Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0072%/8h= −7.9% APRpaid last 24h −0.068%

Price spread now: SunX against RISEx+0.171%7-day average +0.015% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on RISEx Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.112%−$11 on $10k

Price spread, last 4 days (all we have)−0.131%−$13 · spread now +0.171%, 7d avg +0.015%

Together, before fees−0.243%−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.156% dearer against RISEx than usual: you sell high and buy low (spread +0.171% now, against its 7-day average of +0.015%): +$16 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SPCX/USDC	152.45	0.0072	pay 0.0009% / 1h	24m 30s	$393K	$505K	20x
Short	SunX SPCX-USDT	152.71	0	get 0.0000% / 8h	1h 24m	$8K	$896K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against RISEx. 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 RISExbpFee SunXbpOrdersPrice spread, now +0.171%Rate

Funding earned: −$15.22
Price spread: +0.171% → +0.015%: $15.63
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee SunX: 4 bp × 2 orders: −$8
Net: −$13.59
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: RISEx: live order book, 19 min ago; SunX: live order book, 38 min ago. Net counts fees only.

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 RISEx live order book, 19 min ago	1.64 bp	4.6 bp −$5	5.6 bp −$56	doesn't fit	doesn't fit
Sell SunX live order book, 38 min ago	21.92 bp	doesn't fit	doesn't fit	doesn't fit	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 −0.0187% / S +0.0435%	1h	152.34	−0.075%	$90K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.41	−0.025%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.38	−0.045%	$96.1M	$31.9M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.43	−0.012%	$31.2M	$66.1M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+13.168%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.38	−0.045%	$300K	$2.7M	20x	as long as short
SunX SPCX-USDTshort	0.0000%	8h	152.71	+0.171%	$8K	$896K	10x
HTX SPCX-USDT	0.0000%	8h	152.47	+0.014%	$1.3M	$1.8M	75x	as long as short
BloFin SPCX-USDT	+0.0001%	8h	152.40	−0.032%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	152.34	−0.070%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.35	−0.065%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0038%	1h	152.39	−0.038%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.33	−0.078%	$103K	$299K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.34	−0.071%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.37	−0.052%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.38	−0.045%	$531K	$379K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.23	−0.143%	$3.2M	$2.2M	10x	as long as short
RISEx SPCX/USDClong	+0.0072%	1h	152.45	long leg	$393K	$505K	20x
Pacifica SPCX	+0.0100%	1h	152.28	−0.111%	$168K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.26	−0.124%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.29	−0.104%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.43	−0.012%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.41	−0.023%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0104%	8h	152.41	−0.026%	$5.9M	$2.8M	—	as long as short
tradeXYZ xyz:SPCX	+0.0109%	1h	152.32	−0.084%	$130.1M	$129.1M	20x	as long as short
Paradex SPCX-USD-PERP	+0.0112%	8h	152.43	−0.013%	$101	—	5x	as long as short
Extended SPCX-USD	+0.0120%	1h	152.38	−0.046%	$733K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0123%	8h	152.42	−0.021%	$251.7M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0130%	8h	152.42	−0.019%	$39.5M	$166.7M	75x	as long as short
Polymarket Perps SPCX-USD	+0.0136%	1h	152.39	−0.038%	$487K	$1.2M	10x	as long as short
Lighter SPCX	+0.0136%	1h	152.37	−0.052%	$1.6M	$7.4M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.36	−0.058%	$732K	$938K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.40	−0.032%	$443K	$266K	15x	as long as short
Nado SPCX-PERP	+0.0258%	1h	152.28	−0.113%	$626K	$808K	20x	as long as short
edgeX SPCXUSDC	+0.0267%	4h	152.40	−0.033%	$1.7M	$891K	20x	as long as short
Bullet SPCX-USD	+0.0292%	1h	152.41	−0.025%	$11K	$192K	10x	as long as short
Aster SPCXUSD1	+0.0389%	8h	152.53	+0.050%	$18.8M	$29.3M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.81	+0.237%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0538%	1h	152.38	−0.045%	$89K	$1.3M	10x	as long as short