SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0038%/8h= −4.1% APRnext payment −$0.05 per $10,000 · paid last 24h +0.041%

Price spread now: Deribit against SoDEX+0.007%7-day average +0.013% · 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−$55as in the Price arb table

costs, in and out, $10k−$550.546% of the position

Long on SoDEX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.059%+$6 on $10k

Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.007%, 7d avg +0.013%

Together, before fees+0.088%+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.059%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SPCX-USD	152.45	0.0050	pay 0.0006% / 1h	15m 02s	$1.7M	$99K	20x
Short	Deribit SPCX_USDC-PERPETUAL	152.46	0.0012	get 0.0002% / 1h	15m 02s	$86K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against SoDEX. 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 SoDEXbpFee DeribitbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$7.89
Price spread: +0.007% → +0.013%: −$0.68
Slippage, 4 orders: −$39.58
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$63.14
Costs to cover: 0.546%
Break-even: never at this rate

Slippage from SoDEX: live order book, 4 min ago; Deribit: live order book, 4 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 SoDEX live order book, 4 min ago	0.33 bp	18.1 bp −$18	56.3 bp −$563	doesn't fit	doesn't fit
Sell Deribit live order book, 4 min ago	5.25 bp	9.1 bp −$9	11.3 bp −$113	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 −0.0265% / S +0.0494%	1h	152.38	−0.043%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.49	+0.026%	$96.3M	$31.6M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.55	+0.066%	$31.3M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.171%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.55	+0.066%	$300K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.71	+0.171%	$8K	$919K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.58	+0.085%	$1.3M	$1.8M	75x	as long as short
Deribit SPCX_USDC-PERPETUALshort	+0.0012%	1h	152.46	+0.007%	$86K	$1.2M	10x
Bybit SPCXUSDT	+0.0016%	8h	152.48	+0.020%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0023%	8h	152.54	+0.059%	$1.9M	$1.3M	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	+0.0029%	1h	152.36	−0.057%	$7K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.41	−0.026%	$2.5M	$7.4M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.38	−0.046%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.50	+0.033%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.46	+0.007%	$493K	$1.2M	10x	as long as short
SoDEX SPCX-USDlong	+0.0050%	1h	152.45	long leg	$1.7M	$99K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.47	+0.013%	$531K	$391K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.22	−0.151%	$3.2M	$2.4M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.51	+0.039%	$1.2M	$5.7M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0057%	8h	152.52	+0.044%	$101	—	5x	as long as short
Lighter SPCX	+0.0080%	1h	152.43	−0.013%	$1.6M	$7.4M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.40	−0.033%	$169K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.34	−0.072%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.37	−0.052%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.51	+0.039%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.51	+0.041%	$88	—	10x	as long as short
tradeXYZ xyz:SPCX	+0.0109%	1h	152.39	−0.039%	$131.3M	$128.3M	20x	as long as short
Variational Omni SPCX	+0.0134%	8h	152.48	+0.019%	$6.0M	$2.9M	—	as long as short
Binance SPCXUSDT	+0.0143%	8h	152.50	+0.033%	$250.5M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.45	−0.002%	$732K	$4.7M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0147%	8h	152.50	+0.033%	$39.4M	$166.4M	75x	as long as short
Nado SPCX-PERP	+0.0203%	1h	152.43	−0.011%	$613K	$802K	20x	as long as short
Bullet SPCX-USD	+0.0213%	1h	152.51	+0.039%	$11K	$192K	10x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	152.54	+0.060%	$408K	$517K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.007%	$739K	$931K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	152.37	−0.052%	$443K	$264K	15x	as long as short
edgeX SPCXUSDC	+0.0370%	4h	152.46	+0.005%	$1.7M	$893K	20x	as long as short
Aster SPCXUSD1	+0.0417%	8h	152.57	+0.080%	$18.9M	$24.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.19	+0.485%	$9K	$28K	5.5x	as long as short