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−0.0053%/8h= −5.8% APRnext payment $0.07 per $10,000 · paid last 24h +0.010%
Price spread now: Bullet against Extended+0.020%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$190.194% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.091%+$9 on $10k
Price spread, last 4 days (all we have)+0.946%+$95 · spread now +0.020%, 7d avg +0.041%
Together, before fees+1.037%+ Points / potential airdropExtended: Active · farm board+$104 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bullet is 0.020% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.041%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.091%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SPCX-USD153.060.0224pay 0.0028% / 1h20m 34s$736K$3.8M10x
ShortBullet SPCX-USD153.090.0171get 0.0021% / 1h20m 34s$11K$189K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against Extended. 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
−$11.15
Price spread: +0.020% → +0.041%
−$2.04
Slippage, 4 orders
−$6.36
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$32.54
Costs to cover
0.194%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; Bullet: live order book, 48 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 Extended live order book, 3 min ago0.33 bp2.8 bp −$35.5 bp −$55doesn't fitdoesn't fit
Sell Bullet live order book, 48 min ago0.65 bp8.0 bp −$820.8 bp −$208doesn't fitdoesn't fit

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 −0.0344% / S +0.0539%1h153.04−0.008%$88K20xas long as short
Gate SPCX_USDT0.0000%8h153.07+0.008%$96.0M$31.3M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+12.719%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.98−0.051%$302K$3.1M20xas long as short
SunX SPCX-USDT0.0000%8h153.36+0.198%$8K$946K10xas long as short
HTX SPCX-USDT0.0000%8h153.12+0.041%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0024%1h152.97−0.058%$8K$8K10xas long as short
edgeX SPCXUSDC+0.0027%4h153.07+0.008%$1.7M$893K20xas long as short
Lighter SPCX+0.0032%1h153.05−0.005%$1.6M$7.2M20xas long as short
Lighter RH SPCX+0.0032%1h153.02−0.025%$2.5M$7.3M20xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SPCX/USDC PERP+0.0033%1h153.32+0.171%$9K$27K5.5xas long as short
Arcus SPCX-USD+0.0040%1h153.01−0.031%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h153.05−0.005%$1.2M10xas long as short
QFEX SPCX-USD+0.0049%1h153.05−0.005%$1.2M$6.7M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h153.03−0.018%$501K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h153.06+0.002%$1.7M$90K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.09+0.021%$534K$405K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.92−0.090%$3.2M$2.6M10xas long as short
Bybit SPCXUSDT+0.0086%8h153.11+0.034%$30.8M$43.0M100xas long as short
Paradex SPCX-USD-PERP+0.0089%8h153.10+0.030%$1015xas long as short
Pacifica SPCX+0.0100%1h152.97−0.057%$169K$133K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h153.01−0.031%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h153.14+0.054%$58K$272K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.09+0.021%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h153.09+0.021%$8910xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0142%1h153.03−0.018%$72K$1.1M10xas long as short
Bitget SPCXUSDT+0.0145%8h153.13+0.047%$31.9M$66.2M75xas long as short
Bullet SPCX-USDshort+0.0171%1h153.09+0.020%$11K$189K10x
tradeXYZ xyz:SPCX+0.0181%1h153.04−0.011%$142.4M$119.1M20xas long as short
OKX SPCX-USDT-SWAP+0.0197%8h153.11+0.034%$39.4M$169.0M75xas long as short
Variational Omni SPCX+0.0208%8h153.07+0.006%$6.0M$3.3Mas long as short
Binance SPCXUSDT+0.0222%8h153.09+0.018%$252.8M$1.37B75xas long as short
Extended SPCX-USDlong+0.0224%1h153.06long leg$736K$3.8M10x
Nado SPCX-PERP+0.0244%1h152.98−0.048%$622K$838K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0288%1h152.97−0.057%$738K$983K10xas long as short
Phoenix SPCX+0.0314%1h153.08+0.015%$445K$270K15xas long as short
Aster SPCXUSD1+0.0408%8h153.13+0.050%$19.0M$14.8M20xas long as short
RISEx SPCX/USDC+0.0410%1h153.13+0.044%$408K$539K20xas long as short