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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0023%/8h= −2.5% APRnext payment $0.03 per $10,000 · paid last 24h +0.022%
Price spread now: Deribit against ApeX Omni−0.098%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$500.496% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.029%−$3 on $10k
Price spread, last 3 days (all we have)+0.082%+$8 · spread now −0.098%, 7d avg −0.005%
Together, before fees+0.052%+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.093% cheaper against ApeX Omni than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SPCXUSDT153.050.0100pay 0.0013% / 1h38m 23s$58K$271K50x
ShortDeribit SPCX_USDC-PERPETUAL152.900.0077get 0.0010% / 1h38m 23s$72K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
−$4.8
Price spread: −0.098% → −0.005%
−$9.33
Slippage, 4 orders
−$32.57
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$63.7
Costs to cover
0.496%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 29 min ago; Deribit: 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 ApeX Omni live order book, 29 min ago10.12 bp15.1 bp −$1537.9 bp −$379doesn't fitdoesn't fit
Sell Deribit live order book, 1 min ago5.56 bp9.7 bp −$1011.0 bp −$110doesn'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 −0.0345% / S +0.0540%1h152.93−0.082%$88K20xas long as short
Gate SPCX_USDT0.0000%8h152.92−0.085%$96.2M$31.2M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+12.722%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.90−0.098%$302K$3.1M20xas long as short
SunX SPCX-USDT0.0000%8h153.20+0.098%$8K$949K10xas long as short
HTX SPCX-USDT0.0000%8h152.93−0.078%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0025%1h152.95−0.067%$7K$8K10xas long as short
Lighter SPCX+0.0032%1h152.90−0.098%$1.6M$7.2M20xas long as short
Lighter RH SPCX+0.0032%1h152.88−0.111%$2.5M$7.2M20xas long as short
Injective SPCX/USDC PERP+0.0033%1h153.32+0.176%$9K$27K5.5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus SPCX-USD+0.0040%1h152.91−0.091%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.97−0.052%$1.2M10xas long as short
QFEX SPCX-USD+0.0049%1h152.95−0.065%$1.2M$6.8M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.92−0.085%$500K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.93−0.078%$1.7M$89K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.96−0.059%$534K$406K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.82−0.150%$3.2M$2.6M10xas long as short
Bybit SPCXUSDT+0.0054%8h152.95−0.065%$30.9M$42.9M100xas long as short
Deribit SPCX_USDC-PERPETUALshort+0.0077%1h152.90−0.098%$72K$1.1M10x
Paradex SPCX-USD-PERP+0.0079%8h152.96−0.057%$1015xas long as short
Pacifica SPCX+0.0100%1h152.85−0.131%$169K$133K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.89−0.105%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDTlong+0.0100%1h153.05long leg$58K$271K50x
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.95−0.065%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.95−0.065%$8910xas long as short
BloFin SPCX-USDT+0.0116%8h153.03−0.013%$1.9M$1.4M75xas long as short
Bullet SPCX-USD+0.0123%1h152.94−0.072%$11K$190K10xas long as short
tradeXYZ xyz:SPCX+0.0140%1h152.93−0.078%$142.3M$119.1M20xas long as short
Bitget SPCXUSDT+0.0190%8h152.97−0.052%$31.8M$66.4M75xas long as short
OKX SPCX-USDT-SWAP+0.0195%8h152.95−0.065%$39.4M$168.8M75xas long as short
Variational Omni SPCX+0.0211%8h152.99−0.038%$6.0M$3.3Mas long as short
Binance SPCXUSDT+0.0222%8h152.95−0.065%$252.7M$1.37B75xas long as short
Extended SPCX-USD+0.0224%1h152.91−0.088%$736K$3.8M10xas long as short
Nado SPCX-PERP+0.0243%1h152.89−0.107%$620K$841K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0288%1h153.14+0.059%$728K$969K10xas long as short
Phoenix SPCX+0.0314%1h152.98−0.046%$445K$270K15xas long as short
Aster SPCXUSD1+0.0390%8h153.04−0.008%$19.0M$16.6M20xas long as short
RISEx SPCX/USDC+0.0410%1h153.00−0.033%$408K$539K20xas long as short
edgeX SPCXUSDC+0.0591%4h153.01−0.025%$1.7M$892K20xas long as short