Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.015%
Price spread now: Orderly against Phemex+0.007%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), 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 | 3h 13m | $531K | $391K | 50x |
| Short | Orderly PERP_SPCX_USDC_mythos | 152.51 | 0.0100 | get 0.0100% / 8h | 3h 13m | $14K | $7K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Phemex. 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
- $10.5
- Price spread: +0.007% → 0.000%
- $0.66
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$6.84
- Costs to cover
- 0.180%
- Break-even
- 11.6 days
Slippage unknown: Phemex: live order book, 39 min ago; Orderly: no order-book sample. 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 Phemex live order book, 39 min ago | 1.63 bp | 24.4 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 −0.0265% / S +0.0494% | 1h | 152.38 | −0.075% | $90K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.50 | 0.000% | $96.3M | $31.6M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.55 | +0.033% | $31.3M | $65.9M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.134% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.55 | +0.033% | $300K | $2.9M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.71 | +0.138% | $8K | $919K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.58 | +0.052% | $1.3M | $1.8M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0014% | 8h | 152.53 | +0.020% | $30.6M | $42.7M | 100x | as long as short |
| BloFin SPCX-USDT | +0.0023% | 8h | 152.54 | +0.026% | $1.9M | $1.3M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0029% | 1h | 152.38 | −0.077% | $7K | $8K | 10x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SPCX | +0.0032% | 1h | 152.42 | −0.052% | $2.5M | $7.4M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.39 | −0.072% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.49 | −0.007% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.44 | −0.039% | $493K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.47 | −0.020% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDTlong | +0.0050% | 8h | 152.50 | long leg | $531K | $391K | 50x | |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.34 | −0.105% | $3.2M | $2.4M | 10x | as long as short |
| QFEX SPCX-USD | +0.0050% | 1h | 152.47 | −0.020% | $1.2M | $5.7M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0057% | 8h | 152.51 | +0.010% | $101 | — | 5x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0078% | 1h | 152.44 | −0.039% | $86K | $1.2M | 10x | as long as short |
| Lighter SPCX | +0.0080% | 1h | 152.45 | −0.033% | $1.6M | $7.4M | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.39 | −0.072% | $169K | $120K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.34 | −0.105% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.37 | −0.085% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythosshort | +0.0100% | 8h | 152.51 | +0.007% | $14K | $7K | 10x | |
| tradeXYZ xyz:SPCX | +0.0102% | 1h | 152.39 | −0.072% | $131.1M | $128.4M | 20x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.48 | −0.014% | $88 | — | 10x | as long as short |
| Variational Omni SPCX | +0.0134% | 8h | 152.48 | −0.014% | $6.0M | $2.9M | — | as long as short |
| Binance SPCXUSDT | +0.0142% | 8h | 152.52 | +0.011% | $250.5M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0144% | 1h | 152.47 | −0.022% | $731K | $4.9M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0146% | 8h | 152.54 | +0.026% | $39.4M | $166.4M | 75x | as long as short |
| Nado SPCX-PERP | +0.0201% | 1h | 152.43 | −0.045% | $613K | $802K | 20x | as long as short |
| Bullet SPCX-USD | +0.0210% | 1h | 152.50 | +0.002% | $11K | $192K | 10x | as long as short |
| RISEx SPCX/USDC | +0.0217% | 1h | 152.52 | +0.013% | $408K | $517K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0248% | 1h | 152.44 | −0.039% | $739K | $931K | 10x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 152.37 | −0.085% | $443K | $264K | 15x | as long as short |
| edgeX SPCXUSDC | +0.0370% | 4h | 152.46 | −0.028% | $1.7M | $893K | 20x | as long as short |
| Aster SPCXUSD1 | +0.0417% | 8h | 152.57 | +0.047% | $18.9M | $24.0M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.19 | +0.452% | $9K | $28K | 5.5x | as long as short |
Phemex SPCXUSDT
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Bybit SPCXUSDT
BloFin SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Paradex SPCX-USD-PERP
Deribit SPCX_USDC-PERPETUAL
Lighter SPCX
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
tradeXYZ xyz:SPCX
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
OKX SPCX-USDT-SWAP
Bullet SPCX-USD
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
edgeX SPCXUSDC
Aster SPCXUSD1
Injective SPCX/USDC PERP