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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.008%
Price spread now: Coinbase International against Nado+0.118%45s7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.293% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.099%+$10 on $10k
Price spread, last 3 days (all we have)−0.132%−$13 · spread now +0.118%, 7d avg +0.020%
Together, before fees−0.033%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Coinbase International is 0.098% dearer against Nado than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.020%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado SPCX-PERP152.960.0277pay 0.0035% / 1h47m 30s$620K$844K20x
ShortCoinbase International SPCX-PERP-INTX153.140.0288get 0.0036% / 1h47m 30s$728K$986K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Nado. 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
$2.25
Price spread: +0.118% → +0.020%
$9.82
Slippage, 4 orders
−$12.34
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$17.27
Costs to cover
0.293%
Break-even
60.8 days
Slippage from Nado: live order book, 21 min ago; Coinbase International: live order book, 21 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 Nado live order book, 21 min ago0.33 bp6.3 bp −$620.8 bp −$208doesn't fitdoesn't fit
Sell Coinbase International live order book, 21 min ago2.94 bp8.3 bp −$811.9 bp −$119doesn't fitdoesn'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 −0.0340% / S +0.0536%1h152.96−0.003%$88K20xas long as short
Gate SPCX_USDT0.0000%8h152.99+0.020%$96.3M$31.2M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+12.791%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.94−0.013%$302K$3.1M20xas long as short
SunX SPCX-USDT0.0000%8h153.28+0.210%$8K$949K10xas long as short
Deribit SPCX_USDC-PERPETUAL0.0000%1h152.99+0.020%$72K$1.1M10xas long as short
HTX SPCX-USDT0.0000%8h153.05+0.059%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0025%1h152.90−0.038%$7K$8K10xas long as short
Lighter RH SPCX+0.0032%1h152.95−0.006%$2.5M$7.2M20xas long as short
Injective SPCX/USDC PERP+0.0033%1h153.32+0.236%$9K$27K5.5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SPCX+0.0040%1h152.960.000%$1.6M$7.2M20xas long as short
Arcus SPCX-USD+0.0040%1h152.94−0.013%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h153.04+0.053%$1.2M10xas long as short
QFEX SPCX-USD+0.0049%1h153.02+0.040%$1.2M$7.0M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.98+0.013%$489K$1.1M10xas long as short
SoDEX SPCX-USD+0.0050%1h153.00+0.027%$1.7M$87K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.00+0.027%$534K$405K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.84−0.078%$3.2M$2.6M10xas long as short
Paradex SPCX-USD-PERP+0.0086%8h153.02+0.037%$1015xas long as short
Pacifica SPCX+0.0100%1h152.93−0.019%$169K$133K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.90−0.039%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.94−0.013%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.01+0.033%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h153.02+0.043%$8910xas long as short
Bybit SPCXUSDT+0.0106%8h153.02+0.040%$30.9M$42.9M100xas long as short
BloFin SPCX-USDT+0.0116%8h153.03+0.046%$1.9M$1.4M75xas long as short
Bullet SPCX-USD+0.0168%1h153.00+0.027%$11K$189K10xas long as short
tradeXYZ xyz:SPCX+0.0184%1h152.960.000%$142.4M$119.7M20xas long as short
OKX SPCX-USDT-SWAP+0.0205%8h153.00+0.027%$39.3M$168.9M75xas long as short
Variational Omni SPCX+0.0220%8h152.98+0.014%$6.0M$3.5Mas long as short
Bitget SPCXUSDT+0.0225%8h153.08+0.079%$31.8M$66.6M75xas long as short
Extended SPCX-USD+0.0232%1h152.97+0.007%$734K$3.8M10xas long as short
Binance SPCXUSDT+0.0233%8h152.98+0.016%$252.8M$1.37B75xas long as short
Nado SPCX-PERPlong+0.0277%1h152.96long leg$620K$844K20x
Coinbase International SPCX-PERP-INTXshort+0.0288%1h153.14+0.118%$728K$986K10x
Phoenix SPCX+0.0314%1h153.02+0.040%$445K$270K15xas long as short
Aster SPCXUSD1+0.0394%8h153.12+0.105%$19.0M$17.8M20xas long as short
RISEx SPCX/USDC+0.0410%1h153.06+0.066%$408K$539K20xas long as short
edgeX SPCXUSDC+0.0426%4h153.00+0.030%$1.7M$894K20xas long as short