SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.08 per $10,000 · paid last 24h +0.025%

Price spread now: Nado against tradeXYZ−0.034%7-day average +0.074% · 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−$42as in the Price arb table

costs, in and out, $10k−$320.316% of the position

Long on tradeXYZ Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.029%+$3 on $10k

Price spread, last 7 days+0.138%+$14 · spread now −0.034%, 7d avg +0.074%

Together, before fees+0.167%+ Points / potential airdroptradeXYZ: Active · Nado: Active · farm board+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.107% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.074%). If the spread goes back, that is −$11 on $10k: about 5.9 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.029% in total) that is about 12 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SPCX	152.96	0.0187	pay 0.0023% / 1h	13m 10s	$142.3M	$119.1M	20x
Short	Nado SPCX-PERP	152.91	0.0247	get 0.0031% / 1h	13m 10s	$622K	$838K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.034%Rate

Funding earned: $12.66
Price spread: −0.034% → +0.074%: −$10.75
Slippage, 4 orders: −$6.64
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$29.73
Costs to cover: 0.316%
Break-even: 23.4 days

Slippage from tradeXYZ: live order book, 7 min ago; Nado: live order book, 55 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, 7 min ago	0.33 bp	9.3 bp −$9	11.0 bp −$110	doesn't fit	doesn't fit
Sell Nado live order book, 55 min ago	0.33 bp	6.6 bp −$7	16.5 bp −$165	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 −0.0349% / S +0.0543%	1h	152.97	+0.003%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.98	+0.013%	$96.0M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.789%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.94	−0.013%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.33	+0.242%	$8K	$944K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.06	+0.065%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.99	+0.021%	$8K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.93	−0.020%	$2.5M	$7.3M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	153.32	+0.235%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.98	+0.013%	$105K	$297K	5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SPCX-USD-PERP	+0.0046%	1h	152.99	+0.020%	—	$1.2M	10x	as long as short
Lighter SPCX	+0.0048%	1h	152.95	−0.007%	$1.6M	$7.2M	20x	as long as short
QFEX SPCX-USD	+0.0049%	1h	153.00	+0.026%	$1.2M	$6.7M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.96	0.000%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.97	+0.007%	$1.7M	$91K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.00	+0.026%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.84	−0.078%	$3.2M	$2.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0090%	8h	153.02	+0.039%	$101	—	5x	as long as short
Bybit SPCXUSDT	+0.0090%	8h	152.96	0.000%	$30.8M	$42.9M	100x	as long as short
Pacifica SPCX	+0.0100%	1h	152.89	−0.046%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.95	−0.007%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	−0.020%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.05	+0.059%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.00	+0.024%	$89	—	10x	as long as short
Bitget SPCXUSDT	+0.0129%	8h	153.06	+0.065%	$31.7M	$66.2M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0142%	1h	152.95	−0.007%	$72K	$1.1M	10x	as long as short
Bullet SPCX-USD	+0.0181%	1h	153.01	+0.033%	$11K	$190K	10x	as long as short
tradeXYZ xyz:SPCXlong	+0.0187%	1h	152.96	long leg	$142.3M	$119.1M	20x
OKX SPCX-USDT-SWAP	+0.0198%	8h	153.00	+0.026%	$39.4M	$168.7M	75x	as long as short
Variational Omni SPCX	+0.0208%	8h	153.07	+0.070%	$6.0M	$3.3M	—	as long as short
Binance SPCXUSDT	+0.0221%	8h	152.98	+0.013%	$252.7M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0224%	1h	152.96	+0.001%	$736K	$3.8M	10x	as long as short
Nado SPCX-PERPshort	+0.0247%	1h	152.91	−0.034%	$622K	$838K	20x
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	152.97	+0.007%	$738K	$973K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.04	+0.052%	$445K	$270K	15x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.04	+0.056%	$408K	$539K	20x	as long as short
Aster SPCXUSD1	+0.0414%	8h	153.12	+0.104%	$19.0M	$15.1M	20x	as long as short
edgeX SPCXUSDC	+0.0602%	4h	153.03	+0.045%	$1.7M	$894K	20x	as long as short