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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0216%/8h= −23.7% APRnext payment $0.27 per $10,000 · paid last 24h −0.003%
Price spread now: StandX against Extended+0.040%7-day average +0.110% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$270.268% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.040%−$4 on $10k
Price spread, last 7 days+0.046%+$5 · spread now +0.040%, 7d avg +0.110%
Together, before fees+0.006%+ Points / potential airdropExtended: Active · StandX: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and StandX is 0.071% cheaper against Extended than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.110%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.040% in total (about -2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SPCX-USD152.650.0216pay 0.0027% / 1h7m 52s$715K$3.6M10x
ShortStandX SPCX-USD152.710get 0.0000% / 1h7m 52s$302K$3.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

StandX 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
−$45.36
Price spread: +0.040% → +0.110%
−$7.05
Slippage, 4 orders
−$13.75
Fee Extended: 2.5 bp × 2 orders
−$5
Fee StandX: 4 bp × 2 orders
−$8
Net
−$79.17
Costs to cover
0.268%
Break-even
never at this rate
Slippage from Extended: live order book, 1 min ago; StandX: live order book, 1 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, 1 min ago0.98 bp3.5 bp −$36.1 bp −$61doesn't fitdoesn't fit
Sell StandX live order book, 1 min ago5.89 bp9.9 bp −$1015.0 bp −$150doesn'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 −0.0271% / S +0.0488%1h152.63−0.009%$88K20xas long as short
Gate SPCX_USDT0.0000%8h152.67+0.014%$96.5M$31.2M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.50+13.007%$4K$88210xas long as short
StandX SPCX-USDshort0.0000%1h152.71+0.040%$302K$3.1M20x
SunX SPCX-USDT0.0000%8h152.92+0.177%$8K$990K10xas long as short
HTX SPCX-USDT0.0000%8h152.66+0.007%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0024%1h152.60−0.033%$7K$10K10xas long as short
Lighter RH SPCX+0.0032%1h152.60−0.032%$2.4M$7.7M20xas long as short
Injective SPCX/USDC PERP+0.0033%1h157.25+3.014%$9K$27K5.5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.68+0.020%$1.1M10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps SPCX-USD+0.0050%1h152.63−0.013%$489K$1.1M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.650.000%$1.7M$79K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.650.000%$540K$406K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.52−0.085%$3.2M$2.6M10xas long as short
Lighter SPCX+0.0056%1h152.61−0.026%$1.6M$7.3M20xas long as short
QFEX SPCX-USD+0.0057%1h152.67+0.014%$1.2M$7.6M10xas long as short
BloFin SPCX-USDT+0.0094%8h152.69+0.027%$1.9M$1.4M75xas long as short
Paradex SPCX-USD-PERP+0.0098%8h152.68+0.018%$1015xas long as short
Pacifica SPCX+0.0100%1h152.61−0.026%$176K$135K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.54−0.072%$13.0M$5.3M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.74+0.059%$58K$270K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.70+0.033%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.70+0.032%$8910xas long as short
Bybit SPCXUSDT+0.0155%8h152.68+0.020%$30.7M$42.3M100xas long as short
tradeXYZ xyz:SPCX+0.0184%1h152.63−0.013%$129.9M$107.3M20xas long as short
OKX SPCX-USDT-SWAP+0.0184%8h152.67+0.014%$39.0M$168.2M75xas long as short
Variational Omni SPCX+0.0189%8h152.69+0.027%$6.1M$4.3Mas long as short
Bullet SPCX-USD+0.0204%1h152.67+0.015%$12K$190K10xas long as short
Binance SPCXUSDT+0.0215%8h152.650.000%$256.2M$1.38B75xas long as short
Extended SPCX-USDlong+0.0216%1h152.65long leg$715K$3.6M10x
Coinbase International SPCX-PERP-INTX+0.0232%1h152.71+0.040%$741K$947K10xas long as short
Aster SPCXUSD1+0.0244%8h152.72+0.046%$19.0M$21.3M20xas long as short
Phoenix SPCX+0.0262%1h152.71+0.040%$371K$191K15xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0274%1h152.66+0.007%$71K$1.1M10xas long as short
Arcus SPCX-USD+0.0293%1h152.62−0.019%$106K$296K5xas long as short
edgeX SPCXUSDC+0.0303%4h152.69+0.026%$1.7M$892K20xas long as short
Nado SPCX-PERP+0.0304%1h152.55−0.067%$625K$878K20xas long as short
Bitget SPCXUSDT+0.0343%8h152.69+0.027%$31.1M$66.5M75xas long as short
RISEx SPCX/USDC+0.0462%1h152.73+0.053%$393K$539K20xas long as short