SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.24 per $10,000 · paid last 24h +0.034%

Price spread now: Coinbase International against tradeXYZ+0.066%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$350.347% of the position

Long on tradeXYZ Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.328%+$33 on $10k

Price spread, last 4 days (all we have)−0.105%−$10 · spread now +0.066%, 7d avg +0.054%

Together, before fees+0.224%+ Points / potential airdroptradeXYZ: Active · farm board+$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.054%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SPCX	152.24	0.0050	pay 0.0006% / 1h	57m 01s	$130.0M	$129.1M	20x
Short	Coinbase International SPCX-PERP-INTX	152.34	0.0240	get 0.0030% / 1h	57m 01s	$725K	$931K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against tradeXYZ. 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 tradeXYZbpFee Coinbase InternationalbpOrdersPrice spread, now +0.066%Rate

Funding earned: $39.9
Price spread: +0.066% → +0.054%: $1.15
Slippage, 4 orders: −$6.73
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $6.32
Costs to cover: 0.347%
Break-even: 5.9 days

Slippage from tradeXYZ: live order book, 13 min ago; Coinbase International: live order book, 46 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 tradeXYZ live order book, 13 min ago	0.33 bp	9.3 bp −$9	10.3 bp −$103	12.8 bp −$1,279	doesn't fit
Sell Coinbase International live order book, 46 min ago	2.95 bp	8.1 bp −$8	10.5 bp −$105	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 −0.0234% / S +0.0471%	1h	152.25	+0.003%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.30	+0.039%	$96.1M	$31.7M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.36	+0.079%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.328%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.37	+0.085%	$300K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.52	+0.184%	$8K	$894K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.42	+0.118%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0015%	8h	152.34	+0.066%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0026%	8h	152.41	+0.112%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0029%	1h	152.28	+0.025%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.26	+0.013%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.25	+0.007%	$103K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.31	+0.046%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCXlong	+0.0050%	1h	152.24	long leg	$130.0M	$129.1M	20x
SoDEX SPCX-USD	+0.0050%	1h	152.29	+0.033%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.34	+0.066%	$530K	$375K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.17	−0.046%	$3.2M	$2.2M	10x	as long as short
Lighter SPCX	+0.0064%	1h	152.28	+0.026%	$1.6M	$7.3M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0066%	1h	152.31	+0.046%	$487K	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.29	+0.033%	$1.2M	$5.5M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.23	−0.007%	$168K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.20	−0.026%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.21	−0.020%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.36	+0.079%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.33	+0.056%	$88	—	10x	as long as short
Paradex SPCX-USD-PERP	+0.0123%	8h	152.31	+0.046%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0134%	8h	152.32	+0.051%	$5.9M	$2.8M	—	as long as short
Bullet SPCX-USD	+0.0140%	1h	152.33	+0.059%	$11K	$192K	10x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.29	+0.031%	$724K	$3.6M	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.28	+0.026%	$90K	$1.3M	10x	as long as short
Binance SPCXUSDT	+0.0146%	8h	152.33	+0.060%	$251.9M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0156%	8h	152.34	+0.066%	$39.6M	$166.5M	75x	as long as short
Nado SPCX-PERP	+0.0169%	1h	152.25	+0.007%	$627K	$804K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.35	+0.072%	$443K	$266K	15x	as long as short
Coinbase International SPCX-PERP-INTXshort	+0.0240%	1h	152.34	+0.066%	$725K	$931K	10x
Aster SPCXUSD1	+0.0412%	8h	152.46	+0.144%	$18.9M	$28.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.61	+0.243%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.38	+0.092%	$392K	$507K	20x	as long as short
edgeX SPCXUSDC	+0.0884%	4h	152.33	+0.056%	$1.7M	$890K	20x	as long as short