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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0410%/8h= +44.8% APRpaid last 24h +0.055%
Price spread now: RISEx against SunX−0.117%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$670.673% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.097%+$10 on $10k
Price spread, last 3 days (all we have)+0.071%+$7 · spread now −0.117%, 7d avg −0.007%
Together, before fees+0.168%+$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.110% cheaper against SunX than usual: you would sell low and buy high (spread −0.117% now, against its 7-day average of −0.007%). If the spread goes back, that is −$11 on $10k: about 22 hours of funding at the current rate (+$12 a day). At the pace of the last 3 days (+0.097% in total) that is about 4.0 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.097% in total (about 10.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SPCX-USDT153.200get 0.0000% / 8h6h 36m$8K$948K10x
ShortRISEx SPCX/USDC153.020.0410get 0.0051% / 1h36m 08s$408K$539K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

RISEx against SunX. 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
$86
Price spread: −0.117% → −0.007%
−$11.04
Slippage, 4 orders
−$53.27
Fee SunX: 4 bp × 2 orders
−$8
Fee RISEx: 3 bp × 2 orders
−$6
Net
$7.7
Costs to cover
0.673%
Break-even
6.4 days
Slippage from SunX: live order book, 6 min ago; RISEx: live order book, 32 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 SunX live order book, 6 min ago21.88 bp25.9 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell RISEx live order book, 32 min ago0.65 bp3.7 bp −$45.4 bp −$54doesn'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 −0.0347% / S +0.0541%1h152.99−0.140%$88K20xas long as short
Gate SPCX_USDT0.0000%8h152.99−0.137%$96.1M$31.2M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+12.612%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.88−0.209%$302K$3.1M20xas long as short
SunX SPCX-USDTlong0.0000%8h153.20long leg$8K$948K10x
HTX SPCX-USDT0.0000%8h153.01−0.124%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0025%1h152.95−0.165%$7K$8K10xas long as short
Lighter SPCX+0.0032%1h152.93−0.176%$1.6M$7.2M20xas long as short
Lighter RH SPCX+0.0032%1h152.92−0.183%$2.5M$7.2M20xas long as short
Injective SPCX/USDC PERP+0.0033%1h153.32+0.078%$9K$27K5.5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus SPCX-USD+0.0040%1h152.91−0.189%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.99−0.137%$1.2M10xas long as short
QFEX SPCX-USD+0.0049%1h152.97−0.150%$1.2M$6.8M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.95−0.163%$501K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.99−0.137%$1.7M$89K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.00−0.131%$534K$406K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.80−0.261%$3.2M$2.6M10xas long as short
Bybit SPCXUSDT+0.0056%8h153.02−0.117%$30.9M$42.9M100xas long as short
Paradex SPCX-USD-PERP+0.0078%8h152.99−0.138%$1015xas long as short
Pacifica SPCX+0.0100%1h152.91−0.189%$169K$133K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.90−0.196%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.85−0.228%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.00−0.131%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.99−0.138%$8910xas long as short
BloFin SPCX-USDT+0.0116%8h153.03−0.111%$1.9M$1.4M75xas long as short
Bullet SPCX-USD+0.0123%1h153.01−0.124%$11K$190K10xas long as short
tradeXYZ xyz:SPCX+0.0141%1h152.97−0.150%$142.3M$119.1M20xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0142%1h152.95−0.163%$72K$1.1M10xas long as short
Bitget SPCXUSDT+0.0183%8h153.05−0.098%$31.8M$66.3M75xas long as short
OKX SPCX-USDT-SWAP+0.0192%8h153.02−0.117%$39.4M$168.9M75xas long as short
Variational Omni SPCX+0.0205%8h153.00−0.130%$6.0M$3.3Mas long as short
Binance SPCXUSDT+0.0220%8h153.02−0.115%$252.8M$1.37B75xas long as short
Extended SPCX-USD+0.0224%1h152.98−0.146%$736K$3.8M10xas long as short
Nado SPCX-PERP+0.0240%1h152.91−0.190%$620K$840K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0288%1h153.14−0.039%$728K$969K10xas long as short
Phoenix SPCX+0.0314%1h152.98−0.144%$445K$270K15xas long as short
Aster SPCXUSD1+0.0389%8h153.09−0.073%$19.0M$16.3M20xas long as short
RISEx SPCX/USDCshort+0.0410%1h153.02−0.117%$408K$539K20x
edgeX SPCXUSDC+0.0965%4h152.93−0.174%$1.7M$893K20xas long as short