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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.026%
Price spread now: Coinbase International against ApeX Omni+0.092%75s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.434% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.097%+$10 on $10k
Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.092%, 7d avg −0.001%
Together, before fees−0.069%−$7 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 Coinbase International is 0.093% dearer against ApeX Omni than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.001%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SPCXUSDT152.300.0100pay 0.0013% / 1h16m 09s$58K$271K50x
ShortCoinbase International SPCX-PERP-INTX152.440.0248get 0.0031% / 1h16m 09s$739K$931K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. 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
$31.08
Price spread: +0.092% → −0.001%
$9.26
Slippage, 4 orders
−$23.45
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$3.1
Costs to cover
0.434%
Break-even
7.7 days
Slippage from ApeX Omni: live order book, 36 min ago; Coinbase International: live order book, 37 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 ApeX Omni live order book, 36 min ago7.52 bp12.5 bp −$1339.3 bp −$393doesn't fitdoesn't fit
Sell Coinbase International live order book, 37 min ago2.94 bp7.9 bp −$88.5 bp −$85doesn't fitdoesn'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 −0.0265% / S +0.0494%1h152.38+0.056%$90K20xas long as short
Gate SPCX_USDT0.0000%8h152.49+0.125%$96.3M$31.6M100xas long as short
Bitget SPCXUSDT0.0000%8h152.54+0.158%$31.3M$65.9M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+13.281%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.53+0.151%$300K$2.9M20xas long as short
SunX SPCX-USDT0.0000%8h152.71+0.269%$8K$920K10xas long as short
HTX SPCX-USDT0.0000%8h152.54+0.158%$1.3M$1.8M75xas long as short
Bybit SPCXUSDT+0.0017%8h152.51+0.138%$30.6M$42.7M100xas long as short
BloFin SPCX-USDT+0.0024%8h152.49+0.125%$1.9M$1.3M75xas long as short
Aftermath Perps SPCXUSD+0.0030%1h152.36+0.037%$7K$8K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SPCX+0.0032%1h152.41+0.072%$2.5M$7.4M20xas long as short
Arcus SPCX-USD+0.0040%1h152.37+0.046%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.49+0.125%$1.2M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.44+0.092%$493K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.46+0.105%$1.7M$99K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.48+0.118%$531K$392K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.22−0.053%$3.2M$2.4M10xas long as short
QFEX SPCX-USD+0.0050%1h152.48+0.118%$1.2M$5.7M10xas long as short
Paradex SPCX-USD-PERP+0.0057%8h152.52+0.146%$1015xas long as short
Lighter SPCX+0.0088%1h152.44+0.092%$1.6M$7.4M20xas long as short
Pacifica SPCX+0.0100%1h152.40+0.066%$169K$120K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.34+0.026%$13.0M$5.4M20xas long as short
ApeX Omni SPCXUSDTlong+0.0100%1h152.30long leg$58K$271K50x
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.51+0.138%$14K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.49+0.122%$8810xas long as short
tradeXYZ xyz:SPCX+0.0116%1h152.39+0.059%$131.3M$128.3M20xas long as short
Variational Omni SPCX+0.0131%8h152.45+0.097%$6.0M$2.9Mas long as short
Binance SPCXUSDT+0.0143%8h152.50+0.131%$250.6M$1.36B75xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0144%1h152.46+0.105%$86K$1.2M10xas long as short
Extended SPCX-USD+0.0144%1h152.46+0.103%$731K$4.5M10xas long as short
OKX SPCX-USDT-SWAP+0.0147%8h152.52+0.144%$39.4M$166.4M75xas long as short
Nado SPCX-PERP+0.0206%1h152.40+0.067%$613K$802K20xas long as short
Bullet SPCX-USD+0.0215%1h152.50+0.132%$11K$192K10xas long as short
RISEx SPCX/USDC+0.0217%1h152.53+0.148%$408K$517K20xas long as short
Coinbase International SPCX-PERP-INTXshort+0.0248%1h152.44+0.092%$739K$931K10x
Phoenix SPCX+0.0261%1h152.37+0.046%$443K$264K15xas long as short
Aster SPCXUSD1+0.0418%8h152.57+0.178%$18.9M$24.0M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h153.19+0.584%$9K$28K5.5xas long as short
edgeX SPCXUSDC+0.0459%4h152.44+0.093%$1.7M$892K20xas long as short