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+0.0120%/8h= +13.2% APRnext payment +$1.20 per $10,000 · paid last 24h +0.035%
Price spread now: OKX against BloFin+0.026%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$250.245% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.226%+$23 on $10k
Price spread, last 4 days (all we have)−0.105%−$10 · spread now +0.026%, 7d avg −0.008%
Together, before fees+0.121%+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.034% dearer against BloFin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SPCX-USDT153.090.0026pay 0.0026% / 8h4h 16m$1.9M$1.4M75x
ShortOKX SPCX-USDT-SWAP153.130.0146get 0.0146% / 8h4h 16m$39.5M$166.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$25.3
Price spread: +0.026% → −0.008%
$3.42
Slippage, 4 orders
−$2.51
Fee BloFin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$4.21
Costs to cover
0.245%
Break-even
5.8 days
Slippage from BloFin: live order book, 1 min ago; OKX: live order book, 2 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, 1 min ago0.33 bp6.3 bp −$67.3 bp −$739.6 bp −$96413.2 bp −$6,579
Sell OKX live order book, 2 min ago0.33 bp5.8 bp −$67.5 bp −$7513.4 bp −$1,338doesn'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 −0.0253% / S +0.0486%1h153.04−0.029%$91K20xas long as short
Bybit SPCXUSDT0.0000%8h153.090.000%$30.8M$42.9M100xas long as short
Gate SPCX_USDT0.0000%8h153.08−0.007%$96.3M$31.3M100xas long as short
Bitget SPCXUSDT0.0000%8h153.14+0.033%$31.7M$65.3M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+12.698%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h153.00−0.059%$302K$2.9M20xas long as short
SunX SPCX-USDT0.0000%8h153.34+0.163%$8K$939K10xas long as short
HTX SPCX-USDT0.0000%8h153.15+0.039%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0022%1h153.04−0.034%$8K$8K10xas long as short
BloFin SPCX-USDTlong+0.0026%8h153.09long leg$1.9M$1.4M75x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SPCX+0.0032%1h153.04−0.033%$1.6M$7.3M20xas long as short
Lighter RH SPCX+0.0032%1h153.01−0.052%$2.5M$7.3M20xas long as short
Arcus SPCX-USD+0.0040%1h153.02−0.046%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h153.090.000%$1.2M10xas long as short
QFEX SPCX-USD+0.0046%1h153.05−0.026%$1.2M$6.0M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h153.03−0.039%$499K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h153.06−0.020%$1.7M$97K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.10+0.007%$533K$393K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.91−0.118%$3.2M$2.5M10xas long as short
Paradex SPCX-USD-PERP+0.0061%8h153.10+0.008%$1015xas long as short
Pacifica SPCX+0.0100%1h152.99−0.065%$169K$130K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h153.01−0.052%$13.0M$5.4M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h153.12+0.020%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.090.000%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h153.07−0.011%$8910xas long as short
tradeXYZ xyz:SPCX+0.0107%1h153.05−0.026%$141.4M$119.0M20xas long as short
Bullet SPCX-USD+0.0110%1h153.090.000%$11K$191K10xas long as short
Nado SPCX-PERP+0.0131%1h153.00−0.060%$617K$821K20xas long as short
Variational Omni SPCX+0.0133%8h153.09−0.002%$6.0M$3.0Mas long as short
Deribit SPCX_USDC-PERPETUAL+0.0142%1h153.04−0.033%$78K$1.2M10xas long as short
Extended SPCX-USD+0.0144%1h153.07−0.015%$734K$3.8M10xas long as short
Binance SPCXUSDT+0.0146%8h153.12+0.018%$251.1M$1.37B75xas long as short
OKX SPCX-USDT-SWAPshort+0.0146%8h153.13+0.026%$39.5M$166.8M75x
RISEx SPCX/USDC+0.0191%1h153.12+0.020%$410K$530K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0256%1h153.10+0.007%$738K$926K10xas long as short
Phoenix SPCX+0.0261%1h153.090.000%$445K$268K15xas long as short
Aster SPCXUSD1+0.0408%8h153.18+0.057%$19.0M$21.1M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h153.50+0.268%$9K$28K5.5xas long as short
edgeX SPCXUSDC+0.0903%4h153.08−0.009%$1.7M$893K20xas long as short