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+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against Gate−0.059%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$500.499% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.007%−$1 on $10k
Price spread, last 7 days+0.016%+$2 · spread now −0.059%, 7d avg −0.019%
Together, before fees+0.009%+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.040% cheaper against Gate than usual: you would sell low and buy high (spread −0.059% now, against its 7-day average of −0.019%). If the spread goes back, that is −$4 on $10k: about 32 hours of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SPCX_USDT152.510get 0.0000% / 8h2h 24m$96.1M$31.7M100x
ShortKuCoin SPCXUSDTM152.420.0100get 0.0100% / 8h2h 24m$13.0M$5.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
$21
Price spread: −0.059% → −0.019%
−$4.01
Slippage, 4 orders
−$22.93
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$32.94
Costs to cover
0.499%
Break-even
18.0 days
Slippage from Gate: live order book, 4 min ago; KuCoin: live order book, 4 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 Gate live order book, 4 min ago0.66 bp13.0 bp −$1318.3 bp −$18352.0 bp −$5,20190.0 bp −$45.0K
Sell KuCoin live order book, 4 min ago0.98 bp16.2 bp −$1645.1 bp −$451doesn'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 −0.0187% / S +0.0435%1h152.44−0.049%$90K20xas long as short
BloFin SPCX-USDT−0.0006%8h152.53+0.013%$1.9M$1.2M75xas long as short
Bybit SPCXUSDT0.0000%8h152.54+0.020%$30.6M$42.7M100xas long as short
Gate SPCX_USDTlong0.0000%8h152.51long leg$96.1M$31.7M100x
Bitget SPCXUSDT0.0000%8h152.56+0.033%$31.3M$65.8M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+13.125%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.510.000%$300K$2.8M20xas long as short
SunX SPCX-USDT0.0000%8h152.66+0.098%$8K$909K10xas long as short
HTX SPCX-USDT0.0000%8h152.57+0.039%$1.3M$1.8M75xas long as short
Aftermath Perps SPCXUSD+0.0022%1h152.42−0.057%$7K$8K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SPCX+0.0032%1h152.44−0.046%$1.6M$7.4M20xas long as short
Lighter RH SPCX+0.0032%1h152.41−0.066%$2.5M$7.3M20xas long as short
Arcus SPCX-USD+0.0040%1h152.41−0.066%$105K$297K5xas long as short
QFEX SPCX-USD+0.0043%1h152.50−0.007%$1.2M$5.5M10xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.50−0.007%$1.2M10xas long as short
tradeXYZ xyz:SPCX+0.0050%1h152.40−0.072%$130.9M$128.7M20xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.47−0.026%$487K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.510.000%$1.7M$98K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.55+0.026%$531K$387K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.39−0.079%$3.2M$2.3M10xas long as short
Paradex SPCX-USD-PERP+0.0059%8h152.52+0.010%$1015xas long as short
Pacifica SPCX+0.0100%1h152.41−0.066%$169K$118K10xas long as short
KuCoin SPCXUSDTMshort+0.0100%8h152.42−0.059%$13.0M$5.4M20x
ApeX Omni SPCXUSDT+0.0100%1h152.49−0.013%$58K$272K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.49−0.013%$14K$7K10xas long as short
edgeX SPCXUSDC+0.0100%4h152.46−0.035%$1.7M$891K20xas long as short
Aevo SPCX-PERP+0.0104%1h152.50−0.008%$8810xas long as short
Variational Omni SPCX+0.0105%8h152.48−0.020%$6.0M$2.8Mas long as short
Extended SPCX-USD+0.0112%1h152.50−0.004%$731K$4.6M10xas long as short
Nado SPCX-PERP+0.0114%1h152.41−0.064%$613K$803K20xas long as short
Binance SPCXUSDT+0.0114%8h152.55+0.026%$250.7M$1.36B75xas long as short
OKX SPCX-USDT-SWAP+0.0120%8h152.54+0.020%$39.4M$166.3M75xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0144%1h152.47−0.026%$87K$1.3M10xas long as short
Bullet SPCX-USD+0.0145%1h152.54+0.020%$11K$193K10xas long as short
RISEx SPCX/USDC+0.0238%1h152.56+0.033%$408K$513K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0248%1h152.44−0.046%$739K$923K10xas long as short
Phoenix SPCX+0.0263%1h152.50−0.007%$443K$266K15xas long as short
Aster SPCXUSD1+0.0372%8h152.59+0.055%$18.9M$24.7M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h152.70+0.125%$9K$28K5.5xas long as short