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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0134%/8h= +14.7% APRnext payment +$0.17 per $10,000 · paid last 24h +0.002%
Price spread now: Extended against Polymarket Perps+0.011%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$190.189% of the position
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−0.038%−$4 · spread now +0.011%, 7d avg −0.016%
Together, before fees−0.073%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.027% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SPCX-USD152.970.0050pay 0.0006% / 1h33m 00s$499K$1.2M10x
ShortExtended SPCX-USD152.990.0184get 0.0023% / 1h33m 00s$736K$3.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$28.14
Price spread: +0.011% → −0.016%
$2.67
Slippage, 4 orders
−$5.88
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$11.92
Costs to cover
0.189%
Break-even
4.0 days
Slippage from Polymarket Perps: live order book, 5 min ago; Extended: live order book, 6 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 Polymarket Perps live order book, 5 min ago1.96 bp6.0 bp −$66.9 bp −$698.7 bp −$871doesn't fit
Sell Extended live order book, 6 min ago0.98 bp3.5 bp −$36.1 bp −$61doesn'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 −0.0333% / S +0.0531%1h153.00+0.016%$88K20xas long as short
Gate SPCX_USDT0.0000%8h153.00+0.020%$96.1M$31.3M100xas long as short
Bitget SPCXUSDT0.0000%8h153.04+0.046%$31.7M$66.1M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+12.785%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.91−0.039%$302K$3.0M20xas long as short
SunX SPCX-USDT0.0000%8h153.23+0.170%$8K$940K10xas long as short
HTX SPCX-USDT0.0000%8h153.05+0.052%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0025%1h152.970.000%$8K$8K10xas long as short
Lighter SPCX+0.0032%1h152.95−0.013%$1.6M$7.2M20xas long as short
Lighter RH SPCX+0.0032%1h152.93−0.026%$2.5M$7.2M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SPCXUSDT+0.0036%8h153.02+0.033%$30.8M$42.8M100xas long as short
Arcus SPCX-USD+0.0040%1h152.95−0.013%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.98+0.007%$1.2M10xas long as short
QFEX SPCX-USD+0.0048%1h152.99+0.013%$1.2M$6.6M10xas long as short
Polymarket Perps SPCX-USDlong+0.0050%1h152.97long leg$499K$1.2M10x
SoDEX SPCX-USD+0.0050%1h153.01+0.026%$1.7M$93K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.00+0.020%$534K$402K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.86−0.072%$3.2M$2.5M10xas long as short
BloFin SPCX-USDT+0.0067%8h153.04+0.046%$1.9M$1.4M75xas long as short
Paradex SPCX-USD-PERP+0.0074%8h153.05+0.049%$1015xas long as short
Pacifica SPCX+0.0100%1h152.93−0.026%$169K$129K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.93−0.026%$13.0M$5.4M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h153.05+0.052%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.05+0.052%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h153.01+0.025%$8910xas long as short
Bullet SPCX-USD+0.0146%1h153.03+0.039%$11K$190K10xas long as short
Variational Omni SPCX+0.0173%8h153.00+0.016%$6.0M$3.1Mas long as short
OKX SPCX-USDT-SWAP+0.0179%8h153.03+0.039%$39.5M$167.7M75xas long as short
Extended SPCX-USDshort+0.0184%1h152.99+0.011%$736K$3.8M10x
tradeXYZ xyz:SPCX+0.0187%1h152.98+0.007%$142.1M$119.4M20xas long as short
Binance SPCXUSDT+0.0187%8h153.03+0.039%$252.7M$1.37B75xas long as short
RISEx SPCX/USDC+0.0199%1h153.04+0.046%$408K$549K20xas long as short
Nado SPCX-PERP+0.0200%1h152.91−0.037%$622K$831K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0256%1h153.01+0.026%$738K$980K10xas long as short
Phoenix SPCX+0.0262%1h153.00+0.020%$445K$267K15xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0339%1h152.98+0.007%$73K$1.2M10xas long as short
Aster SPCXUSD1+0.0405%8h153.10+0.084%$19.0M$17.1M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h153.28+0.203%$9K$27K5.5xas long as short
edgeX SPCXUSDC+0.0524%4h152.99+0.014%$1.7M$892K20xas long as short