Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: KuCoin against SoDEX−0.020%7-day average −0.026% · 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−$63as in the Price arb table

costs, in and out, $10k−$640.640% of the position

Long on SoDEX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.008%+$1 on $10k

Price spread, last 3 days (all we have)+0.073%+$7 · spread now −0.020%, 7d avg −0.026%

Together, before fees+0.081%+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SPCX-USD	152.92	0.0050	pay 0.0006% / 1h	39m 57s	$1.7M	$89K	20x
Short	KuCoin SPCXUSDTM	152.89	0.0100	get 0.0100% / 8h	6h 39m	$13.0M	$5.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SoDEX. 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 SoDEXbpFee KuCoinbpOrdersPrice spread, now −0.020%Rate

Funding earned: $10.5
Price spread: −0.020% → −0.026%: $0.68
Slippage, 4 orders: −$44.03
Fee SoDEX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$52.85
Costs to cover: 0.640%
Break-even: 42.2 days

Slippage from SoDEX: live order book, 4 min ago; KuCoin: live order book, 4 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 SoDEX live order book, 4 min ago	0.33 bp	18.1 bp −$18	47.5 bp −$475	doesn't fit	doesn't fit
Sell KuCoin live order book, 4 min ago	0.98 bp	12.5 bp −$13	41.8 bp −$418	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 −0.0344% / S +0.0539%	1h	152.94	+0.010%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.93	+0.007%	$96.2M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.819%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.94	+0.013%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.26	+0.222%	$8K	$949K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.95	+0.020%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0012%	1h	152.91	−0.007%	$72K	$1.1M	10x	as long as short
Aftermath Perps SPCXUSD	+0.0024%	1h	152.95	+0.018%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.90	−0.013%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.88	−0.026%	$2.5M	$7.2M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPCX/USDC PERP	+0.0033%	1h	153.32	+0.262%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.94	+0.013%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.00	+0.052%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	152.96	+0.026%	$1.2M	$6.9M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.93	+0.007%	$500K	$1.2M	10x	as long as short
SoDEX SPCX-USDlong	+0.0050%	1h	152.92	long leg	$1.7M	$89K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.96	+0.026%	$534K	$406K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.82	−0.065%	$3.2M	$2.6M	10x	as long as short
Bybit SPCXUSDT	+0.0061%	8h	152.95	+0.020%	$30.9M	$42.9M	100x	as long as short
Paradex SPCX-USD-PERP	+0.0081%	8h	152.98	+0.039%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.89	−0.020%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTMshort	+0.0100%	8h	152.89	−0.020%	$13.0M	$5.5M	20x
ApeX Omni SPCXUSDT	+0.0100%	1h	153.05	+0.085%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.95	+0.020%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.96	+0.023%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0116%	8h	153.03	+0.072%	$1.9M	$1.4M	75x	as long as short
Bullet SPCX-USD	+0.0128%	1h	152.97	+0.033%	$11K	$190K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0142%	1h	152.91	−0.007%	$142.3M	$119.8M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0196%	8h	152.95	+0.020%	$39.4M	$168.9M	75x	as long as short
Bitget SPCXUSDT	+0.0201%	8h	152.97	+0.033%	$31.8M	$66.5M	75x	as long as short
Variational Omni SPCX	+0.0211%	8h	152.99	+0.047%	$6.0M	$3.3M	—	as long as short
Extended SPCX-USD	+0.0224%	1h	152.90	−0.010%	$736K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0225%	8h	152.94	+0.016%	$252.7M	$1.37B	75x	as long as short
Nado SPCX-PERP	+0.0247%	1h	152.91	−0.008%	$620K	$841K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	153.14	+0.144%	$728K	$977K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.98	+0.039%	$445K	$270K	15x	as long as short
Aster SPCXUSD1	+0.0391%	8h	153.03	+0.075%	$19.0M	$16.9M	20x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.00	+0.056%	$408K	$539K	20x	as long as short
edgeX SPCXUSDC	+0.0591%	4h	153.01	+0.060%	$1.7M	$892K	20x	as long as short