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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0190%/8h= +20.8% APRnext payment +$0.24 per $10,000 · paid last 24h +0.047%
Price spread now: Phoenix against Aftermath Perps+0.064%63s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Phoenix is 0.064% dearer against Aftermath Perps than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps SPCXUSD152.520.0020pay 0.0002% / 1h45m 52s$7K$8K10x
ShortPhoenix SPCX152.620.0210get 0.0026% / 1h45m 52s$444K$266K15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix against Aftermath 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

Funding earned
$39.86
Price spread: +0.064% → 0.000%
$6.4
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$30.26
Costs to cover
0.160%
Break-even
1.7 days
Slippage unknown: Aftermath Perps: no order-book sample; Phoenix: live order book, 61 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Phoenix live order book, 61 min ago0.33 bp6.9 bp −$721.1 bp −$211doesn't fitdoesn't fit
Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0187% / S +0.0435%1h152.49−0.024%$90K20xas long as short
BloFin SPCX-USDT−0.0020%8h152.60+0.051%$1.9M$1.2M75xas long as short
Bybit SPCXUSDT0.0000%8h152.57+0.031%$30.6M$42.7M100xas long as short
Gate SPCX_USDT0.0000%8h152.54+0.012%$96.2M$31.8M100xas long as short
Bitget SPCXUSDT0.0000%8h152.57+0.031%$31.2M$66.0M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+13.116%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.63+0.071%$300K$2.7M20xas long as short
SunX SPCX-USDT0.0000%8h152.87+0.228%$8K$897K10xas long as short
HTX SPCX-USDT0.0000%8h152.69+0.110%$1.3M$1.8M75xas long as short
Aftermath Perps SPCXUSDlong+0.0020%1h152.52long leg$7K$8K10x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SPCX+0.0032%1h152.49−0.021%$2.5M$7.3M20xas long as short
QFEX SPCX-USD+0.0038%1h152.56+0.025%$1.2M$5.5M10xas long as short
Arcus SPCX-USD+0.0040%1h152.53+0.005%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.54+0.012%$1.2M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.56+0.025%$487K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.55+0.018%$1.7M$96K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.46−0.041%$531K$384K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.47−0.034%$3.2M$2.2M10xas long as short
tradeXYZ xyz:SPCX+0.0071%1h152.47−0.034%$130.1M$129.1M20xas long as short
Paradex SPCX-USD-PERP+0.0072%8h152.60+0.049%$1015xas long as short
RISEx SPCX/USDC+0.0072%1h152.63+0.068%$408K$498K20xas long as short
Variational Omni SPCX+0.0079%8h152.62+0.064%$6.0M$2.8Mas long as short
Lighter SPCX+0.0088%1h152.50−0.015%$1.6M$7.4M20xas long as short
Pacifica SPCX+0.0100%1h152.51−0.008%$169K$118K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.47−0.034%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.53+0.005%$58K$272K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.58+0.038%$14K$7K10xas long as short
Binance SPCXUSDT+0.0101%8h152.57+0.031%$250.4M$1.36B75xas long as short
Extended SPCX-USD+0.0104%1h152.56+0.022%$732K$4.5M10xas long as short
Aevo SPCX-PERP+0.0104%1h152.57+0.032%$8810xas long as short
OKX SPCX-USDT-SWAP+0.0113%8h152.58+0.038%$39.6M$166.8M75xas long as short
Coinbase International SPCX-PERP-INTX+0.0192%1h152.62+0.064%$726K$932K10xas long as short
edgeX SPCXUSDC+0.0201%4h152.61+0.058%$1.7M$893K20xas long as short
Phoenix SPCXshort+0.0210%1h152.62+0.064%$444K$266K15x
Nado SPCX-PERP+0.0215%1h152.47−0.033%$613K$801K20xas long as short
Bullet SPCX-USD+0.0250%1h152.59+0.044%$11K$191K10xas long as short
Aster SPCXUSD1+0.0361%8h152.71+0.120%$18.9M$25.9M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h152.89+0.241%$9K$28K5.5xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0537%1h152.55+0.018%$89K$1.3M10xas long as short