Funding you earn now, next payment 07:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.012%
Price spread now: tradeXYZ against Polymarket Perps−0.026%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days−0.111%−$11 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now −0.026%, 7d avg −0.014%
=Together, before fees−0.070%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.014%, 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 −0.111%, 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 | Polymarket Perps SPCX-USD | 152.54 | 0.0050 | pay 0.0006% / 1h | 53m 07s | $487K | $1.2M | 10x |
| Short | tradeXYZ xyz:SPCX | 152.50 | 0.0084 | get 0.0011% / 1h | 53m 07s | $130.1M | $129.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $7.23
- Price spread: −0.026% → −0.014%
- −$1.2
- Slippage, 4 orders
- −$6.04
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$26.01
- Costs to cover
- 0.320%
- Break-even
- 32.2 days
Slippage from Polymarket Perps: live order book, 5 min ago; tradeXYZ: live order book, 5 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, 5 min ago | 1.97 bp | 6.6 bp −$7 | 6.6 bp −$66 | 8.2 bp −$821 | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.33 bp | 10.1 bp −$10 | 11.7 bp −$117 | 17.7 bp −$1,768 | 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 | 152.50 | −0.030% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0025% | 8h | 152.61 | +0.046% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.58 | +0.026% | $30.6M | $42.7M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.56 | +0.013% | $96.2M | $31.8M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.61 | +0.046% | $31.2M | $66.0M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.104% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.61 | +0.046% | $300K | $2.7M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.85 | +0.203% | $8K | $897K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.64 | +0.066% | $1.3M | $1.8M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0019% | 1h | 152.52 | −0.012% | $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 RH SPCX | +0.0032% | 1h | 152.48 | −0.039% | $2.5M | $7.2M | 20x | as long as short |
| QFEX SPCX-USD | +0.0038% | 1h | 152.56 | +0.013% | $1.2M | $5.5M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.54 | 0.000% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.53 | −0.007% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USDlong | +0.0050% | 1h | 152.54 | long leg | $487K | $1.2M | 10x | |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.57 | +0.020% | $1.7M | $96K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.52 | −0.013% | $530K | $382K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.57 | +0.020% | $3.2M | $2.3M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0062% | 8h | 152.62 | +0.049% | $101 | — | 5x | as long as short |
| Lighter SPCX | +0.0064% | 1h | 152.50 | −0.026% | $1.6M | $7.3M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0072% | 1h | 152.61 | +0.046% | $408K | $505K | 20x | as long as short |
| Variational Omni SPCX | +0.0073% | 8h | 152.63 | +0.058% | $6.0M | $2.8M | — | as long as short |
| tradeXYZ xyz:SPCXshort | +0.0084% | 1h | 152.50 | −0.026% | $130.1M | $129.0M | 20x | |
| Binance SPCXUSDT | +0.0095% | 8h | 152.59 | +0.033% | $250.1M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0096% | 1h | 152.56 | +0.013% | $732K | $4.6M | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.48 | −0.039% | $169K | $118K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.47 | −0.046% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.54 | 0.000% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.61 | +0.046% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.58 | +0.029% | $88 | — | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0109% | 8h | 152.60 | +0.039% | $39.6M | $166.8M | 75x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0192% | 1h | 152.61 | +0.046% | $729K | $929K | 10x | as long as short |
| Nado SPCX-PERP | +0.0203% | 1h | 152.44 | −0.065% | $611K | $800K | 20x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.55 | +0.007% | $443K | $266K | 15x | as long as short |
| Bullet SPCX-USD | +0.0234% | 1h | 152.59 | +0.033% | $11K | $192K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0351% | 8h | 152.70 | +0.107% | $18.9M | $25.5M | 20x | as long as short |
| edgeX SPCXUSDC | +0.0371% | 4h | 152.59 | +0.030% | $1.7M | $891K | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0406% | 1h | 152.56 | +0.013% | $89K | $1.3M | 10x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.89 | +0.229% | $9K | $28K | 5.5x | as long as short |
Polymarket Perps SPCX-USD
tradeXYZ xyz:SPCX
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Lighter SPCX
RISEx SPCX/USDC
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
OKX SPCX-USDT-SWAP
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Bullet SPCX-USD
Aster SPCXUSD1
edgeX SPCXUSDC
Deribit SPCX_USDC-PERPETUAL
Injective SPCX/USDC PERP