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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0023%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.006%
Price spread now: Bullet against ApeX Omni+0.105%66s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$440.439% of the position
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 4 days (all we have)+0.013%+$1 · spread now +0.105%, 7d avg +0.004%
Together, before fees+0.021%+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bullet is 0.100% dearer against ApeX Omni than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.004%. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SPCXUSDT152.850.0100pay 0.0013% / 1h36m 22s$58K$271K50x
ShortBullet SPCX-USD153.010.0123get 0.0015% / 1h36m 22s$11K$190K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet against ApeX Omni. 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
$4.92
Price spread: +0.105% → +0.004%
$10.04
Slippage, 4 orders
−$25.94
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Bullet: 4 bp × 2 orders
−$8
Net
−$28.98
Costs to cover
0.439%
Break-even
48.2 days
Slippage from ApeX Omni: live order book, 31 min ago; Bullet: live order book, 33 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 ApeX Omni live order book, 31 min ago10.12 bp15.1 bp −$1537.9 bp −$379doesn't fitdoesn't fit
Sell Bullet live order book, 33 min ago0.65 bp8.0 bp −$820.8 bp −$208doesn'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 −0.0347% / S +0.0541%1h152.99+0.088%$88K20xas long as short
Gate SPCX_USDT0.0000%8h152.98+0.085%$96.1M$31.2M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+12.870%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.88+0.020%$302K$3.1M20xas long as short
SunX SPCX-USDT0.0000%8h153.20+0.229%$8K$948K10xas long as short
HTX SPCX-USDT0.0000%8h153.01+0.105%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0025%1h152.95+0.064%$7K$8K10xas long as short
Lighter SPCX+0.0032%1h152.93+0.052%$1.6M$7.2M20xas long as short
Lighter RH SPCX+0.0032%1h152.92+0.046%$2.5M$7.2M20xas long as short
Injective SPCX/USDC PERP+0.0033%1h153.32+0.307%$9K$27K5.5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus SPCX-USD+0.0040%1h152.91+0.039%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.99+0.092%$1.2M10xas long as short
QFEX SPCX-USD+0.0049%1h152.97+0.079%$1.2M$6.8M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.95+0.065%$501K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.99+0.092%$1.7M$89K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.00+0.098%$534K$406K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.80−0.033%$3.2M$2.6M10xas long as short
Bybit SPCXUSDT+0.0056%8h153.01+0.105%$30.9M$42.9M100xas long as short
Paradex SPCX-USD-PERP+0.0078%8h152.99+0.091%$1015xas long as short
Pacifica SPCX+0.0100%1h152.91+0.039%$169K$133K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.90+0.033%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDTlong+0.0100%1h152.85long leg$58K$271K50x
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.00+0.098%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.99+0.091%$8910xas long as short
BloFin SPCX-USDT+0.0116%8h153.03+0.118%$1.9M$1.4M75xas long as short
Bullet SPCX-USDshort+0.0123%1h153.01+0.105%$11K$190K10x
tradeXYZ xyz:SPCX+0.0139%1h152.95+0.065%$142.3M$119.1M20xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0142%1h152.95+0.065%$72K$1.1M10xas long as short
Bitget SPCXUSDT+0.0183%8h153.05+0.131%$31.8M$66.3M75xas long as short
OKX SPCX-USDT-SWAP+0.0192%8h153.01+0.105%$39.4M$168.9M75xas long as short
Variational Omni SPCX+0.0205%8h153.00+0.099%$6.0M$3.3Mas long as short
Binance SPCXUSDT+0.0220%8h153.03+0.115%$252.8M$1.37B75xas long as short
Extended SPCX-USD+0.0224%1h152.98+0.083%$736K$3.8M10xas long as short
Nado SPCX-PERP+0.0240%1h152.91+0.038%$620K$840K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0288%1h153.14+0.190%$728K$969K10xas long as short
Phoenix SPCX+0.0314%1h152.98+0.085%$445K$270K15xas long as short
Aster SPCXUSD1+0.0389%8h153.08+0.148%$19.0M$16.3M20xas long as short
RISEx SPCX/USDC+0.0410%1h153.02+0.111%$408K$539K20xas long as short
edgeX SPCXUSDC+0.0965%4h152.93+0.054%$1.7M$893K20xas long as short