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+0.0149%/8h= +16.4% APRnext payment +$0.19 per $10,000 · paid last 24h +0.043%
Price spread now: RISEx against Polymarket Perps+0.049%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$220.218% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.043%+$4 on $10k
Price spread, last 4 days (all we have)+0.014%+$1 · spread now +0.049%, 7d avg +0.080%
Together, before fees+0.057%+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.031% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.049% now, against its 7-day average of +0.080%). If the spread goes back, that is −$3 on $10k: about 17 hours of funding at the current rate (+$4 a day). At the pace of the last 4 days (+0.043% in total) that is about 2.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SPCX-USD152.960.0050pay 0.0006% / 1h48m 46s$499K$1.2M10x
ShortRISEx SPCX/USDC153.030.0199get 0.0025% / 1h48m 46s$408K$549K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against Polymarket 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

Funding earned
$31.36
Price spread: +0.049% → +0.080%
−$3.11
Slippage, 4 orders
−$7.84
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$6.41
Costs to cover
0.218%
Break-even
5.6 days
Slippage from Polymarket Perps: live order book, 4 min ago; RISEx: live order book, 15 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 Polymarket Perps live order book, 4 min ago1.96 bp6.0 bp −$67.2 bp −$728.9 bp −$890doesn't fit
Sell RISEx live order book, 15 min ago1.96 bp5.0 bp −$55.6 bp −$56doesn'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 −0.0333% / S +0.0531%1h152.96−0.003%$88K20xas long as short
Gate SPCX_USDT0.0000%8h152.95−0.007%$96.0M$31.2M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+12.791%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.91−0.033%$302K$3.0M20xas long as short
SunX SPCX-USDT0.0000%8h153.23+0.177%$8K$941K10xas long as short
HTX SPCX-USDT0.0000%8h153.00+0.026%$1.3M$1.7M75xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0012%1h152.91−0.033%$72K$1.2M10xas long as short
Aftermath Perps SPCXUSD+0.0025%1h152.93−0.017%$7K$8K10xas long as short
Lighter RH SPCX+0.0032%1h152.90−0.039%$2.5M$7.2M20xas long as short
Arcus SPCX-USD+0.0040%1h152.92−0.026%$105K$297K5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SPCXUSDT+0.0043%8h153.01+0.033%$31.7M$66.1M75xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.99+0.020%$1.2M10xas long as short
QFEX SPCX-USD+0.0048%1h152.99+0.020%$1.2M$6.6M10xas long as short
Polymarket Perps SPCX-USDlong+0.0050%1h152.96long leg$499K$1.2M10x
SoDEX SPCX-USD+0.0050%1h152.960.000%$1.7M$92K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.97+0.007%$534K$404K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.87−0.059%$3.2M$2.5M10xas long as short
Bybit SPCXUSDT+0.0062%8h152.97+0.007%$30.8M$42.8M100xas long as short
Lighter SPCX+0.0064%1h152.93−0.020%$1.6M$7.2M20xas long as short
Paradex SPCX-USD-PERP+0.0079%8h152.98+0.014%$1015xas long as short
edgeX SPCXUSDC+0.0086%4h152.97+0.006%$1.7M$892K20xas long as short
Pacifica SPCX+0.0100%1h152.87−0.059%$169K$129K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.91−0.033%$13.0M$5.4M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h153.03+0.046%$58K$272K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.01+0.033%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.99+0.018%$8910xas long as short
Bullet SPCX-USD+0.0178%1h152.99+0.020%$11K$189K10xas long as short
OKX SPCX-USDT-SWAP+0.0190%8h152.98+0.013%$39.4M$167.9M75xas long as short
Variational Omni SPCX+0.0193%8h152.98+0.010%$6.0M$3.1Mas long as short
RISEx SPCX/USDCshort+0.0199%1h153.03+0.049%$408K$549K20x
Binance SPCXUSDT+0.0203%8h152.97+0.005%$252.6M$1.37B75xas long as short
Extended SPCX-USD+0.0208%1h152.93−0.021%$736K$3.8M10xas long as short
tradeXYZ xyz:SPCX+0.0225%1h152.95−0.007%$142.0M$119.3M20xas long as short
Nado SPCX-PERP+0.0233%1h152.92−0.027%$622K$832K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0256%1h153.01+0.033%$738K$980K10xas long as short
Phoenix SPCX+0.0262%1h152.99+0.020%$445K$267K15xas long as short
Aster SPCXUSD1+0.0411%8h153.07+0.070%$19.0M$15.6M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h153.28+0.209%$9K$27K5.5xas long as short