SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%

Price spread now: SoDEX against QFEX0.000%7-day average −0.003% · you sell dearer than you buy

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

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

costs, in and out, $10k−$490.487% of the position

Long on QFEX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.039%+$4 on $10k

Price spread, last 4 days (all we have)−0.009%−$1 · spread now 0.000%, 7d avg −0.003%

Together, before fees+0.030%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SPCX-USD	152.63	0.0030	pay 0.0004% / 1h	43m 35s	$1.2M	$5.4M	10x
Short	SoDEX SPCX-USD	152.63	0.0050	get 0.0006% / 1h	43m 35s	$1.7M	$101K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $4.13
Price spread: 0.000% → −0.003%: $0.31
Slippage, 4 orders: −$30.73
Fee QFEX: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$44.28
Costs to cover: 0.487%
Break-even: 82.0 days

Slippage from QFEX: live order book, 3 min ago; SoDEX: 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 QFEX live order book, 3 min ago	1.31 bp	6.3 bp −$6	7.4 bp −$74	16.6 bp −$1,659	doesn't fit
Sell SoDEX live order book, 3 min ago	0.33 bp	18.0 bp −$18	50.0 bp −$500	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	152.56	−0.043%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0058%	8h	152.66	+0.020%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.69	+0.039%	$30.1M	$43.3M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.66	+0.020%	$96.3M	$32.7M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.70	+0.046%	$31.0M	$67.0M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.67	+0.026%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.89	+0.170%	$8K	$817K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.59	−0.026%	$44K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.71	+0.052%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0021%	1h	152.61	−0.011%	$7K	$7K	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USDlong	+0.0030%	1h	152.63	long leg	$1.2M	$5.4M	10x
Variational Omni SPCX	+0.0030%	8h	152.62	−0.009%	$5.9M	$2.7M	—	as long as short
Lighter SPCX	+0.0032%	1h	152.60	−0.020%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.57	−0.039%	$2.5M	$7.2M	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	152.59	−0.026%	$103K	$294K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.62	−0.007%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.58	−0.033%	$128.3M	$129.7M	20x	as long as short
SoDEX SPCX-USDshort	+0.0050%	1h	152.63	0.000%	$1.7M	$101K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.58	−0.033%	$533K	$369K	50x	as long as short
Paradex SPCX-USD-PERP	+0.0050%	8h	152.63	+0.003%	$101	—	5x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.51	−0.079%	$3.0M	$2.1M	10x	as long as short
RISEx SPCX/USDC	+0.0051%	1h	152.70	+0.046%	$351K	$510K	20x	as long as short
Extended SPCX-USD	+0.0056%	1h	152.63	+0.002%	$728K	$5.3M	10x	as long as short
Binance SPCXUSDT	+0.0058%	8h	152.68	+0.033%	$251.8M	$1.38B	75x	as long as short
Bullet SPCX-USD	+0.0066%	1h	152.67	+0.026%	$12K	$191K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0083%	8h	152.70	+0.046%	$39.5M	$168.5M	75x	as long as short
Polymarket Perps SPCX-USD	+0.0097%	1h	152.65	+0.013%	$486K	$1.1M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.56	−0.046%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.60	−0.020%	$13.0M	$6.2M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.57	−0.039%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.67	+0.026%	$15K	$7K	10x	as long as short
Nado SPCX-PERP	+0.0103%	1h	152.60	−0.019%	$633K	$806K	20x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.63	0.000%	$89	—	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0136%	1h	152.70	+0.046%	$735K	$1.1M	10x	as long as short
edgeX SPCXUSDC	+0.0184%	4h	152.62	−0.009%	$1.7M	$891K	20x	as long as short
Phoenix SPCX	+0.0209%	1h	152.68	+0.033%	$448K	$271K	15x	as long as short
Aster SPCXUSD1	+0.0399%	8h	152.83	+0.131%	$19.0M	$30.6M	20x	as long as short