Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: KuCoin against SoDEX−0.026%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$630.628% of the position

Long on SoDEX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.006%+$1 on $10k

Price spread, last 4 days (all we have)+0.140%+$14 · spread now −0.026%, 7d avg −0.027%

Together, before fees+0.146%+$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SPCX-USD	152.69	0.0050	pay 0.0006% / 1h	38m 57s	$1.7M	$97K	20x
Short	KuCoin SPCXUSDTM	152.65	0.0100	get 0.0100% / 8h	3h 38m	$13.0M	$5.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against SoDEX. 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 SoDEXbpFee KuCoinbpOrdersPrice spread, now −0.026%Rate

Funding earned: $10.5
Price spread: −0.026% → −0.027%: $0.11
Slippage, 4 orders: −$42.75
Fee SoDEX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$52.14
Costs to cover: 0.628%
Break-even: 41.8 days

Slippage from SoDEX: live order book, 5 min ago; KuCoin: live order book, 5 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 SoDEX live order book, 5 min ago	0.33 bp	18.1 bp −$18	52.0 bp −$520	doesn't fit	doesn't fit
Sell KuCoin live order book, 5 min ago	0.65 bp	16.1 bp −$16	42.1 bp −$421	doesn't fit	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 −0.0214% / S +0.0456%	1h	152.69	−0.003%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.69	0.000%	$96.2M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.71	+0.013%	$31.7M	$65.4M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.993%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.88	+0.124%	$301K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.94	+0.164%	$8K	$929K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.83	+0.092%	$1.3M	$1.7M	75x	as long as short
Bybit SPCXUSDT	+0.0022%	8h	152.72	+0.020%	$30.7M	$42.6M	100x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.64	−0.033%	$2.5M	$7.3M	20x	as long as short
Aftermath Perps SPCXUSD	+0.0033%	1h	152.76	+0.044%	$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
BloFin SPCX-USDT	+0.0038%	8h	152.76	+0.046%	$1.9M	$1.3M	75x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.76	+0.046%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.70	+0.007%	—	$1.2M	10x	as long as short
SoDEX SPCX-USDlong	+0.0050%	1h	152.69	long leg	$1.7M	$97K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.69	0.000%	$532K	$391K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.74	+0.033%	$3.2M	$2.4M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.74	+0.033%	$1.2M	$5.8M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0058%	1h	152.72	+0.020%	$495K	$1.2M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.66	−0.020%	$169K	$121K	10x	as long as short
KuCoin SPCXUSDTMshort	+0.0100%	8h	152.65	−0.026%	$13.0M	$5.5M	20x
ApeX Omni SPCXUSDT	+0.0100%	1h	152.77	+0.052%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.77	+0.052%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.72	+0.019%	$89	—	10x	as long as short
Paradex SPCX-USD-PERP	+0.0106%	8h	152.76	+0.047%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0142%	8h	152.85	+0.104%	$6.0M	$2.9M	—	as long as short
Binance SPCXUSDT	+0.0158%	8h	152.72	+0.018%	$248.3M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0160%	8h	152.71	+0.013%	$39.5M	$165.9M	75x	as long as short
Lighter SPCX	+0.0160%	1h	152.67	−0.013%	$1.6M	$7.3M	20x	as long as short
Extended SPCX-USD	+0.0160%	1h	152.67	−0.012%	$738K	$3.8M	10x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	152.79	+0.069%	$409K	$517K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.90	+0.138%	$741K	$939K	10x	as long as short
Nado SPCX-PERP	+0.0253%	1h	152.63	−0.037%	$615K	$810K	20x	as long as short
Phoenix SPCX	+0.0261%	1h	152.85	+0.105%	$444K	$264K	15x	as long as short
Bullet SPCX-USD	+0.0280%	1h	152.72	+0.020%	$12K	$192K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0284%	1h	152.68	−0.007%	$141.1M	$119.3M	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0405%	1h	152.70	+0.007%	$84K	$1.2M	10x	as long as short
Aster SPCXUSD1	+0.0432%	8h	152.84	+0.096%	$19.0M	$23.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.17	+0.314%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0744%	4h	152.85	+0.104%	$1.7M	$891K	20x	as long as short