Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0356%/8h= +39.0% APRpaid last 24h −0.013%

Price spread now: edgeX against KuCoin+0.079%53s7-day average +0.023% · you sell dearer than you buy

Net, funding: paid 7d − costs+$38as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$390.395% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.771%+$77 on $10k

Price spread, last 7 days−0.003%$0 · spread now +0.079%, 7d avg +0.023%

Together, before fees+0.769%+ Points / potential airdropedgeX: Active · farm board+$77 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and edgeX is 0.056% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.023%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SPCXUSDTM	153.00	0.0100	pay 0.0100% / 8h	7h 04m	$13.0M	$5.5M	20x
Short	edgeX SPCXUSDC	153.12	0.0456	get 0.0228% / 4h	3h 04m	$1.7M	$893K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee edgeXbpOrdersPrice spread, now +0.079%Rate

Funding earned: $74.72
Price spread: +0.079% → +0.023%: $5.59
Slippage, 4 orders: −$18.45
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $40.86
Costs to cover: 0.395%
Break-even: 3.2 days

Slippage from KuCoin: live order book, 4 min ago; edgeX: live order book, 4 min ago.

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 KuCoin live order book, 4 min ago	0.33 bp	15.3 bp −$15	42.4 bp −$424	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	1.96 bp	6.5 bp −$6	7.5 bp −$75	21.8 bp −$2,179	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 −0.0328% / S +0.0528%	1h	153.10	+0.069%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.11	+0.072%	$96.4M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.758%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	153.05	+0.033%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.34	+0.222%	$8K	$954K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.12	+0.078%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	153.03	+0.022%	$8K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	153.07	+0.046%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.06	+0.039%	$2.5M	$7.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.778%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SPCX-USD-PERP	+0.0046%	1h	153.14	+0.092%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.09	+0.059%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.11	+0.072%	$1.7M	$87K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.12	+0.078%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.97	−0.020%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.09	+0.059%	$1.2M	$7.1M	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0077%	1h	153.09	+0.059%	$72K	$1.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0090%	8h	153.14	+0.094%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	153.05	+0.033%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTMlong	+0.0100%	8h	153.00	long leg	$13.0M	$5.5M	20x
ApeX Omni SPCXUSDT	+0.0100%	1h	153.04	+0.026%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.15	+0.098%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.13	+0.085%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0122%	8h	153.13	+0.085%	$1.9M	$1.4M	75x	as long as short
Bybit SPCXUSDT	+0.0129%	8h	153.14	+0.092%	$30.9M	$42.8M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	153.06	+0.039%	$105K	$297K	5x	as long as short
tradeXYZ xyz:SPCX	+0.0204%	1h	153.10	+0.065%	$143.1M	$119.2M	20x	as long as short
Bullet SPCX-USD	+0.0211%	1h	153.13	+0.088%	$11K	$189K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0215%	8h	153.16	+0.105%	$39.3M	$168.9M	75x	as long as short
Variational Omni SPCX	+0.0228%	8h	153.12	+0.076%	$6.0M	$3.5M	—	as long as short
Nado SPCX-PERP	+0.0235%	1h	153.06	+0.039%	$621K	$851K	20x	as long as short
Extended SPCX-USD	+0.0240%	1h	153.09	+0.062%	$734K	$3.9M	10x	as long as short
Binance SPCXUSDT	+0.0242%	8h	153.13	+0.085%	$252.8M	$1.38B	75x	as long as short
Bitget SPCXUSDT	+0.0290%	8h	153.16	+0.105%	$31.7M	$66.6M	75x	as long as short
Phoenix SPCX	+0.0314%	1h	153.11	+0.072%	$445K	$271K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.14	+0.092%	$728K	$986K	10x	as long as short
Aster SPCXUSD1	+0.0389%	8h	153.15	+0.095%	$19.0M	$18.5M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.17	+0.111%	$401K	$535K	20x	as long as short
edgeX SPCXUSDCshort	+0.0456%	4h	153.12	+0.079%	$1.7M	$893K	20x