SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0163%/8h= +17.8% APRnext payment +$0.20 per $10,000 · paid last 24h +0.027%

Price spread now: Phoenix against ApeX Omni−0.033%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$400.399% of the position

Long on ApeX Omni Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days−0.118%−$12 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.033%, 7d avg +0.002%

Together, before fees−0.104%−$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Phoenix is 0.035% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.002%). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SPCXUSDT	152.60	0.0100	pay 0.0013% / 1h	46m 06s	$58K	$271K	50x
Short	Phoenix SPCX	152.55	0.0263	get 0.0033% / 1h	46m 06s	$443K	$266K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now −0.033%Rate

Funding earned: $34.13
Price spread: −0.033% → +0.002%: −$3.46
Slippage, 4 orders: −$22.88
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$9.21
Costs to cover: 0.399%
Break-even: 8.9 days

Slippage from ApeX Omni: live order book, 66 min ago; Phoenix: live order book, 66 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, 66 min ago	7.52 bp	12.5 bp −$13	39.3 bp −$393	doesn't fit	doesn't fit
Sell Phoenix live order book, 66 min ago	0.33 bp	5.1 bp −$5	15.6 bp −$156	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 −0.0224% / S +0.0463%	1h	152.44	−0.102%	$90K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.56	−0.026%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.53	−0.046%	$96.3M	$31.6M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.58	−0.013%	$31.3M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.059%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.59	−0.007%	$300K	$2.8M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.78	+0.118%	$8K	$916K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.59	−0.007%	$1.3M	$1.8M	75x	as long as short
BloFin SPCX-USDT	+0.0009%	8h	152.56	−0.026%	$1.9M	$1.2M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0012%	1h	152.51	−0.059%	$87K	$1.2M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0024%	1h	152.46	−0.092%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.50	−0.066%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.46	−0.092%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.48	−0.079%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.53	−0.046%	$1.2M	$5.6M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.56	−0.026%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.44	−0.105%	$130.9M	$128.6M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.52	−0.052%	$490K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.52	−0.052%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.56	−0.026%	$531K	$388K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.38	−0.144%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0062%	8h	152.57	−0.022%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.46	−0.092%	$169K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.40	−0.131%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDTlong	+0.0100%	1h	152.60	long leg	$58K	$271K	50x
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.54	−0.039%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.54	−0.038%	$88	—	10x	as long as short
Nado SPCX-PERP	+0.0119%	1h	152.51	−0.062%	$614K	$804K	20x	as long as short
Variational Omni SPCX	+0.0119%	8h	152.53	−0.047%	$6.0M	$2.8M	—	as long as short
Extended SPCX-USD	+0.0128%	1h	152.50	−0.063%	$731K	$4.6M	10x	as long as short
Binance SPCXUSDT	+0.0128%	8h	152.55	−0.033%	$250.3M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0138%	8h	152.57	−0.020%	$39.4M	$166.5M	75x	as long as short
Bullet SPCX-USD	+0.0176%	1h	152.56	−0.029%	$12K	$193K	10x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.60	+0.003%	$408K	$522K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.105%	$739K	$931K	10x	as long as short
Phoenix SPCXshort	+0.0263%	1h	152.55	−0.033%	$443K	$266K	15x
Aster SPCXUSD1	+0.0390%	8h	152.60	−0.002%	$18.9M	$24.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.67	+0.046%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0988%	4h	152.54	−0.038%	$1.7M	$893K	20x	as long as short