SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0188%/8h= +20.6% APRnext payment +$0.23 per $10,000 · paid last 24h +0.008%

Price spread now: RISEx against Deribit+0.052%7-day average +0.051% · 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−$28as in the Price arb table

costs, in and out, $10k−$280.279% of the position

Long on Deribit Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.011%−$1 on $10k

Price spread, last 4 days (all we have)+0.114%+$11 · spread now +0.052%, 7d avg +0.051%

Together, before fees+0.103%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.011% in total (about -1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 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	Deribit SPCX_USDC-PERPETUAL	152.92	0.0012	pay 0.0001% / 1h	46m 38s	$72K	$1.2M	10x
Short	RISEx SPCX/USDC	153.00	0.0199	get 0.0025% / 1h	46m 38s	$408K	$549K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against Deribit. 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 DeribitbpFee RISExbpOrdersPrice spread, now +0.052%Rate

Funding earned: $39.42
Price spread: +0.052% → +0.051%: $0.14
Slippage, 4 orders: −$14.93
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee RISEx: 3 bp × 2 orders: −$6
Net: $11.63
Costs to cover: 0.279%
Break-even: 4.9 days

Slippage from Deribit: live order book, 2 min ago; RISEx: 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 Deribit live order book, 2 min ago	4.91 bp	9.6 bp −$10	12.4 bp −$124	doesn't fit	doesn't fit
Sell RISEx live order book, 17 min ago	1.96 bp	5.0 bp −$5	5.6 bp −$56	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 −0.0333% / S +0.0531%	1h	152.96	+0.023%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.94	+0.013%	$96.0M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.821%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.90	−0.013%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.23	+0.203%	$8K	$941K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.01	+0.059%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUALlong	+0.0012%	1h	152.92	long leg	$72K	$1.2M	10x
Aftermath Perps SPCXUSD	+0.0025%	1h	152.95	+0.018%	$7K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.90	−0.013%	$2.5M	$7.2M	20x	as long as short
Bitget SPCXUSDT	+0.0032%	8h	153.01	+0.059%	$31.7M	$66.1M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus SPCX-USD	+0.0040%	1h	152.91	−0.007%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.97	+0.033%	—	$1.2M	10x	as long as short
Lighter SPCX	+0.0048%	1h	152.93	+0.007%	$1.6M	$7.2M	20x	as long as short
QFEX SPCX-USD	+0.0048%	1h	152.95	+0.020%	$1.2M	$6.6M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.94	+0.013%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.95	+0.020%	$1.7M	$92K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.94	+0.013%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.84	−0.052%	$3.2M	$2.5M	10x	as long as short
Bybit SPCXUSDT	+0.0053%	8h	152.97	+0.033%	$30.8M	$42.8M	100x	as long as short
Paradex SPCX-USD-PERP	+0.0078%	8h	152.97	+0.035%	$101	—	5x	as long as short
BloFin SPCX-USDT	+0.0081%	8h	152.97	+0.033%	—	$1.4M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.86	−0.039%	$169K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.91	−0.007%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.99	+0.046%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.01	+0.059%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.96	+0.029%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0165%	1h	152.97	+0.033%	$11K	$190K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0186%	8h	152.98	+0.039%	$39.4M	$167.9M	75x	as long as short
Variational Omni SPCX	+0.0193%	8h	152.98	+0.036%	$6.0M	$3.1M	—	as long as short
RISEx SPCX/USDCshort	+0.0199%	1h	153.00	+0.052%	$408K	$549K	20x
Extended SPCX-USD	+0.0200%	1h	152.92	+0.003%	$736K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0200%	8h	152.96	+0.026%	$252.5M	$1.37B	75x	as long as short
tradeXYZ xyz:SPCX	+0.0215%	1h	152.94	+0.013%	$142.0M	$119.3M	20x	as long as short
Nado SPCX-PERP	+0.0217%	1h	152.89	−0.023%	$622K	$832K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.01	+0.059%	$738K	$980K	10x	as long as short
Phoenix SPCX	+0.0262%	1h	152.97	+0.033%	$445K	$267K	15x	as long as short
edgeX SPCXUSDC	+0.0389%	4h	152.96	+0.026%	$1.7M	$893K	20x	as long as short
Aster SPCXUSD1	+0.0409%	8h	153.06	+0.091%	$19.0M	$15.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.28	+0.235%	$9K	$27K	5.5x	as long as short