Funding arb · Price arb /

SPCX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0104%/8h= −11.4% APRpaid last 24h −0.031%

Price spread now: SunX against Aevo+0.155%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on SunX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. SunX is 0.155% dearer against Aevo than usual: you sell high and buy low (spread +0.155% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SPCX-PERP	152.97	0.0104	pay 0.0013% / 1h	58m 58s	$89	—	10x
Short	SunX SPCX-USDT	153.21	0	get 0.0000% / 8h	5h 58m	$8K	$941K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Aevo. 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 AevobpFee SunXbpOrdersPrice spread, now +0.155%Rate

Funding earned: −$21.84
Price spread: +0.155% → 0.000%: $15.52
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee SunX: 4 bp × 2 orders: −$8
Net: −$30.32
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; SunX: live order book, 43 min ago. Net counts fees only.

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 Aevo no order-book sample	—	—	—	—	—
Sell SunX live order book, 43 min ago	21.88 bp	34.1 bp −$34	doesn't fit	doesn't fit	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0333% / S +0.0531%	1h	152.97	−0.005%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.97	−0.002%	$96.0M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.781%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.87	−0.067%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDTshort	0.0000%	8h	153.21	+0.155%	$8K	$941K	10x
HTX SPCX-USDT	0.0000%	8h	153.01	+0.024%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0012%	1h	152.91	−0.041%	$72K	$1.1M	10x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.95	−0.016%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.92	−0.034%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.92	−0.034%	$2.5M	$7.2M	20x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus SPCX-USD	+0.0040%	1h	152.91	−0.041%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.97	−0.002%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0048%	1h	152.96	−0.008%	$1.2M	$6.6M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.94	−0.021%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.97	−0.002%	$1.7M	$91K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.97	−0.002%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.82	−0.100%	$3.2M	$2.5M	10x	as long as short
Bybit SPCXUSDT	+0.0055%	8h	153.00	+0.018%	$30.8M	$42.9M	100x	as long as short
Bitget SPCXUSDT	+0.0074%	8h	153.03	+0.038%	$31.7M	$66.1M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0079%	8h	153.00	+0.019%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.87	−0.067%	$169K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.91	−0.041%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.88	−0.061%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.99	+0.011%	$15K	$7K	10x	as long as short
Aevo SPCX-PERPlong	+0.0104%	1h	152.97	long leg	$89	—	10x
Bullet SPCX-USD	+0.0112%	1h	152.99	+0.008%	$11K	$189K	10x	as long as short
Nado SPCX-PERP	+0.0174%	1h	152.91	−0.043%	$622K	$835K	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0188%	8h	153.00	+0.018%	$39.4M	$168.2M	75x	as long as short
Variational Omni SPCX	+0.0196%	8h	152.97	−0.003%	$6.0M	$3.1M	—	as long as short
tradeXYZ xyz:SPCX	+0.0197%	1h	152.98	+0.005%	$142.1M	$119.3M	20x	as long as short
RISEx SPCX/USDC	+0.0199%	1h	153.00	+0.021%	$408K	$549K	20x	as long as short
Extended SPCX-USD	+0.0208%	1h	152.97	−0.004%	$736K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0208%	8h	152.99	+0.010%	$252.6M	$1.37B	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	152.97	−0.002%	$738K	$972K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.99	+0.011%	$445K	$267K	15x	as long as short
Aster SPCXUSD1	+0.0409%	8h	153.07	+0.063%	$19.0M	$15.3M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.29	+0.207%	$9K	$27K	5.5x	as long as short
edgeX SPCXUSDC	+0.0798%	4h	152.97	−0.003%	$1.7M	$894K	20x	as long as short