15x	as long as short
Aster SPCXUSD1	+0.0390%	8h	153.14	+0.101%	$19.0M	$18.0M	20x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.09	+0.069%	$401K	$535K	20x	as long as short
edgeX SPCXUSDC	+0.0877%	4h	153.03	+0.029%	$1.7M	$894K	20x	as long as short