Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.003%

Price spread now: SoDEX against KuCoin+0.085%7-day average +0.026% · 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−$58as in the Price arb table

costs, in and out, $10k−$640.636% of the position

Long on KuCoin Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.164%−$16 · spread now +0.085%, 7d avg +0.026%

Together, before fees−0.163%−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SoDEX is 0.059% dearer against KuCoin than usual: you sell high and buy low (spread +0.085% now, against its 7-day average of +0.026%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SPCXUSDTM	152.84	0.0100	pay 0.0100% / 8h	38m 43s	$13.0M	$5.5M	20x
Short	SoDEX SPCX-USD	152.97	0.0050	get 0.0006% / 1h	38m 43s	$1.7M	$79K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.085%Rate

Funding earned: −$10.5
Price spread: +0.085% → +0.026%: $5.86
Slippage, 4 orders: −$43.6
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$68.24
Costs to cover: 0.636%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; SoDEX: live order book, 5 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, 5 min ago	0.65 bp	17.2 bp −$17	54.7 bp −$547	doesn't fit	doesn't fit
Sell SoDEX live order book, 5 min ago	0.33 bp	18.1 bp −$18	45.7 bp −$457	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 −0.0272% / S +0.0488%	1h	152.96	+0.075%	$89K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.96	+0.079%	$96.6M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.51	+12.871%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.89	+0.033%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.19	+0.229%	$8K	$972K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.98	+0.092%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0030%	1h	152.96	+0.076%	$8K	$10K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.89	+0.033%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.885%	$9K	$27K	5.5x	as long as short
Lighter SPCX	+0.0040%	1h	152.93	+0.059%	$1.6M	$7.4M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus SPCX-USD	+0.0040%	1h	152.92	+0.052%	$106K	$296K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.94	+0.065%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.94	+0.065%	$490K	$1.1M	10x	as long as short
SoDEX SPCX-USDshort	+0.0050%	1h	152.97	+0.085%	$1.7M	$79K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.97	+0.085%	$538K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.90	+0.039%	$3.2M	$2.7M	10x	as long as short
QFEX SPCX-USD	+0.0052%	1h	152.94	+0.065%	$1.2M	$7.6M	10x	as long as short
BloFin SPCX-USDT	+0.0073%	8h	152.99	+0.098%	$1.9M	$1.4M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0079%	8h	152.98	+0.092%	$101	—	5x	as long as short
Bullet SPCX-USD	+0.0092%	1h	152.97	+0.085%	$11K	$188K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.90	+0.039%	$173K	$130K	10x	as long as short
KuCoin SPCXUSDTMlong	+0.0100%	8h	152.84	long leg	$13.0M	$5.5M	20x
ApeX Omni SPCXUSDT	+0.0100%	1h	152.89	+0.033%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.97	+0.085%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.97	+0.082%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0141%	8h	153.01	+0.111%	$30.8M	$42.7M	100x	as long as short
Variational Omni SPCX	+0.0177%	8h	152.96	+0.076%	$6.0M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0189%	8h	153.00	+0.105%	$39.0M	$169.4M	75x	as long as short
Extended SPCX-USD	+0.0192%	1h	152.96	+0.081%	$734K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0193%	8h	152.99	+0.098%	$253.9M	$1.38B	75x	as long as short
edgeX SPCXUSDC	+0.0248%	4h	152.95	+0.071%	$1.7M	$892K	20x	as long as short
tradeXYZ xyz:SPCX	+0.0253%	1h	152.93	+0.059%	$143.5M	$118.4M	20x	as long as short
Phoenix SPCX	+0.0261%	1h	152.96	+0.079%	$446K	$269K	15x	as long as short
Nado SPCX-PERP	+0.0270%	1h	152.86	+0.011%	$602K	$884K	20x	as long as short
Aster SPCXUSD1	+0.0279%	8h	153.05	+0.134%	$19.0M	$21.3M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.97	+0.085%	$733K	$970K	10x	as long as short
Bitget SPCXUSDT	+0.0306%	8h	152.99	+0.098%	$31.3M	$67.2M	75x	as long as short
RISEx SPCX/USDC	+0.0339%	1h	153.02	+0.120%	$403K	$538K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0404%	1h	152.94	+0.065%	$71K	$1.0M	10x	as long as short