SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0164%/8h= −17.9% APRnext payment −$0.20 per $10,000 · paid last 24h −0.053%

Price spread now: Vest against Phoenix−0.013%58s7-day average −0.099% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.059%−$6 on $10k

Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.013%, 7d avg −0.099%

Together, before fees−0.021%+ Points / potential airdropVest: Active · farm board−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Vest is 0.086% dearer against Phoenix than usual: you sell high and buy low (spread −0.013% now, against its 7-day average of −0.099%): +$9 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 4 days (−0.059% in total) that is about 5.3 days. The two prices were read 58 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	152.59	0.0209	pay 0.0026% / 1h	16m 19s	$448K	$271K	15x
Short	Vest SPCX-USD-PERP	152.57	0.0046	get 0.0006% / 1h	16m 19s	—	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 PhoenixbpFee VestbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$34.39
Price spread: −0.013% → −0.099%: $8.62
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Vest: 1 bp × 2 orders: −$2
Net: −$34.77
Costs to cover: 0.090%
Break-even: never at this rate

Slippage unknown: Phoenix: live order book, 34 min ago; Vest: 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, 34 min ago	0.33 bp	7.7 bp −$8	27.6 bp −$276	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 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	152.50	−0.062%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0059%	8h	152.58	−0.007%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.66	+0.046%	$30.3M	$43.4M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.62	+0.020%	$96.1M	$32.5M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.70	+0.072%	$31.0M	$66.9M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.58	−0.007%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.89	+0.197%	$8K	$827K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.67	+0.052%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0020%	1h	152.58	−0.004%	$7K	$7K	10x	as long as short
QFEX SPCX-USD	+0.0031%	1h	152.60	+0.007%	$1.2M	$5.4M	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0032%	1h	152.59	0.000%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.57	−0.013%	$2.5M	$7.3M	20x	as long as short
Variational Omni SPCX	+0.0037%	8h	152.54	−0.030%	$5.9M	$2.7M	—	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.54	−0.033%	$103K	$295K	5x	as long as short
Vest SPCX-USD-PERPshort	+0.0046%	1h	152.57	−0.013%	—	$1.3M	10x
tradeXYZ xyz:SPCX	+0.0050%	1h	152.55	−0.026%	$128.8M	$129.1M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.62	+0.020%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.62	+0.020%	$1.7M	$102K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.62	+0.020%	$532K	$363K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.46	−0.085%	$3.1M	$2.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0051%	8h	152.59	−0.001%	$101	—	5x	as long as short
Binance SPCXUSDT	+0.0061%	8h	152.65	+0.038%	$252.1M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0064%	1h	152.60	+0.008%	$726K	$5.4M	10x	as long as short
RISEx SPCX/USDC	+0.0068%	1h	152.63	+0.025%	$351K	$518K	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0091%	8h	152.68	+0.059%	$39.4M	$168.6M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.51	−0.052%	$169K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.50	−0.059%	$13.0M	$6.0M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.46	−0.085%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.63	+0.026%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.59	−0.002%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0106%	1h	152.67	+0.052%	$11K	$191K	10x	as long as short
Nado SPCX-PERP	+0.0121%	1h	152.50	−0.058%	$633K	$805K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0143%	1h	152.60	+0.007%	$50K	$1.4M	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0184%	1h	152.48	−0.072%	$687K	$1.0M	10x	as long as short
Phoenix SPCXlong	+0.0209%	1h	152.59	long leg	$448K	$271K	15x
edgeX SPCXUSDC	+0.0287%	4h	152.55	−0.028%	$1.7M	$890K	20x	as long as short
Aster SPCXUSD1	+0.0384%	8h	152.76	+0.109%	$19.0M	$30.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.78	+0.125%	$9K	$28K	5.5x	as long as short