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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0408%/8h= −44.7% APRnext payment $4.08 per $10,000 · paid last 24h −0.032%
Price spread now: SunX against Aster+0.078%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$690.689% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.073%−$7 on $10k
Price spread, last 4 days (all we have)−0.374%−$37 · spread now +0.078%, 7d avg +0.039%
Together, before fees−0.446%+ Points / potential airdropAster: Stage 5 · farm board−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.039% dearer against Aster than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.039%): +$4 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.073% in total) that is about 3.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.073% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.08 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
LongAster SPCXUSD1153.100.0408pay 0.0408% / 8h5h 27m$19.0M$17.2M20x
ShortSunX SPCX-USDT153.220get 0.0000% / 8h5h 27m$8K$939K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Aster. 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
−$85.65
Price spread: +0.078% → +0.039%
$3.87
Slippage, 4 orders
−$52.86
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$150.64
Costs to cover
0.689%
Break-even
never at this rate
Slippage from Aster: live order book, 1 min ago; SunX: live order book, 5 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 Aster live order book, 1 min ago0.33 bp4.3 bp −$46.3 bp −$63doesn't fitdoesn't fit
Sell SunX live order book, 5 min ago21.88 bp34.3 bp −$34doesn't fitdoesn'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 −0.0333% / S +0.0531%1h152.97−0.082%$88K20xas long as short
Gate SPCX_USDT0.0000%8h152.98−0.079%$96.1M$31.3M100xas long as short
Bitget SPCXUSDT0.0000%8h153.03−0.047%$31.7M$65.8M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+12.687%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.91−0.125%$302K$3.0M20xas long as short
SunX SPCX-USDTshort0.0000%8h153.22+0.078%$8K$939K10x
HTX SPCX-USDT0.0000%8h153.01−0.060%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0026%1h152.97−0.086%$8K$8K10xas long as short
Bybit SPCXUSDT+0.0032%8h153.00−0.066%$30.8M$42.8M100xas long as short
Lighter RH SPCX+0.0032%1h152.91−0.125%$2.5M$7.2M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SPCX+0.0040%1h152.94−0.105%$1.6M$7.2M20xas long as short
Arcus SPCX-USD+0.0040%1h152.94−0.105%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.98−0.079%$1.2M10xas long as short
QFEX SPCX-USD+0.0048%1h152.99−0.073%$1.2M$6.5M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.97−0.086%$499K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.98−0.079%$1.7M$93K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.97−0.086%$534K$401K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.88−0.144%$3.2M$2.5M10xas long as short
BloFin SPCX-USDT+0.0067%8h153.02−0.053%$1.9M$1.4M75xas long as short
Paradex SPCX-USD-PERP+0.0074%8h153.02−0.052%$1015xas long as short
Pacifica SPCX+0.0100%1h152.91−0.125%$169K$129K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.89−0.138%$13.0M$5.4M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.93−0.112%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.03−0.047%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h153.00−0.066%$8910xas long as short
Bullet SPCX-USD+0.0154%1h153.01−0.059%$11K$190K10xas long as short
Variational Omni SPCX+0.0172%8h152.99−0.070%$6.0M$3.1Mas long as short
OKX SPCX-USDT-SWAP+0.0178%8h153.01−0.060%$39.5M$167.6M75xas long as short
Extended SPCX-USD+0.0184%1h152.97−0.087%$736K$3.8M10xas long as short
Binance SPCXUSDT+0.0187%8h153.01−0.060%$252.4M$1.37B75xas long as short
tradeXYZ xyz:SPCX+0.0189%1h152.96−0.092%$142.0M$119.4M20xas long as short
RISEx SPCX/USDC+0.0199%1h153.04−0.043%$408K$549K20xas long as short
Nado SPCX-PERP+0.0208%1h152.91−0.123%$622K$831K20xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0208%1h152.94−0.105%$73K$1.2M10xas long as short
Coinbase International SPCX-PERP-INTX+0.0256%1h153.01−0.060%$738K$980K10xas long as short
Phoenix SPCX+0.0262%1h153.02−0.053%$445K$267K15xas long as short
Aster SPCXUSD1long+0.0408%8h153.10long leg$19.0M$17.2M20x
Injective SPCX/USDC PERP+0.0440%1h153.28+0.117%$9K$27K5.5xas long as short
edgeX SPCXUSDC+0.0946%4h153.02−0.056%$1.7M$893K20xas long as short