SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0485%/8h= −53.1% APRnext payment −$0.61 per $10,000 · paid last 24h −0.153%

Price spread now: GMX against Ondo Perps+0.023%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps 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—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

The price spread pays, funding is against you. GMX is 0.023% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 4 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps SPCX-USD.P	152.11	0.0050	pay 0.0006% / 1h	36m 17s	$3.1M	$2.2M	10x
Short	GMX SPCX/USD [ETH-USDC]	152.15	L −0.0187% / S +0.0435%	pay 0.0054% / 1h	36m 17s	$90K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 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 Ondo PerpsbpFee GMXbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$101.91
Price spread: +0.023% → 0.000%: $2.3
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: −$116.61
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Ondo Perps and 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	152.15	+0.023%	$90K	—	20x
BloFin SPCX-USDT	−0.0015%	8h	152.31	+0.131%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.22	+0.072%	$30.4M	$43.0M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.19	+0.053%	$96.2M	$32.1M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.23	+0.079%	$31.0M	$66.8M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.26	+0.099%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.56	+0.296%	$8K	$856K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.36	+0.164%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0019%	1h	152.18	+0.044%	$7K	$7K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.17	+0.039%	$1.6M	$7.4M	20x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.16	+0.033%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.21	+0.066%	$1.2M	$5.4M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.18	+0.046%	$102K	$299K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.24	+0.085%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.14	+0.020%	$129.7M	$129.3M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.11	0.000%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.21	+0.066%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.23	+0.079%	$529K	$363K	50x	as long as short
Ondo Perps SPCX-USD.Plong	+0.0050%	1h	152.11	long leg	$3.1M	$2.2M	10x
Paradex SPCX-USD-PERP	+0.0062%	8h	152.23	+0.081%	$100	—	5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0079%	1h	152.20	+0.059%	$86K	$1.4M	10x	as long as short
Nado SPCX-PERP	+0.0079%	1h	152.18	+0.043%	$635K	$813K	20x	as long as short
Bullet SPCX-USD	+0.0080%	1h	152.22	+0.075%	$11K	$192K	10x	as long as short
Variational Omni SPCX	+0.0087%	8h	152.24	+0.085%	$5.9M	$2.8M	—	as long as short
Pacifica SPCX	+0.0100%	1h	152.15	+0.026%	$168K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.15	+0.026%	$12.9M	$5.7M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.15	+0.026%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.25	+0.092%	$14K	$7K	10x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.20	+0.059%	$725K	$5.3M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.22	+0.069%	$88	—	10x	as long as short
Binance SPCXUSDT	+0.0105%	8h	152.24	+0.085%	$253.2M	$1.37B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0117%	8h	152.24	+0.085%	$39.4M	$167.3M	75x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.24	+0.085%	$381K	$506K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.25	+0.092%	$447K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.13	+0.013%	$693K	$992K	10x	as long as short
Aster SPCXUSD1	+0.0383%	8h	152.37	+0.169%	$18.9M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.51	+0.263%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0713%	4h	152.24	+0.086%	$1.7M	$890K	20x	as long as short