SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0258%/8h= +28.3% APRnext payment +$0.32 per $10,000 · paid last 24h +0.034%

Price spread now: Bullet against StandX−0.072%7-day average −0.001% · 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−$35as in the Price arb table

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

Long on StandX Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.115%+$11 on $10k

Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.072%, 7d avg −0.001%

Together, before fees+0.172%+ Points / potential airdropStandX: Active · farm board+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bullet is 0.071% cheaper against StandX than usual: you would sell low and buy high (spread −0.072% now, against its 7-day average of −0.001%). If the spread goes back, that is −$7 on $10k: about 22 hours of funding at the current rate (+$8 a day). At the pace of the last 3 days (+0.115% in total) that is about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX SPCX-USD	152.55	0	get 0.0000% / 1h	39m 37s	$300K	$2.7M	20x
Short	Bullet SPCX-USD	152.44	0.0258	get 0.0032% / 1h	39m 37s	$11K	$192K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against StandX. 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 StandXbpFee BulletbpOrdersPrice spread, now −0.072%Rate

Funding earned: $54.23
Price spread: −0.072% → −0.001%: −$7.14
Slippage, 4 orders: −$12.31
Fee StandX: 4 bp × 2 orders: −$8
Fee Bullet: 4 bp × 2 orders: −$8
Net: $18.78
Costs to cover: 0.283%
Break-even: 4.6 days

Slippage from StandX: live order book, 4 min ago; Bullet: live order book, 4 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 StandX live order book, 4 min ago	3.61 bp	7.6 bp −$8	13.0 bp −$130	doesn't fit	doesn't fit
Sell Bullet live order book, 4 min ago	0.65 bp	5.6 bp −$6	19.8 bp −$198	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 −0.0187% / S +0.0435%	1h	152.34	−0.134%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0018%	8h	152.45	−0.066%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.42	−0.085%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.40	−0.098%	$96.1M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.43	−0.079%	$31.2M	$66.1M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+13.090%	$4K	$882	10x	as long as short
StandX SPCX-USDlong	0.0000%	1h	152.55	long leg	$300K	$2.7M	20x
SunX SPCX-USDT	0.0000%	8h	152.72	+0.111%	$8K	$897K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.53	−0.013%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0022%	1h	152.39	−0.103%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.35	−0.131%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0038%	1h	152.42	−0.085%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.41	−0.092%	$103K	$299K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.38	−0.111%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.41	−0.092%	$1.7M	$97K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.45	−0.066%	$531K	$382K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.27	−0.184%	$3.2M	$2.2M	10x	as long as short
RISEx SPCX/USDC	+0.0072%	1h	152.45	−0.066%	$408K	$498K	20x	as long as short
Polymarket Perps SPCX-USD	+0.0081%	1h	152.41	−0.092%	$487K	$1.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0081%	8h	152.43	−0.076%	$101	—	5x	as long as short
tradeXYZ xyz:SPCX	+0.0084%	1h	152.32	−0.151%	$129.9M	$129.0M	20x	as long as short
Variational Omni SPCX	+0.0085%	8h	152.43	−0.080%	$6.0M	$2.8M	—	as long as short
Lighter SPCX	+0.0096%	1h	152.35	−0.131%	$1.6M	$7.4M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.34	−0.138%	$169K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.31	−0.157%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.45	−0.066%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.44	−0.072%	$14K	$7K	10x	as long as short
Binance SPCXUSDT	+0.0104%	8h	152.42	−0.085%	$250.5M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.40	−0.097%	$733K	$4.1M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.42	−0.087%	$88	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0116%	8h	152.44	−0.072%	$39.6M	$166.6M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.62	+0.046%	$726K	$932K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.48	−0.046%	$443K	$266K	15x	as long as short
Nado SPCX-PERP	+0.0230%	1h	152.31	−0.155%	$626K	$808K	20x	as long as short
Bullet SPCX-USDshort	+0.0258%	1h	152.44	−0.072%	$11K	$192K	10x
Aster SPCXUSD1	+0.0367%	8h	152.54	−0.007%	$18.8M	$26.3M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.81	+0.170%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0538%	1h	152.39	−0.105%	$89K	$1.3M	10x	as long as short
edgeX SPCXUSDC	+0.0976%	4h	152.55	−0.001%	$1.7M	$893K	20x	as long as short