SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0188%/8h= +20.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.031%

Price spread now: Deribit against tradeXYZ+0.007%7-day average +0.049% · 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−$42as in the Price arb table

costs, in and out, $10k−$380.380% of the position

Long on tradeXYZ Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.113%+$11 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.007%, 7d avg +0.049%

Together, before fees+0.060%+ Points / potential airdroptradeXYZ: Active · farm board+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Deribit is 0.043% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.049%). If the spread goes back, that is −$4 on $10k: about 18 hours of funding at the current rate (+$6 a day). At the pace of the last 5 days (+0.113% in total) that is about 44 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SPCX	152.66	0.0283	pay 0.0035% / 1h	38m 12s	$141.0M	$119.3M	20x
Short	Deribit SPCX_USDC-PERPETUAL	152.67	0.0471	get 0.0059% / 1h	38m 12s	$84K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.007%Rate

Funding earned: $39.4
Price spread: +0.007% → +0.049%: −$4.29
Slippage, 4 orders: −$12.96
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$2.85
Costs to cover: 0.380%
Break-even: 7.5 days

Slippage from tradeXYZ: live order book, 12 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 tradeXYZ live order book, 12 min ago	0.33 bp	9.3 bp −$9	10.8 bp −$108	15.9 bp −$1,590	doesn't fit
Sell Deribit live order book, 1 min ago	5.57 bp	9.7 bp −$10	11.0 bp −$110	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 −0.0214% / S +0.0456%	1h	152.66	+0.003%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.68	+0.013%	$96.1M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.72	+0.039%	$31.7M	$65.4M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.016%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.79	+0.085%	$301K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.94	+0.183%	$8K	$928K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.77	+0.072%	$1.3M	$1.7M	75x	as long as short
Bybit SPCXUSDT	+0.0023%	8h	152.71	+0.033%	$30.7M	$42.6M	100x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.63	−0.020%	$2.5M	$7.3M	20x	as long as short
Aftermath Perps SPCXUSD	+0.0034%	1h	152.68	+0.015%	$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
BloFin SPCX-USDT	+0.0038%	8h	152.76	+0.066%	$1.9M	$1.3M	75x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.72	+0.039%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.65	−0.007%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.67	+0.007%	$1.7M	$97K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.68	+0.013%	$531K	$392K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.60	−0.039%	$3.2M	$2.4M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.68	+0.013%	$1.2M	$5.8M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0058%	1h	152.66	0.000%	$495K	$1.2M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.61	−0.033%	$169K	$121K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.61	−0.033%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.77	+0.072%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.72	+0.039%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.70	+0.027%	$89	—	10x	as long as short
Paradex SPCX-USD-PERP	+0.0105%	8h	152.71	+0.031%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0142%	8h	152.85	+0.123%	$6.0M	$2.9M	—	as long as short
Lighter SPCX	+0.0152%	1h	152.66	0.000%	$1.6M	$7.3M	20x	as long as short
Binance SPCXUSDT	+0.0158%	8h	152.71	+0.031%	$248.3M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0160%	8h	152.70	+0.026%	$39.5M	$165.9M	75x	as long as short
Extended SPCX-USD	+0.0160%	1h	152.65	−0.004%	$738K	$3.8M	10x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	152.74	+0.055%	$409K	$517K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.90	+0.157%	$741K	$939K	10x	as long as short
Nado SPCX-PERP	+0.0251%	1h	152.58	−0.051%	$615K	$810K	20x	as long as short
Phoenix SPCX	+0.0261%	1h	152.85	+0.124%	$444K	$264K	15x	as long as short
Bullet SPCX-USD	+0.0278%	1h	152.70	+0.026%	$11K	$192K	10x	as long as short
tradeXYZ xyz:SPCXlong	+0.0283%	1h	152.66	long leg	$141.0M	$119.3M	20x
Aster SPCXUSD1	+0.0433%	8h	152.79	+0.088%	$19.0M	$23.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.17	+0.334%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUALshort	+0.0471%	1h	152.67	+0.007%	$84K	$1.2M	10x
edgeX SPCXUSDC	+0.0744%	4h	152.85	+0.123%	$1.7M	$891K	20x	as long as short