Funding you earn now, next payment 03:00 UTC+0.0187%/8h= +20.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.031%
Price spread now: Nado against Vest−0.047%7-day average +0.073% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.026%+$3 on $10k
+Price spread, last 7 days+0.103%+$10 · spread now −0.047%, 7d avg +0.073%
=Together, before fees+0.129%+ Points / potential airdropVest: Active · Nado: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.120% cheaper against Vest than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of +0.073%). If the spread goes back, that is −$12 on $10k: about 2.1 days of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.026% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.026% in total (about 2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 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 | Vest SPCX-USD-PERP | 152.99 | 0.0046 | pay 0.0006% / 1h | 48m 51s | — | $1.2M | 10x |
| Short | Nado SPCX-PERP | 152.92 | 0.0233 | get 0.0029% / 1h | 48m 51s | $622K | $832K | 20x |
Vest SPCX-USD-PERP
Nado SPCX-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Vest. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $39.33
- Price spread: −0.047% → +0.073%
- −$11.98
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $18.35
- Costs to cover
- 0.090%
- Break-even
- 3.7 days
Slippage unknown: Vest: no order-book sample; Nado: live order book, 14 min ago. Net counts fees only.
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 Vest no order-book sample | — | — | — | — | — |
| Sell Nado live order book, 14 min ago | 0.33 bp | 9.2 bp −$9 | 25.8 bp −$258 | doesn't fit | doesn't fit |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0333% / S +0.0531% | 1h | 152.96 | −0.023% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.95 | −0.026% | $96.0M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.769% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.91 | −0.052% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.23 | +0.157% | $8K | $941K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.00 | +0.007% | $1.3M | $1.7M | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0012% | 1h | 152.91 | −0.052% | $72K | $1.2M | 10x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.93 | −0.036% | $7K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.89 | −0.065% | $2.5M | $7.2M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.92 | −0.046% | $105K | $297K | 5x | as long as short |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
Aftermath Perps SPCXUSD
Lighter RH SPCX
Arcus SPCX-USDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPCXUSDT | +0.0043% | 8h | 153.01 | +0.013% | $31.7M | $66.1M | 75x | as long as short |
| Vest SPCX-USD-PERPlong | +0.0046% | 1h | 152.99 | long leg | — | $1.2M | 10x | |
| QFEX SPCX-USD | +0.0048% | 1h | 152.99 | 0.000% | $1.2M | $6.6M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.96 | −0.020% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.96 | −0.020% | $1.7M | $92K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.97 | −0.013% | $534K | $404K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.87 | −0.078% | $3.2M | $2.5M | 10x | as long as short |
| Bybit SPCXUSDT | +0.0062% | 8h | 152.97 | −0.013% | $30.8M | $42.8M | 100x | as long as short |
| Paradex SPCX-USD-PERP | +0.0080% | 8h | 153.01 | +0.013% | $101 | — | 5x | as long as short |
| Lighter SPCX | +0.0080% | 1h | 152.93 | −0.039% | $1.6M | $7.2M | 20x | as long as short |
| edgeX SPCXUSDC | +0.0086% | 4h | 152.97 | −0.014% | $1.7M | $892K | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.90 | −0.059% | $169K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.91 | −0.052% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.03 | +0.026% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.01 | +0.013% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.99 | −0.002% | $89 | — | 10x | as long as short |
| Bullet SPCX-USD | +0.0178% | 1h | 152.99 | 0.000% | $11K | $189K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0190% | 8h | 152.98 | −0.007% | $39.4M | $167.9M | 75x | as long as short |
| Variational Omni SPCX | +0.0193% | 8h | 152.98 | −0.010% | $6.0M | $3.1M | — | as long as short |
| RISEx SPCX/USDC | +0.0199% | 1h | 153.03 | +0.029% | $408K | $549K | 20x | as long as short |
| Binance SPCXUSDT | +0.0204% | 8h | 152.97 | −0.013% | $252.6M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0208% | 1h | 152.93 | −0.040% | $736K | $3.8M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0226% | 1h | 152.95 | −0.026% | $142.0M | $119.3M | 20x | as long as short |
| Nado SPCX-PERPshort | +0.0233% | 1h | 152.92 | −0.047% | $622K | $832K | 20x | |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.01 | +0.013% | $738K | $980K | 10x | as long as short |
| Phoenix SPCX | +0.0262% | 1h | 152.99 | 0.000% | $445K | $267K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0411% | 8h | 153.07 | +0.054% | $19.0M | $15.5M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.28 | +0.190% | $9K | $27K | 5.5x | as long as short |
Bitget SPCXUSDT
QFEX SPCX-USD
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
Bybit SPCXUSDT
Paradex SPCX-USD-PERP
Lighter SPCX
edgeX SPCXUSDC
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Variational Omni SPCX
RISEx SPCX/USDC
Binance SPCXUSDT
Extended SPCX-USD
tradeXYZ xyz:SPCX
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP