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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0404%/8h= −44.3% APRpaid last 24h +0.018%
Price spread now: Deribit against Aster−0.088%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$250.248% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.086%+$9 on $10k
Price spread, last 4 days (all we have)−0.274%−$27 · spread now −0.088%, 7d avg −0.021%
Together, before fees−0.187%+ Points / potential airdropAster: Stage 5 · farm board−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Deribit is 0.067% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.021%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.086%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.086% in total (about 6.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPCXUSD1153.090.0404pay 0.0404% / 8h5h 38m$19.0M$16.9M20x
ShortDeribit SPCX_USDC-PERPETUAL152.960get 0.0000% / 1h38m 11s$72K$1.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against Aster. 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
−$84.93
Price spread: −0.088% → −0.021%
−$6.7
Slippage, 4 orders
−$9.76
Fee Aster: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$116.38
Costs to cover
0.248%
Break-even
never at this rate
Slippage from Aster: live order book, 6 min ago; Deribit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 6 min ago0.33 bp4.9 bp −$56.8 bp −$68doesn't fitdoesn't fit
Sell Deribit live order book, 1 min ago0.33 bp11.6 bp −$1215.5 bp −$155doesn'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 −0.0333% / S +0.0531%1h153.00−0.065%$88K20xas long as short
Gate SPCX_USDT0.0000%8h153.01−0.055%$96.1M$31.3M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+12.692%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.93−0.107%$302K$3.0M20xas long as short
SunX SPCX-USDT0.0000%8h153.22+0.082%$8K$940K10xas long as short
Deribit SPCX_USDC-PERPETUALshort0.0000%1h152.96−0.088%$72K$1.2M10x
HTX SPCX-USDT0.0000%8h153.05−0.029%$1.3M$1.7M75xas long as short
Bitget SPCXUSDT+0.0009%8h153.07−0.016%$31.7M$66.1M75xas long as short
Aftermath Perps SPCXUSD+0.0025%1h152.95−0.095%$7K$8K10xas long as short
Lighter SPCX+0.0032%1h152.98−0.075%$1.6M$7.2M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SPCX+0.0032%1h152.96−0.088%$2.5M$7.2M20xas long as short
Bybit SPCXUSDT+0.0036%8h153.03−0.042%$30.8M$42.8M100xas long as short
Arcus SPCX-USD+0.0040%1h152.94−0.101%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h153.03−0.042%$1.2M10xas long as short
QFEX SPCX-USD+0.0048%1h153.01−0.055%$1.2M$6.6M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.96−0.088%$499K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h153.00−0.062%$1.7M$93K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.00−0.062%$534K$403K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.85−0.160%$3.2M$2.5M10xas long as short
BloFin SPCX-USDT+0.0070%8h153.03−0.042%$1.9M$1.4M75xas long as short
Paradex SPCX-USD-PERP+0.0073%8h153.04−0.036%$1015xas long as short
Pacifica SPCX+0.0100%1h152.92−0.114%$169K$129K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.95−0.094%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h153.02−0.048%$58K$272K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.04−0.035%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h153.01−0.056%$8910xas long as short
Bullet SPCX-USD+0.0132%1h153.03−0.039%$11K$190K10xas long as short
OKX SPCX-USDT-SWAP+0.0179%8h153.06−0.022%$39.5M$167.8M75xas long as short
Variational Omni SPCX+0.0179%8h153.01−0.058%$6.0M$3.1Mas long as short
tradeXYZ xyz:SPCX+0.0181%1h152.99−0.068%$142.1M$119.4M20xas long as short
Binance SPCXUSDT+0.0189%8h153.03−0.042%$252.6M$1.37B75xas long as short
Extended SPCX-USD+0.0192%1h152.99−0.069%$736K$3.8M10xas long as short
Nado SPCX-PERP+0.0193%1h152.96−0.090%$622K$831K20xas long as short
RISEx SPCX/USDC+0.0199%1h153.05−0.029%$408K$549K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0256%1h153.01−0.055%$738K$980K10xas long as short
Phoenix SPCX+0.0262%1h153.02−0.048%$445K$267K15xas long as short
Aster SPCXUSD1long+0.0404%8h153.09long leg$19.0M$16.9M20x
Injective SPCX/USDC PERP+0.0440%1h153.28+0.121%$9K$27K5.5xas long as short
edgeX SPCXUSDC+0.0612%4h153.00−0.062%$1.7M$891K20xas long as short