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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0140%/8h= +15.4% APRpaid last 24h +0.057%
Price spread now: RISEx against Phemex+0.014%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$650.649% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.131%+$13 on $10k
Price spread, last 4 days (all we have)+0.198%+$20 · spread now +0.014%, 7d avg +0.102%
Together, before fees+0.329%+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.088% cheaper against Phemex than usual: you would sell low and buy high (spread +0.014% now, against its 7-day average of +0.102%). If the spread goes back, that is −$9 on $10k: about 2.1 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SPCXUSDT152.290.0050pay 0.0050% / 8h7h 19m$530K$364K50x
ShortRISEx SPCX/USDC152.310.0190get 0.0024% / 1h19m 59s$381K$507K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx 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
$29.45
Price spread: +0.014% → +0.102%
−$8.79
Slippage, 4 orders
−$46.94
Fee Phemex: 6 bp × 2 orders
−$12
Fee RISEx: 3 bp × 2 orders
−$6
Net
−$44.28
Costs to cover
0.649%
Break-even
17.5 days
Slippage from Phemex: live order book, 12 min ago; RISEx: live order book, 13 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, 12 min ago0.33 bp42.0 bp −$42doesn't fitdoesn't fitdoesn't fit
Sell RISEx live order book, 13 min ago1.64 bp4.6 bp −$55.5 bp −$55doesn't fitdoesn't fit

SPCX on 38 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%1h152.22−0.043%$90K20xas long as short
BloFin SPCX-USDT−0.0016%8h152.27−0.013%$1.9M$1.2M75xas long as short
Bybit SPCXUSDT0.0000%8h152.40+0.072%$30.4M$43.3M100xas long as short
Gate SPCX_USDT0.0000%8h152.32+0.020%$96.2M$32.4M100xas long as short
Bitget SPCXUSDT0.0000%8h152.41+0.079%$31.0M$66.6M75xas long as short
StandX SPCX-USD0.0000%1h152.33+0.026%$300K$2.6M20xas long as short
SunX SPCX-USDT0.0000%8h152.290.000%$8K$847K10xas long as short
HTX SPCX-USDT0.0000%8h152.35+0.039%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0019%1h152.09−0.132%$7K$7K10xas long as short
edgeX SPCXUSDC+0.0029%4h152.16−0.086%$1.7M$890K20xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SPCX+0.0032%1h152.290.000%$1.6M$7.4M20xas long as short
Lighter RH SPCX+0.0032%1h152.26−0.020%$2.5M$7.3M20xas long as short
QFEX SPCX-USD+0.0035%1h152.25−0.026%$1.2M$5.4M10xas long as short
Arcus SPCX-USD+0.0040%1h152.24−0.033%$102K$293K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.28−0.007%$1.2M10xas long as short
tradeXYZ xyz:SPCX+0.0050%1h152.27−0.013%$129.7M$129.7M20xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.22−0.046%$488K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.31+0.013%$1.7M$99K20xas long as short
Phemex SPCXUSDTlong+0.0050%8h152.29long leg$530K$364K50x
Ondo Perps SPCX-USD.P+0.0050%1h152.14−0.098%$3.1M$2.2M10xas long as short
Paradex SPCX-USD-PERP+0.0060%8h152.28−0.003%$1015xas long as short
Variational Omni SPCX+0.0085%8h152.29+0.002%$5.9M$2.8Mas long as short
Pacifica SPCX+0.0100%1h152.18−0.072%$168K$117K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.28−0.007%$13.0M$5.7M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.05−0.158%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.34+0.033%$14K$7K10xas long as short
Extended SPCX-USD+0.0104%1h152.34+0.035%$725K$5.3M10xas long as short
Aevo SPCX-PERP+0.0104%1h152.29+0.003%$8810xas long as short
Binance SPCXUSDT+0.0106%8h152.39+0.066%$254.0M$1.37B75xas long as short
Nado SPCX-PERP+0.0110%1h152.26−0.022%$636K$809K20xas long as short
OKX SPCX-USDT-SWAP+0.0116%8h152.40+0.072%$39.3M$167.9M75xas long as short
Bullet SPCX-USD+0.0134%1h152.31+0.014%$11K$192K10xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0144%1h152.31+0.013%$84K$1.4M10xas long as short
RISEx SPCX/USDCshort+0.0190%1h152.31+0.014%$381K$507K20x
Phoenix SPCX+0.0210%1h152.00−0.190%$446K$268K15xas long as short
Coinbase International SPCX-PERP-INTX+0.0280%1h152.28−0.007%$692K$999K10xas long as short
Aster SPCXUSD1+0.0390%8h152.51+0.144%$19.0M$30.7M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h152.51+0.144%$9K$28K5.5xas long as short