Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0071%/8h= +7.8% APRpaid last 24h +0.009%

Price spread now: Paradex against Aftermath Perps+0.030%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 Paradex

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 airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Paradex is 0.030% dearer against Aftermath Perps than usual: you sell high and buy low: +$3 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	152.92	0.0027	pay 0.0003% / 1h	36m 26s	$7K	$8K	10x
Short	Paradex SPCX-USD-PERP	152.96	0.0098	get 0.0098% / 8h	7h 36m	$101	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex 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 ParadexbpOrdersPrice spread, now +0.030%Rate

Funding earned: $14.87
Price spread: +0.030% → 0.000%: $2.96
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: $4.84
Costs to cover: 0.130%
Break-even: 4.7 days

Slippage unknown: Aftermath Perps: no order-book sample; Paradex: no order-book sample. 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 Paradex no order-book sample	—	—	—	—	—

Aftermath Perps and Paradex: 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 −0.0303% / S +0.0510%	1h	152.93	+0.005%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.91	−0.005%	$96.4M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.817%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.83	−0.057%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.26	+0.224%	$8K	$959K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.93	+0.008%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSDlong	+0.0027%	1h	152.92	long leg	$7K	$8K	10x
Lighter SPCX	+0.0032%	1h	152.91	−0.005%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.89	−0.018%	$2.5M	$7.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.833%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SPCX-USD-PERP	+0.0046%	1h	152.93	+0.008%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.96	+0.028%	$1.7M	$86K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.95	+0.021%	$534K	$415K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.79	−0.083%	$3.2M	$2.6M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0062%	1h	152.92	+0.002%	$488K	$1.1M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	152.90	−0.011%	$1.2M	$7.4M	10x	as long as short
Paradex SPCX-USD-PERPshort	+0.0098%	8h	152.96	+0.030%	$101	—	5x
Pacifica SPCX	+0.0100%	1h	152.88	−0.024%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.86	−0.037%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.95	+0.021%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.97	+0.034%	$15K	$7K	10x	as long as short
BloFin SPCX-USDT	+0.0100%	8h	153.01	+0.061%	$1.9M	$1.4M	75x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.97	+0.032%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0175%	8h	152.93	+0.008%	$30.7M	$42.7M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	152.91	−0.005%	$105K	$297K	5x	as long as short
Variational Omni SPCX	+0.0203%	8h	152.99	+0.048%	$6.0M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0205%	8h	152.95	+0.021%	$39.2M	$169.0M	75x	as long as short
Nado SPCX-PERP	+0.0218%	1h	152.85	−0.043%	$603K	$853K	20x	as long as short
Binance SPCXUSDT	+0.0221%	8h	152.95	+0.021%	$252.9M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0224%	1h	152.93	+0.007%	$732K	$3.7M	10x	as long as short
Bullet SPCX-USD	+0.0249%	1h	152.94	+0.015%	$11K	$188K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0250%	1h	152.92	+0.002%	$143.1M	$119.4M	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0273%	1h	152.94	+0.015%	$71K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.94	+0.015%	$445K	$271K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	152.96	+0.028%	$733K	$981K	10x	as long as short
Bitget SPCXUSDT	+0.0333%	8h	152.98	+0.041%	$31.2M	$66.4M	75x	as long as short
Aster SPCXUSD1	+0.0342%	8h	153.04	+0.080%	$19.0M	$19.0M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	152.99	+0.048%	$401K	$535K	20x	as long as short
edgeX SPCXUSDC	+0.0623%	4h	152.94	+0.013%	$1.7M	$893K	20x	as long as short