SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0139%/8h= +15.2% APRnext payment +$0.17 per $10,000 · paid last 24h +0.006%

Price spread now: tradeXYZ against Polymarket Perps+0.013%7-day average −0.015% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$320.318% of the position

Long on Polymarket Perps Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.118%−$12 on $10k

Price spread, last 7 days−0.082%−$8 · spread now +0.013%, 7d avg −0.015%

Together, before fees−0.200%+ Points / potential airdroptradeXYZ: Active · farm board−$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and tradeXYZ is 0.028% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour.

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	22m 50s	$499K	$1.2M	10x
Short	tradeXYZ xyz:SPCX	152.98	0.0189	get 0.0024% / 1h	22m 50s	$142.0M	$119.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee tradeXYZbpOrdersPrice spread, now +0.013%Rate

Funding earned: $29.21
Price spread: +0.013% → −0.015%: $2.76
Slippage, 4 orders: −$5.82
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $0.15
Costs to cover: 0.318%
Break-even: 7.0 days

Slippage from Polymarket Perps: live order book, just now; tradeXYZ: live order book, 6 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, just now	2.29 bp	6.3 bp −$6	6.8 bp −$68	8.7 bp −$871	doesn't fit
Sell tradeXYZ live order book, 6 min ago	0.33 bp	9.9 bp −$10	10.5 bp −$105	12.6 bp −$1,264	doesn't fit

SPCX on 39 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	152.99	+0.016%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.99	+0.020%	$96.2M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.06	+0.065%	$31.7M	$65.6M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+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	153.22	+0.170%	$8K	$939K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.04	+0.052%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	152.97	+0.007%	$8K	$8K	10x	as long as short
Bybit SPCXUSDT	+0.0027%	8h	153.02	+0.039%	$30.8M	$42.8M	100x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.94	−0.013%	$2.5M	$7.2M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus SPCX-USD	+0.0040%	1h	152.92	−0.026%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.97	+0.007%	—	$1.2M	10x	as long as short
Lighter SPCX	+0.0048%	1h	152.97	+0.007%	$1.6M	$7.2M	20x	as long as short
QFEX SPCX-USD	+0.0048%	1h	152.98	+0.013%	$1.2M	$6.5M	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	152.99	+0.020%	$1.7M	$93K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.99	+0.020%	$534K	$400K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.83	−0.085%	$3.2M	$2.5M	10x	as long as short
BloFin SPCX-USDT	+0.0064%	8h	153.00	+0.026%	$1.9M	$1.4M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0073%	8h	153.03	+0.047%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.91	−0.033%	$169K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.89	−0.046%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	−0.020%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.03	+0.046%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.99	+0.022%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0159%	1h	153.02	+0.037%	$11K	$191K	10x	as long as short
Variational Omni SPCX	+0.0171%	8h	152.97	+0.009%	$6.0M	$3.1M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0175%	8h	153.00	+0.026%	$39.5M	$167.6M	75x	as long as short
Extended SPCX-USD	+0.0184%	1h	152.98	+0.011%	$734K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0184%	8h	153.03	+0.043%	$252.4M	$1.37B	75x	as long as short
tradeXYZ xyz:SPCXshort	+0.0189%	1h	152.98	+0.013%	$142.0M	$119.2M	20x
RISEx SPCX/USDC	+0.0199%	1h	153.05	+0.061%	$408K	$549K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0208%	1h	152.97	+0.007%	$73K	$1.2M	10x	as long as short
edgeX SPCXUSDC	+0.0211%	4h	152.97	+0.009%	$1.7M	$892K	20x	as long as short
Nado SPCX-PERP	+0.0217%	1h	152.91	−0.033%	$622K	$830K	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	152.98	+0.013%	$445K	$267K	15x	as long as short
Aster SPCXUSD1	+0.0408%	8h	153.10	+0.089%	$19.0M	$17.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.28	+0.209%	$9K	$27K	5.5x	as long as short