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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0354%/8h= −38.8% APRpaid last 24h −0.016%
Price spread now: Ondo Perps against Aster−0.142%47s7-day average −0.075% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.047%+$5 on $10k
Price spread, last 7 days−0.012%−$1 · spread now −0.142%, 7d avg −0.075%
Together, before fees+0.034%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Ondo Perps is 0.068% cheaper against Aster than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.075%). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.047% in total (about 2.4% 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 SPCXUSD1153.130.0405pay 0.0405% / 8h6h 22m$19.0M$14.9M20x
ShortOndo Perps SPCX-USD.P152.910.0050get 0.0006% / 1h22m 44s$3.2M$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
−$74.38
Price spread: −0.142% → −0.075%
−$6.78
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$94.16
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 1 min ago; Ondo Perps: no order-book sample. Net counts fees only.

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, 1 min ago0.33 bp5.5 bp −$56.2 bp −$62doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SPCX on 38 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 −0.0343% / S +0.0539%1h153.06−0.048%$88K20xas long as short
Gate SPCX_USDT0.0000%8h153.06−0.044%$96.1M$31.3M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+12.669%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.96−0.110%$302K$3.1M20xas long as short
SunX SPCX-USDT0.0000%8h153.35+0.145%$8K$946K10xas long as short
HTX SPCX-USDT0.0000%8h153.12−0.005%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0025%1h152.97−0.105%$7K$8K10xas long as short
Lighter SPCX+0.0032%1h153.04−0.057%$1.6M$7.2M20xas long as short
Lighter RH SPCX+0.0032%1h153.01−0.077%$2.5M$7.3M20xas long as short
Injective SPCX/USDC PERP+0.0033%1h153.32+0.125%$9K$27K5.5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus SPCX-USD+0.0040%1h153.00−0.084%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h153.03−0.064%$1.2M10xas long as short
QFEX SPCX-USD+0.0049%1h153.03−0.064%$1.2M$6.8M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h153.02−0.070%$501K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h153.08−0.031%$1.7M$90K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.08−0.031%$534K$405K50xas long as short
Ondo Perps SPCX-USD.Pshort+0.0050%1h152.91−0.142%$3.2M$2.6M10x
Bybit SPCXUSDT+0.0083%8h153.11−0.012%$30.8M$43.0M100xas long as short
Paradex SPCX-USD-PERP+0.0087%8h153.09−0.022%$1015xas long as short
Pacifica SPCX+0.0100%1h152.98−0.097%$169K$133K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.99−0.090%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h153.01−0.077%$58K$272K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.09−0.025%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h153.09−0.024%$8910xas long as short
Bitget SPCXUSDT+0.0149%8h153.13+0.001%$31.9M$66.3M75xas long as short
Bullet SPCX-USD+0.0167%1h153.10−0.018%$11K$189K10xas long as short
tradeXYZ xyz:SPCX+0.0179%1h153.05−0.051%$142.4M$119.1M20xas long as short
OKX SPCX-USDT-SWAP+0.0196%8h153.11−0.012%$39.4M$169.0M75xas long as short
Variational Omni SPCX+0.0207%8h153.07−0.038%$6.0M$3.3Mas long as short
Deribit SPCX_USDC-PERPETUAL+0.0208%1h153.02−0.070%$72K$1.1M10xas long as short
Binance SPCXUSDT+0.0222%8h153.10−0.018%$252.9M$1.37B75xas long as short
Extended SPCX-USD+0.0224%1h153.06−0.045%$736K$3.8M10xas long as short
Nado SPCX-PERP+0.0244%1h152.97−0.103%$622K$839K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0288%1h152.97−0.103%$738K$983K10xas long as short
Phoenix SPCX+0.0314%1h153.07−0.038%$445K$270K15xas long as short
Aster SPCXUSD1long+0.0405%8h153.13long leg$19.0M$14.9M20x
RISEx SPCX/USDC+0.0410%1h153.09−0.022%$408K$539K20xas long as short
edgeX SPCXUSDC+0.0774%4h153.05−0.052%$1.7M$892K20xas long as short