SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0172%/8h= +18.8% APRnext payment +$0.21 per $10,000 · paid last 24h 0.000%

Price spread now: Bullet against ApeX Omni−0.039%66s7-day average +0.005% · 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—prices read too far apart to compare

costs, in and out, $10k−$390.387% of the position

Long on ApeX Omni Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.010%+$1 on $10k

Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.039%, 7d avg +0.005%

Together, before fees+0.012%+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bullet is 0.045% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.039% now, against its 7-day average of +0.005%). If the spread goes back, that is −$4 on $10k: about 21 hours of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.010% in total) that is about 15 days. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SPCXUSDT	152.96	0.0100	pay 0.0013% / 1h	44m 13s	$58K	$271K	50x
Short	Bullet SPCX-USD	152.90	0.0272	get 0.0034% / 1h	44m 13s	$12K	$192K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against ApeX Omni. 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 ApeX OmnibpFee BulletbpOrdersPrice spread, now −0.039%Rate

Funding earned: $36.09
Price spread: −0.039% → +0.005%: −$4.46
Slippage, 4 orders: −$20.71
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$7.09
Costs to cover: 0.387%
Break-even: 8.4 days

Slippage from ApeX Omni: live order book, 8 min ago; Bullet: live order book, 10 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 ApeX Omni live order book, 8 min ago	7.52 bp	12.5 bp −$13	39.3 bp −$393	doesn't fit	doesn't fit
Sell Bullet live order book, 10 min ago	0.65 bp	5.7 bp −$6	20.3 bp −$203	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 −0.0214% / S +0.0456%	1h	152.84	−0.075%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.87	−0.059%	$96.3M	$31.2M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.92	−0.026%	$31.8M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.793%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.96	0.000%	$301K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.12	+0.105%	$8K	$933K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.96	0.000%	$1.3M	$1.7M	75x	as long as short
Bybit SPCXUSDT	+0.0014%	8h	152.89	−0.046%	$30.7M	$42.6M	100x	as long as short
Aftermath Perps SPCXUSD	+0.0031%	1h	152.86	−0.064%	$7K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.79	−0.111%	$2.5M	$7.2M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SPCX-USDT	+0.0035%	8h	152.90	−0.039%	$1.9M	$1.3M	75x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.82	−0.092%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.86	−0.065%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.82	−0.092%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.86	−0.065%	$1.7M	$96K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.87	−0.059%	$532K	$391K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.79	−0.111%	$3.2M	$2.4M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.88	−0.052%	$1.2M	$5.8M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0097%	8h	152.90	−0.040%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.79	−0.111%	$169K	$121K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.81	−0.098%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDTlong	+0.0100%	1h	152.96	long leg	$58K	$271K	50x
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.88	−0.052%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.87	−0.057%	$89	—	10x	as long as short
Variational Omni SPCX	+0.0141%	8h	152.91	−0.034%	$6.0M	$2.9M	—	as long as short
Lighter SPCX	+0.0144%	1h	152.81	−0.098%	$1.6M	$7.3M	20x	as long as short
Extended SPCX-USD	+0.0152%	1h	152.84	−0.076%	$738K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0155%	8h	152.88	−0.049%	$248.5M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0156%	8h	152.91	−0.033%	$39.6M	$166.1M	75x	as long as short
edgeX SPCXUSDC	+0.0206%	4h	152.89	−0.044%	$1.7M	$893K	20x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	152.94	−0.016%	$409K	$517K	20x	as long as short
Nado SPCX-PERP	+0.0244%	1h	152.75	−0.136%	$615K	$810K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.90	−0.039%	$741K	$939K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	152.93	−0.020%	$445K	$264K	15x	as long as short
Bullet SPCX-USDshort	+0.0272%	1h	152.90	−0.039%	$12K	$192K	10x
tradeXYZ xyz:SPCX	+0.0277%	1h	152.82	−0.092%	$141.3M	$119.2M	20x	as long as short
Aster SPCXUSD1	+0.0429%	8h	152.99	+0.020%	$19.0M	$22.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.24	+0.183%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0601%	1h	152.85	−0.072%	$84K	$1.2M	10x	as long as short