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−0.0087%/8h= −9.5% APRnext payment $0.87 per $10,000 · paid last 24h +0.014%
Price spread now: KuCoin against Bybit−0.104%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$410.414% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 7 days+0.043%+$4 · spread now −0.104%, 7d avg −0.046%
Together, before fees−0.004%$0 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.059% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.046%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SPCXUSDT153.130.0187pay 0.0187% / 8h7h 45m$30.8M$42.8M100x
ShortKuCoin SPCXUSDTM152.970.0100get 0.0100% / 8h7h 45m$13.0M$5.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
−$18.22
Price spread: −0.104% → −0.046%
−$5.86
Slippage, 4 orders
−$18.39
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$65.47
Costs to cover
0.414%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 3 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 Bybit live order book, 4 min ago0.33 bp6.7 bp −$710.5 bp −$10546.6 bp −$4,661doesn't fit
Sell KuCoin live order book, 3 min ago0.65 bp13.2 bp −$1338.1 bp −$381doesn'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 −0.0298% / S +0.0507%1h153.06−0.042%$88K20xas long as short
Gate SPCX_USDT0.0000%8h153.07−0.039%$96.6M$31.1M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+12.662%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.94−0.124%$302K$3.1M20xas long as short
SunX SPCX-USDT0.0000%8h153.35+0.144%$8K$960K10xas long as short
HTX SPCX-USDT0.0000%8h153.08−0.033%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0025%1h153.00−0.084%$8K$8K10xas long as short
Lighter SPCX+0.0032%1h153.04−0.059%$1.6M$7.4M20xas long as short
Lighter RH SPCX+0.0032%1h153.01−0.078%$2.5M$7.4M20xas long as short
Injective SPCX/USDC PERP+0.0033%1h157.25+2.691%$9K$27K5.5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SPCX-USD-PERP+0.0046%1h153.09−0.026%$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h153.07−0.039%$1.7M$82K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.09−0.026%$534K$415K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.89−0.157%$3.2M$2.6M10xas long as short
QFEX SPCX-USD+0.0063%1h153.06−0.046%$1.2M$7.5M10xas long as short
BloFin SPCX-USDT+0.0097%8h153.12−0.007%$1.9M$1.4M75xas long as short
Polymarket Perps SPCX-USD+0.0099%1h153.06−0.046%$490K$1.1M10xas long as short
Pacifica SPCX+0.0100%1h152.99−0.091%$173K$129K10xas long as short
KuCoin SPCXUSDTMshort+0.0100%8h152.97−0.104%$13.0M$5.5M20x
ApeX Omni SPCXUSDT+0.0100%1h153.16+0.020%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.12−0.007%$15K$7K10xas long as short
Paradex SPCX-USD-PERP+0.0101%8h153.10−0.020%$1015xas long as short
Aevo SPCX-PERP+0.0104%1h153.10−0.021%$8910xas long as short
Bybit SPCXUSDTlong+0.0187%8h153.13long leg$30.8M$42.8M100x
Arcus SPCX-USD+0.0194%1h153.03−0.065%$105K$297K5xas long as short
Nado SPCX-PERP+0.0195%1h152.99−0.091%$602K$863K20xas long as short
Variational Omni SPCX+0.0199%8h153.08−0.032%$6.0M$3.5Mas long as short
OKX SPCX-USDT-SWAP+0.0206%8h153.10−0.020%$39.1M$169.3M75xas long as short
Extended SPCX-USD+0.0216%1h153.05−0.053%$732K$3.7M10xas long as short
Binance SPCXUSDT+0.0217%8h153.08−0.033%$252.7M$1.38B75xas long as short
tradeXYZ xyz:SPCX+0.0280%1h153.06−0.046%$143.4M$119.2M20xas long as short
Bullet SPCX-USD+0.0296%1h153.09−0.026%$12K$187K10xas long as short
Phoenix SPCX+0.0314%1h153.06−0.046%$445K$271K15xas long as short
Coinbase International SPCX-PERP-INTX+0.0328%1h153.14+0.007%$734K$971K10xas long as short
Aster SPCXUSD1+0.0332%8h153.06−0.047%$19.0M$19.7M20xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0338%1h153.06−0.046%$71K$1.0M10xas long as short
Bitget SPCXUSDT+0.0350%8h153.12−0.007%$31.3M$66.6M75xas long as short
RISEx SPCX/USDC+0.0409%1h153.11−0.012%$401K$535K20xas long as short
edgeX SPCXUSDC+0.0529%4h153.08−0.036%$1.7M$893K20xas long as short