Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.016%

Price spread now: KuCoin against Aftermath Perps−0.023%45s7-day average — · you buy dearer than you sell

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

Long on Aftermath Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. KuCoin is 0.023% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 23 hours of funding at the current rate (+$2 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SPCXUSD	152.70	0.0020	pay 0.0002% / 1h	54m 29s	$7K	$7K	10x
Short	KuCoin SPCXUSDTM	152.66	0.0100	get 0.0100% / 8h	5h 54m	$13.0M	$6.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aftermath Perps. 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 Aftermath PerpsbpFee KuCoinbpOrdersPrice spread, now −0.023%Rate

Funding earned: $16.86
Price spread: −0.023% → 0.000%: −$2.34
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$6.48
Costs to cover: 0.210%
Break-even: 9.7 days

Slippage unknown: Aftermath Perps: no order-book sample; KuCoin: live order book, 2 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 2 min ago	0.98 bp	15.1 bp −$15	40.6 bp −$406	doesn't fit	doesn't fit

Aftermath Perps: 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 exchanges

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 −0.0187% / S +0.0435%	1h	152.63	−0.040%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0058%	8h	152.76	+0.042%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.76	+0.042%	$30.1M	$43.4M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.71	+0.009%	$96.2M	$32.5M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.77	+0.049%	$31.1M	$67.0M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.72	+0.016%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.95	+0.167%	$8K	$819K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.62	−0.050%	$46K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.77	+0.049%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSDlong	+0.0020%	1h	152.70	long leg	$7K	$7K	10x

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USD	+0.0030%	1h	152.68	−0.010%	$1.2M	$5.4M	10x	as long as short
Variational Omni SPCX	+0.0031%	8h	152.69	−0.006%	$5.9M	$2.7M	—	as long as short
Lighter SPCX	+0.0032%	1h	152.64	−0.036%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.67	−0.017%	$2.5M	$7.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	+0.055%	$9K	$28K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.67	−0.017%	$103K	$294K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.71	+0.009%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.68	−0.010%	$128.5M	$129.6M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.68	−0.010%	$1.7M	$101K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.68	−0.010%	$533K	$366K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.59	−0.069%	$3.0M	$2.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0050%	8h	152.73	+0.019%	$101	—	5x	as long as short
RISEx SPCX/USDC	+0.0051%	1h	152.78	+0.055%	$351K	$518K	20x	as long as short
Binance SPCXUSDT	+0.0063%	8h	152.74	+0.029%	$251.9M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0064%	1h	152.69	−0.004%	$724K	$5.4M	10x	as long as short
Bullet SPCX-USD	+0.0072%	1h	152.75	+0.037%	$12K	$191K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0089%	8h	152.77	+0.049%	$39.5M	$168.7M	75x	as long as short
Nado SPCX-PERP	+0.0093%	1h	152.72	+0.013%	$633K	$807K	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.62	−0.050%	$169K	$117K	10x	as long as short
KuCoin SPCXUSDTMshort	+0.0100%	8h	152.66	−0.023%	$13.0M	$6.2M	20x
ApeX Omni SPCXUSDT	+0.0100%	1h	152.76	+0.042%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.73	+0.022%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.67	−0.015%	$89	—	10x	as long as short
Polymarket Perps SPCX-USD	+0.0120%	1h	152.76	+0.042%	$488K	$1.1M	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0136%	1h	152.85	+0.101%	$739K	$1.1M	10x	as long as short
edgeX SPCXUSDC	+0.0205%	4h	152.68	−0.008%	$1.7M	$889K	20x	as long as short
Phoenix SPCX	+0.0209%	1h	152.73	+0.022%	$448K	$271K	15x	as long as short
Aster SPCXUSD1	+0.0397%	8h	152.86	+0.108%	$19.0M	$30.6M	20x	as long as short