Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Polymarket Perps against ApeX Omni+0.039%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$420.419% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.039%, 7d avg −0.032%
=The price spread pays, funding is against you. Polymarket Perps is 0.072% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of −0.032%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni SPCXUSDT | 152.45 | 0.0100 | pay 0.0013% / 1h | 51m 00s | $58K | $271K | 50x |
| Short | Polymarket Perps SPCX-USD | 152.51 | 0.0050 | get 0.0006% / 1h | 51m 00s | $490K | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.5
- Price spread: +0.039% → −0.032%
- $7.18
- Slippage, 4 orders
- −$23.85
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$45.17
- Costs to cover
- 0.419%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 61 min ago; Polymarket Perps: 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, 61 min ago | 7.52 bp | 12.5 bp −$13 | 39.3 bp −$393 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 2 min ago | 3.28 bp | 7.3 bp −$7 | 7.9 bp −$79 | 10.5 bp −$1,054 | 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 −0.0224% / S +0.0463% | 1h | 152.44 | −0.003% | $90K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.56 | +0.072% | $96.3M | $31.5M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.62 | +0.112% | $31.3M | $65.9M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.171% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.58 | +0.085% | $300K | $2.8M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.78 | +0.216% | $8K | $916K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.51 | +0.039% | $87K | $1.3M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.63 | +0.118% | $1.3M | $1.8M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0002% | 8h | 152.59 | +0.092% | $30.6M | $42.7M | 100x | as long as short |
| BloFin SPCX-USDT | +0.0013% | 8h | 152.59 | +0.092% | $1.9M | $1.2M | 75x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.40 | −0.032% | $7K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.48 | +0.020% | $2.5M | $7.2M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.46 | +0.007% | $105K | $297K | 5x | as long as short |
| QFEX SPCX-USD | +0.0043% | 1h | 152.52 | +0.046% | $1.2M | $5.6M | 10x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.54 | +0.059% | — | $1.2M | 10x | as long as short |
| Lighter SPCX | +0.0048% | 1h | 152.52 | +0.046% | $1.6M | $7.4M | 20x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.46 | +0.007% | $131.0M | $128.5M | 20x | as long as short |
| Polymarket Perps SPCX-USDshort | +0.0050% | 1h | 152.51 | +0.039% | $490K | $1.2M | 10x | |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.54 | +0.059% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.59 | +0.092% | $531K | $388K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.40 | −0.033% | $3.2M | $2.3M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0063% | 8h | 152.60 | +0.097% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.47 | +0.013% | $169K | $119K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.47 | +0.013% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDTlong | +0.0100% | 1h | 152.45 | long leg | $58K | $271K | 50x | |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.55 | +0.066% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.57 | +0.080% | $88 | — | 10x | as long as short |
| Variational Omni SPCX | +0.0124% | 8h | 152.56 | +0.071% | $6.0M | $2.9M | — | as long as short |
| Binance SPCXUSDT | +0.0133% | 8h | 152.59 | +0.092% | $250.7M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0136% | 1h | 152.55 | +0.064% | $731K | $4.6M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0142% | 8h | 152.60 | +0.098% | $39.4M | $166.5M | 75x | as long as short |
| Nado SPCX-PERP | +0.0159% | 1h | 152.51 | +0.040% | $614K | $804K | 20x | as long as short |
| RISEx SPCX/USDC | +0.0238% | 1h | 152.59 | +0.095% | $408K | $522K | 20x | as long as short |
| Bullet SPCX-USD | +0.0240% | 1h | 152.58 | +0.087% | $12K | $193K | 10x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0248% | 1h | 152.44 | −0.007% | $739K | $931K | 10x | as long as short |
| edgeX SPCXUSDC | +0.0251% | 4h | 152.54 | +0.056% | $1.7M | $892K | 20x | as long as short |
| Phoenix SPCX | +0.0263% | 1h | 152.52 | +0.046% | $443K | $266K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0398% | 8h | 152.60 | +0.101% | $18.9M | $24.3M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.67 | +0.144% | $9K | $28K | 5.5x | as long as short |
ApeX Omni SPCXUSDT
Polymarket Perps SPCX-USD
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDT
Bybit SPCXUSDT
BloFin SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Lighter SPCX
tradeXYZ xyz:SPCX
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
OKX SPCX-USDT-SWAP
RISEx SPCX/USDC
Bullet SPCX-USD
Coinbase International SPCX-PERP-INTX
edgeX SPCXUSDC
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP