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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: SoDEX against ApeX Omni−0.046%74s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$630.635% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.050%−$5 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now −0.046%, 7d avg −0.018%
Together, before fees−0.111%−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SoDEX is 0.028% cheaper against ApeX Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.018%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SPCXUSDT152.920.0100pay 0.0013% / 1h41m 32s$58K$271K50x
ShortSoDEX SPCX-USD152.850.0050get 0.0006% / 1h41m 32s$1.7M$97K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$10.5
Price spread: −0.046% → −0.018%
−$2.78
Slippage, 4 orders
−$45.49
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$76.77
Costs to cover
0.635%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 11 min ago; SoDEX: live order book, 2 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, 11 min ago7.52 bp12.5 bp −$1339.3 bp −$393doesn't fitdoesn't fit
Sell SoDEX live order book, 2 min ago0.33 bp18.1 bp −$1848.1 bp −$481doesn'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 −0.0214% / S +0.0456%1h152.84−0.049%$90K20xas long as short
Gate SPCX_USDT0.0000%8h152.84−0.052%$96.3M$31.2M100xas long as short
Bitget SPCXUSDT0.0000%8h152.91−0.007%$31.8M$65.3M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+12.823%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.920.000%$301K$2.9M20xas long as short
SunX SPCX-USDT0.0000%8h153.12+0.131%$8K$930K10xas long as short
HTX SPCX-USDT0.0000%8h152.93+0.007%$1.3M$1.7M75xas long as short
Bybit SPCXUSDT+0.0018%8h152.87−0.033%$30.7M$42.6M100xas long as short
Lighter RH SPCX+0.0032%1h152.76−0.105%$2.5M$7.3M20xas long as short
Aftermath Perps SPCXUSD+0.0032%1h152.86−0.038%$7K$8K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SPCX-USDT+0.0035%8h152.91−0.007%$1.9M$1.3M75xas long as short
Arcus SPCX-USD+0.0040%1h152.81−0.072%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.81−0.072%$1.2M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.83−0.059%$499K$1.2M10xas long as short
SoDEX SPCX-USDshort+0.0050%1h152.85−0.046%$1.7M$97K20x
Phemex SPCXUSDT+0.0050%8h152.88−0.026%$533K$391K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.71−0.137%$3.2M$2.4M10xas long as short
QFEX SPCX-USD+0.0050%1h152.83−0.059%$1.2M$5.8M10xas long as short
Pacifica SPCX+0.0100%1h152.77−0.098%$169K$121K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.77−0.098%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDTlong+0.0100%1h152.92long leg$58K$271K50x
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.85−0.046%$15K$7K10xas long as short
Paradex SPCX-USD-PERP+0.0104%8h152.87−0.030%$1015xas long as short
Aevo SPCX-PERP+0.0104%1h152.85−0.045%$8910xas long as short
Variational Omni SPCX+0.0141%8h152.91−0.008%$6.0M$2.9Mas long as short
Lighter SPCX+0.0152%1h152.81−0.072%$1.6M$7.3M20xas long as short
Extended SPCX-USD+0.0152%1h152.82−0.064%$738K$3.8M10xas long as short
Binance SPCXUSDT+0.0157%8h152.87−0.034%$248.5M$1.36B75xas long as short
OKX SPCX-USDT-SWAP+0.0158%8h152.88−0.026%$39.6M$166.0M75xas long as short
RISEx SPCX/USDC+0.0217%1h152.87−0.034%$409K$517K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0248%1h152.90−0.013%$741K$939K10xas long as short
Nado SPCX-PERP+0.0249%1h152.73−0.122%$615K$810K20xas long as short
Phoenix SPCX+0.0261%1h152.93+0.007%$445K$264K15xas long as short
Bullet SPCX-USD+0.0279%1h152.90−0.016%$12K$192K10xas long as short
tradeXYZ xyz:SPCX+0.0282%1h152.81−0.072%$141.2M$119.2M20xas long as short
Aster SPCXUSD1+0.0431%8h152.95+0.018%$19.0M$23.2M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h153.24+0.209%$9K$28K5.5xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0601%1h152.84−0.052%$85K$1.2M10xas long as short
edgeX SPCXUSDC+0.0694%4h152.87−0.033%$1.7M$891K20xas long as short