SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.013%

Price spread now: Ondo Perps against Arcus−0.053%7-day average +0.002% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.005%+$1 on $10k

Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.053%, 7d avg +0.002%

Together, before fees+0.047%+ Points / potential airdropOndo Perps: Active · farm board+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.054% cheaper against Arcus than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.002%). If the spread goes back, that is −$5 on $10k: about 18 days of funding at the current rate ($0 a day). At the pace of the last 4 days (+0.005% in total) that is about 39 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SPCX-USD	152.25	0.0040	pay 0.0005% / 1h	55m 55s	$103K	$298K	5x
Short	Ondo Perps SPCX-USD.P	152.17	0.0050	get 0.0006% / 1h	55m 55s	$3.2M	$2.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Ondo PerpsbpOrdersPrice spread, now −0.053%Rate

Funding earned: $2.13
Price spread: −0.053% → +0.002%: −$5.42
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$12.8
Costs to cover: 0.095%
Break-even: 49.1 days

Slippage unknown: Arcus: live order book, 48 min ago; Ondo Perps: no order-book sample. 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 Arcus live order book, 48 min ago	6.89 bp	11.4 bp −$11	14.7 bp −$147	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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 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 −0.0234% / S +0.0471%	1h	152.25	−0.003%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.30	+0.033%	$96.1M	$31.7M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.36	+0.072%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.320%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.35	+0.066%	$300K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.52	+0.177%	$8K	$894K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.42	+0.112%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0015%	8h	152.33	+0.053%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0026%	8h	152.41	+0.105%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0029%	1h	152.20	−0.034%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.26	+0.007%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USDlong	+0.0040%	1h	152.25	long leg	$103K	$298K	5x
Vest SPCX-USD-PERP	+0.0046%	1h	152.30	+0.033%	—	$1.2M	10x	as long as short
Lighter SPCX	+0.0048%	1h	152.27	+0.013%	$1.6M	$7.3M	20x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.23	−0.013%	$130.0M	$129.1M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.28	+0.020%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.33	+0.053%	$530K	$375K	50x	as long as short
Ondo Perps SPCX-USD.Pshort	+0.0050%	1h	152.17	−0.053%	$3.2M	$2.2M	10x
QFEX SPCX-USD	+0.0070%	1h	152.29	+0.026%	$1.2M	$5.5M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0073%	1h	152.31	+0.039%	$487K	$1.2M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.23	−0.013%	$168K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.19	−0.039%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.21	−0.026%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.36	+0.072%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.33	+0.051%	$88	—	10x	as long as short
Paradex SPCX-USD-PERP	+0.0122%	8h	152.30	+0.035%	$101	—	5x	as long as short
Bullet SPCX-USD	+0.0128%	1h	152.32	+0.046%	$11K	$192K	10x	as long as short
Variational Omni SPCX	+0.0134%	8h	152.32	+0.045%	$5.9M	$2.8M	—	as long as short
Extended SPCX-USD	+0.0144%	1h	152.28	+0.018%	$724K	$3.6M	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.29	+0.026%	$90K	$1.3M	10x	as long as short
Binance SPCXUSDT	+0.0146%	8h	152.33	+0.051%	$251.9M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0156%	8h	152.33	+0.053%	$39.6M	$166.5M	75x	as long as short
Nado SPCX-PERP	+0.0177%	1h	152.24	−0.004%	$627K	$804K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.35	+0.066%	$443K	$266K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	+0.059%	$725K	$931K	10x	as long as short
Aster SPCXUSD1	+0.0411%	8h	152.44	+0.125%	$18.9M	$28.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.61	+0.236%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.38	+0.085%	$392K	$507K	20x	as long as short
edgeX SPCXUSDC	+0.0884%	4h	152.33	+0.050%	$1.7M	$890K	20x	as long as short