SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h +0.043%

Price spread now: Nado against QFEX−0.017%7-day average +0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$280.283% of the position

Long on QFEX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.074%+$7 on $10k

Price spread, last 7 days+0.027%+$3 · spread now −0.017%, 7d avg +0.024%

Together, before fees+0.100%+ Points / potential airdropNado: Active · farm board+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.042% cheaper against QFEX than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.024%). If the spread goes back, that is −$4 on $10k: about 2.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SPCX-USD	152.63	0.0029	pay 0.0004% / 1h	58m 26s	$1.2M	$5.4M	10x
Short	Nado SPCX-PERP	152.60	0.0093	get 0.0012% / 1h	58m 26s	$632K	$804K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against QFEX. 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 QFEXbpFee NadobpOrdersPrice spread, now −0.017%Rate

Funding earned: $13.37
Price spread: −0.017% → +0.024%: −$4.16
Slippage, 4 orders: −$11.28
Fee QFEX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$19.06
Costs to cover: 0.283%
Break-even: 17.0 days

Slippage from QFEX: live order book, 3 min ago; Nado: live order book, 48 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 QFEX live order book, 3 min ago	1.64 bp	7.3 bp −$7	8.9 bp −$89	20.9 bp −$2,091	doesn't fit
Sell Nado live order book, 48 min ago	0.33 bp	7.7 bp −$8	16.3 bp −$163	doesn't fit	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	152.69	+0.036%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0074%	8h	152.73	+0.066%	$2.0M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.68	+0.033%	$30.1M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.67	+0.026%	$96.2M	$30.2M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.71	+0.052%	$31.1M	$66.7M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.72	+0.059%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.92	+0.190%	$8K	$813K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.69	+0.039%	$43K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.83	+0.131%	$1.3M	$1.7M	75x	as long as short
Variational Omni SPCX	+0.0008%	8h	152.73	+0.068%	$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	+0.0020%	1h	152.65	+0.011%	$7K	$7K	10x	as long as short
Bullet SPCX-USD	+0.0025%	1h	152.68	+0.031%	$11K	$189K	10x	as long as short
QFEX SPCX-USDlong	+0.0029%	1h	152.63	long leg	$1.2M	$5.4M	10x
Lighter SPCX	+0.0032%	1h	152.63	0.000%	$1.5M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.60	−0.020%	$2.5M	$7.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	+0.098%	$9K	$28K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.60	−0.020%	$103K	$293K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.64	+0.007%	—	$1.2M	10x	as long as short
Binance SPCXUSDT	+0.0047%	8h	152.67	+0.026%	$251.9M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0048%	1h	152.64	+0.004%	$701K	$5.3M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.56	−0.046%	$128.2M	$129.7M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.68	+0.033%	$487K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.73	+0.066%	$1.7M	$56K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.74	+0.072%	$533K	$376K	50x	as long as short
Paradex SPCX-USD-PERP	+0.0050%	8h	152.67	+0.026%	$101	—	5x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.63	0.000%	$3.1M	$2.1M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0081%	8h	152.73	+0.066%	$39.8M	$168.2M	75x	as long as short
Nado SPCX-PERPshort	+0.0093%	1h	152.60	−0.017%	$632K	$804K	20x
edgeX SPCXUSDC	+0.0093%	4h	152.72	+0.056%	$1.7M	$891K	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.59	−0.026%	$169K	$114K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.62	−0.007%	$13.0M	$6.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.69	+0.039%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.76	+0.085%	$15K	$7K	10x	as long as short
RISEx SPCX/USDC	+0.0104%	1h	152.71	+0.052%	$351K	$482K	20x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.73	+0.064%	$89	—	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.70	+0.046%	$735K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0209%	1h	152.73	+0.066%	$450K	$271K	15x	as long as short
Aster SPCXUSD1	+0.0416%	8h	152.83	+0.131%	$19.0M	$30.6M	20x	as long as short