SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.019%

Price spread now: Deribit against Arcus+0.039%7-day average +0.054% · 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−$38as in the Price arb table

costs, in and out, $10k−$360.363% of the position

Long on Arcus Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.047%+$5 on $10k

Price spread, last 3 days (all we have)+0.004%$0 · spread now +0.039%, 7d avg +0.054%

Together, before fees+0.051%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SPCX-USD	152.56	0.0227	pay 0.0028% / 1h	45m 53s	$106K	$296K	5x
Short	Deribit SPCX_USDC-PERPETUAL	152.62	0.0209	get 0.0026% / 1h	45m 53s	$70K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Arcus. 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 ArcusbpFee DeribitbpOrdersPrice spread, now +0.039%Rate

Funding earned: −$3.79
Price spread: +0.039% → +0.054%: −$1.48
Slippage, 4 orders: −$24.85
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$41.62
Costs to cover: 0.363%
Break-even: never at this rate

Slippage from Arcus: live order book, 38 min ago; Deribit: live order book, 3 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 Arcus live order book, 38 min ago	5.90 bp	8.1 bp −$8	11.5 bp −$115	doesn't fit	doesn't fit
Sell Deribit live order book, 3 min ago	5.90 bp	10.0 bp −$10	14.2 bp −$142	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 −0.0335% / S +0.0533%	1h	152.59	+0.023%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.63	+0.046%	$96.5M	$30.8M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.51	+13.076%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.65	+0.059%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.79	+0.151%	$8K	$976K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.62	+0.039%	$1.3M	$1.7M	75x	as long as short
Bullet SPCX-USD	+0.0022%	1h	152.62	+0.039%	$12K	$189K	10x	as long as short
Aftermath Perps SPCXUSD	+0.0024%	1h	152.59	+0.020%	$7K	$10K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.57	+0.007%	$1.6M	$7.1M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.57	+0.007%	$2.4M	$7.5M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.074%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.68	+0.079%	—	$1.1M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.60	+0.026%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.61	+0.033%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.62	+0.039%	$539K	$404K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.47	−0.059%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0066%	1h	152.61	+0.033%	$1.2M	$7.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0079%	8h	152.62	+0.039%	$101	—	5x	as long as short
tradeXYZ xyz:SPCX	+0.0084%	1h	152.59	+0.020%	$129.8M	$107.4M	20x	as long as short
BloFin SPCX-USDT	+0.0088%	8h	152.64	+0.052%	$1.9M	$1.4M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.53	−0.020%	$175K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.50	−0.039%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.56	0.000%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.65	+0.059%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.64	+0.054%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0141%	8h	152.65	+0.059%	$30.7M	$42.3M	100x	as long as short
OKX SPCX-USDT-SWAP	+0.0183%	8h	152.66	+0.066%	$38.9M	$168.2M	75x	as long as short
Variational Omni SPCX	+0.0191%	8h	152.62	+0.041%	$6.1M	$3.9M	—	as long as short
Nado SPCX-PERP	+0.0206%	1h	152.55	−0.004%	$625K	$875K	20x	as long as short
Binance SPCXUSDT	+0.0206%	8h	152.64	+0.054%	$256.0M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0208%	1h	152.61	+0.033%	$715K	$3.6M	10x	as long as short
Deribit SPCX_USDC-PERPETUALshort	+0.0209%	1h	152.62	+0.039%	$70K	$1.1M	10x
Arcus SPCX-USDlong	+0.0227%	1h	152.56	long leg	$106K	$296K	5x
Aster SPCXUSD1	+0.0244%	8h	152.71	+0.098%	$19.0M	$21.5M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	152.71	+0.098%	$741K	$947K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.63	+0.046%	$445K	$196K	15x	as long as short
Bitget SPCXUSDT	+0.0325%	8h	152.65	+0.059%	$31.0M	$66.5M	75x	as long as short
RISEx SPCX/USDC	+0.0543%	1h	152.69	+0.088%	$402K	$542K	20x	as long as short
edgeX SPCXUSDC	+0.0618%	4h	152.62	+0.040%	$1.7M	$893K	20x	as long as short