SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0019%/8h= −2.1% APRnext payment −$0.02 per $10,000 · paid last 24h −0.001%

Price spread now: QFEX against SoDEX−0.039%7-day average +0.003% · 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−$54as in the Price arb table

costs, in and out, $10k−$500.497% of the position

Long on SoDEX Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.038%−$4 on $10k

Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.039%, 7d avg +0.003%

Together, before fees+0.011%+$1 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.042% cheaper against SoDEX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.003%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SPCX-USD	152.66	0.0050	pay 0.0006% / 1h	7m 04s	$1.7M	$102K	20x
Short	QFEX SPCX-USD	152.60	0.0031	get 0.0004% / 1h	7m 04s	$1.2M	$5.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against SoDEX. 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 SoDEXbpFee QFEXbpOrdersPrice spread, now −0.039%Rate

Funding earned: −$4.07
Price spread: −0.039% → +0.003%: −$4.25
Slippage, 4 orders: −$31.74
Fee SoDEX: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$58.05
Costs to cover: 0.497%
Break-even: never at this rate

Slippage from SoDEX: live order book, 5 min ago; QFEX: live order book, 5 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 SoDEX live order book, 5 min ago	0.33 bp	18.2 bp −$18	48.3 bp −$483	doesn't fit	doesn't fit
Sell QFEX live order book, 5 min ago	1.64 bp	6.6 bp −$7	6.6 bp −$66	19.9 bp −$1,987	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	152.57	−0.056%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0059%	8h	152.71	+0.033%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.72	+0.039%	$30.3M	$43.4M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.68	+0.013%	$96.1M	$32.7M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.79	+0.085%	$31.0M	$67.0M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.67	+0.007%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.94	+0.183%	$8K	$825K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.61	−0.033%	$48K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.74	+0.052%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0020%	1h	152.57	−0.058%	$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
Variational Omni SPCX	+0.0030%	8h	152.58	−0.052%	$5.9M	$2.7M	—	as long as short
QFEX SPCX-USDshort	+0.0031%	1h	152.60	−0.039%	$1.2M	$5.4M	10x
Lighter SPCX	+0.0032%	1h	152.64	−0.013%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.62	−0.026%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.56	−0.066%	$103K	$295K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.63	−0.020%	—	$1.3M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.61	−0.033%	$128.7M	$129.3M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.66	0.000%	$488K	$1.1M	10x	as long as short
SoDEX SPCX-USDlong	+0.0050%	1h	152.66	long leg	$1.7M	$102K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.68	+0.013%	$532K	$364K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.49	−0.111%	$3.1M	$2.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0051%	8h	152.66	0.000%	$101	—	5x	as long as short
Binance SPCXUSDT	+0.0061%	8h	152.69	+0.020%	$252.2M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0064%	1h	152.64	−0.010%	$724K	$5.4M	10x	as long as short
RISEx SPCX/USDC	+0.0068%	1h	152.69	+0.020%	$351K	$518K	20x	as long as short
edgeX SPCXUSDC	+0.0084%	4h	152.63	−0.017%	$1.7M	$890K	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0091%	8h	152.77	+0.072%	$39.4M	$168.7M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.60	−0.039%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.62	−0.026%	$13.0M	$6.1M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.59	−0.046%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.67	+0.007%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.64	−0.012%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0106%	1h	152.68	+0.013%	$12K	$191K	10x	as long as short
Nado SPCX-PERP	+0.0116%	1h	152.60	−0.041%	$632K	$806K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0184%	1h	152.52	−0.092%	$689K	$1.0M	10x	as long as short
Phoenix SPCX	+0.0209%	1h	152.63	−0.020%	$448K	$271K	15x	as long as short
Aster SPCXUSD1	+0.0387%	8h	152.78	+0.079%	$19.0M	$30.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.78	+0.079%	$9K	$28K	5.5x	as long as short