Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.016%

Price spread now: Polymarket Perps against SunX−0.229%7-day average −0.096% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.097%+$10 on $10k

Price spread, last 4 days (all we have)+0.104%+$10 · spread now −0.229%, 7d avg −0.096%

Together, before fees+0.201%+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.133% cheaper against SunX than usual: you would sell low and buy high (spread −0.229% now, against its 7-day average of −0.096%). If the spread goes back, that is −$13 on $10k: about 8.9 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SPCX-USDT	152.92	0	get 0.0000% / 8h	7h 03m	$8K	$842K	10x
Short	Polymarket Perps SPCX-USD	152.57	0.0050	get 0.0006% / 1h	3m 55s	$489K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against SunX. 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 SunXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.229%Rate

Funding earned: $10.5
Price spread: −0.229% → −0.096%: −$13.3
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$18.8
Costs to cover: 0.160%
Break-even: 19.5 days

Slippage unknown: SunX: live order book, 38 min ago; Polymarket Perps: live order book, 5 min ago. Net counts fees only.

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 SunX live order book, 38 min ago	272.13 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 5 min ago	3.28 bp	10.1 bp −$10	10.5 bp −$105	doesn't fit	doesn't fit

SPCX on 38 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	152.60	−0.206%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0015%	8h	152.72	−0.131%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.70	−0.144%	$30.5M	$43.2M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.68	−0.157%	$96.1M	$32.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.70	−0.144%	$31.1M	$66.7M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.66	−0.170%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDTlong	0.0000%	8h	152.92	long leg	$8K	$842K	10x
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.65	−0.177%	$82K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.74	−0.118%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0016%	1h	152.58	−0.225%	$7K	$7K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0032%	1h	152.64	−0.183%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.61	−0.203%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.63	−0.190%	$1.2M	$5.4M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.57	−0.229%	$103K	$295K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.71	−0.137%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.60	−0.209%	$129.8M	$130.1M	20x	as long as short
Polymarket Perps SPCX-USDshort	+0.0050%	1h	152.57	−0.229%	$489K	$1.2M	10x
SoDEX SPCX-USD	+0.0050%	1h	152.66	−0.170%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.67	−0.163%	$531K	$363K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.53	−0.255%	$3.1M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0057%	8h	152.65	−0.179%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0088%	8h	152.69	−0.151%	$5.9M	$2.7M	—	as long as short
Nado SPCX-PERP	+0.0095%	1h	152.69	−0.148%	$633K	$808K	20x	as long as short
Bullet SPCX-USD	+0.0099%	1h	152.70	−0.146%	$11K	$191K	10x	as long as short
edgeX SPCXUSDC	+0.0100%	4h	152.67	−0.165%	$1.7M	$890K	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.57	−0.229%	$169K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.56	−0.235%	$13.0M	$5.8M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.66	−0.170%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.71	−0.137%	$15K	$7K	10x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.65	−0.177%	$723K	$5.4M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.67	−0.162%	$89	—	10x	as long as short
Binance SPCXUSDT	+0.0105%	8h	152.68	−0.157%	$252.8M	$1.37B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0110%	8h	152.71	−0.137%	$39.4M	$168.6M	75x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.70	−0.144%	$382K	$507K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.68	−0.157%	$448K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.45	−0.307%	$689K	$1.0M	10x	as long as short
Aster SPCXUSD1	+0.0401%	8h	152.83	−0.059%	$19.0M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.78	−0.092%	$9K	$28K	5.5x	as long as short