Funding you earn now, next payment 03:00 UTC−0.0027%/8h= −2.9% APRnext payment −$0.03 per $10,000 · paid last 24h −0.024%
Price spread now: tradeXYZ against Nado+0.046%7-day average −0.073% · 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−$24as in the Price arb table
costs, in and out, $10k−$360.359% of the position
Funding, last 3 days (all we have)−0.030%−$3 on $10k
+Price spread, last 7 days−0.159%−$16 · spread now +0.046%, 7d avg −0.073%
=Together, before fees−0.188%+ Points / potential airdropNado: Active · tradeXYZ: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.119% dearer against Nado than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of −0.073%): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado SPCX-PERP | 152.89 | 0.0215 | pay 0.0027% / 1h | 23m 37s | $622K | $830K | 20x |
| Short | tradeXYZ xyz:SPCX | 152.96 | 0.0189 | get 0.0024% / 1h | 23m 37s | $142.0M | $119.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.59
- Price spread: +0.046% → −0.073%
- $11.91
- Slippage, 4 orders
- −$10.94
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$29.61
- Costs to cover
- 0.359%
- Break-even
- never at this rate
Slippage from Nado: live order book, 40 min ago; tradeXYZ: live order book, 5 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, 40 min ago | 0.33 bp | 7.5 bp −$7 | 49.3 bp −$493 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.33 bp | 9.9 bp −$10 | 10.5 bp −$105 | 12.6 bp −$1,264 | 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 −0.0333% / S +0.0531% | 1h | 152.96 | +0.043% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.97 | +0.053% | $96.1M | $31.3M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 153.04 | +0.099% | $31.7M | $65.6M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.843% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.91 | +0.013% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.22 | +0.216% | $8K | $939K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.01 | +0.079% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0027% | 1h | 152.97 | +0.053% | $8K | $8K | 10x | as long as short |
| Bybit SPCXUSDT | +0.0028% | 8h | 153.01 | +0.079% | $30.8M | $42.8M | 100x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.93 | +0.027% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus SPCX-USD | +0.0040% | 1h | 152.92 | +0.020% | $105K | $297K | 5x | as long as short |
| edgeX SPCXUSDC | +0.0041% | 4h | 152.97 | +0.055% | $1.7M | $891K | 20x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.96 | +0.046% | — | $1.2M | 10x | as long as short |
| Lighter SPCX | +0.0048% | 1h | 152.96 | +0.046% | $1.6M | $7.2M | 20x | as long as short |
| QFEX SPCX-USD | +0.0048% | 1h | 152.98 | +0.059% | $1.2M | $6.5M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.96 | +0.046% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.97 | +0.053% | $1.7M | $93K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.97 | +0.053% | $534K | $400K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.83 | −0.039% | $3.2M | $2.5M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0066% | 8h | 153.00 | +0.072% | $1.9M | $1.4M | 75x | as long as short |
| Paradex SPCX-USD-PERP | +0.0073% | 8h | 153.03 | +0.093% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.91 | +0.013% | $169K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.87 | −0.013% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.93 | +0.027% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.03 | +0.092% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.99 | +0.065% | $89 | — | 10x | as long as short |
| Bullet SPCX-USD | +0.0158% | 1h | 153.00 | +0.069% | $11K | $190K | 10x | as long as short |
| Variational Omni SPCX | +0.0171% | 8h | 152.97 | +0.055% | $6.0M | $3.1M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0176% | 8h | 152.99 | +0.066% | $39.5M | $167.6M | 75x | as long as short |
| Extended SPCX-USD | +0.0184% | 1h | 152.97 | +0.053% | $734K | $3.8M | 10x | as long as short |
| Binance SPCXUSDT | +0.0184% | 8h | 153.00 | +0.075% | $252.4M | $1.37B | 75x | as long as short |
| tradeXYZ xyz:SPCXshort | +0.0189% | 1h | 152.96 | +0.046% | $142.0M | $119.2M | 20x | |
| RISEx SPCX/USDC | +0.0199% | 1h | 153.05 | +0.107% | $408K | $549K | 20x | as long as short |
| Nado SPCX-PERPlong | +0.0215% | 1h | 152.89 | long leg | $622K | $830K | 20x | |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.01 | +0.079% | $738K | $980K | 10x | as long as short |
| Phoenix SPCX | +0.0262% | 1h | 153.02 | +0.085% | $445K | $267K | 15x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0273% | 1h | 152.95 | +0.040% | $73K | $1.2M | 10x | as long as short |
| Aster SPCXUSD1 | +0.0408% | 8h | 153.09 | +0.129% | $19.0M | $17.2M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.28 | +0.255% | $9K | $27K | 5.5x | as long as short |
tradeXYZ xyz:SPCX
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Bybit SPCXUSDT
Lighter RH SPCX
edgeX SPCXUSDC
Lighter SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
BloFin SPCX-USDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Bullet SPCX-USD
Variational Omni SPCX
OKX SPCX-USDT-SWAP
Extended SPCX-USD
Binance SPCXUSDT
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Deribit SPCX_USDC-PERPETUAL
Aster SPCXUSD1
Injective SPCX/USDC PERP