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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0289%/8h= −31.7% APRnext payment $0.36 per $10,000 · paid last 24h −0.031%
Price spread now: Polymarket Perps against RISEx−0.063%7-day average −0.081% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$220.225% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.035%−$3 on $10k
Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.063%, 7d avg −0.081%
Together, before fees−0.028%−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.081%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.035% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongRISEx SPCX/USDC152.940.0339pay 0.0042% / 1h13m 31s$403K$539K20x
ShortPolymarket Perps SPCX-USD152.840.0050get 0.0006% / 1h13m 31s$489K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against RISEx. 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
−$60.78
Price spread: −0.063% → −0.081%
$1.8
Slippage, 4 orders
−$8.49
Fee RISEx: 3 bp × 2 orders
−$6
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$81.47
Costs to cover
0.225%
Break-even
never at this rate
Slippage from RISEx: live order book, 65 min ago; Polymarket Perps: live order book, 5 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 RISEx live order book, 65 min ago0.98 bp4.0 bp −$45.0 bp −$50doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 5 min ago2.29 bp6.3 bp −$67.7 bp −$779.9 bp −$988doesn'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 −0.0280% / S +0.0494%1h152.82−0.073%$88K20xas long as short
Gate SPCX_USDT0.0000%8h152.86−0.050%$96.6M$31.5M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.51+12.802%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.81−0.083%$302K$3.1M20xas long as short
SunX SPCX-USDT0.0000%8h153.07+0.087%$8K$972K10xas long as short
HTX SPCX-USDT0.0000%8h152.87−0.043%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0030%1h152.83−0.069%$7K$10K10xas long as short
Lighter RH SPCX+0.0032%1h152.79−0.096%$2.5M$7.6M20xas long as short
Injective SPCX/USDC PERP+0.0033%1h157.25+2.821%$9K$27K5.5xas long as short
Arcus SPCX-USD+0.0040%1h152.81−0.083%$105K$297K5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SPCX-USD-PERP+0.0046%1h152.83−0.070%$1.2M10xas long as short
Polymarket Perps SPCX-USDshort+0.0050%1h152.84−0.063%$489K$1.1M10x
SoDEX SPCX-USD+0.0050%1h152.87−0.043%$1.7M$79K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.79−0.096%$534K$411K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.75−0.122%$3.2M$2.8M10xas long as short
QFEX SPCX-USD+0.0052%1h152.86−0.050%$1.2M$7.7M10xas long as short
BloFin SPCX-USDT+0.0079%8h152.88−0.037%$1.9M$1.4M75xas long as short
Paradex SPCX-USD-PERP+0.0096%8h152.89−0.033%$1015xas long as short
Pacifica SPCX+0.0100%1h152.76−0.115%$173K$130K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.76−0.115%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.88−0.037%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.86−0.050%$15K$7K10xas long as short
Lighter SPCX+0.0104%1h152.84−0.063%$1.6M$7.5M20xas long as short
Aevo SPCX-PERP+0.0104%1h152.89−0.032%$8910xas long as short
Bybit SPCXUSDT+0.0153%8h152.90−0.024%$30.7M$42.8M100xas long as short
Bullet SPCX-USD+0.0156%1h152.88−0.037%$12K$188K10xas long as short
Variational Omni SPCX+0.0178%8h152.85−0.055%$6.0M$3.4Mas long as short
OKX SPCX-USDT-SWAP+0.0196%8h152.88−0.037%$38.9M$169.5M75xas long as short
Extended SPCX-USD+0.0200%1h152.86−0.051%$734K$3.6M10xas long as short
Binance SPCXUSDT+0.0201%8h152.89−0.030%$252.7M$1.39B75xas long as short
tradeXYZ xyz:SPCX+0.0250%1h152.82−0.076%$143.4M$119.5M20xas long as short
Phoenix SPCX+0.0261%1h152.86−0.050%$445K$269K15xas long as short
Coinbase International SPCX-PERP-INTX+0.0280%1h152.97+0.022%$733K$970K10xas long as short
Nado SPCX-PERP+0.0296%1h152.75−0.120%$601K$885K20xas long as short
Aster SPCXUSD1+0.0301%8h152.95+0.010%$19.0M$21.3M20xas long as short
Bitget SPCXUSDT+0.0312%8h152.89−0.030%$31.2M$67.1M75xas long as short
RISEx SPCX/USDClong+0.0339%1h152.94long leg$403K$539K20x
Deribit SPCX_USDC-PERPETUAL+0.0470%1h152.85−0.056%$71K$1.0M10xas long as short
edgeX SPCXUSDC+0.0534%4h152.85−0.055%$1.7M$894K20xas long as short