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

SPCX

RWAall SPCX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0360%/8h= +39.4% APRnext payment +$0.45 per $10,000 · paid last 24h +0.040%
Price spread now: RISEx against SoDEX+0.045%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.434% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.045%+$4 on $10k
Price spread, last 3 days (all we have)+0.025%+$3 · spread now +0.045%, 7d avg +0.066%
Together, before fees+0.070%+$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.020% cheaper against SoDEX than usual: you would sell low and buy high (spread +0.045% now, against its 7-day average of +0.066%). If the spread goes back, that is −$2 on $10k: about 4 hours of funding at the current rate (+$11 a day). At the pace of the last 3 days (+0.045% in total) that is about 35 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.045% in total (about 5.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.45 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SPCX-USD152.930.0050pay 0.0006% / 1h38m 13s$1.7M$89K20x
ShortRISEx SPCX/USDC153.000.0410get 0.0051% / 1h38m 13s$408K$539K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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

Funding earned
$75.5
Price spread: +0.045% → +0.066%
−$2.01
Slippage, 4 orders
−$29.37
Fee SoDEX: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$30.12
Costs to cover
0.434%
Break-even
4.2 days
Slippage from SoDEX: live order book, 1 min ago; RISEx: live order book, 30 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 SoDEX live order book, 1 min ago0.33 bp18.0 bp −$1850.3 bp −$503doesn't fitdoesn't fit
Sell RISEx live order book, 30 min ago0.65 bp3.7 bp −$45.4 bp −$54doesn'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 −0.0345% / S +0.0540%1h152.93−0.003%$88K20xas long as short
Gate SPCX_USDT0.0000%8h152.930.000%$96.2M$31.2M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+12.810%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.90−0.020%$302K$3.1M20xas long as short
SunX SPCX-USDT0.0000%8h153.20+0.177%$8K$948K10xas long as short
HTX SPCX-USDT0.0000%8h152.930.000%$1.3M$1.7M75xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0012%1h152.94+0.007%$72K$1.1M10xas long as short
Aftermath Perps SPCXUSD+0.0025%1h152.95+0.011%$7K$8K10xas long as short
Lighter SPCX+0.0032%1h152.92−0.007%$1.6M$7.2M20xas long as short
Lighter RH SPCX+0.0032%1h152.89−0.026%$2.5M$7.2M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SPCX/USDC PERP+0.0033%1h153.32+0.255%$9K$27K5.5xas long as short
Arcus SPCX-USD+0.0040%1h152.91−0.013%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.97+0.026%$1.2M10xas long as short
QFEX SPCX-USD+0.0049%1h152.95+0.013%$1.2M$6.8M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.92−0.007%$500K$1.2M10xas long as short
SoDEX SPCX-USDlong+0.0050%1h152.93long leg$1.7M$89K20x
Phemex SPCXUSDT+0.0050%8h152.96+0.020%$534K$406K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.82−0.072%$3.2M$2.6M10xas long as short
Bybit SPCXUSDT+0.0054%8h152.96+0.020%$30.9M$42.9M100xas long as short
Paradex SPCX-USD-PERP+0.0079%8h152.96+0.021%$1015xas long as short
Pacifica SPCX+0.0100%1h152.85−0.052%$169K$133K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.89−0.026%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h153.05+0.078%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.99+0.039%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.95+0.015%$8910xas long as short
BloFin SPCX-USDT+0.0116%8h153.03+0.065%$1.9M$1.4M75xas long as short
Bullet SPCX-USD+0.0123%1h152.94+0.007%$11K$190K10xas long as short
tradeXYZ xyz:SPCX+0.0140%1h152.930.000%$142.3M$119.1M20xas long as short
Bitget SPCXUSDT+0.0190%8h152.98+0.033%$31.8M$66.4M75xas long as short
OKX SPCX-USDT-SWAP+0.0193%8h152.95+0.013%$39.4M$168.9M75xas long as short
Variational Omni SPCX+0.0211%8h152.99+0.040%$6.0M$3.3Mas long as short
Binance SPCXUSDT+0.0222%8h152.97+0.026%$252.8M$1.37B75xas long as short
Extended SPCX-USD+0.0224%1h152.92−0.004%$736K$3.8M10xas long as short
Nado SPCX-PERP+0.0243%1h152.89−0.029%$620K$841K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0288%1h153.14+0.137%$728K$969K10xas long as short
Phoenix SPCX+0.0314%1h152.98+0.033%$445K$270K15xas long as short
Aster SPCXUSD1+0.0390%8h153.04+0.074%$19.0M$16.6M20xas long as short
RISEx SPCX/USDCshort+0.0410%1h153.00+0.045%$408K$539K20x
edgeX SPCXUSDC+0.0591%4h153.01+0.053%$1.7M$892K20xas long as short