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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0061%/8h= −6.6% APRnext payment $0.08 per $10,000 · paid last 24h −0.013%
Price spread now: QFEX against Extended−0.005%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$200.202% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.011%−$1 on $10k
Price spread, last 7 days+0.094%+$9 · spread now −0.005%, 7d avg +0.046%
Together, before fees+0.083%+ Points / potential airdropExtended: Active · farm board+$8 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 QFEX is 0.051% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.046%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SPCX-USD152.740.0096pay 0.0012% / 1h0m 35s$723K$5.4M10x
ShortQFEX SPCX-USD152.730.0035get 0.0004% / 1h0m 35s$1.2M$5.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
−$12.73
Price spread: −0.005% → +0.046%
−$5.06
Slippage, 4 orders
−$5.24
Fee Extended: 2.5 bp × 2 orders
−$5
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$38.04
Costs to cover
0.202%
Break-even
never at this rate
Slippage from Extended: live order book, 3 min ago; QFEX: live order book, 3 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 ago1.31 bp3.8 bp −$46.5 bp −$65doesn't fitdoesn't fit
Sell QFEX live order book, 3 min ago1.31 bp6.3 bp −$610.6 bp −$10621.9 bp −$2,189doesn'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 −0.0187% / S +0.0435%1h152.75+0.005%$90K20xas long as short
BloFin SPCX-USDT−0.0022%8h152.80+0.041%$1.9M$1.2M75xas long as short
Bybit SPCXUSDT0.0000%8h152.79+0.035%$30.5M$43.3M100xas long as short
Gate SPCX_USDT0.0000%8h152.76+0.015%$96.1M$32.8M100xas long as short
Bitget SPCXUSDT0.0000%8h152.78+0.028%$31.0M$66.7M75xas long as short
StandX SPCX-USD0.0000%1h152.67−0.044%$300K$2.6M20xas long as short
SunX SPCX-USDT0.0000%8h153.04+0.198%$8K$841K10xas long as short
Deribit SPCX_USDC-PERPETUAL0.0000%1h152.81+0.048%$82K$1.4M10xas long as short
HTX SPCX-USDT0.0000%8h152.92+0.120%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0015%1h152.61−0.083%$7K$7K10xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SPCX+0.0032%1h152.73−0.005%$1.6M$7.4M20xas long as short
Lighter RH SPCX+0.0032%1h152.70−0.024%$2.5M$7.3M20xas long as short
QFEX SPCX-USDshort+0.0035%1h152.73−0.005%$1.2M$5.4M10x
Arcus SPCX-USD+0.0040%1h152.67−0.044%$103K$295K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.83+0.061%$1.2M10xas long as short
tradeXYZ xyz:SPCX+0.0050%1h152.71−0.018%$129.7M$130.2M20xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.81+0.048%$490K$1.1M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.78+0.028%$1.7M$99K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.81+0.048%$532K$363K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.57−0.109%$3.1M$2.2M10xas long as short
Paradex SPCX-USD-PERP+0.0056%8h152.74+0.005%$1015xas long as short
Variational Omni SPCX+0.0081%8h152.78+0.026%$5.9M$2.7Mas long as short
Bullet SPCX-USD+0.0092%1h152.82+0.055%$11K$191K10xas long as short
Nado SPCX-PERP+0.0093%1h152.77+0.019%$633K$808K20xas long as short
Extended SPCX-USDlong+0.0096%1h152.74long leg$723K$5.4M10x
Binance SPCXUSDT+0.0097%8h152.78+0.028%$252.9M$1.37B75xas long as short
Pacifica SPCX+0.0100%1h152.72−0.011%$169K$117K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.66−0.051%$13.0M$5.9M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.70−0.024%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.82+0.054%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.77+0.024%$8910xas long as short
OKX SPCX-USDT-SWAP+0.0105%8h152.81+0.048%$39.4M$168.7M75xas long as short
RISEx SPCX/USDC+0.0190%1h152.81+0.048%$382K$507K20xas long as short
Phoenix SPCX+0.0210%1h152.77+0.021%$449K$268K15xas long as short
Coinbase International SPCX-PERP-INTX+0.0280%1h152.67−0.044%$687K$1.0M10xas long as short
Aster SPCXUSD1+0.0398%8h152.90+0.107%$19.0M$30.7M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h152.78+0.028%$9K$28K5.5xas long as short
edgeX SPCXUSDC+0.0726%4h152.71−0.015%$1.7M$890K20xas long as short