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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0059%/8h= +6.4% APRnext payment +$0.59 per $10,000 · paid last 24h −0.031%
Price spread now: BloFin against Bybit+0.052%622s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.267% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.242%−$24 on $10k
Price spread, last 3 days (all we have)−0.034%−$3 · spread now +0.052%, 7d avg +0.015%
Together, before fees−0.275%−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.038% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.242%, so the current rate has only just turned in your favour. The two prices were read 622 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SPCXUSDT152.950.0057pay 0.0057% / 8h6h 38m$30.9M$42.9M100x
ShortBloFin SPCX-USDT153.030.0116get 0.0116% / 8h6h 38m$1.9M$1.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$12.35
Price spread: +0.052% → +0.015%
$3.76
Slippage, 4 orders
−$3.66
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$10.54
Costs to cover
0.267%
Break-even
13.0 days
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 14 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 Bybit live order book, 5 min ago0.33 bp6.9 bp −$711.7 bp −$11752.2 bp −$5,222doesn't fit
Sell BloFin live order book, 14 min ago0.33 bp6.3 bp −$67.4 bp −$748.9 bp −$89215.0 bp −$7,478

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%1h152.93−0.016%$88K20xas long as short
Gate SPCX_USDT0.0000%8h152.92−0.020%$96.2M$31.2M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+12.796%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.90−0.033%$302K$3.1M20xas long as short
SunX SPCX-USDT0.0000%8h153.20+0.163%$8K$949K10xas long as short
HTX SPCX-USDT0.0000%8h152.93−0.013%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0024%1h152.95−0.002%$7K$8K10xas long as short
Lighter SPCX+0.0032%1h152.90−0.033%$1.6M$7.2M20xas long as short
Lighter RH SPCX+0.0032%1h152.88−0.046%$2.5M$7.2M20xas long as short
Injective SPCX/USDC PERP+0.0033%1h153.32+0.242%$9K$27K5.5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus SPCX-USD+0.0040%1h152.92−0.020%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.96+0.007%$1.2M10xas long as short
QFEX SPCX-USD+0.0049%1h152.93−0.013%$1.2M$6.9M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.90−0.033%$500K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.93−0.013%$1.7M$89K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.96+0.007%$534K$406K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.82−0.085%$3.2M$2.6M10xas long as short
Bybit SPCXUSDTlong+0.0057%8h152.95long leg$30.9M$42.9M100x
Deribit SPCX_USDC-PERPETUAL+0.0077%1h152.90−0.033%$72K$1.1M10xas long as short
Paradex SPCX-USD-PERP+0.0080%8h152.95−0.003%$1015xas long as short
Pacifica SPCX+0.0100%1h152.85−0.065%$169K$133K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.88−0.046%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h153.05+0.065%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.950.000%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.95+0.001%$8910xas long as short
BloFin SPCX-USDTshort+0.0116%8h153.03+0.052%$1.9M$1.4M75x
Bullet SPCX-USD+0.0124%1h152.94−0.007%$11K$190K10xas long as short
tradeXYZ xyz:SPCX+0.0141%1h152.92−0.020%$142.3M$119.1M20xas long as short
OKX SPCX-USDT-SWAP+0.0195%8h152.950.000%$39.4M$168.8M75xas long as short
Bitget SPCXUSDT+0.0196%8h152.97+0.013%$31.8M$66.4M75xas long as short
Variational Omni SPCX+0.0211%8h152.99+0.027%$6.0M$3.3Mas long as short
Binance SPCXUSDT+0.0224%8h152.94−0.005%$252.7M$1.37B75xas long as short
Extended SPCX-USD+0.0224%1h152.90−0.030%$736K$3.8M10xas long as short
Nado SPCX-PERP+0.0244%1h152.88−0.048%$620K$841K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0288%1h153.14+0.124%$728K$969K10xas long as short
Phoenix SPCX+0.0314%1h152.98+0.020%$445K$270K15xas long as short
Aster SPCXUSD1+0.0390%8h153.03+0.051%$19.0M$16.6M20xas long as short
RISEx SPCX/USDC+0.0410%1h152.98+0.022%$408K$539K20xas long as short
edgeX SPCXUSDC+0.0591%4h153.01+0.040%$1.7M$892K20xas long as short