Funding you earn now, next payment 03:00 UTC−0.0134%/8h= −14.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.002%
Price spread now: Polymarket Perps against Extended−0.011%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$160.163% of the position
Funding, last 7 days+0.035%+$4 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.011%, 7d avg +0.016%
=Together, before fees+0.073%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Polymarket Perps is 0.027% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPCX-USD | 152.99 | 0.0184 | pay 0.0023% / 1h | 32m 45s | $736K | $3.8M | 10x |
| Short | Polymarket Perps SPCX-USD | 152.97 | 0.0050 | get 0.0006% / 1h | 32m 45s | $499K | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$28.14
- Price spread: −0.011% → +0.016%
- −$2.67
- Slippage, 4 orders
- −$3.27
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$47.07
- Costs to cover
- 0.163%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 min ago; Polymarket Perps: live order book, just now.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 1 min ago | 0.33 bp | 2.8 bp −$3 | 5.5 bp −$55 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, just now | 1.31 bp | 5.3 bp −$5 | 6.2 bp −$62 | 9.3 bp −$930 | doesn't fit |
SPCX on 39 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX SPCX/USD [ETH-USDC] | L −0.0333% / S +0.0531% | 1h | 153.00 | +0.006% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.98 | −0.004% | $96.1M | $31.3M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 153.04 | +0.035% | $31.7M | $66.1M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.773% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.91 | −0.050% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.23 | +0.159% | $8K | $940K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.05 | +0.042% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.97 | −0.011% | $8K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.95 | −0.024% | $1.6M | $7.2M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.93 | −0.037% | $2.5M | $7.2M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SPCXUSDT | +0.0036% | 8h | 153.02 | +0.022% | $30.8M | $42.8M | 100x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.95 | −0.024% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.98 | −0.004% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0048% | 1h | 152.99 | +0.002% | $1.2M | $6.6M | 10x | as long as short |
| Polymarket Perps SPCX-USDshort | +0.0050% | 1h | 152.97 | −0.011% | $499K | $1.2M | 10x | |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.01 | +0.015% | $1.7M | $93K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.00 | +0.009% | $534K | $402K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.86 | −0.083% | $3.2M | $2.5M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0067% | 8h | 153.04 | +0.035% | $1.9M | $1.4M | 75x | as long as short |
| Paradex SPCX-USD-PERP | +0.0074% | 8h | 153.05 | +0.039% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.93 | −0.037% | $169K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.92 | −0.043% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.05 | +0.042% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.05 | +0.042% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.01 | +0.014% | $89 | — | 10x | as long as short |
| Bullet SPCX-USD | +0.0146% | 1h | 153.03 | +0.029% | $11K | $190K | 10x | as long as short |
| Variational Omni SPCX | +0.0173% | 8h | 153.00 | +0.006% | $6.0M | $3.1M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0179% | 8h | 153.03 | +0.029% | $39.5M | $167.7M | 75x | as long as short |
| Extended SPCX-USDlong | +0.0184% | 1h | 152.99 | long leg | $736K | $3.8M | 10x | |
| Binance SPCXUSDT | +0.0187% | 8h | 153.01 | +0.015% | $252.6M | $1.37B | 75x | as long as short |
| tradeXYZ xyz:SPCX | +0.0188% | 1h | 152.97 | −0.011% | $142.1M | $119.4M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0199% | 1h | 153.04 | +0.035% | $408K | $549K | 20x | as long as short |
| Nado SPCX-PERP | +0.0200% | 1h | 152.91 | −0.048% | $622K | $831K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.01 | +0.015% | $738K | $980K | 10x | as long as short |
| Phoenix SPCX | +0.0262% | 1h | 153.00 | +0.009% | $445K | $267K | 15x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0339% | 1h | 152.98 | −0.004% | $73K | $1.2M | 10x | as long as short |
| Aster SPCXUSD1 | +0.0405% | 8h | 153.10 | +0.074% | $19.0M | $17.1M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.28 | +0.192% | $9K | $27K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0524% | 4h | 152.99 | +0.003% | $1.7M | $892K | 20x | as long as short |
Extended SPCX-USD
Polymarket Perps SPCX-USD
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
Bybit SPCXUSDT
SoDEX SPCX-USD
Phemex SPCXUSDT
BloFin SPCX-USDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Bullet SPCX-USD
Variational Omni SPCX
OKX SPCX-USDT-SWAP
Binance SPCXUSDT
tradeXYZ xyz:SPCX
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Deribit SPCX_USDC-PERPETUAL
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC