Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0091%/8h= +10.0% APRpaid last 24h +0.030%

Price spread now: RISEx against KuCoin+0.084%7-day average +0.089% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$320.322% of the position

Long on KuCoin Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.038%+$4 on $10k

Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.084%, 7d avg +0.089%

Together, before fees+0.019%+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.089%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SPCXUSDTM	152.99	0.0100	pay 0.0100% / 8h	4h 36m	$13.0M	$5.5M	20x
Short	RISEx SPCX/USDC	153.12	0.0191	get 0.0024% / 1h	36m 23s	$410K	$530K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.084%Rate

Funding earned: $19.13
Price spread: +0.084% → +0.089%: −$0.52
Slippage, 4 orders: −$14.19
Fee KuCoin: 6 bp × 2 orders: −$12
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$13.58
Costs to cover: 0.322%
Break-even: 12.0 days

Slippage from KuCoin: live order book, 2 min ago; RISEx: live order book, 22 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, 2 min ago	0.98 bp	11.9 bp −$12	39.3 bp −$393	doesn't fit	doesn't fit
Sell RISEx live order book, 22 min ago	0.98 bp	4.0 bp −$4	4.6 bp −$46	doesn't fit	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 −0.0314% / S +0.0531%	1h	153.04	+0.036%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.10	+0.072%	$30.8M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.06	+0.046%	$96.3M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.11	+0.078%	$31.7M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.770%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	153.00	+0.007%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.29	+0.196%	$8K	$937K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.13	+0.092%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0011%	1h	153.04	+0.033%	$73K	$1.2M	10x	as long as short
Aftermath Perps SPCXUSD	+0.0022%	1h	153.03	+0.029%	$8K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0032%	1h	153.05	+0.039%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.01	+0.013%	$2.5M	$7.2M	20x	as long as short
BloFin SPCX-USDT	+0.0038%	8h	153.10	+0.072%	$1.9M	$1.4M	75x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.01	+0.013%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.09	+0.065%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.03	+0.026%	$1.2M	$6.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.04	+0.033%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.05	+0.039%	$1.7M	$95K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.09	+0.065%	$533K	$395K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.93	−0.039%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0063%	8h	153.08	+0.061%	$101	—	5x	as long as short
tradeXYZ xyz:SPCX	+0.0074%	1h	153.05	+0.039%	$141.5M	$119.0M	20x	as long as short
Bullet SPCX-USD	+0.0082%	1h	153.09	+0.063%	$11K	$191K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.98	−0.007%	$169K	$130K	10x	as long as short
KuCoin SPCXUSDTMlong	+0.0100%	8h	152.99	long leg	$13.0M	$5.5M	20x
ApeX Omni SPCXUSDT	+0.0100%	1h	153.11	+0.078%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.09	+0.065%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.07	+0.055%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0128%	1h	153.03	+0.025%	$617K	$823K	20x	as long as short
Variational Omni SPCX	+0.0149%	8h	153.08	+0.057%	$6.0M	$3.1M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0152%	8h	153.09	+0.065%	$39.5M	$166.9M	75x	as long as short
Binance SPCXUSDT	+0.0157%	8h	153.08	+0.062%	$252.2M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0160%	1h	153.05	+0.042%	$738K	$3.8M	10x	as long as short
RISEx SPCX/USDCshort	+0.0191%	1h	153.12	+0.084%	$410K	$530K	20x
edgeX SPCXUSDC	+0.0195%	4h	153.07	+0.052%	$1.7M	$892K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.04	+0.033%	$738K	$925K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.08	+0.059%	$445K	$268K	15x	as long as short
Aster SPCXUSD1	+0.0408%	8h	153.16	+0.110%	$18.9M	$20.1M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.35	+0.235%	$9K	$28K	5.5x	as long as short