Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.005%

Price spread now: Polymarket Perps against OKX−0.052%7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$250.249% of the position

Long on OKX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.072%+$7 on $10k

Price spread, last 7 days−0.042%−$4 · spread now −0.052%, 7d avg −0.068%

Together, before fees+0.031%+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.068%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.072%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SPCX-USDT-SWAP	152.50	0.0147	pay 0.0147% / 8h	3h 17m	$39.4M	$166.4M	75x
Short	Polymarket Perps SPCX-USD	152.42	0.0050	get 0.0006% / 1h	17m 07s	$493K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against OKX. 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 OKXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$20.34
Price spread: −0.052% → −0.068%: $1.53
Slippage, 4 orders: −$6.85
Fee OKX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$43.66
Costs to cover: 0.249%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Polymarket Perps: live order book, 1 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 OKX live order book, 2 min ago	0.33 bp	5.3 bp −$5	6.8 bp −$68	12.7 bp −$1,270	doesn't fit
Sell Polymarket Perps live order book, 1 min ago	2.62 bp	6.6 bp −$7	7.4 bp −$74	10.3 bp −$1,035	doesn't fit

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 −0.0265% / S +0.0494%	1h	152.35	−0.095%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.47	−0.020%	$96.3M	$31.6M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.52	+0.013%	$31.3M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.133%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.43	−0.046%	$300K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.62	+0.079%	$8K	$919K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.48	−0.013%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0017%	8h	152.51	+0.007%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0024%	8h	152.49	−0.007%	$1.9M	$1.3M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0030%	1h	152.37	−0.087%	$7K	$8K	10x	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	152.39	−0.072%	$2.5M	$7.4M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.35	−0.098%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.44	−0.039%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USDshort	+0.0050%	1h	152.42	−0.052%	$493K	$1.2M	10x
SoDEX SPCX-USD	+0.0050%	1h	152.45	−0.033%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.48	−0.013%	$531K	$392K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.22	−0.184%	$3.2M	$2.4M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.46	−0.026%	$1.2M	$5.7M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0057%	8h	152.49	−0.005%	$101	—	5x	as long as short
Lighter SPCX	+0.0088%	1h	152.43	−0.046%	$1.6M	$7.4M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.35	−0.098%	$169K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.33	−0.111%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.30	−0.131%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.49	−0.007%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.47	−0.021%	$88	—	10x	as long as short
tradeXYZ xyz:SPCX	+0.0121%	1h	152.36	−0.092%	$131.4M	$128.2M	20x	as long as short
Variational Omni SPCX	+0.0131%	8h	152.45	−0.034%	$6.0M	$2.9M	—	as long as short
Binance SPCXUSDT	+0.0144%	8h	152.49	−0.007%	$250.6M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.46	−0.028%	$737K	$4.3M	10x	as long as short
OKX SPCX-USDT-SWAPlong	+0.0147%	8h	152.50	long leg	$39.4M	$166.4M	75x
Nado SPCX-PERP	+0.0207%	1h	152.34	−0.104%	$613K	$802K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0209%	1h	152.46	−0.026%	$86K	$1.2M	10x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	152.50	+0.003%	$408K	$517K	20x	as long as short
Bullet SPCX-USD	+0.0217%	1h	152.49	−0.006%	$11K	$192K	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.039%	$739K	$931K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	152.37	−0.085%	$443K	$264K	15x	as long as short
Aster SPCXUSD1	+0.0433%	8h	152.57	+0.046%	$18.9M	$24.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.19	+0.452%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0459%	4h	152.44	−0.038%	$1.7M	$892K	20x	as long as short