Settings8H · net · $10k
Funding arb · Price arb /

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment $0.13 per $10,000 · paid last 24h −0.030%
Price spread now: StandX against ApeX Omni−0.065%61s7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.448% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.207%−$21 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.065%, 7d avg +0.007%
Together, before fees−0.157%+ Points / potential airdropStandX: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and StandX is 0.072% cheaper against ApeX Omni than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.007%). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SPCXUSDT153.120.0100pay 0.0013% / 1h18m 28s$58K$271K50x
ShortStandX SPCX-USD153.020get 0.0000% / 1h18m 28s$302K$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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

Funding earned
−$21
Price spread: −0.065% → +0.007%
−$7.21
Slippage, 4 orders
−$26.78
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee StandX: 4 bp × 2 orders
−$8
Net
−$72.99
Costs to cover
0.448%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 39 min ago; StandX: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 39 min ago7.51 bp13.4 bp −$1337.2 bp −$372doesn't fitdoesn't fit
Sell StandX live order book, just now3.92 bp9.9 bp −$1014.4 bp −$144doesn't fitdoesn't fit

SPCX on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SPCX/USD [ETH-USDC]L −0.0253% / S +0.0486%1h153.04−0.049%$91K20xas long as short
Bybit SPCXUSDT0.0000%8h153.10−0.013%$30.8M$42.9M100xas long as short
Gate SPCX_USDT0.0000%8h153.08−0.026%$96.3M$31.3M100xas long as short
Bitget SPCXUSDT0.0000%8h153.13+0.007%$31.7M$65.3M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+12.674%$4K$88210xas long as short
StandX SPCX-USDshort0.0000%1h153.02−0.065%$302K$2.9M20x
SunX SPCX-USDT0.0000%8h153.35+0.150%$8K$938K10xas long as short
HTX SPCX-USDT0.0000%8h153.13+0.007%$1.3M$1.7M75xas long as short
edgeX SPCXUSDC0.0000%4h153.08−0.024%$1.7M$892K20xas long as short
Aftermath Perps SPCXUSD+0.0022%1h153.04−0.054%$8K$8K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SPCX-USDT+0.0027%8h153.09−0.020%$1.9M$1.4M75xas long as short
Lighter SPCX+0.0032%1h153.04−0.052%$1.6M$7.3M20xas long as short
Lighter RH SPCX+0.0032%1h153.01−0.072%$2.5M$7.3M20xas long as short
Arcus SPCX-USD+0.0040%1h153.02−0.065%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h153.08−0.026%$1.2M10xas long as short
QFEX SPCX-USD+0.0046%1h153.05−0.046%$1.2M$6.0M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h153.03−0.059%$499K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h153.07−0.033%$1.7M$97K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.11−0.007%$533K$393K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.98−0.091%$3.2M$2.5M10xas long as short
Paradex SPCX-USD-PERP+0.0061%8h153.11−0.010%$1015xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0077%1h153.03−0.059%$77K$1.2M10xas long as short
Pacifica SPCX+0.0100%1h152.99−0.085%$169K$130K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h153.01−0.072%$13.0M$5.4M20xas long as short
ApeX Omni SPCXUSDTlong+0.0100%1h153.12long leg$58K$271K50x
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.07−0.033%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h153.08−0.024%$8910xas long as short
tradeXYZ xyz:SPCX+0.0106%1h153.04−0.052%$141.4M$119.0M20xas long as short
Bullet SPCX-USD+0.0108%1h153.10−0.013%$11K$191K10xas long as short
Nado SPCX-PERP+0.0131%1h153.01−0.075%$617K$821K20xas long as short
Variational Omni SPCX+0.0133%8h153.09−0.022%$6.0M$3.0Mas long as short
Extended SPCX-USD+0.0144%1h153.06−0.042%$734K$3.8M10xas long as short
OKX SPCX-USDT-SWAP+0.0146%8h153.13+0.007%$39.5M$166.8M75xas long as short
Binance SPCXUSDT+0.0147%8h153.09−0.017%$251.1M$1.37B75xas long as short
RISEx SPCX/USDC+0.0191%1h153.13+0.003%$410K$530K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0256%1h153.10−0.013%$738K$926K10xas long as short
Phoenix SPCX+0.0261%1h153.10−0.013%$445K$268K15xas long as short
Aster SPCXUSD1+0.0408%8h153.18+0.036%$19.0M$21.1M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h153.50+0.248%$9K$28K5.5xas long as short