Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.028%

Price spread now: SunX against Arcus+0.209%7-day average +0.113% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$820.816% of the position

Long on Arcus Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.064%−$6 on $10k

Price spread, last 4 days (all we have)−0.084%−$8 · spread now +0.209%, 7d avg +0.113%

Together, before fees−0.148%−$15 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.096% dearer against Arcus than usual: you sell high and buy low (spread +0.209% now, against its 7-day average of +0.113%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SPCX-USD	153.01	0.0040	pay 0.0005% / 1h	23m 43s	$105K	$297K	5x
Short	SunX SPCX-USDT	153.33	0	get 0.0000% / 8h	4h 23m	$8K	$937K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Arcus. 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 ArcusbpFee SunXbpOrdersPrice spread, now +0.209%Rate

Funding earned: −$8.46
Price spread: +0.209% → +0.113%: $9.61
Slippage, 4 orders: −$69.07
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$80.42
Costs to cover: 0.816%
Break-even: never at this rate

Slippage from Arcus: live order book, 35 min ago; SunX: live order book, 69 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 Arcus live order book, 35 min ago	6.21 bp	11.8 bp −$12	15.7 bp −$157	doesn't fit	doesn't fit
Sell SunX live order book, 69 min ago	21.88 bp	34.3 bp −$34	doesn't fit	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 −0.0253% / S +0.0486%	1h	153.06	+0.036%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.11	+0.065%	$30.8M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.08	+0.046%	$96.3M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.14	+0.085%	$31.7M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.753%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.99	−0.013%	$302K	$2.9M	20x	as long as short
SunX SPCX-USDTshort	0.0000%	8h	153.33	+0.209%	$8K	$937K	10x
HTX SPCX-USDT	0.0000%	8h	153.10	+0.059%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0011%	1h	153.03	+0.013%	$77K	$1.2M	10x	as long as short
Aftermath Perps SPCXUSD	+0.0023%	1h	153.03	+0.014%	$8K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SPCX-USDT	+0.0031%	8h	153.08	+0.046%	$1.9M	$1.4M	75x	as long as short
Lighter SPCX	+0.0032%	1h	153.05	+0.026%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.02	+0.007%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USDlong	+0.0040%	1h	153.01	long leg	$105K	$297K	5x
Vest SPCX-USD-PERP	+0.0046%	1h	153.07	+0.039%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.03	+0.013%	$1.2M	$6.0M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.06	+0.033%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.07	+0.039%	$1.7M	$97K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.09	+0.052%	$533K	$394K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.94	−0.046%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0062%	8h	153.10	+0.060%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.98	−0.020%	$169K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.03	+0.013%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.01	0.000%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.10	+0.059%	$15K	$7K	10x	as long as short
Bullet SPCX-USD	+0.0103%	1h	153.10	+0.056%	$11K	$191K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0103%	1h	153.06	+0.033%	$141.5M	$119.0M	20x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.08	+0.046%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0133%	1h	153.00	−0.006%	$617K	$822K	20x	as long as short
Variational Omni SPCX	+0.0137%	8h	153.05	+0.024%	$6.0M	$3.0M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0148%	8h	153.13	+0.078%	$39.5M	$166.9M	75x	as long as short
Binance SPCXUSDT	+0.0150%	8h	153.11	+0.065%	$252.2M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0152%	1h	153.07	+0.038%	$734K	$3.8M	10x	as long as short
RISEx SPCX/USDC	+0.0191%	1h	153.13	+0.075%	$410K	$530K	20x	as long as short
edgeX SPCXUSDC	+0.0235%	4h	153.05	+0.025%	$1.7M	$891K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.04	+0.020%	$738K	$925K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.07	+0.039%	$445K	$268K	15x	as long as short
Aster SPCXUSD1	+0.0410%	8h	153.17	+0.104%	$18.9M	$20.9M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.50	+0.320%	$9K	$28K	5.5x	as long as short