Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: SunX against Ondo Perps+0.249%7-day average +0.121% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.120%−$12 on $10k

Price spread, last 4 days (all we have)−0.140%−$14 · spread now +0.249%, 7d avg +0.121%

Together, before fees−0.260%+ Points / potential airdropOndo Perps: Active · farm board−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.128% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.249% now, against its 7-day average of +0.121%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps SPCX-USD.P	152.51	0.0050	pay 0.0006% / 1h	43m 59s	$3.0M	$2.1M	10x
Short	SunX SPCX-USDT	152.89	0	get 0.0000% / 8h	5h 43m	$8K	$817K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Ondo Perps. 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 Ondo PerpsbpFee SunXbpOrdersPrice spread, now +0.249%Rate

Funding earned: −$10.58
Price spread: +0.249% → +0.121%: $12.79
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$10.79
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 61 min ago. Net counts fees only.

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell SunX live order book, 61 min ago	21.93 bp	34.4 bp −$34	doesn't fit	doesn't fit	doesn't fit

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 38 exchanges

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 −0.0187% / S +0.0435%	1h	152.56	+0.036%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0058%	8h	152.66	+0.098%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.67	+0.105%	$30.1M	$43.3M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.63	+0.079%	$96.2M	$32.7M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.70	+0.125%	$31.0M	$67.0M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.67	+0.105%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDTshort	0.0000%	8h	152.89	+0.249%	$8K	$817K	10x
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.59	+0.052%	$44K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.71	+0.131%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0021%	1h	152.61	+0.067%	$7K	$7K	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USD	+0.0030%	1h	152.62	+0.072%	$1.2M	$5.4M	10x	as long as short
Variational Omni SPCX	+0.0030%	8h	152.62	+0.070%	$5.9M	$2.7M	—	as long as short
Lighter SPCX	+0.0032%	1h	152.60	+0.059%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.57	+0.039%	$2.5M	$7.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	+0.177%	$9K	$28K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.57	+0.039%	$103K	$294K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.62	+0.072%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.53	+0.013%	$128.3M	$129.7M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.63	+0.079%	$1.7M	$101K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.58	+0.046%	$533K	$369K	50x	as long as short
Paradex SPCX-USD-PERP	+0.0050%	8h	152.64	+0.082%	$101	—	5x	as long as short
Ondo Perps SPCX-USD.Plong	+0.0050%	1h	152.51	long leg	$3.0M	$2.1M	10x
RISEx SPCX/USDC	+0.0051%	1h	152.70	+0.125%	$351K	$510K	20x	as long as short
Extended SPCX-USD	+0.0056%	1h	152.62	+0.075%	$728K	$5.3M	10x	as long as short
Binance SPCXUSDT	+0.0059%	8h	152.67	+0.105%	$251.8M	$1.38B	75x	as long as short
Bullet SPCX-USD	+0.0066%	1h	152.67	+0.105%	$12K	$191K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0084%	8h	152.69	+0.118%	$39.4M	$168.5M	75x	as long as short
Polymarket Perps SPCX-USD	+0.0097%	1h	152.65	+0.092%	$486K	$1.1M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.54	+0.020%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.60	+0.059%	$13.0M	$6.2M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.71	+0.131%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.67	+0.105%	$15K	$7K	10x	as long as short
Nado SPCX-PERP	+0.0101%	1h	152.59	+0.056%	$633K	$806K	20x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.63	+0.078%	$89	—	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0136%	1h	152.70	+0.125%	$735K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0209%	1h	152.68	+0.111%	$448K	$271K	15x	as long as short
Aster SPCXUSD1	+0.0400%	8h	152.83	+0.210%	$19.0M	$30.6M	20x	as long as short
edgeX SPCXUSDC	+0.0710%	4h	152.65	+0.095%	$1.7M	$891K	20x	as long as short