Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.013%
Price spread now: Arcus against Ondo Perps+0.059%7-day average −0.001% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.059%, 7d avg −0.001%
=Together, before fees−0.052%+ Points / potential airdropOndo Perps: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.060% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of −0.001%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 20 days. At the pace of the last 4 days (−0.005% in total) that is about 42 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SPCX-USD.P | 152.15 | 0.0050 | pay 0.0006% / 1h | 9m 41s | $3.2M | $2.2M | 10x |
| Short | Arcus SPCX-USD | 152.24 | 0.0040 | get 0.0005% / 1h | 9m 41s | $102K | $298K | 5x |
Ondo Perps SPCX-USD.P
Arcus SPCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Ondo Perps. 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
- −$2.13
- Price spread: +0.059% → −0.001%
- $6.01
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$5.61
- Costs to cover
- 0.095%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Arcus: live order book, 29 min ago. Net counts fees only.
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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 29 min ago | 6.90 bp | 10.8 bp −$11 | 13.9 bp −$139 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 152.24 | +0.056% | $90K | — | 20x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.34 | +0.125% | $30.5M | $42.8M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.31 | +0.105% | $96.3M | $32.0M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.33 | +0.118% | $31.2M | $66.2M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.392% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.34 | +0.125% | $300K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.57 | +0.276% | $8K | $888K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.35 | +0.131% | $1.3M | $1.8M | 75x | as long as short |
| BloFin SPCX-USDT | +0.0004% | 8h | 152.30 | +0.099% | $1.9M | $1.2M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0023% | 1h | 152.26 | +0.074% | $7K | $8K | 10x | as long as short |
GMX SPCX/USD [ETH-USDC]
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
BloFin SPCX-USDT
Aftermath Perps SPCXUSDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0032% | 1h | 152.27 | +0.079% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.26 | +0.072% | $2.5M | $7.3M | 20x | as long as short |
| Arcus SPCX-USDshort | +0.0040% | 1h | 152.24 | +0.059% | $102K | $298K | 5x | |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.32 | +0.112% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.23 | +0.053% | $129.7M | $129.3M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.28 | +0.085% | $488K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.28 | +0.085% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.29 | +0.092% | $529K | $371K | 50x | as long as short |
| Ondo Perps SPCX-USD.Plong | +0.0050% | 1h | 152.15 | long leg | $3.2M | $2.2M | 10x | |
| QFEX SPCX-USD | +0.0070% | 1h | 152.28 | +0.085% | $1.2M | $5.4M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0075% | 8h | 152.30 | +0.100% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.22 | +0.046% | $168K | $119K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.17 | +0.013% | $13.0M | $5.6M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.37 | +0.145% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.32 | +0.112% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.31 | +0.106% | $88 | — | 10x | as long as short |
| Variational Omni SPCX | +0.0111% | 8h | 152.30 | +0.096% | $5.9M | $2.8M | — | as long as short |
| Extended SPCX-USD | +0.0120% | 1h | 152.28 | +0.088% | $724K | $5.3M | 10x | as long as short |
| Binance SPCXUSDT | +0.0123% | 8h | 152.33 | +0.118% | $253.2M | $1.36B | 75x | as long as short |
| Bullet SPCX-USD | +0.0124% | 1h | 152.32 | +0.115% | $11K | $192K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0138% | 8h | 152.34 | +0.125% | $39.7M | $166.7M | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0144% | 1h | 152.29 | +0.092% | $89K | $1.4M | 10x | as long as short |
| Nado SPCX-PERP | +0.0155% | 1h | 152.22 | +0.047% | $631K | $804K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0240% | 1h | 152.34 | +0.125% | $728K | $930K | 10x | as long as short |
| edgeX SPCXUSDC | +0.0365% | 4h | 152.32 | +0.109% | $1.7M | $891K | 20x | as long as short |
| Phoenix SPCX | +0.0368% | 1h | 152.32 | +0.112% | $444K | $266K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0391% | 8h | 152.42 | +0.179% | $18.9M | $30.2M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.58 | +0.283% | $9K | $28K | 5.5x | as long as short |
| RISEx SPCX/USDC | +0.0445% | 1h | 152.35 | +0.135% | $381K | $505K | 20x | as long as short |
Lighter SPCX
Lighter RH SPCX
Vest SPCX-USD-PERP
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
QFEX SPCX-USD
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Variational Omni SPCX
Extended SPCX-USD
Binance SPCXUSDT
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Deribit SPCX_USDC-PERPETUAL
Nado SPCX-PERP
Coinbase International SPCX-PERP-INTX
edgeX SPCXUSDC
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
RISEx SPCX/USDC