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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0217%/8h= +23.8% APRnext payment +$0.27 per $10,000 · paid last 24h +0.084%
Price spread now: QFEX against GMX+0.003%48s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SPCX/USD [ETH-USDC]152.63L −0.0187% / S +0.0435%get 0.0023% / 1h53m 39s$90K20x
ShortQFEX SPCX-USD152.640.0031get 0.0004% / 1h53m 39s$1.2M$5.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against GMX. 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
$45.64
Price spread: +0.003% → 0.000%
$0.33
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
$23.97
Costs to cover
0.220%
Break-even
3.3 days
Slippage unknown: GMX: no order-book sample; QFEX: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell QFEX live order book, 5 min ago1.31 bp6.3 bp −$67.9 bp −$7917.7 bp −$1,774doesn't fit
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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]longL −0.0187% / S +0.0435%1h152.63long leg$90K20x
BloFin SPCX-USDT−0.0027%8h152.79+0.102%$1.9M$1.2M75xas long as short
Bybit SPCXUSDT0.0000%8h152.66+0.016%$30.4M$43.4M100xas long as short
Gate SPCX_USDT0.0000%8h152.65+0.010%$96.0M$31.8M100xas long as short
Bitget SPCXUSDT0.0000%8h152.71+0.049%$31.0M$66.8M75xas long as short
StandX SPCX-USD0.0000%1h152.66+0.016%$305K$2.6M20xas long as short
Bullet SPCX-USD0.0000%1h152.71+0.046%$10K$191K10xas long as short
SunX SPCX-USDT0.0000%8h153.12+0.318%$8K$840K10xas long as short
Deribit SPCX_USDC-PERPETUAL0.0000%1h152.66+0.016%$82K$1.4M10xas long as short
HTX SPCX-USDT0.0000%8h152.74+0.069%$1.3M$1.7M75xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SPCXUSD+0.0014%1h152.67+0.025%$7K$7K10xas long as short
QFEX SPCX-USDshort+0.0031%1h152.64+0.003%$1.2M$5.4M10x
Lighter SPCX+0.0032%1h152.60−0.023%$1.6M$7.4M20xas long as short
Lighter RH SPCX+0.0032%1h152.57−0.043%$2.5M$7.3M20xas long as short
Arcus SPCX-USD+0.0040%1h152.58−0.036%$103K$295K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.71+0.049%$1.3M10xas long as short
tradeXYZ xyz:SPCX+0.0050%1h152.59−0.029%$129.5M$129.4M20xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.68+0.029%$489K$1.1M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.65+0.010%$1.7M$100K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.65+0.010%$531K$363K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.67+0.023%$3.1M$2.2M10xas long as short
Nado SPCX-PERP+0.0053%1h152.67+0.024%$634K$807K20xas long as short
Paradex SPCX-USD-PERP+0.0056%8h152.66+0.015%$1015xas long as short
RISEx SPCX/USDC+0.0068%1h152.70+0.043%$382K$507K20xas long as short
Variational Omni SPCX+0.0076%8h152.78+0.092%$5.9M$2.8Mas long as short
Extended SPCX-USD+0.0088%1h152.64+0.002%$725K$5.4M10xas long as short
Binance SPCXUSDT+0.0089%8h152.67+0.024%$252.0M$1.38B75xas long as short
OKX SPCX-USDT-SWAP+0.0099%8h152.71+0.049%$39.4M$168.8M75xas long as short
Pacifica SPCX+0.0100%1h152.58−0.036%$169K$117K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.63−0.003%$13.0M$5.9M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.70+0.043%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.70+0.043%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.66+0.016%$8910xas long as short
Coinbase International SPCX-PERP-INTX+0.0184%1h152.67+0.023%$687K$1.0M10xas long as short
Phoenix SPCX+0.0210%1h152.73+0.062%$449K$271K15xas long as short
Aster SPCXUSD1+0.0395%8h152.83+0.128%$19.0M$30.7M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h152.78+0.095%$9K$28K5.5xas long as short
edgeX SPCXUSDC+0.0672%4h152.77+0.088%$1.7M$889K20xas long as short