SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0601%/8h= +65.8% APRnext payment +$0.75 per $10,000 · paid last 24h +0.046%

Price spread now: Deribit against StandX+0.052%7-day average −0.012% · 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−$35as in the Price arb table

costs, in and out, $10k−$410.411% of the position

Long on StandX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.104%+$10 on $10k

Price spread, last 3 days (all we have)−0.039%−$4 · spread now +0.052%, 7d avg −0.012%

Together, before fees+0.065%+ Points / potential airdropStandX: Active · farm board+$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Deribit is 0.064% dearer against StandX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.012%.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.104% in total (about 8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.75 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	StandX SPCX-USD	152.89	0	get 0.0000% / 1h	38m 07s	$302K	$3.1M	20x
Short	Deribit SPCX_USDC-PERPETUAL	152.97	0.0601	get 0.0075% / 1h	38m 07s	$71K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against StandX. 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 StandXbpFee DeribitbpOrdersPrice spread, now +0.052%Rate

Funding earned: $126.12
Price spread: +0.052% → −0.012%: $6.38
Slippage, 4 orders: −$26.05
Fee StandX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $91.45
Costs to cover: 0.411%
Break-even: 1.9 days

Slippage from StandX: live order book, 1 min ago; Deribit: live order book, 1 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 StandX live order book, 1 min ago	4.57 bp	8.8 bp −$9	13.2 bp −$132	doesn't fit	doesn't fit
Sell Deribit live order book, 1 min ago	7.19 bp	11.1 bp −$11	15.6 bp −$156	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 −0.0272% / S +0.0488%	1h	152.96	+0.043%	$89K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.97	+0.052%	$96.6M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.51	+12.834%	$4K	$882	10x	as long as short
StandX SPCX-USDlong	0.0000%	1h	152.89	long leg	$302K	$3.1M	20x
SunX SPCX-USDT	0.0000%	8h	153.19	+0.196%	$8K	$971K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.98	+0.059%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0030%	1h	152.96	+0.043%	$8K	$10K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.89	0.000%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.852%	$9K	$27K	5.5x	as long as short
Lighter SPCX	+0.0040%	1h	152.92	+0.020%	$1.6M	$7.4M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus SPCX-USD	+0.0040%	1h	152.92	+0.020%	$106K	$296K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.92	+0.020%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.95	+0.039%	$490K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.97	+0.052%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.98	+0.059%	$538K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.90	+0.007%	$3.2M	$2.7M	10x	as long as short
QFEX SPCX-USD	+0.0052%	1h	152.95	+0.039%	$1.2M	$7.6M	10x	as long as short
BloFin SPCX-USDT	+0.0073%	8h	152.99	+0.065%	$1.9M	$1.4M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0079%	8h	152.98	+0.059%	$101	—	5x	as long as short
Bullet SPCX-USD	+0.0097%	1h	152.98	+0.059%	$11K	$188K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.90	+0.007%	$173K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.84	−0.033%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.89	0.000%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.98	+0.059%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.98	+0.056%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0142%	8h	153.01	+0.078%	$30.8M	$42.7M	100x	as long as short
Variational Omni SPCX	+0.0177%	8h	152.96	+0.043%	$6.0M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0190%	8h	153.00	+0.072%	$39.0M	$169.4M	75x	as long as short
Extended SPCX-USD	+0.0192%	1h	152.97	+0.052%	$734K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0193%	8h	152.99	+0.067%	$253.9M	$1.38B	75x	as long as short
edgeX SPCXUSDC	+0.0248%	4h	152.95	+0.038%	$1.7M	$892K	20x	as long as short
tradeXYZ xyz:SPCX	+0.0253%	1h	152.93	+0.026%	$143.6M	$118.4M	20x	as long as short
Phoenix SPCX	+0.0261%	1h	152.96	+0.046%	$446K	$269K	15x	as long as short
Nado SPCX-PERP	+0.0274%	1h	152.86	−0.022%	$602K	$884K	20x	as long as short
Aster SPCXUSD1	+0.0279%	8h	153.05	+0.101%	$19.0M	$21.3M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.97	+0.052%	$733K	$970K	10x	as long as short
Bitget SPCXUSDT	+0.0306%	8h	153.00	+0.072%	$31.3M	$67.2M	75x	as long as short
RISEx SPCX/USDC	+0.0339%	1h	153.02	+0.087%	$403K	$538K	20x	as long as short
Deribit SPCX_USDC-PERPETUALshort	+0.0601%	1h	152.97	+0.052%	$71K	$1.0M	10x