Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h +0.073%

Price spread now: RISEx against SunX−0.108%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$710.705% of the position

Long on SunX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.122%+$12 on $10k

Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.108%, 7d avg −0.020%

Together, before fees+0.200%+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. RISEx is 0.088% cheaper against SunX than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of −0.020%). If the spread goes back, that is −$9 on $10k: about 2.8 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SPCX-USDT	152.74	0	get 0.0000% / 8h	4h 53m	$8K	$810K	10x
Short	RISEx SPCX/USDC	152.57	0.0104	get 0.0013% / 1h	53m 43s	$351K	$482K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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

Position, each leg$Hold fordaysFee SunXbpFee RISExbpOrdersPrice spread, now −0.108%Rate

Funding earned: $21.82
Price spread: −0.108% → −0.020%: −$8.76
Slippage, 4 orders: −$56.52
Fee SunX: 4 bp × 2 orders: −$8
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$57.47
Costs to cover: 0.705%
Break-even: 25.4 days

Slippage from SunX: live order book, 42 min ago; RISEx: live order book, 53 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 SunX live order book, 42 min ago	21.93 bp	25.9 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell RISEx live order book, 53 min ago	2.29 bp	5.3 bp −$5	6.6 bp −$66	doesn't fit	doesn't fit

SPCX on 38 exchanges

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	152.47	−0.173%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0075%	8h	152.52	−0.144%	$2.0M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.54	−0.131%	$30.1M	$42.5M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.52	−0.144%	$96.2M	$30.4M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.58	−0.105%	$31.1M	$66.6M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.59	−0.098%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDTlong	0.0000%	8h	152.74	long leg	$8K	$810K	10x
HTX SPCX-USDT	0.0000%	8h	152.59	−0.098%	$1.3M	$1.7M	75x	as long as short
Variational Omni SPCX	+0.0008%	8h	152.59	−0.095%	$5.9M	$2.7M	—	as long as short
Aftermath Perps SPCXUSD	+0.0021%	1h	152.52	−0.142%	$7K	$7K	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USD	+0.0029%	1h	152.49	−0.164%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.45	−0.190%	$1.5M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.44	−0.196%	$2.5M	$7.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	+0.026%	$9K	$28K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.48	−0.170%	$102K	$293K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.48	−0.170%	—	$1.2M	10x	as long as short
Binance SPCXUSDT	+0.0046%	8h	152.55	−0.126%	$251.7M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0048%	1h	152.50	−0.158%	$701K	$5.3M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.44	−0.196%	$128.1M	$129.3M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.53	−0.137%	$1.7M	$56K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.57	−0.111%	$531K	$378K	50x	as long as short
Paradex SPCX-USD-PERP	+0.0050%	8h	152.53	−0.140%	$101	—	5x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.53	−0.137%	$3.1M	$2.1M	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0078%	1h	152.48	−0.170%	$43K	$1.4M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0083%	8h	152.59	−0.098%	$39.8M	$167.7M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.42	−0.210%	$169K	$114K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.45	−0.190%	$13.0M	$6.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.62	−0.079%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.55	−0.124%	$14K	$7K	10x	as long as short
RISEx SPCX/USDCshort	+0.0104%	1h	152.57	−0.108%	$351K	$482K	20x
Aevo SPCX-PERP	+0.0104%	1h	152.51	−0.150%	$88	—	10x	as long as short
Polymarket Perps SPCX-USD	+0.0140%	1h	152.53	−0.137%	$483K	$1.1M	10x	as long as short
Nado SPCX-PERP	+0.0171%	1h	152.46	−0.184%	$632K	$810K	20x	as long as short
Bullet SPCX-USD	+0.0176%	1h	152.56	−0.115%	$11K	$190K	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.54	−0.131%	$732K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0209%	1h	152.64	−0.065%	$449K	$272K	15x	as long as short
Aster SPCXUSD1	+0.0417%	8h	152.67	−0.043%	$19.0M	$30.5M	20x	as long as short
edgeX SPCXUSDC	+0.0455%	4h	152.57	−0.109%	$1.7M	$889K	20x	as long as short