SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0406%/8h= −44.5% APRnext payment −$4.06 per $10,000 · paid last 24h −0.032%

Price spread now: SunX against Aster+0.090%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$700.699% of the position

Long on Aster Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.073%−$7 on $10k

Price spread, last 4 days (all we have)−0.074%−$7 · spread now +0.090%, 7d avg +0.043%

Together, before fees−0.146%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.047% dearer against Aster than usual: you sell high and buy low (spread +0.090% now, against its 7-day average of +0.043%): +$5 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.073% in total) that is about 4.5 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.06 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	152.42	0.0406	pay 0.0406% / 8h	35m 22s	$18.9M	$29.1M	20x
Short	SunX SPCX-USDT	152.56	0	get 0.0000% / 8h	35m 22s	$8K	$892K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.090%Rate

Funding earned: −$85.32
Price spread: +0.090% → +0.043%: $4.69
Slippage, 4 orders: −$53.95
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$150.58
Costs to cover: 0.699%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; SunX: live order book, 17 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, 4 min ago	0.33 bp	4.9 bp −$5	7.1 bp −$71	doesn't fit	doesn't fit
Sell SunX live order book, 17 min ago	21.99 bp	34.1 bp −$34	doesn't fit	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 −0.0187% / S +0.0435%	1h	152.28	−0.097%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.29	−0.087%	$96.2M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.34	−0.054%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.190%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.34	−0.054%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDTshort	0.0000%	8h	152.56	+0.090%	$8K	$892K	10x
HTX SPCX-USDT	0.0000%	8h	152.38	−0.028%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0013%	8h	152.33	−0.061%	$30.5M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0021%	8h	152.31	−0.074%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0028%	1h	152.28	−0.092%	$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 SPCX	+0.0032%	1h	152.25	−0.113%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.24	−0.120%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.25	−0.113%	$103K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.31	−0.074%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.26	−0.107%	$129.9M	$129.2M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.30	−0.081%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.28	−0.094%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.32	−0.067%	$530K	$373K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.16	−0.172%	$3.2M	$2.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.25	−0.113%	$1.2M	$5.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0096%	8h	152.30	−0.083%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.21	−0.140%	$168K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.21	−0.140%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.34	−0.054%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.33	−0.061%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.31	−0.076%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0127%	8h	152.31	−0.077%	$5.9M	$2.8M	—	as long as short
Binance SPCXUSDT	+0.0141%	8h	152.32	−0.067%	$252.8M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.28	−0.095%	$728K	$4.8M	10x	as long as short
Bullet SPCX-USD	+0.0155%	1h	152.31	−0.072%	$11K	$192K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0156%	8h	152.33	−0.061%	$39.7M	$166.7M	75x	as long as short
Nado SPCX-PERP	+0.0181%	1h	152.20	−0.145%	$627K	$803K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	−0.054%	$728K	$930K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0341%	1h	152.28	−0.094%	$89K	$1.4M	10x	as long as short
edgeX SPCXUSDC	+0.0360%	4h	152.30	−0.078%	$1.7M	$892K	20x	as long as short
Phoenix SPCX	+0.0368%	1h	152.31	−0.074%	$443K	$266K	15x	as long as short
Aster SPCXUSD1long	+0.0406%	8h	152.42	long leg	$18.9M	$29.1M	20x
Injective SPCX/USDC PERP	+0.0440%	1h	152.55	+0.083%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.35	−0.045%	$381K	$507K	20x	as long as short