Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.012%

Price spread now: KuCoin against ApeX Omni−0.052%7-day average −0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$510.514% of the position

Long on ApeX Omni Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.226%−$23 on $10k

Price spread, last 3 days (all we have)−0.108%−$11 · spread now −0.052%, 7d avg −0.058%

Together, before fees−0.334%−$33 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SPCXUSDT	152.85	0.0100	pay 0.0013% / 1h	17m 02s	$58K	$271K	50x
Short	KuCoin SPCXUSDTM	152.77	0.0100	get 0.0100% / 8h	17m 02s	$13.0M	$5.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against ApeX Omni. 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 ApeX OmnibpFee KuCoinbpOrdersPrice spread, now −0.052%Rate

Funding earned: $0
Price spread: −0.052% → −0.058%: $0.59
Slippage, 4 orders: −$29.43
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$50.83
Costs to cover: 0.514%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 60 min ago; KuCoin: live order book, 2 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 ApeX Omni live order book, 60 min ago	7.53 bp	13.6 bp −$14	38.5 bp −$385	doesn't fit	doesn't fit
Sell KuCoin live order book, 2 min ago	1.31 bp	10.9 bp −$11	38.1 bp −$381	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 −0.0279% / S +0.0493%	1h	152.87	+0.010%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.88	+0.020%	$96.6M	$31.4M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.51	+12.865%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.81	−0.026%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.10	+0.164%	$8K	$972K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.89	+0.026%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0030%	1h	152.83	−0.013%	$7K	$10K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.82	−0.020%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.879%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.84	−0.007%	$105K	$297K	5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SPCX-USD-PERP	+0.0046%	1h	152.86	+0.007%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.87	+0.013%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.89	+0.026%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.86	+0.007%	$535K	$410K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.79	−0.039%	$3.2M	$2.8M	10x	as long as short
QFEX SPCX-USD	+0.0052%	1h	152.87	+0.013%	$1.2M	$7.7M	10x	as long as short
BloFin SPCX-USDT	+0.0079%	8h	152.91	+0.039%	$1.9M	$1.4M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0093%	8h	152.90	+0.035%	$101	—	5x	as long as short
Lighter SPCX	+0.0096%	1h	152.86	+0.007%	$1.6M	$7.4M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.83	−0.013%	$173K	$130K	10x	as long as short
KuCoin SPCXUSDTMshort	+0.0100%	8h	152.77	−0.052%	$13.0M	$5.5M	20x
ApeX Omni SPCXUSDTlong	+0.0100%	1h	152.85	long leg	$58K	$271K	50x
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.90	+0.033%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.92	+0.047%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0150%	1h	152.91	+0.039%	$12K	$188K	10x	as long as short
Bybit SPCXUSDT	+0.0151%	8h	152.88	+0.020%	$30.7M	$42.8M	100x	as long as short
Variational Omni SPCX	+0.0176%	8h	152.93	+0.055%	$6.0M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0195%	8h	152.87	+0.013%	$38.9M	$169.4M	75x	as long as short
Binance SPCXUSDT	+0.0199%	8h	152.88	+0.020%	$253.0M	$1.39B	75x	as long as short
Extended SPCX-USD	+0.0200%	1h	152.84	−0.006%	$734K	$3.6M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0252%	1h	152.85	0.000%	$143.4M	$119.4M	20x	as long as short
Phoenix SPCX	+0.0261%	1h	152.90	+0.033%	$445K	$269K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.97	+0.079%	$733K	$970K	10x	as long as short
Nado SPCX-PERP	+0.0296%	1h	152.76	−0.056%	$601K	$885K	20x	as long as short
Aster SPCXUSD1	+0.0298%	8h	152.98	+0.082%	$19.0M	$21.3M	20x	as long as short
Bitget SPCXUSDT	+0.0311%	8h	152.88	+0.020%	$31.2M	$67.3M	75x	as long as short
RISEx SPCX/USDC	+0.0339%	1h	152.96	+0.074%	$403K	$539K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0601%	1h	152.88	+0.020%	$71K	$1.0M	10x	as long as short
edgeX SPCXUSDC	+0.0783%	4h	152.90	+0.032%	$1.7M	$893K	20x	as long as short