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+0.0352%/8h= +38.5% APRnext payment +$3.52 per $10,000 · paid last 24h +0.017%
Price spread now: Aster against Phemex+0.076%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$410.411% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.113%+$11 on $10k
Price spread, last 4 days (all we have)+0.078%+$8 · spread now +0.076%, 7d avg +0.076%
Together, before fees+0.191%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.076%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.113% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.52 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
LongPhemex SPCXUSDT152.370.0050pay 0.0050% / 8h1h 14m$530K$378K50x
ShortAster SPCXUSD1152.490.0402get 0.0402% / 8h1h 14m$18.9M$29.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Phemex. 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
$73.91
Price spread: +0.076% → +0.076%
$0
Slippage, 4 orders
−$21.13
Fee Phemex: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$32.78
Costs to cover
0.411%
Break-even
3.9 days
Slippage from Phemex: live order book, 28 min ago; Aster: live order book, 4 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 Phemex live order book, 28 min ago0.33 bp15.9 bp −$16doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 4 min ago0.98 bp5.9 bp −$69.7 bp −$97doesn'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 −0.0187% / S +0.0435%1h152.28−0.056%$90K20xas long as short
Gate SPCX_USDT0.0000%8h152.33−0.026%$96.1M$31.9M100xas long as short
Bitget SPCXUSDT0.0000%8h152.38+0.007%$31.2M$66.1M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+13.229%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.38+0.007%$300K$2.7M20xas long as short
SunX SPCX-USDT0.0000%8h152.71+0.223%$8K$896K10xas long as short
HTX SPCX-USDT0.0000%8h152.43+0.039%$1.3M$1.8M75xas long as short
Bybit SPCXUSDT+0.0007%8h152.36−0.007%$30.6M$42.7M100xas long as short
BloFin SPCX-USDT+0.0017%8h152.40+0.020%$1.9M$1.2M75xas long as short
Aftermath Perps SPCXUSD+0.0028%1h152.34−0.018%$7K$8K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SPCX+0.0032%1h152.28−0.059%$2.5M$7.3M20xas long as short
QFEX SPCX-USD+0.0038%1h152.36−0.007%$1.2M$5.5M10xas long as short
Arcus SPCX-USD+0.0040%1h152.30−0.046%$103K$300K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.29−0.053%$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.32−0.033%$1.7M$99K20xas long as short
Phemex SPCXUSDTlong+0.0050%8h152.37long leg$530K$378K50x
Ondo Perps SPCX-USD.P+0.0050%1h152.23−0.092%$3.2M$2.2M10xas long as short
RISEx SPCX/USDC+0.0072%1h152.41+0.023%$392K$505K20xas long as short
Pacifica SPCX+0.0100%1h152.29−0.053%$168K$120K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.24−0.085%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.29−0.053%$58K$272K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.39+0.013%$14K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.36−0.004%$8810xas long as short
tradeXYZ xyz:SPCX+0.0121%1h152.28−0.059%$130.0M$129.1M20xas long as short
Variational Omni SPCX+0.0122%8h152.35−0.014%$5.9M$2.8Mas long as short
Paradex SPCX-USD-PERP+0.0131%8h152.37+0.001%$1015xas long as short
Extended SPCX-USD+0.0136%1h152.33−0.029%$724K$3.6M10xas long as short
Binance SPCXUSDT+0.0138%8h152.370.000%$251.9M$1.36B75xas long as short
Polymarket Perps SPCX-USD+0.0142%1h152.34−0.020%$487K$1.2M10xas long as short
OKX SPCX-USDT-SWAP+0.0146%8h152.370.000%$39.5M$166.6M75xas long as short
Lighter SPCX+0.0152%1h152.30−0.046%$1.6M$7.4M20xas long as short
Coinbase International SPCX-PERP-INTX+0.0192%1h152.36−0.007%$732K$938K10xas long as short
Phoenix SPCX+0.0210%1h152.39+0.013%$443K$266K15xas long as short
Nado SPCX-PERP+0.0267%1h152.23−0.089%$626K$807K20xas long as short
edgeX SPCXUSDC+0.0297%4h152.39+0.010%$1.7M$893K20xas long as short
Bullet SPCX-USD+0.0304%1h152.36−0.003%$11K$191K10xas long as short
Aster SPCXUSD1short+0.0402%8h152.49+0.076%$18.9M$29.6M20x
Injective SPCX/USDC PERP+0.0440%1h152.81+0.289%$9K$28K5.5xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0604%1h152.33−0.026%$89K$1.3M10xas long as short