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

SPCX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0298%/8h= −32.6% APRnext payment $2.98 per $10,000 · paid last 24h −0.002%
Price spread now: KuCoin against Aster−0.088%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$340.337% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.080%−$8 on $10k
Price spread, last 7 days−0.005%−$1 · spread now −0.088%, 7d avg −0.064%
Together, before fees−0.085%+ Points / potential airdropAster: Stage 5 · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and KuCoin is 0.024% cheaper against Aster than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.064%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.080% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.98 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPCXUSD1152.600.0398pay 0.0398% / 8h2h 51m$18.9M$24.3M20x
ShortKuCoin SPCXUSDTM152.470.0100get 0.0100% / 8h2h 51m$13.0M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$62.55
Price spread: −0.088% → −0.064%
−$2.39
Slippage, 4 orders
−$13.68
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$98.63
Costs to cover
0.337%
Break-even
never at this rate
Slippage from Aster: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago0.33 bp4.3 bp −$48.7 bp −$87doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago0.98 bp9.7 bp −$1042.8 bp −$428doesn'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 −0.0224% / S +0.0463%1h152.44−0.105%$90K20xas long as short
Gate SPCX_USDT0.0000%8h152.56−0.029%$96.3M$31.5M100xas long as short
Bitget SPCXUSDT0.0000%8h152.62+0.010%$31.3M$65.9M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+13.057%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.58−0.016%$300K$2.8M20xas long as short
SunX SPCX-USDT0.0000%8h152.78+0.115%$8K$916K10xas long as short
Deribit SPCX_USDC-PERPETUAL0.0000%1h152.51−0.062%$87K$1.3M10xas long as short
HTX SPCX-USDT0.0000%8h152.63+0.017%$1.3M$1.8M75xas long as short
Bybit SPCXUSDT+0.0002%8h152.59−0.010%$30.6M$42.7M100xas long as short
BloFin SPCX-USDT+0.0013%8h152.59−0.010%$1.9M$1.2M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SPCXUSD+0.0025%1h152.40−0.133%$7K$8K10xas long as short
Lighter RH SPCX+0.0032%1h152.48−0.082%$2.5M$7.2M20xas long as short
Arcus SPCX-USD+0.0040%1h152.46−0.095%$105K$297K5xas long as short
QFEX SPCX-USD+0.0043%1h152.52−0.055%$1.2M$5.6M10xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.54−0.042%$1.2M10xas long as short
Lighter SPCX+0.0048%1h152.52−0.055%$1.6M$7.4M20xas long as short
tradeXYZ xyz:SPCX+0.0050%1h152.46−0.095%$131.0M$128.5M20xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.51−0.062%$490K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.54−0.042%$1.7M$99K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.59−0.010%$531K$388K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.40−0.134%$3.2M$2.3M10xas long as short
Paradex SPCX-USD-PERP+0.0063%8h152.60−0.005%$1015xas long as short
Pacifica SPCX+0.0100%1h152.47−0.088%$169K$119K10xas long as short
KuCoin SPCXUSDTMshort+0.0100%8h152.47−0.088%$13.0M$5.4M20x
ApeX Omni SPCXUSDT+0.0100%1h152.45−0.101%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.55−0.036%$14K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.57−0.021%$8810xas long as short
Variational Omni SPCX+0.0124%8h152.56−0.030%$6.0M$2.9Mas long as short
Binance SPCXUSDT+0.0133%8h152.59−0.010%$250.7M$1.36B75xas long as short
Extended SPCX-USD+0.0136%1h152.55−0.037%$731K$4.6M10xas long as short
OKX SPCX-USDT-SWAP+0.0142%8h152.60−0.003%$39.4M$166.5M75xas long as short
Nado SPCX-PERP+0.0159%1h152.51−0.061%$614K$804K20xas long as short
RISEx SPCX/USDC+0.0238%1h152.59−0.006%$408K$522K20xas long as short
Bullet SPCX-USD+0.0240%1h152.58−0.014%$12K$193K10xas long as short
Coinbase International SPCX-PERP-INTX+0.0248%1h152.44−0.108%$739K$931K10xas long as short
edgeX SPCXUSDC+0.0251%4h152.54−0.045%$1.7M$892K20xas long as short
Phoenix SPCX+0.0263%1h152.52−0.055%$443K$266K15xas long as short
Aster SPCXUSD1long+0.0398%8h152.60long leg$18.9M$24.3M20x
Injective SPCX/USDC PERP+0.0440%1h152.67+0.043%$9K$28K5.5xas long as short