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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0158%/8h= +17.3% APRnext payment +$1.58 per $10,000 · paid last 24h +0.020%
Price spread now: OKX against SunX−0.137%47s7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$710.714% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.023%+$2 on $10k
Price spread, last 4 days (all we have)+0.012%+$1 · spread now −0.137%, 7d avg −0.058%
Together, before fees+0.036%+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.079% cheaper against SunX than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of −0.058%). If the spread goes back, that is −$8 on $10k: about 40 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.023% in total) that is about 24 days. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SPCX-USDT153.120get 0.0000% / 8h3h 42m$8K$932K10x
ShortOKX SPCX-USDT-SWAP152.910.0158get 0.0158% / 8h3h 42m$39.6M$166.1M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against SunX. 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
$33.26
Price spread: −0.137% → −0.058%
−$7.91
Slippage, 4 orders
−$53.4
Fee SunX: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$46.04
Costs to cover
0.714%
Break-even
16.7 days
Slippage from SunX: live order book, 40 min ago; OKX: live order book, 1 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 SunX live order book, 40 min ago21.86 bp25.9 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.33 bp5.9 bp −$67.6 bp −$7612.5 bp −$1,254doesn't fit

SPCX on 39 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 −0.0214% / S +0.0456%1h152.84−0.180%$90K20xas long as short
Gate SPCX_USDT0.0000%8h152.86−0.170%$96.3M$31.2M100xas long as short
Bitget SPCXUSDT0.0000%8h152.91−0.137%$31.8M$65.3M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+12.676%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.92−0.131%$301K$2.9M20xas long as short
SunX SPCX-USDTlong0.0000%8h153.12long leg$8K$932K10x
HTX SPCX-USDT0.0000%8h152.94−0.118%$1.3M$1.7M75xas long as short
Bybit SPCXUSDT+0.0017%8h152.88−0.157%$30.7M$42.6M100xas long as short
Aftermath Perps SPCXUSD+0.0032%1h152.86−0.168%$7K$8K10xas long as short
Lighter RH SPCX+0.0032%1h152.81−0.202%$2.5M$7.3M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SPCX-USDT+0.0035%8h152.91−0.137%$1.9M$1.3M75xas long as short
Arcus SPCX-USD+0.0040%1h152.82−0.196%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.81−0.202%$1.2M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.83−0.189%$499K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.85−0.176%$1.7M$97K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.88−0.157%$533K$391K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.79−0.216%$3.2M$2.4M10xas long as short
QFEX SPCX-USD+0.0050%1h152.85−0.176%$1.2M$5.8M10xas long as short
Pacifica SPCX+0.0100%1h152.78−0.222%$169K$121K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.80−0.209%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.92−0.131%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.87−0.163%$15K$7K10xas long as short
Paradex SPCX-USD-PERP+0.0101%8h152.90−0.146%$1015xas long as short
Aevo SPCX-PERP+0.0104%1h152.87−0.160%$8910xas long as short
Variational Omni SPCX+0.0141%8h152.91−0.138%$6.0M$2.9Mas long as short
Lighter SPCX+0.0152%1h152.84−0.183%$1.6M$7.3M20xas long as short
Extended SPCX-USD+0.0152%1h152.82−0.193%$738K$3.8M10xas long as short
Binance SPCXUSDT+0.0155%8h152.88−0.159%$248.6M$1.36B75xas long as short
OKX SPCX-USDT-SWAPshort+0.0158%8h152.91−0.137%$39.6M$166.1M75x
edgeX SPCXUSDC+0.0206%4h152.89−0.149%$1.7M$893K20xas long as short
RISEx SPCX/USDC+0.0217%1h152.89−0.149%$409K$517K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0248%1h152.90−0.144%$741K$939K10xas long as short
Nado SPCX-PERP+0.0249%1h152.73−0.253%$615K$810K20xas long as short
Phoenix SPCX+0.0261%1h152.93−0.124%$445K$264K15xas long as short
Bullet SPCX-USD+0.0279%1h152.90−0.147%$12K$192K10xas long as short
tradeXYZ xyz:SPCX+0.0281%1h152.84−0.183%$141.3M$119.2M20xas long as short
Aster SPCXUSD1+0.0430%8h152.98−0.091%$19.0M$22.9M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h153.24+0.078%$9K$28K5.5xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0536%1h152.84−0.183%$84K$1.2M10xas long as short