SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.50 per $10,000 · paid last 24h −0.015%

Price spread now: HTX against Phemex+0.072%7-day average +0.063% · you sell dearer than you buy

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$490.488% of the position

Long on Phemex Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.030%+$3 on $10k

Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.072%, 7d avg +0.063%

Together, before fees+0.033%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.063%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex SPCXUSDT	152.50	0.0050	pay 0.0050% / 8h	4h 49m	$531K	$378K	50x
Short	HTX SPCX-USDT	152.61	0	get 0.0000% / 8h	4h 49m	$1.3M	$1.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Phemex. 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 PhemexbpFee HTXbpOrdersPrice spread, now +0.072%Rate

Funding earned: −$10.5
Price spread: +0.072% → +0.063%: $0.95
Slippage, 4 orders: −$24.84
Fee Phemex: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$58.4
Costs to cover: 0.488%
Break-even: never at this rate

Slippage from Phemex: live order book, 56 min ago; HTX: 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 Phemex live order book, 56 min ago	1.97 bp	13.0 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 3 min ago	0.98 bp	11.3 bp −$11	13.0 bp −$130	18.7 bp −$1,866	doesn't fit

SPCX on 38 exchanges

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	152.43	−0.049%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0071%	8h	152.53	+0.020%	$2.0M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.52	+0.013%	$30.1M	$42.4M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.51	+0.007%	$96.3M	$30.5M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.55	+0.033%	$31.1M	$66.6M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.67	+0.111%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.73	+0.151%	$8K	$809K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.43	−0.046%	$42K	$1.4M	10x	as long as short
HTX SPCX-USDTshort	0.0000%	8h	152.61	+0.072%	$1.3M	$1.7M	75x
Variational Omni SPCX	+0.0011%	8h	152.60	+0.069%	$5.9M	$2.7M	—	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0021%	1h	152.53	+0.018%	$7K	$7K	10x	as long as short
QFEX SPCX-USD	+0.0029%	1h	152.51	+0.007%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.45	−0.033%	$1.5M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.41	−0.059%	$2.5M	$7.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	+0.184%	$9K	$28K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.50	0.000%	$102K	$293K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.51	+0.007%	—	$1.2M	10x	as long as short
Extended SPCX-USD	+0.0048%	1h	152.49	−0.007%	$700K	$5.3M	10x	as long as short
Binance SPCXUSDT	+0.0050%	8h	152.54	+0.026%	$252.0M	$1.37B	75x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.46	−0.026%	$128.1M	$129.4M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.54	+0.026%	$1.7M	$56K	20x	as long as short
Phemex SPCXUSDTlong	+0.0050%	8h	152.50	long leg	$531K	$378K	50x
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.53	+0.020%	$3.1M	$2.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0051%	8h	152.51	+0.008%	$101	—	5x	as long as short
OKX SPCX-USDT-SWAP	+0.0086%	8h	152.55	+0.033%	$39.8M	$167.6M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.44	−0.039%	$169K	$114K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.47	−0.020%	$13.0M	$6.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.63	+0.085%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.58	+0.052%	$14K	$7K	10x	as long as short
RISEx SPCX/USDC	+0.0104%	1h	152.60	+0.066%	$351K	$481K	20x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.52	+0.013%	$88	—	10x	as long as short
Polymarket Perps SPCX-USD	+0.0139%	1h	152.56	+0.039%	$483K	$1.0M	10x	as long as short
Nado SPCX-PERP	+0.0176%	1h	152.42	−0.055%	$629K	$811K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.54	+0.026%	$732K	$1.1M	10x	as long as short
edgeX SPCXUSDC	+0.0194%	4h	152.60	+0.063%	$1.7M	$890K	20x	as long as short
Bullet SPCX-USD	+0.0200%	1h	152.54	+0.026%	$11K	$190K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.54	+0.026%	$449K	$272K	15x	as long as short
Aster SPCXUSD1	+0.0422%	8h	152.67	+0.111%	$19.0M	$30.5M	20x	as long as short