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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0055%/8h= +6.0% APRnext payment +$0.55 per $10,000 · paid last 24h −0.010%
Price spread now: OKX against KuCoin+0.085%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$380.377% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.031%+$3 on $10k
Price spread, last 7 days−0.015%−$2 · spread now +0.085%, 7d avg +0.049%
Together, before fees+0.015%+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and OKX is 0.036% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.049%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SPCXUSDTM152.990.0100pay 0.0100% / 8h4h 39m$13.0M$5.5M20x
ShortOKX SPCX-USDT-SWAP153.120.0155get 0.0155% / 8h4h 39m$39.5M$166.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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

Funding earned
$11.46
Price spread: +0.085% → +0.049%
$3.62
Slippage, 4 orders
−$15.75
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$22.67
Costs to cover
0.377%
Break-even
20.9 days
Slippage from KuCoin: live order book, 4 min ago; OKX: live order book, 5 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 KuCoin live order book, 4 min ago0.98 bp12.8 bp −$1340.6 bp −$406doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago0.33 bp5.3 bp −$56.5 bp −$6512.5 bp −$1,246doesn'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 −0.0314% / S +0.0531%1h153.06+0.042%$91K20xas long as short
Bybit SPCXUSDT0.0000%8h153.09+0.065%$30.8M$42.9M100xas long as short
Gate SPCX_USDT0.0000%8h153.07+0.052%$96.3M$31.3M100xas long as short
Bitget SPCXUSDT0.0000%8h153.13+0.092%$31.7M$65.3M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+12.770%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h153.03+0.026%$302K$3.0M20xas long as short
SunX SPCX-USDT0.0000%8h153.29+0.196%$8K$937K10xas long as short
Deribit SPCX_USDC-PERPETUAL0.0000%1h153.04+0.033%$73K$1.2M10xas long as short
HTX SPCX-USDT0.0000%8h153.14+0.098%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0022%1h153.03+0.026%$8K$8K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SPCX+0.0032%1h153.05+0.039%$1.6M$7.3M20xas long as short
Lighter RH SPCX+0.0032%1h153.00+0.007%$2.5M$7.2M20xas long as short
Arcus SPCX-USD+0.0040%1h153.02+0.020%$105K$297K5xas long as short
BloFin SPCX-USDT+0.0040%8h153.10+0.072%$1.9M$1.4M75xas long as short
Vest SPCX-USD-PERP+0.0046%1h153.10+0.072%$1.2M10xas long as short
QFEX SPCX-USD+0.0046%1h153.05+0.039%$1.2M$6.2M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h153.05+0.039%$499K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h153.07+0.052%$1.7M$95K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.09+0.065%$533K$395K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.93−0.039%$3.2M$2.5M10xas long as short
Paradex SPCX-USD-PERP+0.0064%8h153.11+0.080%$1015xas long as short
tradeXYZ xyz:SPCX+0.0071%1h153.05+0.039%$141.5M$119.0M20xas long as short
Bullet SPCX-USD+0.0082%1h153.09+0.068%$10K$191K10xas long as short
Pacifica SPCX+0.0100%1h152.990.000%$169K$130K10xas long as short
KuCoin SPCXUSDTMlong+0.0100%8h152.99long leg$13.0M$5.5M20x
ApeX Omni SPCXUSDT+0.0100%1h153.12+0.085%$59K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.09+0.065%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h153.08+0.058%$8910xas long as short
Nado SPCX-PERP+0.0132%1h153.03+0.026%$617K$824K20xas long as short
Variational Omni SPCX+0.0149%8h153.08+0.057%$6.0M$3.1Mas long as short
OKX SPCX-USDT-SWAPshort+0.0155%8h153.12+0.085%$39.5M$166.9M75x
Extended SPCX-USD+0.0160%1h153.05+0.039%$738K$3.8M10xas long as short
Binance SPCXUSDT+0.0160%8h153.09+0.062%$252.2M$1.37B75xas long as short
RISEx SPCX/USDC+0.0191%1h153.12+0.088%$410K$530K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0256%1h153.04+0.033%$738K$925K10xas long as short
Phoenix SPCX+0.0261%1h153.10+0.072%$445K$268K15xas long as short
Aster SPCXUSD1+0.0409%8h153.16+0.109%$19.0M$19.8M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h153.35+0.235%$9K$28K5.5xas long as short
edgeX SPCXUSDC+0.0913%4h153.08+0.060%$1.7M$891K20xas long as short