SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0394%/8h= −43.1% APRnext payment −$3.94 per $10,000 · paid last 24h −0.047%

Price spread now: BloFin against Aster−0.084%72s7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$230.235% of the position

Long on Aster Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.275%−$28 on $10k

Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.084%, 7d avg −0.009%

Together, before fees−0.302%+ Points / potential airdropAster: Stage 5 · farm board−$30 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and BloFin is 0.075% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.009%). Swap the legs. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.275% in total (about -14.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.94 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	Aster SPCXUSD1	153.04	0.0428	pay 0.0428% / 8h	3h 46m	$18.9M	$22.3M	20x
Short	BloFin SPCX-USDT	152.91	0.0034	get 0.0034% / 8h	3h 46m	$1.9M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aster. 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 AsterbpFee BloFinbpOrdersPrice spread, now −0.084%Rate

Funding earned: −$82.71
Price spread: −0.084% → −0.009%: −$7.45
Slippage, 4 orders: −$3.49
Fee Aster: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$113.65
Costs to cover: 0.235%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; BloFin: live order book, 2 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 Aster live order book, 3 min ago	0.98 bp	5.0 bp −$5	6.5 bp −$65	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	0.33 bp	7.2 bp −$7	8.9 bp −$89	11.7 bp −$1,174	17.6 bp −$8,807

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	152.88	−0.100%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.91	−0.084%	$96.3M	$31.2M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.96	−0.051%	$31.8M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.735%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.95	−0.058%	$301K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.14	+0.066%	$8K	$934K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.94	−0.064%	$1.3M	$1.7M	75x	as long as short
Bybit SPCXUSDT	+0.0013%	8h	152.95	−0.058%	$30.7M	$42.6M	100x	as long as short
Aftermath Perps SPCXUSD	+0.0031%	1h	152.86	−0.115%	$7K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.85	−0.123%	$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-USDTshort	+0.0034%	8h	152.91	−0.084%	$1.9M	$1.3M	75x
Arcus SPCX-USD	+0.0040%	1h	152.83	−0.136%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.88	−0.104%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.88	−0.104%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.89	−0.097%	$1.7M	$96K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.92	−0.077%	$532K	$391K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.72	−0.208%	$3.2M	$2.4M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.91	−0.084%	$1.2M	$5.8M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0098%	8h	152.93	−0.072%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.81	−0.149%	$169K	$121K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.84	−0.130%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.77	−0.175%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.90	−0.090%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.91	−0.084%	$89	—	10x	as long as short
edgeX SPCXUSDC	+0.0114%	4h	152.86	−0.119%	$1.7M	$893K	20x	as long as short
Variational Omni SPCX	+0.0141%	8h	152.91	−0.085%	$6.0M	$2.9M	—	as long as short
Lighter SPCX	+0.0144%	1h	152.88	−0.104%	$1.6M	$7.3M	20x	as long as short
Extended SPCX-USD	+0.0152%	1h	152.89	−0.099%	$738K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0155%	8h	152.92	−0.077%	$248.6M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0156%	8h	152.94	−0.064%	$39.7M	$166.1M	75x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	152.94	−0.061%	$409K	$517K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.90	−0.090%	$741K	$939K	10x	as long as short
Nado SPCX-PERP	+0.0249%	1h	152.81	−0.147%	$616K	$810K	20x	as long as short
Phoenix SPCX	+0.0261%	1h	152.90	−0.090%	$444K	$264K	15x	as long as short
Bullet SPCX-USD	+0.0278%	1h	152.93	−0.068%	$12K	$192K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0285%	1h	152.88	−0.104%	$141.3M	$119.2M	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0339%	1h	152.88	−0.104%	$84K	$1.2M	10x	as long as short
Aster SPCXUSD1long	+0.0428%	8h	153.04	long leg	$18.9M	$22.3M	20x
Injective SPCX/USDC PERP	+0.0440%	1h	153.24	+0.132%	$9K	$28K	5.5x	as long as short