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 − costs—under 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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps SPCX-USD | 152.96 | 0.0050 | pay 0.0006% / 1h | 48m 46s | $499K | $1.2M | 10x |
| Short | RISEx SPCX/USDC | 153.03 | 0.0199 | get 0.0025% / 1h | 48m 46s | $408K | $549K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 4 min ago | 1.96 bp | 6.0 bp −$6 | 7.2 bp −$72 | 8.9 bp −$890 | doesn't fit |
| Sell RISEx live order book, 15 min ago | 1.96 bp | 5.0 bp −$5 | 5.6 bp −$56 | doesn't fit | doesn't fit |
SPCX on 38 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 −0.0333% / S +0.0531% | 1h | 152.96 | −0.003% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.95 | −0.007% | $96.0M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.791% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.91 | −0.033% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.23 | +0.177% | $8K | $941K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.00 | +0.026% | $1.3M | $1.7M | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0012% | 1h | 152.91 | −0.033% | $72K | $1.2M | 10x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.93 | −0.017% | $7K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.90 | −0.039% | $2.5M | $7.2M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.92 | −0.026% | $105K | $297K | 5x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPCXUSDT | +0.0043% | 8h | 153.01 | +0.033% | $31.7M | $66.1M | 75x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.99 | +0.020% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0048% | 1h | 152.99 | +0.020% | $1.2M | $6.6M | 10x | as long as short |
| Polymarket Perps SPCX-USDlong | +0.0050% | 1h | 152.96 | long leg | $499K | $1.2M | 10x | |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.96 | 0.000% | $1.7M | $92K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.97 | +0.007% | $534K | $404K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.87 | −0.059% | $3.2M | $2.5M | 10x | as long as short |
| Bybit SPCXUSDT | +0.0062% | 8h | 152.97 | +0.007% | $30.8M | $42.8M | 100x | as long as short |
| Lighter SPCX | +0.0064% | 1h | 152.93 | −0.020% | $1.6M | $7.2M | 20x | as long as short |
| Paradex SPCX-USD-PERP | +0.0079% | 8h | 152.98 | +0.014% | $101 | — | 5x | as long as short |
| edgeX SPCXUSDC | +0.0086% | 4h | 152.97 | +0.006% | $1.7M | $892K | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.87 | −0.059% | $169K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.91 | −0.033% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.03 | +0.046% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.01 | +0.033% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.99 | +0.018% | $89 | — | 10x | as long as short |
| Bullet SPCX-USD | +0.0178% | 1h | 152.99 | +0.020% | $11K | $189K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0190% | 8h | 152.98 | +0.013% | $39.4M | $167.9M | 75x | as long as short |
| Variational Omni SPCX | +0.0193% | 8h | 152.98 | +0.010% | $6.0M | $3.1M | — | as long as short |
| RISEx SPCX/USDCshort | +0.0199% | 1h | 153.03 | +0.049% | $408K | $549K | 20x | |
| Binance SPCXUSDT | +0.0203% | 8h | 152.97 | +0.005% | $252.6M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0208% | 1h | 152.93 | −0.021% | $736K | $3.8M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0225% | 1h | 152.95 | −0.007% | $142.0M | $119.3M | 20x | as long as short |
| Nado SPCX-PERP | +0.0233% | 1h | 152.92 | −0.027% | $622K | $832K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.01 | +0.033% | $738K | $980K | 10x | as long as short |
| Phoenix SPCX | +0.0262% | 1h | 152.99 | +0.020% | $445K | $267K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0411% | 8h | 153.07 | +0.070% | $19.0M | $15.6M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.28 | +0.209% | $9K | $27K | 5.5x | as long as short |
Polymarket Perps SPCX-USD
RISEx SPCX/USDC
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
Aftermath Perps SPCXUSD
Lighter RH SPCX
Bitget SPCXUSDT
SoDEX SPCX-USD
Phemex SPCXUSDT
Bybit SPCXUSDT
Lighter SPCX
Paradex SPCX-USD-PERP
edgeX SPCXUSDC
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
tradeXYZ xyz:SPCX
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP