SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0715%/8h= −78.3% APRnext payment −$0.89 per $10,000 · paid last 24h −0.203%

Price spread now: GMX against Coinbase International+0.115%7-day average — · you sell dearer than you buy

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

Long on Coinbase International Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. GMX is 0.115% dearer against Coinbase International than usual: you sell high and buy low (spread +0.115% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SPCX-PERP-INTX	152.03	0.0280	pay 0.0035% / 1h	21m 08s	$693K	$997K	10x
Short	GMX SPCX/USD [ETH-USDC]	152.21	L −0.0187% / S +0.0435%	pay 0.0054% / 1h	21m 08s	$90K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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 Coinbase InternationalbpFee GMXbpOrdersPrice spread, now +0.115%Rate

Funding earned: −$150.12
Price spread: +0.115% → 0.000%: $11.51
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$160.61
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 12 min ago; GMX: 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 Coinbase International live order book, 12 min ago	2.30 bp	7.4 bp −$7	11.8 bp −$118	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 38 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]short	L −0.0187% / S +0.0435%	1h	152.21	+0.115%	$90K	—	20x
BloFin SPCX-USDT	−0.0016%	8h	152.27	+0.158%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.31	+0.184%	$30.4M	$43.3M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.23	+0.132%	$96.2M	$32.4M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.34	+0.204%	$31.0M	$66.5M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.30	+0.178%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.29	+0.171%	$8K	$848K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.35	+0.210%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0020%	1h	152.07	+0.028%	$7K	$7K	10x	as long as short
edgeX SPCXUSDC	+0.0029%	4h	152.16	+0.084%	$1.7M	$890K	20x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0032%	1h	152.24	+0.138%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.21	+0.118%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.23	+0.132%	$1.2M	$5.4M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.23	+0.132%	$102K	$293K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.25	+0.145%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.18	+0.099%	$129.7M	$129.7M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.18	+0.099%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.26	+0.151%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.23	+0.132%	$530K	$364K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.10	+0.046%	$3.1M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0061%	8h	152.30	+0.180%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0077%	8h	151.99	−0.029%	$5.9M	$2.8M	—	as long as short
Pacifica SPCX	+0.0100%	1h	152.17	+0.092%	$168K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.17	+0.092%	$13.0M	$5.7M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.05	+0.013%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.30	+0.178%	$14K	$7K	10x	as long as short
Binance SPCXUSDT	+0.0104%	8h	152.30	+0.178%	$253.9M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.26	+0.154%	$725K	$5.3M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.25	+0.146%	$88	—	10x	as long as short
Nado SPCX-PERP	+0.0111%	1h	152.19	+0.104%	$635K	$812K	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0115%	8h	152.33	+0.197%	$39.2M	$167.9M	75x	as long as short
Bullet SPCX-USD	+0.0134%	1h	152.29	+0.168%	$10K	$192K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.25	+0.145%	$84K	$1.4M	10x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.27	+0.161%	$381K	$507K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.00	−0.020%	$446K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTXlong	+0.0280%	1h	152.03	long leg	$693K	$997K	10x
Aster SPCXUSD1	+0.0387%	8h	152.41	+0.249%	$18.9M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.51	+0.316%	$9K	$28K	5.5x	as long as short