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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0188%/8h= −20.6% APRnext payment $0.23 per $10,000 · paid last 24h −0.050%
Price spread now: SoDEX against RISEx−0.065%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$450.455% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.055%−$6 on $10k
Price spread, last 4 days (all we have)−0.015%−$1 · spread now −0.065%, 7d avg −0.064%
Together, before fees−0.070%−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.064%, so right now this pair is about funding alone: −$6 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 -0.055% in total (about -5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.23 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/USDC152.800.0238pay 0.0030% / 1h9m 15s$409K$513K20x
ShortSoDEX SPCX-USD152.700.0050get 0.0006% / 1h9m 15s$1.7M$96K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$39.46
Price spread: −0.065% → −0.064%
−$0.16
Slippage, 4 orders
−$31.47
Fee RISEx: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$85.08
Costs to cover
0.455%
Break-even
never at this rate
Slippage from RISEx: live order book, 39 min ago; SoDEX: 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, 39 min ago1.64 bp4.6 bp −$54.9 bp −$49doesn't fitdoesn't fit
Sell SoDEX live order book, 5 min ago0.33 bp18.1 bp −$1848.8 bp −$488doesn'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%1h152.69−0.069%$90K20xas long as short
BloFin SPCX-USDT−0.0018%8h152.68−0.079%$1.9M$1.2M75xas long as short
Bybit SPCXUSDT0.0000%8h152.74−0.039%$30.7M$42.7M100xas long as short
Gate SPCX_USDT0.0000%8h152.72−0.052%$96.2M$31.9M100xas long as short
Bitget SPCXUSDT0.0000%8h152.79−0.007%$31.2M$65.9M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+12.914%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.800.000%$301K$2.8M20xas long as short
SunX SPCX-USDT0.0000%8h152.87+0.046%$8K$898K10xas long as short
Deribit SPCX_USDC-PERPETUAL0.0000%1h152.70−0.065%$88K$1.3M10xas long as short
HTX SPCX-USDT0.0000%8h152.82+0.013%$1.3M$1.8M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SPCXUSD+0.0017%1h152.60−0.129%$7K$8K10xas long as short
Lighter SPCX+0.0032%1h152.66−0.092%$1.6M$7.4M20xas long as short
Lighter RH SPCX+0.0032%1h152.66−0.092%$2.5M$7.3M20xas long as short
Arcus SPCX-USD+0.0040%1h152.65−0.098%$105K$297K5xas long as short
QFEX SPCX-USD+0.0043%1h152.73−0.046%$1.2M$5.5M10xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.79−0.007%$1.2M10xas long as short
tradeXYZ xyz:SPCX+0.0050%1h152.65−0.098%$130.2M$129.0M20xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.72−0.052%$488K$1.2M10xas long as short
SoDEX SPCX-USDshort+0.0050%1h152.70−0.065%$1.7M$96K20x
Phemex SPCXUSDT+0.0050%8h152.74−0.039%$531K$385K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.60−0.131%$3.2M$2.3M10xas long as short
Paradex SPCX-USD-PERP+0.0057%8h152.79−0.004%$1015xas long as short
Variational Omni SPCX+0.0089%8h152.72−0.053%$6.0M$2.8Mas long as short
Nado SPCX-PERP+0.0098%1h152.74−0.037%$613K$801K20xas long as short
Pacifica SPCX+0.0100%1h152.69−0.072%$169K$118K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.64−0.105%$13.0M$5.4M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.69−0.072%$58K$272K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.76−0.026%$15K$7K10xas long as short
Binance SPCXUSDT+0.0102%8h152.73−0.046%$250.5M$1.36B75xas long as short
Extended SPCX-USD+0.0104%1h152.72−0.052%$731K$4.6M10xas long as short
Aevo SPCX-PERP+0.0104%1h152.76−0.026%$8910xas long as short
OKX SPCX-USDT-SWAP+0.0115%8h152.76−0.026%$39.6M$166.7M75xas long as short
Bullet SPCX-USD+0.0128%1h152.78−0.013%$11K$193K10xas long as short
RISEx SPCX/USDClong+0.0238%1h152.80long leg$409K$513K20x
Coinbase International SPCX-PERP-INTX+0.0248%1h152.70−0.065%$731K$938K10xas long as short
Phoenix SPCX+0.0263%1h152.78−0.013%$444K$266K15xas long as short
Aster SPCXUSD1+0.0359%8h152.74−0.042%$18.9M$24.8M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h152.70−0.065%$9K$28K5.5xas long as short
edgeX SPCXUSDC+0.0483%4h152.72−0.054%$1.7M$891K20xas long as short