Funding you earn now, next payment 08:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.013%
Price spread now: Arcus against Ondo Perps+0.053%7-day average −0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.053%, 7d avg −0.002%
=Together, before fees−0.047%+ Points / potential airdropOndo Perps: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.054% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of −0.002%): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 18 days. At the pace of the last 4 days (−0.005% in total) that is about 39 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps SPCX-USD.P | 152.17 | 0.0050 | pay 0.0006% / 1h | 55m 36s | $3.2M | $2.2M | 10x |
| Short | Arcus SPCX-USD | 152.25 | 0.0040 | get 0.0005% / 1h | 55m 36s | $103K | $298K | 5x |
Ondo Perps SPCX-USD.P
Arcus SPCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$2.13
- Price spread: +0.053% → −0.002%
- $5.42
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$6.2
- Costs to cover
- 0.095%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Arcus: live order book, 48 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Arcus live order book, 48 min ago | 6.89 bp | 10.3 bp −$10 | 13.9 bp −$139 | doesn't fit | doesn't fit |
Ondo Perps: 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 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 −0.0234% / S +0.0471% | 1h | 152.25 | +0.049% | $90K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.29 | +0.079% | $96.1M | $31.7M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.36 | +0.125% | $31.2M | $66.2M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.382% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.35 | +0.118% | $300K | $2.7M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.52 | +0.230% | $8K | $894K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.42 | +0.164% | $1.3M | $1.8M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0015% | 8h | 152.32 | +0.099% | $30.6M | $42.7M | 100x | as long as short |
| BloFin SPCX-USDT | +0.0026% | 8h | 152.41 | +0.158% | $1.9M | $1.2M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0029% | 1h | 152.20 | +0.018% | $7K | $8K | 10x | as long as short |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Bybit SPCXUSDT
BloFin SPCX-USDT
Aftermath Perps SPCXUSDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SPCX | +0.0032% | 1h | 152.26 | +0.059% | $2.5M | $7.2M | 20x | as long as short |
| Arcus SPCX-USDshort | +0.0040% | 1h | 152.25 | +0.053% | $103K | $298K | 5x | |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.30 | +0.085% | — | $1.2M | 10x | as long as short |
| Lighter SPCX | +0.0048% | 1h | 152.27 | +0.066% | $1.6M | $7.3M | 20x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.23 | +0.039% | $130.0M | $129.1M | 20x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.28 | +0.072% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.33 | +0.105% | $530K | $375K | 50x | as long as short |
| Ondo Perps SPCX-USD.Plong | +0.0050% | 1h | 152.17 | long leg | $3.2M | $2.2M | 10x | |
| QFEX SPCX-USD | +0.0070% | 1h | 152.27 | +0.066% | $1.2M | $5.5M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0073% | 1h | 152.31 | +0.092% | $487K | $1.2M | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.21 | +0.026% | $168K | $120K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.19 | +0.013% | $13.0M | $5.6M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.21 | +0.026% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.36 | +0.125% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.33 | +0.103% | $88 | — | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0120% | 8h | 152.30 | +0.086% | $101 | — | 5x | as long as short |
| Bullet SPCX-USD | +0.0128% | 1h | 152.32 | +0.099% | $11K | $192K | 10x | as long as short |
| Variational Omni SPCX | +0.0132% | 8h | 152.31 | +0.090% | $5.9M | $2.8M | — | as long as short |
| Extended SPCX-USD | +0.0144% | 1h | 152.28 | +0.069% | $724K | $3.6M | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0144% | 1h | 152.29 | +0.079% | $90K | $1.3M | 10x | as long as short |
| Binance SPCXUSDT | +0.0145% | 8h | 152.30 | +0.083% | $251.8M | $1.36B | 75x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0156% | 8h | 152.33 | +0.105% | $39.6M | $166.5M | 75x | as long as short |
| Nado SPCX-PERP | +0.0177% | 1h | 152.24 | +0.048% | $627K | $804K | 20x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.35 | +0.118% | $443K | $266K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0240% | 1h | 152.34 | +0.112% | $725K | $931K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0411% | 8h | 152.41 | +0.160% | $18.9M | $28.6M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.61 | +0.289% | $9K | $28K | 5.5x | as long as short |
| RISEx SPCX/USDC | +0.0445% | 1h | 152.37 | +0.131% | $392K | $507K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0932% | 4h | 152.31 | +0.090% | $1.7M | $891K | 20x | as long as short |
Lighter RH SPCX
Vest SPCX-USD-PERP
Lighter SPCX
tradeXYZ xyz:SPCX
SoDEX SPCX-USD
Phemex SPCXUSDT
QFEX SPCX-USD
Polymarket Perps SPCX-USD
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Paradex SPCX-USD-PERP
Bullet SPCX-USD
Variational Omni SPCX
Extended SPCX-USD
Deribit SPCX_USDC-PERPETUAL
Binance SPCXUSDT
OKX SPCX-USDT-SWAP
Nado SPCX-PERP
Phoenix SPCX
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
Injective SPCX/USDC PERP
RISEx SPCX/USDC
edgeX SPCXUSDC