Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.015%

Price spread now: KuCoin against Ondo Perps+0.026%7-day average +0.014% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.127%−$13 on $10k

Price spread, last 7 days+0.562%+$56 · spread now +0.026%, 7d avg +0.014%

Together, before fees+0.435%+ Points / potential airdropOndo Perps: Active · farm board+$44 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.127%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps SPCX-USD.P	152.48	0.0050	pay 0.0006% / 1h	45m 00s	$3.1M	$2.1M	10x
Short	KuCoin SPCXUSDTM	152.52	0.0100	get 0.0100% / 8h	4h 45m	$13.0M	$6.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Ondo Perps. 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 Ondo PerpsbpFee KuCoinbpOrdersPrice spread, now +0.026%Rate

Funding earned: $10.42
Price spread: +0.026% → +0.014%: $1.25
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$5.33
Costs to cover: 0.170%
Break-even: 10.6 days

Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 2 min ago. Net counts fees only.

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 2 min ago	0.98 bp	14.2 bp −$14	33.2 bp −$332	doesn't fit	doesn't fit

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SPCX on 38 exchanges

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	152.49	+0.003%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0070%	8h	152.61	+0.085%	$2.0M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.60	+0.079%	$30.1M	$42.4M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.58	+0.066%	$96.3M	$30.6M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.67	+0.125%	$31.1M	$66.5M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.66	+0.118%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.81	+0.216%	$8K	$807K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.51	+0.020%	$42K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.65	+0.111%	$1.3M	$1.7M	75x	as long as short
Variational Omni SPCX	+0.0010%	8h	152.53	+0.030%	$5.8M	$2.8M	—	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0021%	1h	152.53	+0.034%	$7K	$7K	10x	as long as short
QFEX SPCX-USD	+0.0029%	1h	152.55	+0.046%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.54	+0.039%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.51	+0.020%	$2.5M	$7.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	+0.197%	$9K	$28K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.51	+0.020%	$102K	$293K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.53	+0.033%	—	$1.2M	10x	as long as short
Extended SPCX-USD	+0.0048%	1h	152.55	+0.044%	$700K	$5.2M	10x	as long as short
Binance SPCXUSDT	+0.0049%	8h	152.59	+0.075%	$251.9M	$1.37B	75x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.50	+0.013%	$128.1M	$129.5M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.56	+0.052%	$1.7M	$56K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.62	+0.092%	$532K	$378K	50x	as long as short
Ondo Perps SPCX-USD.Plong	+0.0050%	1h	152.48	long leg	$3.1M	$2.1M	10x
Paradex SPCX-USD-PERP	+0.0051%	8h	152.55	+0.043%	$101	—	5x	as long as short
OKX SPCX-USDT-SWAP	+0.0085%	8h	152.65	+0.111%	$39.8M	$167.5M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.48	0.000%	$169K	$114K	10x	as long as short
KuCoin SPCXUSDTMshort	+0.0100%	8h	152.52	+0.026%	$13.0M	$6.4M	20x
ApeX Omni SPCXUSDT	+0.0100%	1h	152.45	−0.020%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.60	+0.079%	$15K	$7K	10x	as long as short
RISEx SPCX/USDC	+0.0104%	1h	152.61	+0.085%	$351K	$481K	20x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.56	+0.052%	$88	—	10x	as long as short
Polymarket Perps SPCX-USD	+0.0112%	1h	152.56	+0.052%	$483K	$1.0M	10x	as long as short
Nado SPCX-PERP	+0.0162%	1h	152.51	+0.022%	$630K	$811K	20x	as long as short
Bullet SPCX-USD	+0.0189%	1h	152.58	+0.066%	$11K	$190K	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.54	+0.039%	$732K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.55	+0.046%	$449K	$272K	15x	as long as short
edgeX SPCXUSDC	+0.0232%	4h	152.53	+0.033%	$1.7M	$890K	20x	as long as short
Aster SPCXUSD1	+0.0423%	8h	152.71	+0.151%	$19.0M	$30.6M	20x	as long as short