SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0231%/8h= −25.3% APRnext payment −$0.29 per $10,000 · paid last 24h −0.042%

Price spread now: Aftermath Perps against Phoenix−0.028%63s7-day average — · you buy dearer than you sell

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

Long on Phoenix Short on Aftermath Perps

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—needs both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aftermath Perps is 0.028% cheaper against Phoenix than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix SPCX	152.41	0.0261	pay 0.0033% / 1h	19m 40s	$443K	$264K	15x
Short	Aftermath Perps SPCXUSD	152.37	0.0031	get 0.0004% / 1h	19m 40s	$7K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Phoenix. 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 PhoenixbpFee Aftermath PerpsbpOrdersPrice spread, now −0.028%Rate

Funding earned: −$48.46
Price spread: −0.028% → 0.000%: −$2.8
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$67.26
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Phoenix: live order book, 33 min ago; Aftermath Perps: 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 Phoenix live order book, 33 min ago	0.33 bp	7.5 bp −$8	23.4 bp −$234	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath 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 −0.0265% / S +0.0494%	1h	152.31	−0.069%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.37	−0.026%	$96.2M	$31.5M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.44	+0.020%	$31.3M	$65.8M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.202%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.45	+0.026%	$300K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.70	+0.190%	$8K	$920K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.45	+0.026%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0015%	8h	152.40	−0.007%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0024%	8h	152.45	+0.026%	$1.9M	$1.3M	75x	as long as short
Aftermath Perps SPCXUSDshort	+0.0031%	1h	152.37	−0.028%	$7K	$8K	10x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.30	−0.072%	$2.5M	$7.4M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.36	−0.033%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.38	−0.020%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.38	−0.020%	$495K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.37	−0.026%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.41	0.000%	$532K	$392K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.15	−0.171%	$3.2M	$2.4M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.39	−0.013%	$1.2M	$5.7M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0057%	8h	152.43	+0.016%	$101	—	5x	as long as short
Lighter SPCX	+0.0096%	1h	152.34	−0.046%	$1.6M	$7.4M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.31	−0.066%	$168K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.31	−0.066%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.34	−0.046%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.35	−0.039%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.35	−0.042%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0131%	8h	152.45	+0.025%	$6.0M	$2.9M	—	as long as short
tradeXYZ xyz:SPCX	+0.0137%	1h	152.27	−0.092%	$131.3M	$128.2M	20x	as long as short
Binance SPCXUSDT	+0.0144%	8h	152.42	+0.007%	$250.5M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.36	−0.030%	$732K	$3.8M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0146%	8h	152.42	+0.007%	$39.4M	$166.3M	75x	as long as short
Nado SPCX-PERP	+0.0209%	1h	152.31	−0.065%	$613K	$802K	20x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	152.45	+0.026%	$408K	$517K	20x	as long as short
Bullet SPCX-USD	+0.0218%	1h	152.43	+0.013%	$12K	$192K	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	+0.020%	$739K	$931K	10x	as long as short
Phoenix SPCXlong	+0.0261%	1h	152.41	long leg	$443K	$264K	15x
Aster SPCXUSD1	+0.0419%	8h	152.45	+0.025%	$18.9M	$24.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.19	+0.512%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0472%	1h	152.38	−0.020%	$86K	$1.2M	10x	as long as short
edgeX SPCXUSDC	+0.0955%	4h	152.36	−0.031%	$1.7M	$892K	20x	as long as short