SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.027%

Price spread now: Nado against tradeXYZ+0.046%7-day average +0.069% · 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−$40as in the Price arb table

costs, in and out, $10k−$370.374% of the position

Long on tradeXYZ Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.036%+$4 on $10k

Price spread, last 7 days+0.044%+$4 · spread now +0.046%, 7d avg +0.069%

Together, before fees+0.079%+ Points / potential airdroptradeXYZ: Active · Nado: Active · farm board+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.023% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.046% now, against its 7-day average of +0.069%). If the spread goes back, that is −$2 on $10k: about 2.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SPCX	151.99	0.0050	pay 0.0006% / 1h	33m 48s	$129.6M	$129.4M	20x
Short	Nado SPCX-PERP	152.06	0.0083	get 0.0010% / 1h	33m 48s	$635K	$814K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against tradeXYZ. 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 tradeXYZbpFee NadobpOrdersPrice spread, now +0.046%Rate

Funding earned: $6.95
Price spread: +0.046% → +0.069%: −$2.34
Slippage, 4 orders: −$12.45
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$32.83
Costs to cover: 0.374%
Break-even: 40.1 days

Slippage from tradeXYZ: live order book, 5 min ago; Nado: live order book, 64 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 tradeXYZ live order book, 5 min ago	0.33 bp	9.3 bp −$9	10.0 bp −$100	12.9 bp −$1,288	doesn't fit
Sell Nado live order book, 64 min ago	0.33 bp	10.4 bp −$10	22.6 bp −$226	doesn't fit	doesn't fit

SPCX on 38 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	152.09	+0.069%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0015%	8h	152.22	+0.151%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.11	+0.079%	$30.4M	$43.1M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.12	+0.086%	$96.2M	$32.1M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.07	+0.053%	$31.0M	$66.9M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.28	+0.191%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.56	+0.375%	$8K	$854K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.23	+0.158%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0019%	1h	152.13	+0.094%	$7K	$7K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.10	+0.072%	$1.6M	$7.4M	20x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.08	+0.059%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.14	+0.099%	$1.2M	$5.4M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.11	+0.079%	$102K	$299K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.13	+0.092%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCXlong	+0.0050%	1h	151.99	long leg	$129.6M	$129.4M	20x
Polymarket Perps SPCX-USD	+0.0050%	1h	152.00	+0.007%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.13	+0.092%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.16	+0.112%	$529K	$363K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.10	+0.072%	$3.1M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0061%	8h	152.13	+0.094%	$100	—	5x	as long as short
Nado SPCX-PERPshort	+0.0083%	1h	152.06	+0.046%	$635K	$814K	20x
Variational Omni SPCX	+0.0085%	8h	152.23	+0.158%	$5.9M	$2.8M	—	as long as short
Bullet SPCX-USD	+0.0088%	1h	152.17	+0.118%	$11K	$192K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.08	+0.059%	$168K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.07	+0.053%	$12.9M	$5.7M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.34	+0.230%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.19	+0.132%	$14K	$7K	10x	as long as short
Binance SPCXUSDT	+0.0104%	8h	152.12	+0.086%	$253.0M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.11	+0.079%	$725K	$5.3M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.14	+0.099%	$88	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0117%	8h	152.12	+0.086%	$39.4M	$167.3M	75x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.20	+0.138%	$380K	$506K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.25	+0.171%	$447K	$268K	15x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0276%	1h	152.17	+0.118%	$86K	$1.4M	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.11	+0.079%	$694K	$992K	10x	as long as short
Aster SPCXUSD1	+0.0383%	8h	152.27	+0.183%	$18.9M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.51	+0.342%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0713%	4h	152.24	+0.165%	$1.7M	$890K	20x	as long as short