SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.05 per $10,000 · paid last 24h −0.034%

Price spread now: Bullet against RISEx−0.005%7-day average −0.030% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$200.205% of the position

Long on RISEx Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.236%+$24 · spread now −0.005%, 7d avg −0.030%

Together, before fees+0.238%+$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bullet is 0.025% dearer against RISEx than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.030%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SPCX/USDC	152.67	0.0068	pay 0.0008% / 1h	8m 52s	$351K	$518K	20x
Short	Bullet SPCX-USD	152.66	0.0106	get 0.0013% / 1h	8m 52s	$12K	$191K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet against RISEx. 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 RISExbpFee BulletbpOrdersPrice spread, now −0.005%Rate

Funding earned: $7.91
Price spread: −0.005% → −0.030%: $2.5
Slippage, 4 orders: −$6.49
Fee RISEx: 3 bp × 2 orders: −$6
Fee Bullet: 4 bp × 2 orders: −$8
Net: −$10.07
Costs to cover: 0.205%
Break-even: 15.9 days

Slippage from RISEx: live order book, 42 min ago; Bullet: live order book, 43 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 RISEx live order book, 42 min ago	0.33 bp	3.3 bp −$3	4.5 bp −$45	doesn't fit	doesn't fit
Sell Bullet live order book, 43 min ago	0.65 bp	5.6 bp −$6	19.9 bp −$199	doesn't fit	doesn't fit

SPCX on 38 exchanges

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	152.54	−0.080%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0060%	8h	152.66	−0.005%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.67	+0.001%	$30.3M	$43.4M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.63	−0.025%	$96.2M	$32.6M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.70	+0.021%	$31.0M	$67.0M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.62	−0.031%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.94	+0.178%	$8K	$826K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.56	−0.071%	$50K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.74	+0.047%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0020%	1h	152.58	−0.058%	$7K	$7K	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SPCX	+0.0030%	8h	152.58	−0.057%	$5.9M	$2.7M	—	as long as short
QFEX SPCX-USD	+0.0031%	1h	152.61	−0.038%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.58	−0.058%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.56	−0.071%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.57	−0.064%	$103K	$295K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.59	−0.051%	—	$1.3M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.55	−0.077%	$128.8M	$129.2M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.66	−0.005%	$488K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.59	−0.051%	$1.7M	$102K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.62	−0.031%	$532K	$364K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.46	−0.136%	$3.1M	$2.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0051%	8h	152.65	−0.009%	$101	—	5x	as long as short
Binance SPCXUSDT	+0.0060%	8h	152.66	−0.005%	$252.1M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0064%	1h	152.61	−0.038%	$724K	$5.4M	10x	as long as short
RISEx SPCX/USDClong	+0.0068%	1h	152.67	long leg	$351K	$518K	20x
OKX SPCX-USDT-SWAP	+0.0091%	8h	152.69	+0.015%	$39.4M	$168.6M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.62	−0.031%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.57	−0.064%	$13.0M	$6.1M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.59	−0.051%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.63	−0.025%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.59	−0.050%	$89	—	10x	as long as short
Bullet SPCX-USDshort	+0.0106%	1h	152.66	−0.005%	$12K	$191K	10x
Nado SPCX-PERP	+0.0117%	1h	152.59	−0.054%	$632K	$806K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0184%	1h	152.52	−0.097%	$689K	$1.0M	10x	as long as short
Phoenix SPCX	+0.0209%	1h	152.63	−0.025%	$448K	$271K	15x	as long as short
edgeX SPCXUSDC	+0.0307%	4h	152.57	−0.062%	$1.7M	$889K	20x	as long as short
Aster SPCXUSD1	+0.0386%	8h	152.78	+0.074%	$19.0M	$30.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.78	+0.073%	$9K	$28K	5.5x	as long as short