Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0038%/8hnext payment −$0.38 per $10,000 · paid last 24h −0.018%

Price spread now: Binance against KuCoin+0.046%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$370.367% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 1 day (all we have)+0.035%+$4 · spread now +0.046%, 7d avg +0.059%

Together, before fees+0.077%+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.059%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin SPCXUSDTM	152.66	0.0100	pay 0.0100% / 8h	4h 22m	$13.1M	$4.8M	20x
Short	Binance SPCXUSDT	152.73	0.0062	get 0.0062% / 8h	4h 22m	$255.4M	$1.32B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now +0.046%Rate

Funding earned: −$7.94
Price spread: +0.046% → +0.059%: −$1.31
Slippage, 4 orders: −$14.72
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$45.97
Costs to cover: 0.367%
Break-even: never at this rate

Slippage from KuCoin: live order book, 10 min ago; Binance: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy KuCoin live order book, 10 min ago	0.66 bp	11.9 bp −$12	35.2 bp −$352	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.33 bp	5.6 bp −$6	5.9 bp −$59	9.2 bp −$917	18.2 bp −$9,088

SPCX on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX SPCX/USD [ETH-USDC]	L −0.0207% / S +0.0415%	1h	152.57	−0.059%	$88K	—	20x	as long as short
BloFin SPCX-USDT	−0.0058%	8h	152.67	+0.007%	$1.9M	$1.3M	75x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.69	+0.020%	$96.7M	$29.8M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.50	+12.994%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.60	−0.039%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.83	+0.111%	$8K	$996K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.55	−0.072%	$1.3M	$1.5M	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0014%	8h	152.74	+0.052%	$39.2M	$161.2M	75x	as long as short
Variational Omni SPCX	+0.0028%	8h	152.52	−0.089%	$6.1M	$4.3M	—	as long as short
Lighter SPCX	+0.0032%	1h	152.68	+0.013%	$1.6M	$7.0M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.68	+0.013%	$2.4M	$7.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.007%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.75	+0.059%	—	$941K	10x	as long as short
Aster SPCXUSD1	+0.0048%	8h	152.79	+0.085%	$17.9M	$19.5M	20x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.68	+0.013%	$131.1M	$98.6M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.68	+0.013%	$491K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.62	−0.026%	$1.7M	$80K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.67	+0.007%	$535K	$383K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.63	−0.020%	$3.1M	$2.5M	10x	as long as short
Bybit SPCXUSDT	+0.0053%	8h	152.73	+0.046%	$30.6M	$40.1M	100x	as long as short
QFEX SPCX-USD	+0.0060%	1h	152.71	+0.033%	$1.2M	$7.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0060%	8h	152.78	+0.079%	$101	—	5x	as long as short
Binance SPCXUSDTshort	+0.0062%	8h	152.73	+0.046%	$255.4M	$1.32B	75x
Extended SPCX-USD	+0.0064%	1h	152.74	+0.054%	$715K	$3.5M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.69	+0.020%	$176K	$135K	10x	as long as short
KuCoin SPCXUSDTMlong	+0.0100%	8h	152.66	long leg	$13.1M	$4.8M	20x
ApeX Omni SPCXUSDT	+0.0100%	1h	152.53	−0.085%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.71	+0.033%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.68	+0.016%	$89	—	10x	as long as short
Aftermath Perps SPCXUSD	+0.0117%	1h	152.50	−0.107%	$7K	$10K	10x	as long as short
Bullet SPCX-USD	+0.0162%	1h	152.66	0.000%	$11K	$190K	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0176%	1h	152.69	+0.020%	$711K	$889K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0209%	1h	152.70	+0.026%	$70K	$987K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.54	−0.079%	$370K	$186K	15x	as long as short
Arcus SPCX-USD	+0.0250%	1h	152.69	+0.020%	$106K	$296K	5x	as long as short
Nado SPCX-PERP	+0.0256%	1h	152.47	−0.125%	$673K	$832K	20x	as long as short
Bitget SPCXUSDT	+0.0257%	8h	152.74	+0.052%	$29.3M	$63.3M	75x	as long as short
RISEx SPCX/USDC	+0.0357%	1h	152.78	+0.079%	$322K	$480K	20x	as long as short
edgeX SPCXUSDC	+0.0530%	4h	152.58	−0.054%	$1.7M	$893K	20x	as long as short