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+0.0086%/8h= +9.4% APRnext payment +$0.86 per $10,000 · paid last 24h +0.014%
Price spread now: KuCoin against Bybit−0.046%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$450.450% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.046%−$5 on $10k
Price spread, last 7 days−0.011%−$1 · spread now −0.046%, 7d avg −0.046%
Together, before fees−0.058%−$6 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.046%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SPCXUSDT152.430.0014pay 0.0014% / 8h3h 21m$30.6M$42.7M100x
ShortKuCoin SPCXUSDTM152.360.0100get 0.0100% / 8h3h 21m$13.0M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$18.05
Price spread: −0.046% → −0.046%
−$0.01
Slippage, 4 orders
−$22.03
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$26.98
Costs to cover
0.450%
Break-even
17.5 days
Slippage from Bybit: live order book, 2 min ago; KuCoin: 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 Bybit live order book, 2 min ago0.66 bp7.2 bp −$710.6 bp −$10642.0 bp −$4,196doesn't fit
Sell KuCoin live order book, 2 min ago1.31 bp13.0 bp −$1343.1 bp −$431doesn'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 −0.0265% / S +0.0494%1h152.29−0.089%$90K20xas long as short
Gate SPCX_USDT0.0000%8h152.41−0.013%$96.2M$31.5M100xas long as short
Bitget SPCXUSDT0.0000%8h152.50+0.046%$31.3M$65.8M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+13.188%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.430.000%$300K$2.9M20xas long as short
SunX SPCX-USDT0.0000%8h152.62+0.125%$8K$920K10xas long as short
HTX SPCX-USDT0.0000%8h152.38−0.033%$1.3M$1.8M75xas long as short
Bybit SPCXUSDTlong+0.0014%8h152.43long leg$30.6M$42.7M100x
BloFin SPCX-USDT+0.0027%8h152.40−0.020%$1.9M$1.3M75xas long as short
Aftermath Perps SPCXUSD+0.0031%1h152.37−0.040%$7K$8K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SPCX+0.0032%1h152.35−0.052%$2.5M$7.4M20xas long as short
Arcus SPCX-USD+0.0040%1h152.36−0.046%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.430.000%$1.2M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.42−0.007%$495K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.37−0.039%$1.7M$99K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.430.000%$532K$392K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.15−0.184%$3.2M$2.4M10xas long as short
QFEX SPCX-USD+0.0050%1h152.45+0.013%$1.2M$5.7M10xas long as short
Paradex SPCX-USD-PERP+0.0055%8h152.48+0.031%$1015xas long as short
Lighter SPCX+0.0096%1h152.40−0.020%$1.6M$7.4M20xas long as short
Pacifica SPCX+0.0100%1h152.32−0.072%$168K$120K10xas long as short
KuCoin SPCXUSDTMshort+0.0100%8h152.36−0.046%$13.0M$5.4M20x
ApeX Omni SPCXUSDT+0.0100%1h152.34−0.059%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.34−0.059%$14K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.35−0.055%$8810xas long as short
Variational Omni SPCX+0.0141%8h152.53+0.063%$6.0M$2.9Mas long as short
Binance SPCXUSDT+0.0144%8h152.47+0.026%$249.7M$1.36B75xas long as short
Extended SPCX-USD+0.0144%1h152.43+0.001%$732K$3.8M10xas long as short
tradeXYZ xyz:SPCX+0.0144%1h152.34−0.059%$131.3M$128.1M20xas long as short
OKX SPCX-USDT-SWAP+0.0146%8h152.49+0.039%$39.4M$166.4M75xas long as short
Nado SPCX-PERP+0.0209%1h152.36−0.045%$613K$802K20xas long as short
RISEx SPCX/USDC+0.0217%1h152.48+0.036%$408K$517K20xas long as short
Bullet SPCX-USD+0.0218%1h152.41−0.013%$12K$192K10xas long as short
Coinbase International SPCX-PERP-INTX+0.0248%1h152.44+0.007%$739K$931K10xas long as short
Phoenix SPCX+0.0261%1h152.41−0.013%$443K$264K15xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0407%1h152.39−0.026%$86K$1.2M10xas long as short
Aster SPCXUSD1+0.0419%8h152.51+0.050%$18.9M$24.0M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h153.19+0.499%$9K$28K5.5xas long as short
edgeX SPCXUSDC+0.0955%4h152.36−0.044%$1.7M$892K20xas long as short