SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.09 per $10,000 · paid last 24h −0.009%

Price spread now: Deribit against RISEx−0.020%7-day average −0.051% · 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−$23as in the Price arb table

costs, in and out, $10k−$260.260% of the position

Long on RISEx Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.012%+$1 on $10k

Price spread, last 4 days (all we have)−0.147%−$15 · spread now −0.020%, 7d avg −0.051%

Together, before fees−0.135%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Deribit is 0.031% dearer against RISEx than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.051%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SPCX/USDC	152.81	0.0068	pay 0.0008% / 1h	56m 20s	$382K	$507K	20x
Short	Deribit SPCX_USDC-PERPETUAL	152.78	0.0143	get 0.0018% / 1h	56m 20s	$82K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.020%Rate

Funding earned: $15.75
Price spread: −0.020% → −0.051%: $3.13
Slippage, 4 orders: −$13.01
Fee RISEx: 3 bp × 2 orders: −$6
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$7.13
Costs to cover: 0.260%
Break-even: 10.2 days

Slippage from RISEx: live order book, 37 min ago; Deribit: live order book, 3 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, 37 min ago	1.64 bp	4.6 bp −$5	5.5 bp −$55	doesn't fit	doesn't fit
Sell Deribit live order book, 3 min ago	0.33 bp	3.8 bp −$4	6.8 bp −$68	doesn't fit	doesn't fit

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]	L −0.0187% / S +0.0435%	1h	152.74	−0.049%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0025%	8h	152.80	−0.006%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.80	−0.006%	$30.4M	$43.3M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.77	−0.026%	$96.1M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.84	+0.020%	$31.0M	$66.8M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.71	−0.065%	$305K	$2.6M	20x	as long as short
Bullet SPCX-USD	0.0000%	1h	152.80	−0.003%	$11K	$191K	10x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.12	+0.203%	$8K	$840K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.84	+0.020%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0013%	1h	152.71	−0.062%	$7K	$7K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USD	+0.0031%	1h	152.76	−0.033%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.73	−0.052%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.70	−0.072%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.71	−0.065%	$103K	$295K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.79	−0.013%	—	$1.3M	10x	as long as short
Nado SPCX-PERP	+0.0048%	1h	152.73	−0.051%	$634K	$807K	20x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.71	−0.065%	$129.6M	$130.4M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.78	−0.020%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.76	−0.033%	$1.7M	$100K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.77	−0.026%	$531K	$363K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.67	−0.091%	$3.1M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0056%	8h	152.77	−0.024%	$101	—	5x	as long as short
RISEx SPCX/USDClong	+0.0068%	1h	152.81	long leg	$382K	$507K	20x
Variational Omni SPCX	+0.0081%	8h	152.78	−0.022%	$5.9M	$2.7M	—	as long as short
Binance SPCXUSDT	+0.0093%	8h	152.80	−0.004%	$252.2M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0096%	1h	152.77	−0.029%	$723K	$5.4M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.70	−0.072%	$169K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.70	−0.072%	$13.0M	$5.9M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.84	+0.020%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.79	−0.013%	$15K	$7K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0102%	8h	152.81	0.000%	$39.4M	$168.9M	75x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.77	−0.028%	$89	—	10x	as long as short
Deribit SPCX_USDC-PERPETUALshort	+0.0143%	1h	152.78	−0.020%	$82K	$1.4M	10x
Coinbase International SPCX-PERP-INTX	+0.0184%	1h	152.67	−0.091%	$687K	$1.0M	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.73	−0.052%	$449K	$271K	15x	as long as short
Aster SPCXUSD1	+0.0397%	8h	152.94	+0.083%	$19.0M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.78	−0.020%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0849%	4h	152.77	−0.024%	$1.7M	$888K	20x	as long as short