SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0369%/8h= −40.4% APRnext payment −$0.46 per $10,000 · paid last 24h −0.024%

Price spread now: Arcus against RISEx−0.039%7-day average −0.104% · 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−$22as in the Price arb table

costs, in and out, $10k−$280.281% of the position

Long on RISEx Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.031%−$3 on $10k

Price spread, last 4 days (all we have)−0.067%−$7 · spread now −0.039%, 7d avg −0.104%

Together, before fees−0.099%−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.065% dearer against RISEx than usual: you sell high and buy low (spread −0.039% now, against its 7-day average of −0.104%): +$6 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 3 days (−0.031% in total) that is about 7.1 days.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.031% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.46 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SPCX/USDC	153.04	0.0410	pay 0.0051% / 1h	56m 35s	$408K	$539K	20x
Short	Arcus SPCX-USD	152.98	0.0040	get 0.0005% / 1h	56m 35s	$105K	$297K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against RISEx. 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 RISExbpFee ArcusbpOrdersPrice spread, now −0.039%Rate

Funding earned: −$77.54
Price spread: −0.039% → −0.104%: $6.46
Slippage, 4 orders: −$17.6
Fee RISEx: 3 bp × 2 orders: −$6
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$99.19
Costs to cover: 0.281%
Break-even: never at this rate

Slippage from RISEx: live order book, 12 min ago; Arcus: live order book, 12 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 RISEx live order book, 12 min ago	0.65 bp	3.7 bp −$4	4.3 bp −$43	doesn't fit	doesn't fit
Sell Arcus live order book, 12 min ago	6.20 bp	10.7 bp −$11	14.0 bp −$140	doesn't fit	doesn't fit

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 −0.0333% / S +0.0532%	1h	153.01	−0.016%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.99	−0.033%	$96.3M	$31.1M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.731%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.97	−0.046%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.34	+0.196%	$8K	$950K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.06	+0.013%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	153.01	−0.018%	$8K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.97	−0.046%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.94	−0.065%	$2.5M	$7.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.751%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus SPCX-USDshort	+0.0040%	1h	152.98	−0.039%	$105K	$297K	5x
Vest SPCX-USD-PERP	+0.0046%	1h	153.02	−0.013%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	152.98	−0.039%	$1.2M	$7.1M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.01	−0.020%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.02	−0.013%	$1.7M	$87K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.03	−0.007%	$534K	$404K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.92	−0.078%	$3.2M	$2.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0086%	8h	153.04	+0.003%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.94	−0.065%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.93	−0.072%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.97	−0.046%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.06	+0.013%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.04	−0.002%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0112%	8h	153.01	−0.020%	$30.8M	$42.8M	100x	as long as short
BloFin SPCX-USDT	+0.0119%	8h	153.04	0.000%	$1.9M	$1.4M	75x	as long as short
Bullet SPCX-USD	+0.0134%	1h	153.05	+0.009%	$11K	$189K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0190%	1h	153.00	−0.026%	$142.7M	$119.5M	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0208%	1h	152.98	−0.039%	$72K	$1.1M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0210%	8h	153.02	−0.013%	$39.3M	$168.7M	75x	as long as short
Variational Omni SPCX	+0.0226%	8h	153.02	−0.014%	$6.0M	$3.5M	—	as long as short
Binance SPCXUSDT	+0.0238%	8h	153.00	−0.026%	$252.5M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0240%	1h	152.95	−0.056%	$734K	$3.8M	10x	as long as short
Nado SPCX-PERP	+0.0255%	1h	152.94	−0.067%	$620K	$847K	20x	as long as short
Bitget SPCXUSDT	+0.0264%	8h	153.06	+0.013%	$31.7M	$66.5M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	153.14	+0.065%	$728K	$986K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.04	0.000%	$445K	$270K	15x	as long as short
Aster SPCXUSD1	+0.0390%	8h	153.12	+0.054%	$19.0M	$18.0M	20x	as long as short
RISEx SPCX/USDClong	+0.0410%	1h	153.04	long leg	$408K	$539K	20x
edgeX SPCXUSDC	+0.0618%	4h	153.03	−0.003%	$1.7M	$892K	20x	as long as short