Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0088%/8h= −9.7% APRpaid last 24h +0.007%

Price spread now: tradeXYZ against OKX−0.072%7-day average −0.082% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$290.295% of the position

Long on OKX Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$4 on $10k

Price spread, last 7 days−0.031%−$3 · spread now −0.072%, 7d avg −0.082%

Together, before fees−0.067%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.082%, 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	OKX SPCX-USDT-SWAP	152.34	0.0138	pay 0.0138% / 8h	9m 30s	$39.7M	$166.7M	75x
Short	tradeXYZ xyz:SPCX	152.23	0.0050	get 0.0006% / 1h	9m 30s	$129.7M	$129.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against OKX. 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 OKXbpFee tradeXYZbpOrdersPrice spread, now −0.072%Rate

Funding earned: −$18.56
Price spread: −0.072% → −0.082%: $0.99
Slippage, 4 orders: −$1.48
Fee OKX: 5 bp × 2 orders: −$10
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$47.04
Costs to cover: 0.295%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; tradeXYZ: live order book, 10 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 OKX live order book, 5 min ago	0.33 bp	5.3 bp −$5	7.3 bp −$73	12.8 bp −$1,277	doesn't fit
Sell tradeXYZ live order book, 10 min ago	0.33 bp	9.5 bp −$9	10.8 bp −$108	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 −0.0187% / S +0.0435%	1h	152.24	−0.069%	$90K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.34	0.000%	$30.5M	$42.8M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.31	−0.020%	$96.3M	$32.0M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.33	−0.007%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+13.247%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.33	−0.007%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.57	+0.151%	$8K	$888K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.35	+0.007%	$1.3M	$1.8M	75x	as long as short
BloFin SPCX-USDT	+0.0004%	8h	152.30	−0.026%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0023%	1h	152.25	−0.061%	$7K	$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	152.27	−0.046%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.26	−0.053%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.24	−0.066%	$102K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.32	−0.013%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCXshort	+0.0050%	1h	152.23	−0.072%	$129.7M	$129.3M	20x
Polymarket Perps SPCX-USD	+0.0050%	1h	152.27	−0.046%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.28	−0.039%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.29	−0.033%	$529K	$371K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.15	−0.125%	$3.2M	$2.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.28	−0.039%	$1.2M	$5.4M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0075%	8h	152.30	−0.025%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.22	−0.079%	$168K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.17	−0.112%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.33	−0.007%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.32	−0.013%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.31	−0.019%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0111%	8h	152.30	−0.029%	$5.9M	$2.8M	—	as long as short
Extended SPCX-USD	+0.0120%	1h	152.28	−0.037%	$724K	$5.3M	10x	as long as short
Binance SPCXUSDT	+0.0123%	8h	152.33	−0.007%	$253.2M	$1.36B	75x	as long as short
Bullet SPCX-USD	+0.0123%	1h	152.32	−0.013%	$11K	$192K	10x	as long as short
OKX SPCX-USDT-SWAPlong	+0.0138%	8h	152.34	long leg	$39.7M	$166.7M	75x
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.29	−0.033%	$89K	$1.4M	10x	as long as short
Nado SPCX-PERP	+0.0154%	1h	152.27	−0.048%	$631K	$804K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	0.000%	$728K	$930K	10x	as long as short
Phoenix SPCX	+0.0368%	1h	152.30	−0.026%	$444K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0391%	8h	152.42	+0.054%	$18.9M	$30.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.58	+0.158%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.35	+0.010%	$381K	$505K	20x	as long as short
edgeX SPCXUSDC	+0.0590%	4h	152.29	−0.031%	$1.7M	$889K	20x	as long as short