SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.11 per $10,000 · paid last 24h −0.032%

Price spread now: SoDEX against Nado+0.037%7-day average +0.004% · 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−$46as in the Price arb table

costs, in and out, $10k−$500.499% of the position

Long on Nado Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.027%−$3 on $10k

Price spread, last 4 days (all we have)−0.089%−$9 · spread now +0.037%, 7d avg +0.004%

Together, before fees−0.116%+ Points / potential airdropNado: Active · farm board−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SoDEX is 0.034% dearer against Nado than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of +0.004%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 3 days (−0.027% in total) that is about 4.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SPCX-PERP	152.99	0.0135	pay 0.0017% / 1h	10m 45s	$617K	$818K	20x
Short	SoDEX SPCX-USD	153.05	0.0050	get 0.0006% / 1h	10m 45s	$1.7M	$95K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Nado. 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 NadobpFee SoDEXbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$17.91
Price spread: +0.037% → +0.004%: $3.38
Slippage, 4 orders: −$34.87
Fee Nado: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$64.41
Costs to cover: 0.499%
Break-even: never at this rate

Slippage from Nado: live order book, 47 min ago; SoDEX: live order book, 3 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 Nado live order book, 47 min ago	0.33 bp	7.3 bp −$7	26.0 bp −$260	doesn't fit	doesn't fit
Sell SoDEX live order book, 3 min ago	0.33 bp	17.9 bp −$18	47.4 bp −$474	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 −0.0253% / S +0.0486%	1h	153.04	+0.034%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.11	+0.077%	$30.8M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.08	+0.057%	$96.4M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.13	+0.090%	$31.7M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.770%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	153.02	+0.018%	$302K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.37	+0.247%	$7K	$940K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.12	+0.083%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0023%	1h	153.04	+0.029%	$8K	$8K	10x	as long as short
BloFin SPCX-USDT	+0.0023%	8h	153.10	+0.070%	$1.9M	$1.4M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0032%	1h	153.05	+0.037%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.02	+0.018%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.01	+0.011%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.06	+0.044%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.06	+0.044%	$1.2M	$6.0M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.04	+0.031%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USDshort	+0.0050%	1h	153.05	+0.037%	$1.7M	$95K	20x
Phemex SPCXUSDT	+0.0050%	8h	153.09	+0.064%	$533K	$392K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.96	−0.021%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0061%	8h	153.11	+0.074%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.98	−0.008%	$169K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.01	+0.011%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.01	+0.011%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.09	+0.064%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.08	+0.057%	$89	—	10x	as long as short
tradeXYZ xyz:SPCX	+0.0110%	1h	153.05	+0.037%	$141.4M	$119.0M	20x	as long as short
Bullet SPCX-USD	+0.0118%	1h	153.10	+0.069%	$11K	$191K	10x	as long as short
Variational Omni SPCX	+0.0129%	8h	153.07	+0.048%	$6.0M	$3.0M	—	as long as short
Nado SPCX-PERPlong	+0.0135%	1h	152.99	long leg	$617K	$818K	20x
Binance SPCXUSDT	+0.0143%	8h	153.11	+0.077%	$248.3M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	153.06	+0.045%	$734K	$3.8M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0146%	8h	153.12	+0.083%	$39.5M	$166.7M	75x	as long as short
RISEx SPCX/USDC	+0.0191%	1h	153.12	+0.082%	$410K	$530K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0208%	1h	153.03	+0.024%	$78K	$1.2M	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.10	+0.070%	$738K	$926K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.09	+0.064%	$445K	$268K	15x	as long as short
Aster SPCXUSD1	+0.0406%	8h	153.18	+0.122%	$19.0M	$21.3M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.50	+0.331%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0733%	4h	153.08	+0.056%	$1.7M	$894K	20x	as long as short