Funding you earn now, next payment 03:00 UTC−0.0239%/8h= −26.1% APRnext payment −$0.30 per $10,000 · paid last 24h −0.041%
Price spread now: Aftermath Perps against Phoenix−0.051%63s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aftermath Perps is 0.051% cheaper against Phoenix than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SPCX | 153.10 | 0.0261 | pay 0.0033% / 1h | 39m 59s | $445K | $268K | 15x |
| Short | Aftermath Perps SPCXUSD | 153.02 | 0.0023 | get 0.0003% / 1h | 39m 59s | $8K | $8K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Phoenix. 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
- −$50.14
- Price spread: −0.051% → 0.000%
- −$5.1
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$71.24
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 17 min ago; Aftermath Perps: 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 Phoenix live order book, 17 min ago | 0.33 bp | 7.0 bp −$7 | 22.2 bp −$222 | doesn't fit | doesn't fit |
| Sell Aftermath Perps no order-book sample | — | — | — | — | — |
Aftermath 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 −0.0314% / S +0.0531% | 1h | 153.06 | −0.029% | $91K | — | 20x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 153.09 | −0.007% | $30.8M | $42.9M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.08 | −0.013% | $96.3M | $31.3M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 153.13 | +0.020% | $31.7M | $65.3M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.687% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 153.03 | −0.046% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.31 | +0.137% | $8K | $936K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 153.04 | −0.039% | $73K | $1.2M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.14 | +0.026% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSDshort | +0.0023% | 1h | 153.02 | −0.051% | $8K | $8K | 10x |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0032% | 1h | 153.07 | −0.020% | $1.6M | $7.3M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 153.01 | −0.059% | $2.5M | $7.2M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 153.02 | −0.052% | $105K | $297K | 5x | as long as short |
| BloFin SPCX-USDT | +0.0042% | 8h | 153.10 | 0.000% | $1.9M | $1.4M | 75x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.12 | +0.013% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0046% | 1h | 153.05 | −0.033% | $1.2M | $6.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.06 | −0.026% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.07 | −0.020% | $1.7M | $95K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.11 | +0.007% | $533K | $395K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.92 | −0.118% | $3.2M | $2.5M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0064% | 8h | 153.11 | +0.010% | $101 | — | 5x | as long as short |
| tradeXYZ xyz:SPCX | +0.0071% | 1h | 153.05 | −0.033% | $141.5M | $119.2M | 20x | as long as short |
| Bullet SPCX-USD | +0.0084% | 1h | 153.11 | +0.005% | $11K | $192K | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 153.00 | −0.065% | $169K | $130K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 153.00 | −0.065% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.01 | −0.059% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.10 | 0.000% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.09 | −0.005% | $89 | — | 10x | as long as short |
| Nado SPCX-PERP | +0.0133% | 1h | 153.04 | −0.041% | $617K | $824K | 20x | as long as short |
| Variational Omni SPCX | +0.0149% | 8h | 153.08 | −0.015% | $6.0M | $3.1M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0155% | 8h | 153.12 | +0.013% | $39.5M | $166.9M | 75x | as long as short |
| Extended SPCX-USD | +0.0160% | 1h | 153.05 | −0.031% | $738K | $3.8M | 10x | as long as short |
| Binance SPCXUSDT | +0.0161% | 8h | 153.10 | −0.001% | $252.2M | $1.37B | 75x | as long as short |
| RISEx SPCX/USDC | +0.0191% | 1h | 153.13 | +0.023% | $410K | $530K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.04 | −0.039% | $738K | $925K | 10x | as long as short |
| Phoenix SPCXlong | +0.0261% | 1h | 153.10 | long leg | $445K | $268K | 15x | |
| Aster SPCXUSD1 | +0.0409% | 8h | 153.16 | +0.036% | $19.0M | $19.6M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.35 | +0.163% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0913% | 4h | 153.08 | −0.012% | $1.7M | $891K | 20x | as long as short |
Phoenix SPCX
Aftermath Perps SPCXUSD
GMX SPCX/USD [ETH-USDC]
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDT
Lighter SPCX
Lighter RH SPCX
BloFin SPCX-USDT
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
tradeXYZ xyz:SPCX
Bullet SPCX-USD
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Variational Omni SPCX
OKX SPCX-USDT-SWAP
Extended SPCX-USD
Binance SPCXUSDT
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC