SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0374%/8h= +41.0% APRnext payment +$0.47 per $10,000 · paid last 24h +0.056%

Price spread now: RISEx against QFEX+0.049%7-day average +0.062% · 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−$21as in the Price arb table

costs, in and out, $10k−$200.199% of the position

Long on QFEX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.098%+$10 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.049%, 7d avg +0.062%

Together, before fees+0.122%+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.062%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.098% in total (about 9.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.47 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX SPCX-USD	152.28	0.0070	pay 0.0009% / 1h	6m 03s	$1.2M	$5.5M	10x
Short	RISEx SPCX/USDC	152.35	0.0445	get 0.0056% / 1h	6m 03s	$381K	$505K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx against QFEX. 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 QFEXbpFee RISExbpOrdersPrice spread, now +0.049%Rate

Funding earned: $78.59
Price spread: +0.049% → +0.062%: −$1.3
Slippage, 4 orders: −$3.94
Fee QFEX: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: $57.35
Costs to cover: 0.199%
Break-even: 1.9 days

Slippage from QFEX: live order book, 8 min ago; RISEx: live order book, 32 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 QFEX live order book, 8 min ago	0.99 bp	6.0 bp −$6	7.5 bp −$75	doesn't fit	doesn't fit
Sell RISEx live order book, 32 min ago	0.98 bp	4.0 bp −$4	4.9 bp −$49	doesn't fit	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 −0.0187% / S +0.0435%	1h	152.22	−0.036%	$90K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.34	+0.039%	$30.5M	$42.8M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.30	+0.013%	$96.3M	$32.0M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.33	+0.033%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+13.292%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.33	+0.033%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.57	+0.190%	$8K	$888K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.28	0.000%	$89K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.38	+0.066%	$1.3M	$1.8M	75x	as long as short
BloFin SPCX-USDT	+0.0001%	8h	152.31	+0.020%	$1.9M	$1.2M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0022%	1h	152.24	−0.025%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.27	−0.007%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.27	−0.007%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.23	−0.033%	$102K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.33	+0.033%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.23	−0.033%	$129.7M	$129.3M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.26	−0.013%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.29	+0.007%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.29	+0.007%	$529K	$370K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.15	−0.085%	$3.2M	$2.2M	10x	as long as short
QFEX SPCX-USDlong	+0.0070%	1h	152.28	long leg	$1.2M	$5.5M	10x
Paradex SPCX-USD-PERP	+0.0074%	8h	152.32	+0.026%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.23	−0.033%	$168K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.18	−0.066%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.33	+0.033%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.34	+0.039%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.32	+0.028%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0111%	8h	152.30	+0.010%	$5.9M	$2.8M	—	as long as short
Bullet SPCX-USD	+0.0118%	1h	152.33	+0.030%	$11K	$192K	10x	as long as short
Extended SPCX-USD	+0.0120%	1h	152.30	+0.015%	$724K	$5.3M	10x	as long as short
Binance SPCXUSDT	+0.0121%	8h	152.34	+0.038%	$253.3M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0135%	8h	152.34	+0.039%	$39.7M	$166.7M	75x	as long as short
Nado SPCX-PERP	+0.0152%	1h	152.27	−0.009%	$631K	$804K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	+0.039%	$728K	$930K	10x	as long as short
Phoenix SPCX	+0.0368%	1h	152.30	+0.013%	$444K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0389%	8h	152.42	+0.094%	$18.9M	$30.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.58	+0.197%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDCshort	+0.0445%	1h	152.35	+0.049%	$381K	$505K	20x
edgeX SPCXUSDC	+0.0590%	4h	152.29	+0.008%	$1.7M	$889K	20x	as long as short