Funding you earn now, next payment 01:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h +0.011%
Price spread now: Arcus against Polymarket Perps−0.020%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$290.287% of the position
Funding, last 3 days (all we have)+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.020%, 7d avg −0.023%
=The price spread sits at its 7-day average of −0.023%, 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 | Polymarket Perps SPCX-USD | 152.94 | 0.0288 | pay 0.0036% / 1h | 56m 16s | $490K | $1.1M | 10x |
| Short | Arcus SPCX-USD | 152.91 | 0.0194 | get 0.0024% / 1h | 56m 16s | $105K | $297K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Polymarket Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$19.83
- Price spread: −0.020% → −0.023%
- $0.39
- Slippage, 4 orders
- −$16.19
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$48.13
- Costs to cover
- 0.287%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 2 min ago; Arcus: live order book, 17 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 Polymarket Perps live order book, 2 min ago | 0.33 bp | 9.4 bp −$9 | 10.0 bp −$100 | 10.9 bp −$1,093 | doesn't fit |
| Sell Arcus live order book, 17 min ago | 5.24 bp | 7.5 bp −$7 | 11.0 bp −$110 | 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 −0.0292% / S +0.0502% | 1h | 153.01 | +0.049% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.03 | +0.059% | $96.6M | $31.0M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.799% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.88 | −0.039% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.27 | +0.216% | $8K | $966K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.03 | +0.059% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0028% | 1h | 152.82 | −0.078% | $7K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.99 | +0.033% | $2.5M | $7.4M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +2.818% | $9K | $27K | 5.5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.05 | +0.072% | — | $1.2M | 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 | +0.0048% | 1h | 153.02 | +0.052% | $1.6M | $7.4M | 20x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.99 | +0.033% | $1.7M | $81K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.99 | +0.033% | $534K | $414K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.81 | −0.085% | $3.2M | $2.7M | 10x | as long as short |
| QFEX SPCX-USD | +0.0063% | 1h | 153.03 | +0.059% | $1.2M | $7.6M | 10x | as long as short |
| edgeX SPCXUSDC | +0.0077% | 4h | 152.87 | −0.044% | $1.7M | $891K | 20x | as long as short |
| BloFin SPCX-USDT | +0.0088% | 8h | 153.03 | +0.059% | $1.9M | $1.4M | 75x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.92 | −0.013% | $173K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.96 | +0.013% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.78 | −0.105% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.05 | +0.072% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.00 | +0.039% | $89 | — | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0107% | 8h | 153.08 | +0.089% | $101 | — | 5x | as long as short |
| Variational Omni SPCX | +0.0192% | 8h | 153.05 | +0.075% | $6.0M | $3.5M | — | as long as short |
| Arcus SPCX-USDshort | +0.0194% | 1h | 152.91 | −0.020% | $105K | $297K | 5x | |
| OKX SPCX-USDT-SWAP | +0.0202% | 8h | 153.07 | +0.085% | $39.1M | $169.4M | 75x | as long as short |
| Extended SPCX-USD | +0.0208% | 1h | 153.04 | +0.063% | $734K | $3.7M | 10x | as long as short |
| Binance SPCXUSDT | +0.0209% | 8h | 153.06 | +0.079% | $252.8M | $1.38B | 75x | as long as short |
| Bybit SPCXUSDT | +0.0221% | 8h | 153.07 | +0.085% | $30.7M | $42.8M | 100x | as long as short |
| Nado SPCX-PERP | +0.0226% | 1h | 152.96 | +0.012% | $600K | $879K | 20x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 152.92 | −0.013% | $445K | $268K | 15x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0273% | 1h | 153.03 | +0.059% | $71K | $1.0M | 10x | as long as short |
| Polymarket Perps SPCX-USDlong | +0.0288% | 1h | 152.94 | long leg | $490K | $1.1M | 10x | |
| Aster SPCXUSD1 | +0.0319% | 8h | 153.02 | +0.053% | $19.0M | $21.3M | 20x | as long as short |
| Bitget SPCXUSDT | +0.0319% | 8h | 153.08 | +0.092% | $31.3M | $66.7M | 75x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0328% | 1h | 152.97 | +0.020% | $733K | $970K | 10x | as long as short |
| RISEx SPCX/USDC | +0.0409% | 1h | 153.09 | +0.095% | $401K | $540K | 20x | as long as short |
| tradeXYZ xyz:SPCX | +0.0496% | 1h | 152.94 | 0.000% | $143.4M | $119.6M | 20x | as long as short |
| Bullet SPCX-USD | +0.0514% | 1h | 153.06 | +0.078% | $12K | $187K | 10x | as long as short |
Polymarket Perps SPCX-USD
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Injective SPCX/USDC PERP
Lighter SPCX
SoDEX SPCX-USD
Phemex SPCXUSDT
edgeX SPCXUSDC
BloFin SPCX-USDT
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Paradex SPCX-USD-PERP
Variational Omni SPCX
OKX SPCX-USDT-SWAP
Extended SPCX-USD
Binance SPCXUSDT
Bybit SPCXUSDT
Phoenix SPCX
Deribit SPCX_USDC-PERPETUAL
Aster SPCXUSD1
Bitget SPCXUSDT
Coinbase International SPCX-PERP-INTX
RISEx SPCX/USDC
tradeXYZ xyz:SPCX
Bullet SPCX-USD