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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0383%/8h= +42.0% APRnext payment +$0.48 per $10,000 · paid last 24h +0.081%
Price spread now: Ondo Perps against GMX−0.075%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.075% cheaper against GMX than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 16 hours of funding at the current rate (+$12 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX SPCX/USD [ETH-USDC]152.96L −0.0333% / S +0.0531%get 0.0042% / 1h46m 51s$88K20x
ShortOndo Perps SPCX-USD.P152.840.0050get 0.0006% / 1h46m 51s$3.2M$2.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against GMX. 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
$80.53
Price spread: −0.075% → 0.000%
−$7.52
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$56.01
Costs to cover
0.170%
Break-even
2.1 days
Slippage unknown: GMX: no order-book sample; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Ondo Perps no order-book sample
GMX and Ondo 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SPCX/USD [ETH-USDC]longL −0.0333% / S +0.0531%1h152.96long leg$88K20x
Gate SPCX_USDT0.0000%8h152.95−0.003%$96.0M$31.2M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+12.795%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.90−0.036%$302K$3.0M20xas long as short
SunX SPCX-USDT0.0000%8h153.23+0.180%$8K$941K10xas long as short
HTX SPCX-USDT0.0000%8h153.01+0.036%$1.3M$1.7M75xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0012%1h152.92−0.023%$72K$1.2M10xas long as short
Aftermath Perps SPCXUSD+0.0025%1h152.95−0.005%$7K$8K10xas long as short
Lighter RH SPCX+0.0032%1h152.90−0.036%$2.5M$7.2M20xas long as short
Bitget SPCXUSDT+0.0035%8h153.00+0.029%$31.7M$66.1M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus SPCX-USD+0.0040%1h152.91−0.029%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.97+0.010%$1.2M10xas long as short
Lighter SPCX+0.0048%1h152.93−0.016%$1.6M$7.2M20xas long as short
QFEX SPCX-USD+0.0048%1h152.96+0.003%$1.2M$6.6M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.94−0.010%$499K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.95−0.003%$1.7M$92K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.94−0.010%$534K$405K50xas long as short
Ondo Perps SPCX-USD.Pshort+0.0050%1h152.84−0.075%$3.2M$2.5M10x
Bybit SPCXUSDT+0.0056%8h152.97+0.010%$30.8M$42.8M100xas long as short
Paradex SPCX-USD-PERP+0.0078%8h152.99+0.021%$1015xas long as short
BloFin SPCX-USDT+0.0081%8h152.97+0.010%$1.4M75xas long as short
Pacifica SPCX+0.0100%1h152.86−0.062%$169K$129K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.91−0.029%$13.0M$5.4M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.99+0.023%$58K$272K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.01+0.036%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.96+0.006%$8910xas long as short
Bullet SPCX-USD+0.0165%1h152.97+0.010%$11K$190K10xas long as short
OKX SPCX-USDT-SWAP+0.0188%8h152.98+0.016%$39.4M$167.9M75xas long as short
Variational Omni SPCX+0.0193%8h152.98+0.013%$6.0M$3.1Mas long as short
RISEx SPCX/USDC+0.0199%1h153.00+0.029%$408K$549K20xas long as short
Extended SPCX-USD+0.0200%1h152.93−0.013%$736K$3.8M10xas long as short
Binance SPCXUSDT+0.0201%8h152.98+0.014%$252.6M$1.37B75xas long as short
tradeXYZ xyz:SPCX+0.0216%1h152.95−0.003%$142.0M$119.3M20xas long as short
Nado SPCX-PERP+0.0221%1h152.91−0.033%$622K$832K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0256%1h153.01+0.036%$738K$980K10xas long as short
Phoenix SPCX+0.0262%1h152.97+0.010%$445K$267K15xas long as short
edgeX SPCXUSDC+0.0389%4h152.96+0.004%$1.7M$893K20xas long as short
Aster SPCXUSD1+0.0410%8h153.06+0.070%$19.0M$15.7M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h153.28+0.212%$9K$27K5.5xas long as short