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+0.0039%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h −0.037%
Price spread now: Ondo Perps against Deribit−0.078%7-day average −0.047% · you buy dearer than you sell
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 5 days (all we have)−0.026%−$3 on $10k
Price spread, last 3 days (all we have)+0.039%+$4 · spread now −0.078%, 7d avg −0.047%
Together, before fees+0.013%+ Points / potential airdropOndo Perps: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.032% cheaper against Deribit than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of −0.047%). If the spread goes back, that is −$3 on $10k: about 2.7 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SPCX_USDC-PERPETUAL152.940.0012pay 0.0001% / 1h38m 00s$72K$1.1M10x
ShortOndo Perps SPCX-USD.P152.820.0050get 0.0006% / 1h38m 00s$3.2M$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Deribit. 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
$8.14
Price spread: −0.078% → −0.047%
−$3.15
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$7.01
Costs to cover
0.120%
Break-even
13.0 days
Slippage unknown: Deribit: live order book, 1 min ago; Ondo Perps: no order-book sample. 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 Deribit live order book, 1 min ago5.56 bp9.7 bp −$1011.4 bp −$114doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo 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 −0.0345% / S +0.0540%1h152.93−0.010%$88K20xas long as short
Gate SPCX_USDT0.0000%8h152.93−0.007%$96.2M$31.2M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+12.803%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.90−0.026%$302K$3.1M20xas long as short
SunX SPCX-USDT0.0000%8h153.20+0.170%$8K$948K10xas long as short
HTX SPCX-USDT0.0000%8h152.93−0.007%$1.3M$1.7M75xas long as short
Deribit SPCX_USDC-PERPETUALlong+0.0012%1h152.94long leg$72K$1.1M10x
Aftermath Perps SPCXUSD+0.0025%1h152.95+0.005%$7K$8K10xas long as short
Lighter SPCX+0.0032%1h152.92−0.013%$1.6M$7.2M20xas long as short
Lighter RH SPCX+0.0032%1h152.89−0.033%$2.5M$7.2M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SPCX/USDC PERP+0.0033%1h153.32+0.248%$9K$27K5.5xas long as short
Arcus SPCX-USD+0.0040%1h152.91−0.020%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.97+0.020%$1.2M10xas long as short
QFEX SPCX-USD+0.0049%1h152.95+0.007%$1.2M$6.8M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.92−0.013%$500K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.93−0.007%$1.7M$89K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.96+0.013%$534K$406K50xas long as short
Ondo Perps SPCX-USD.Pshort+0.0050%1h152.82−0.078%$3.2M$2.6M10x
Bybit SPCXUSDT+0.0054%8h152.96+0.013%$30.9M$42.9M100xas long as short
Paradex SPCX-USD-PERP+0.0079%8h152.96+0.015%$1015xas long as short
Pacifica SPCX+0.0100%1h152.85−0.059%$169K$133K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.89−0.033%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h153.05+0.072%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.99+0.033%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.95+0.008%$8910xas long as short
BloFin SPCX-USDT+0.0116%8h153.03+0.059%$1.9M$1.4M75xas long as short
Bullet SPCX-USD+0.0123%1h152.940.000%$11K$190K10xas long as short
tradeXYZ xyz:SPCX+0.0138%1h152.93−0.007%$142.3M$119.1M20xas long as short
Bitget SPCXUSDT+0.0190%8h152.98+0.026%$31.8M$66.4M75xas long as short
OKX SPCX-USDT-SWAP+0.0193%8h152.97+0.020%$39.4M$168.9M75xas long as short
Variational Omni SPCX+0.0211%8h152.99+0.034%$6.0M$3.3Mas long as short
Binance SPCXUSDT+0.0222%8h152.98+0.025%$252.8M$1.37B75xas long as short
Extended SPCX-USD+0.0224%1h152.92−0.010%$736K$3.8M10xas long as short
Nado SPCX-PERP+0.0243%1h152.89−0.035%$620K$841K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0288%1h153.14+0.131%$728K$969K10xas long as short
Phoenix SPCX+0.0314%1h152.98+0.026%$445K$270K15xas long as short
Aster SPCXUSD1+0.0390%8h153.05+0.072%$19.0M$16.6M20xas long as short
RISEx SPCX/USDC+0.0410%1h153.00+0.039%$408K$539K20xas long as short
edgeX SPCXUSDC+0.0591%4h153.01+0.047%$1.7M$892K20xas long as short