SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0139%/8h= −15.2% APRnext payment −$0.17 per $10,000 · paid last 24h −0.034%

Price spread now: Polymarket Perps against Nado+0.033%7-day average −0.056% · 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−$16as in the Price arb table

costs, in and out, $10k−$250.252% of the position

Long on Nado Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.026%−$3 on $10k

Price spread, last 7 days−0.132%−$13 · spread now +0.033%, 7d avg −0.056%

Together, before fees−0.158%+ Points / potential airdropNado: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.089% dearer against Nado than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.056%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.1 days. At the pace of the last 3 days (−0.026% in total) that is about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SPCX-PERP	152.37	0.0189	pay 0.0024% / 1h	6m 19s	$613K	$802K	20x
Short	Polymarket Perps SPCX-USD	152.42	0.0050	get 0.0006% / 1h	6m 19s	$489K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$29.23
Price spread: +0.033% → −0.056%: $8.94
Slippage, 4 orders: −$10.17
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$45.47
Costs to cover: 0.252%
Break-even: never at this rate

Slippage from Nado: live order book, 47 min ago; Polymarket Perps: 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 Nado live order book, 47 min ago	0.33 bp	5.7 bp −$6	20.8 bp −$208	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	1.97 bp	6.0 bp −$6	6.5 bp −$65	9.3 bp −$933	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 −0.0265% / S +0.0494%	1h	152.37	−0.003%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.46	+0.059%	$96.3M	$31.6M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.50	+0.086%	$31.3M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.229%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.47	+0.066%	$300K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.63	+0.171%	$8K	$917K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.52	+0.099%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0006%	8h	152.49	+0.079%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0015%	8h	152.44	+0.046%	$1.9M	$1.3M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0029%	1h	152.42	+0.031%	$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 RH SPCX	+0.0032%	1h	152.37	0.000%	$2.5M	$7.4M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.36	−0.006%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.46	+0.059%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USDshort	+0.0050%	1h	152.42	+0.033%	$489K	$1.2M	10x
SoDEX SPCX-USD	+0.0050%	1h	152.45	+0.053%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.43	+0.040%	$531K	$389K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.26	−0.072%	$3.2M	$2.3M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.45	+0.053%	$1.2M	$5.7M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0056%	8h	152.47	+0.068%	$101	—	5x	as long as short
edgeX SPCXUSDC	+0.0059%	4h	152.42	+0.032%	$1.7M	$892K	20x	as long as short
Lighter SPCX	+0.0064%	1h	152.40	+0.020%	$1.6M	$7.5M	20x	as long as short
tradeXYZ xyz:SPCX	+0.0071%	1h	152.37	0.000%	$131.0M	$128.3M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.36	−0.006%	$169K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.31	−0.039%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.37	0.000%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.46	+0.059%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.46	+0.057%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0130%	8h	152.46	+0.057%	$6.0M	$2.9M	—	as long as short
Binance SPCXUSDT	+0.0135%	8h	152.49	+0.079%	$250.4M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0136%	1h	152.45	+0.053%	$731K	$4.6M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0140%	8h	152.51	+0.092%	$39.4M	$166.3M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.43	+0.040%	$87K	$1.2M	10x	as long as short
Nado SPCX-PERPlong	+0.0189%	1h	152.37	long leg	$613K	$802K	20x
Bullet SPCX-USD	+0.0194%	1h	152.48	+0.073%	$11K	$192K	10x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	152.47	+0.069%	$408K	$522K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	+0.046%	$739K	$931K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	152.42	+0.033%	$443K	$264K	15x	as long as short
Aster SPCXUSD1	+0.0407%	8h	152.57	+0.129%	$18.9M	$24.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.19	+0.538%	$9K	$28K	5.5x	as long as short