Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0087%/8h= +9.6% APRpaid last 24h +0.019%

Price spread now: Binance against Aftermath Perps+0.257%52s7-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 Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.257% dearer against Aftermath Perps than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps SPCXUSD	152.20	0.0019	pay 0.0002% / 1h	15m 32s	$7K	$7K	10x
Short	Binance SPCXUSDT	152.59	0.0106	get 0.0106% / 8h	7h 15m	$253.5M	$1.37B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.257%Rate

Funding earned: $18.34
Price spread: +0.257% → 0.000%: $25.68
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: $25.03
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Aftermath Perps: no order-book sample; Binance: live order book, 13 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 Binance live order book, 13 min ago	0.33 bp	5.3 bp −$5	6.1 bp −$61	6.7 bp −$674	18.6 bp −$9,324

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 38 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 −0.0187% / S +0.0435%	1h	152.32	+0.083%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0014%	8h	152.40	+0.132%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.59	+0.257%	$30.5M	$43.3M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.57	+0.244%	$96.2M	$32.5M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.64	+0.290%	$31.0M	$66.7M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.38	+0.119%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.72	+0.342%	$8K	$845K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.52	+0.211%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSDlong	+0.0019%	1h	152.20	long leg	$7K	$7K	10x
Lighter SPCX	+0.0032%	1h	152.48	+0.185%	$1.6M	$7.4M	20x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.50	+0.198%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.56	+0.237%	$1.2M	$5.4M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.53	+0.217%	$102K	$294K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.47	+0.178%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.55	+0.231%	$129.9M	$129.8M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.40	+0.132%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.48	+0.185%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.47	+0.178%	$531K	$365K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.32	+0.079%	$3.1M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0059%	8h	152.60	+0.262%	$101	—	5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0078%	1h	152.46	+0.171%	$84K	$1.4M	10x	as long as short
Variational Omni SPCX	+0.0087%	8h	152.49	+0.193%	$5.9M	$2.7M	—	as long as short
Pacifica SPCX	+0.0100%	1h	152.55	+0.231%	$169K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.48	+0.185%	$13.0M	$5.7M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.49	+0.191%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.50	+0.198%	$14K	$7K	10x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.56	+0.238%	$723K	$5.3M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.46	+0.169%	$88	—	10x	as long as short
Nado SPCX-PERP	+0.0105%	1h	152.54	+0.226%	$633K	$811K	20x	as long as short
Binance SPCXUSDTshort	+0.0106%	8h	152.59	+0.257%	$253.5M	$1.37B	75x
OKX SPCX-USDT-SWAP	+0.0114%	8h	152.61	+0.270%	$39.3M	$168.0M	75x	as long as short
Bullet SPCX-USD	+0.0130%	1h	152.52	+0.213%	$11K	$192K	10x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.60	+0.263%	$381K	$507K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.27	+0.047%	$447K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.45	+0.165%	$689K	$1.0M	10x	as long as short
Aster SPCXUSD1	+0.0394%	8h	152.70	+0.327%	$19.0M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.51	+0.204%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0756%	4h	152.41	+0.139%	$1.7M	$891K	20x	as long as short