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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0118%/8h= +12.9% APRnext payment +$1.18 per $10,000 · paid last 24h +0.045%
Price spread now: KuCoin against BloFin−0.079%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$380.378% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.195%+$20 on $10k
Price spread, last 4 days (all we have)+0.106%+$11 · spread now −0.079%, 7d avg −0.053%
Together, before fees+0.301%+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.025% cheaper against BloFin than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of −0.053%). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SPCX-USDT152.45−0.0018get 0.0018% / 8h1h 40m$1.9M$1.2M75x
ShortKuCoin SPCXUSDTM152.330.0100get 0.0100% / 8h1h 40m$13.0M$5.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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
$24.71
Price spread: −0.079% → −0.053%
−$2.52
Slippage, 4 orders
−$13.83
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$15.64
Costs to cover
0.378%
Break-even
11.4 days
Slippage from BloFin: live order book, 2 min ago; KuCoin: live order book, 8 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 BloFin live order book, 2 min ago0.66 bp6.7 bp −$78.9 bp −$8912.5 bp −$1,24519.6 bp −$9,804
Sell KuCoin live order book, 8 min ago0.98 bp10.2 bp −$1039.6 bp −$396doesn'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 −0.0187% / S +0.0435%1h152.40−0.036%$90K20xas long as short
BloFin SPCX-USDTlong−0.0018%8h152.45long leg$1.9M$1.2M75x
Bybit SPCXUSDT0.0000%8h152.44−0.007%$30.6M$42.7M100xas long as short
Gate SPCX_USDT0.0000%8h152.41−0.026%$96.1M$31.8M100xas long as short
Bitget SPCXUSDT0.0000%8h152.46+0.007%$31.2M$66.0M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+13.165%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.55+0.066%$300K$2.7M20xas long as short
SunX SPCX-USDT0.0000%8h152.73+0.184%$8K$897K10xas long as short
HTX SPCX-USDT0.0000%8h152.57+0.079%$1.3M$1.8M75xas long as short
Aftermath Perps SPCXUSD+0.0021%1h152.45−0.002%$7K$8K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SPCX+0.0032%1h152.38−0.046%$2.5M$7.3M20xas long as short
QFEX SPCX-USD+0.0038%1h152.44−0.007%$1.2M$5.5M10xas long as short
Arcus SPCX-USD+0.0040%1h152.450.000%$103K$299K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.42−0.020%$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.42−0.020%$1.7M$97K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.46+0.007%$531K$383K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.39−0.039%$3.2M$2.2M10xas long as short
RISEx SPCX/USDC+0.0072%1h152.51+0.040%$408K$498K20xas long as short
Polymarket Perps SPCX-USD+0.0074%1h152.450.000%$487K$1.2M10xas long as short
Paradex SPCX-USD-PERP+0.0077%8h152.47+0.012%$1015xas long as short
tradeXYZ xyz:SPCX+0.0081%1h152.35−0.066%$130.0M$129.1M20xas long as short
Variational Omni SPCX+0.0085%8h152.43−0.014%$6.0M$2.8Mas long as short
Lighter SPCX+0.0088%1h152.39−0.039%$1.6M$7.4M20xas long as short
Pacifica SPCX+0.0100%1h152.39−0.039%$169K$118K10xas long as short
KuCoin SPCXUSDTMshort+0.0100%8h152.33−0.079%$13.0M$5.5M20x
ApeX Omni SPCXUSDT+0.0100%1h152.450.000%$58K$272K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.47+0.013%$14K$7K10xas long as short
Binance SPCXUSDT+0.0102%8h152.44−0.005%$250.6M$1.36B75xas long as short
Extended SPCX-USD+0.0104%1h152.40−0.031%$733K$4.2M10xas long as short
Aevo SPCX-PERP+0.0104%1h152.44−0.006%$8810xas long as short
OKX SPCX-USDT-SWAP+0.0116%8h152.48+0.020%$39.6M$166.7M75xas long as short
Coinbase International SPCX-PERP-INTX+0.0192%1h152.62+0.112%$726K$932K10xas long as short
Phoenix SPCX+0.0210%1h152.48+0.020%$443K$266K15xas long as short
Nado SPCX-PERP+0.0226%1h152.40−0.030%$627K$808K20xas long as short
Bullet SPCX-USD+0.0256%1h152.48+0.018%$11K$192K10xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0341%1h152.40−0.033%$89K$1.3M10xas long as short
Aster SPCXUSD1+0.0365%8h152.54+0.062%$18.8M$26.3M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h152.81+0.236%$9K$28K5.5xas long as short
edgeX SPCXUSDC+0.0976%4h152.55+0.064%$1.7M$893K20xas long as short