Funding arb · Price arb /

SPCX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0387%/8h= +42.4% APRpaid last 24h +0.020%

Price spread now: Aster against Aftermath Perps+0.059%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Aster is 0.059% dearer against Aftermath Perps than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SPCXUSD	153.04	0.0025	pay 0.0003% / 1h	2m 20s	$8K	$8K	10x
Short	Aster SPCXUSD1	153.13	0.0412	get 0.0412% / 8h	4h 02m	$18.9M	$21.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aftermath Perps. 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 Aftermath PerpsbpFee AsterbpOrdersPrice spread, now +0.059%Rate

Funding earned: $81.23
Price spread: +0.059% → 0.000%: $5.93
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: $70.16
Costs to cover: 0.170%
Break-even: 1.0 days

Slippage unknown: Aftermath Perps: no order-book sample; Aster: live order book, 2 min ago. Net counts fees only.

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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Aster live order book, 2 min ago	0.33 bp	4.5 bp −$5	9.5 bp −$95	doesn't fit	doesn't fit

Aftermath Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	152.99	−0.034%	$90K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.02	−0.011%	$30.7M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.00	−0.024%	$96.3M	$31.4M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.04	+0.002%	$31.7M	$65.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.737%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.92	−0.077%	$302K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.26	+0.145%	$7K	$938K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.07	+0.021%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSDlong	+0.0025%	1h	153.04	long leg	$8K	$8K	10x
BloFin SPCX-USDT	+0.0026%	8h	153.04	+0.002%	$1.9M	$1.4M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0032%	1h	152.95	−0.057%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.92	−0.077%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.96	−0.051%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.97	−0.044%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.00	−0.024%	$1.2M	$5.9M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.96	−0.051%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.99	−0.031%	$1.7M	$95K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.02	−0.011%	$532K	$392K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.89	−0.096%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0074%	8h	153.04	+0.003%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.93	−0.070%	$169K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.94	−0.064%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	−0.070%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.04	+0.002%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.01	−0.016%	$89	—	10x	as long as short
tradeXYZ xyz:SPCX	+0.0125%	1h	152.97	−0.044%	$141.3M	$119.1M	20x	as long as short
Variational Omni SPCX	+0.0129%	8h	153.05	+0.007%	$6.0M	$3.0M	—	as long as short
Bullet SPCX-USD	+0.0138%	1h	153.02	−0.010%	$11K	$192K	10x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.97	−0.043%	$734K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0146%	8h	153.01	−0.016%	$248.0M	$1.36B	75x	as long as short
Nado SPCX-PERP	+0.0148%	1h	152.89	−0.094%	$617K	$816K	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0150%	8h	153.04	+0.002%	$39.5M	$166.4M	75x	as long as short
RISEx SPCX/USDC	+0.0191%	1h	153.04	+0.002%	$409K	$525K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.10	+0.041%	$738K	$926K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.05	+0.008%	$445K	$268K	15x	as long as short
edgeX SPCXUSDC	+0.0389%	4h	153.04	−0.001%	$1.7M	$893K	20x	as long as short
Aster SPCXUSD1short	+0.0412%	8h	153.13	+0.059%	$18.9M	$21.4M	20x
Injective SPCX/USDC PERP	+0.0440%	1h	153.32	+0.185%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0470%	1h	152.98	−0.037%	$84K	$1.2M	10x	as long as short