SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0772%/8h= −84.5% APRnext payment −$0.96 per $10,000 · paid last 24h −0.171%

Price spread now: GMX against Nado+0.050%7-day average — · you sell dearer than you buy

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

Long on Nado Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread pays, funding is against you. GMX is 0.050% dearer against Nado than usual: you sell high and buy low (spread +0.050% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SPCX-PERP	152.89	0.0240	pay 0.0030% / 1h	51m 49s	$622K	$832K	20x
Short	GMX SPCX/USD [ETH-USDC]	152.97	L −0.0333% / S +0.0531%	pay 0.0066% / 1h	51m 49s	$88K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Nado. 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 NadobpFee GMXbpOrdersPrice spread, now +0.050%Rate

Funding earned: −$162.09
Price spread: +0.050% → 0.000%: $5.02
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: −$176.07
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Nado: live order book, 11 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 Nado live order book, 11 min ago	0.33 bp	7.5 bp −$7	49.3 bp −$493	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 −0.0333% / S +0.0531%	1h	152.97	+0.050%	$88K	—	20x
Gate SPCX_USDT	0.0000%	8h	152.97	+0.053%	$96.0M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.841%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.90	+0.008%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.27	+0.250%	$8K	$941K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.01	+0.080%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.95	+0.039%	$7K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.92	+0.021%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.92	+0.021%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.97	+0.053%	—	$1.2M	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USD	+0.0048%	1h	152.98	+0.060%	$1.2M	$6.6M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.94	+0.034%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.97	+0.053%	$1.7M	$91K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.98	+0.060%	$534K	$404K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.86	−0.018%	$3.2M	$2.5M	10x	as long as short
Bitget SPCXUSDT	+0.0052%	8h	153.02	+0.086%	$31.7M	$66.1M	75x	as long as short
Bybit SPCXUSDT	+0.0063%	8h	153.00	+0.073%	$30.8M	$42.8M	100x	as long as short
Lighter SPCX	+0.0064%	1h	152.94	+0.034%	$1.6M	$7.2M	20x	as long as short
Paradex SPCX-USD-PERP	+0.0079%	8h	153.01	+0.077%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.89	+0.001%	$169K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.91	+0.014%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	+0.027%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.01	+0.080%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.00	+0.072%	$89	—	10x	as long as short
edgeX SPCXUSDC	+0.0128%	4h	152.98	+0.060%	$1.7M	$892K	20x	as long as short
Bullet SPCX-USD	+0.0182%	1h	153.00	+0.075%	$11K	$189K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0190%	8h	153.02	+0.086%	$39.5M	$168.0M	75x	as long as short
Variational Omni SPCX	+0.0194%	8h	152.98	+0.060%	$6.0M	$3.1M	—	as long as short
RISEx SPCX/USDC	+0.0199%	1h	153.02	+0.087%	$408K	$549K	20x	as long as short
Binance SPCXUSDT	+0.0205%	8h	152.99	+0.069%	$252.6M	$1.37B	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0208%	1h	152.95	+0.040%	$72K	$1.2M	10x	as long as short
Extended SPCX-USD	+0.0208%	1h	152.95	+0.041%	$736K	$3.8M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0238%	1h	152.96	+0.047%	$142.1M	$119.3M	20x	as long as short
Nado SPCX-PERPlong	+0.0240%	1h	152.89	long leg	$622K	$832K	20x
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	152.97	+0.053%	$738K	$968K	10x	as long as short
Phoenix SPCX	+0.0262%	1h	152.98	+0.060%	$445K	$267K	15x	as long as short
Aster SPCXUSD1	+0.0411%	8h	153.08	+0.126%	$19.0M	$15.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.28	+0.256%	$9K	$27K	5.5x	as long as short