SPCX Funding Rate — SpaceX tokenized stock perpetuals across 19 venues
Tokenized stock (xStock) perpetual · compared across 19 venues · net of estimated fees · updated every few minutes
SPCX is a pre-IPO perpetual referencing SpaceX — a private company, not a public share. Read the funding together with liquidity and the backtest below.
Live annualized SPCX perpetual funding across all 19 venues Perpia tracks. Right now SPCX funding is positive on 12 and negative on 0, ranging from +84.2% on Risex to +0.0% on Ostium — a spread of 84.2%. The widest delta-neutral trade is long Variational / short Risex at 82.3% net APR.
SPCX funding trend & liquidity
168h of historyAverages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.
SPCX funding rate by venue
103 pairs scanned| Venue | Funding APR | Interval |
|---|---|---|
| Risex↗ | +84.2% | 1h |
| Nado↗ | +24.9% | 24h |
| Hyperliquid↗ | +16.0% | 1h |
| trade.xyz↗ | +15.9% | 1h |
| Pacifica↗ | +10.9% | 1h |
| KuCoin↗ | +10.9% | 8h |
| Sodex↗ | +5.5% | 1h |
| Vest↗ | +5.0% | 1h |
| Arcus↗ | +4.2% | 1h |
| Lighter↗ | +3.5% | 8h |
| OKX↗ | +2.2% | 8h |
| GMTrade↗ | +0.3% | 1h |
| Variational↗ | +0.0% | 8h |
| Extended↗ | +0.0% | 1h |
| Aster↗ | +0.0% | 8h |
| Gate.io↗ | +0.0% | 8h |
| Bybit↗ | +0.0% | 8h |
| Bitget↗ | +0.0% | 8h |
| Ostium↗ | +0.0% | 1h |
Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Variational vs Risex page.
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SPCX funding — FAQ
Is SPCX funding positive right now?
SPCX perpetual funding is positive on 12 of 19 venues Perpia tracks. The highest is +84.2% on Risex; the lowest is +0.0% on Ostium.
What is the best SPCX funding arbitrage right now?
Go long Variational and short Risex for about 82.3% net APR after fees — the widest delta-neutral SPCX spread Perpia currently sees.
Which exchange has the highest SPCX funding rate?
Risex, at +84.2% annualized. Funding shifts continuously, so check the live table above before trading.
How SPCX funding arbitrage works
Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.
Related tokenized stocks
See the full list on the tokenized stocks hub.