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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0205%/8h= +22.4% APRnext payment +$0.26 per $10,000 · paid last 24h +0.005%
Price spread now: RISEx against Coinbase International+0.023%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$260.255% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.088%−$9 on $10k
Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.023%, 7d avg +0.046%
Together, before fees−0.055%−$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.023% cheaper against Coinbase International than usual: you would sell low and buy high (spread +0.023% now, against its 7-day average of +0.046%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day). Mind the row above: over the last 4 days funding on this pair cost −0.088%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SPCX-PERP-INTX152.340.0240pay 0.0030% / 1h13m 49s$728K$930K10x
ShortRISEx SPCX/USDC152.370.0445get 0.0056% / 1h13m 49s$381K$507K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Coinbase International. 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
$42.99
Price spread: +0.023% → +0.046%
−$2.31
Slippage, 4 orders
−$9.53
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee RISEx: 3 bp × 2 orders
−$6
Net
$15.15
Costs to cover
0.255%
Break-even
4.5 days
Slippage from Coinbase International: live order book, 25 min ago; RISEx: live order book, 24 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 Coinbase International live order book, 25 min ago2.95 bp8.1 bp −$810.7 bp −$107doesn't fitdoesn't fit
Sell RISEx live order book, 24 min ago0.98 bp4.0 bp −$44.9 bp −$49doesn'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%1h152.24−0.069%$90K20xas long as short
Bybit SPCXUSDT0.0000%8h152.32−0.013%$30.5M$42.8M100xas long as short
Gate SPCX_USDT0.0000%8h152.31−0.020%$96.2M$32.0M100xas long as short
Bitget SPCXUSDT0.0000%8h152.340.000%$31.2M$66.2M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+13.251%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.33−0.007%$300K$2.6M20xas long as short
SunX SPCX-USDT0.0000%8h152.56+0.144%$8K$889K10xas long as short
HTX SPCX-USDT0.0000%8h152.39+0.033%$1.3M$1.8M75xas long as short
BloFin SPCX-USDT+0.0007%8h152.31−0.020%$1.9M$1.2M75xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0013%1h152.28−0.039%$89K$1.4M10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SPCXUSD+0.0023%1h152.22−0.081%$7K$8K10xas long as short
Lighter SPCX+0.0032%1h152.24−0.066%$1.6M$7.4M20xas long as short
Lighter RH SPCX+0.0032%1h152.22−0.079%$2.5M$7.3M20xas long as short
Arcus SPCX-USD+0.0040%1h152.24−0.066%$103K$298K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.32−0.013%$1.2M10xas long as short
tradeXYZ xyz:SPCX+0.0050%1h152.23−0.072%$129.7M$129.3M20xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.27−0.046%$488K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.29−0.033%$1.7M$99K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.31−0.020%$530K$371K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.17−0.112%$3.2M$2.2M10xas long as short
QFEX SPCX-USD+0.0070%1h152.28−0.039%$1.2M$5.5M10xas long as short
Paradex SPCX-USD-PERP+0.0078%8h152.32−0.010%$1015xas long as short
Pacifica SPCX+0.0100%1h152.23−0.072%$168K$119K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.17−0.112%$13.0M$5.6M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.32−0.013%$58K$272K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.29−0.033%$14K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.31−0.018%$8810xas long as short
Variational Omni SPCX+0.0115%8h152.29−0.032%$5.9M$2.8Mas long as short
Binance SPCXUSDT+0.0126%8h152.34−0.002%$253.2M$1.36B75xas long as short
Bullet SPCX-USD+0.0127%1h152.33−0.007%$11K$192K10xas long as short
Extended SPCX-USD+0.0128%1h152.29−0.030%$724K$5.3M10xas long as short
OKX SPCX-USDT-SWAP+0.0141%8h152.340.000%$39.7M$166.7M75xas long as short
Nado SPCX-PERP+0.0156%1h152.26−0.055%$631K$804K20xas long as short
edgeX SPCXUSDC+0.0230%4h152.30−0.027%$1.7M$891K20xas long as short
Coinbase International SPCX-PERP-INTXlong+0.0240%1h152.34long leg$728K$930K10x
Phoenix SPCX+0.0368%1h152.31−0.020%$444K$266K15xas long as short
Aster SPCXUSD1+0.0396%8h152.42+0.052%$18.9M$29.9M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h152.58+0.158%$9K$28K5.5xas long as short
RISEx SPCX/USDCshort+0.0445%1h152.37+0.023%$381K$507K20x