Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: SoDEX against KuCoin+0.046%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$650.649% of the position

Long on KuCoin Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.009%−$1 on $10k

Price spread, last 3 days (all we have)−0.109%−$11 · spread now +0.046%, 7d avg +0.026%

Together, before fees−0.118%−$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SPCXUSDTM	152.96	0.0100	pay 0.0100% / 8h	7h 00m	$13.0M	$5.5M	20x
Short	SoDEX SPCX-USD	153.03	0.0050	get 0.0006% / 1h	0m 06s	$1.7M	$87K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against KuCoin. 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 KuCoinbpFee SoDEXbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$10.5
Price spread: +0.046% → +0.026%: $1.97
Slippage, 4 orders: −$44.92
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$73.45
Costs to cover: 0.649%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; SoDEX: live order book, 4 min ago.

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 KuCoin live order book, 3 min ago	0.33 bp	17.6 bp −$18	47.6 bp −$476	doesn't fit	doesn't fit
Sell SoDEX live order book, 4 min ago	0.33 bp	18.1 bp −$18	51.8 bp −$518	doesn't fit	doesn't fit

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 −0.0331% / S +0.0530%	1h	153.03	+0.042%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.02	+0.039%	$96.3M	$31.4M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.790%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.95	−0.007%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.34	+0.248%	$8K	$951K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.06	+0.065%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	153.01	+0.034%	$8K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.99	+0.020%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.99	+0.020%	$2.5M	$7.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.805%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SPCX-USD-PERP	+0.0046%	1h	153.05	+0.059%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.03	+0.046%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USDshort	+0.0050%	1h	153.03	+0.046%	$1.7M	$87K	20x
Phemex SPCXUSDT	+0.0050%	8h	153.05	+0.059%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.97	+0.007%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.03	+0.046%	$1.2M	$7.1M	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0077%	1h	153.00	+0.026%	$72K	$1.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0089%	8h	153.04	+0.055%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.93	−0.020%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTMlong	+0.0100%	8h	152.96	long leg	$13.0M	$5.5M	20x
ApeX Omni SPCXUSDT	+0.0100%	1h	152.94	−0.013%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.06	+0.065%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.05	+0.058%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0121%	8h	153.06	+0.065%	$1.9M	$1.4M	75x	as long as short
Bybit SPCXUSDT	+0.0122%	8h	153.06	+0.065%	$30.8M	$42.8M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	153.01	+0.033%	$105K	$297K	5x	as long as short
tradeXYZ xyz:SPCX	+0.0202%	1h	153.03	+0.046%	$142.8M	$119.5M	20x	as long as short
Bullet SPCX-USD	+0.0203%	1h	153.05	+0.059%	$11K	$189K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0213%	8h	153.05	+0.059%	$39.3M	$168.7M	75x	as long as short
Variational Omni SPCX	+0.0226%	8h	153.02	+0.038%	$6.0M	$3.5M	—	as long as short
Nado SPCX-PERP	+0.0233%	1h	152.96	0.000%	$620K	$849K	20x	as long as short
Extended SPCX-USD	+0.0240%	1h	153.02	+0.041%	$734K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0241%	8h	153.06	+0.065%	$252.6M	$1.38B	75x	as long as short
Bitget SPCXUSDT	+0.0278%	8h	153.07	+0.072%	$31.7M	$66.6M	75x	as long as short
Phoenix SPCX	+0.0314%	1h	153.06	+0.065%	$445K	$271K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.14	+0.118%	$728K	$986K	10x	as long as short
Aster SPCXUSD1	+0.0390%	8h	153.12	+0.104%	$19.0M	$18.1M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.08	+0.077%	$401K	$535K	20x	as long as short
edgeX SPCXUSDC	+0.0877%	4h	153.03	+0.049%	$1.7M	$894K	20x	as long as short