Funding arb · Price arb /

SPCX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h −0.013%

Price spread now: SunX against Aftermath Perps+0.185%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. SunX is 0.185% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.185% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 29 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SPCXUSD	152.45	0.0021	pay 0.0003% / 1h	41m 14s	$7K	$8K	10x
Short	SunX SPCX-USDT	152.73	0	get 0.0000% / 8h	1h 41m	$8K	$897K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Aftermath 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

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee SunXbpOrdersPrice spread, now +0.185%Rate

Funding earned: −$4.49
Price spread: +0.185% → 0.000%: $18.54
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$2.95
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Aftermath Perps: no order-book sample; SunX: live order book, 21 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell SunX live order book, 21 min ago	21.92 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	152.40	−0.034%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0018%	8h	152.45	+0.002%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.45	+0.002%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.44	−0.005%	$96.1M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.48	+0.021%	$31.2M	$66.0M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+13.167%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.55	+0.067%	$300K	$2.7M	20x	as long as short
SunX SPCX-USDTshort	0.0000%	8h	152.73	+0.185%	$8K	$897K	10x
HTX SPCX-USDT	0.0000%	8h	152.57	+0.080%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSDlong	+0.0021%	1h	152.45	long leg	$7K	$8K	10x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.38	−0.044%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0038%	1h	152.44	−0.005%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.45	+0.002%	$103K	$299K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.42	−0.018%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.42	−0.018%	$1.7M	$97K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.46	+0.008%	$531K	$383K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.39	−0.038%	$3.2M	$2.2M	10x	as long as short
RISEx SPCX/USDC	+0.0072%	1h	152.51	+0.042%	$408K	$498K	20x	as long as short
Polymarket Perps SPCX-USD	+0.0074%	1h	152.45	+0.002%	$487K	$1.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0077%	8h	152.47	+0.014%	$101	—	5x	as long as short
tradeXYZ xyz:SPCX	+0.0080%	1h	152.39	−0.038%	$130.0M	$129.1M	20x	as long as short
Variational Omni SPCX	+0.0084%	8h	152.58	+0.086%	$6.0M	$2.8M	—	as long as short
Lighter SPCX	+0.0088%	1h	152.39	−0.038%	$1.6M	$7.4M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.39	−0.038%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.38	−0.044%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.45	+0.002%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.47	+0.015%	$14K	$7K	10x	as long as short
Binance SPCXUSDT	+0.0102%	8h	152.44	−0.005%	$250.6M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.40	−0.028%	$733K	$4.3M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.44	−0.004%	$88	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0116%	8h	152.47	+0.015%	$39.6M	$166.7M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.62	+0.113%	$726K	$932K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.48	+0.021%	$443K	$266K	15x	as long as short
Nado SPCX-PERP	+0.0226%	1h	152.40	−0.029%	$627K	$808K	20x	as long as short
Bullet SPCX-USD	+0.0256%	1h	152.48	+0.019%	$11K	$192K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0341%	1h	152.40	−0.031%	$89K	$1.3M	10x	as long as short
Aster SPCXUSD1	+0.0365%	8h	152.57	+0.081%	$18.8M	$26.3M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.81	+0.238%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0976%	4h	152.55	+0.066%	$1.7M	$893K	20x	as long as short