Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0214%/8h= +23.4% APRpaid last 24h −0.024%

Price spread now: Bitget against ApeX Omni+0.052%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$450.451% of the position

Long on ApeX Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.164%−$16 on $10k

Price spread, last 3 days (all we have)−0.240%−$24 · spread now +0.052%, 7d avg −0.003%

Together, before fees−0.404%−$40 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.055% dearer against ApeX Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.164%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SPCXUSDT	152.78	0.0100	pay 0.0013% / 1h	59m 33s	$58K	$271K	50x
Short	Bitget SPCXUSDT	152.86	0.0314	get 0.0314% / 8h	7h 59m	$31.3M	$66.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against ApeX Omni. 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 ApeX OmnibpFee BitgetbpOrdersPrice spread, now +0.052%Rate

Funding earned: $44.94
Price spread: +0.052% → −0.003%: $5.5
Slippage, 4 orders: −$23.09
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: $5.35
Costs to cover: 0.451%
Break-even: 6.2 days

Slippage from ApeX Omni: live order book, 13 min ago; Bitget: live order book, 9 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 ApeX Omni live order book, 13 min ago	10.14 bp	15.1 bp −$15	42.1 bp −$421	doesn't fit	doesn't fit
Sell Bitget live order book, 9 min ago	0.65 bp	6.7 bp −$7	8.0 bp −$80	20.7 bp −$2,067	28.7 bp −$14.4K

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 −0.0290% / S +0.0501%	1h	152.87	+0.056%	$88K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.89	+0.072%	$30.7M	$42.8M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.86	+0.052%	$96.6M	$30.9M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.917%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.81	+0.020%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.11	+0.216%	$8K	$971K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.88	+0.065%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0030%	1h	152.83	+0.033%	$7K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.83	+0.033%	$2.5M	$7.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.926%	$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
Arcus SPCX-USD	+0.0040%	1h	152.85	+0.046%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.91	+0.085%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.88	+0.065%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.83	+0.033%	$534K	$414K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.70	−0.052%	$3.2M	$2.8M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0056%	1h	152.84	+0.039%	$489K	$1.1M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	152.83	+0.033%	$1.2M	$7.7M	10x	as long as short
BloFin SPCX-USDT	+0.0088%	8h	152.92	+0.092%	$1.9M	$1.4M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.80	+0.013%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.85	+0.046%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDTlong	+0.0100%	1h	152.78	long leg	$58K	$271K	50x
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.92	+0.092%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.94	+0.106%	$89	—	10x	as long as short
Paradex SPCX-USD-PERP	+0.0106%	8h	152.90	+0.079%	$101	—	5x	as long as short
Lighter SPCX	+0.0112%	1h	152.86	+0.052%	$1.6M	$7.4M	20x	as long as short
Bullet SPCX-USD	+0.0170%	1h	152.91	+0.083%	$12K	$187K	10x	as long as short
Variational Omni SPCX	+0.0189%	8h	152.87	+0.062%	$6.1M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0200%	8h	152.88	+0.065%	$38.9M	$169.2M	75x	as long as short
Binance SPCXUSDT	+0.0208%	8h	152.88	+0.065%	$252.9M	$1.39B	75x	as long as short
Extended SPCX-USD	+0.0208%	1h	152.85	+0.046%	$734K	$3.7M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0237%	1h	152.83	+0.033%	$143.4M	$119.5M	20x	as long as short
Phoenix SPCX	+0.0261%	1h	152.92	+0.092%	$445K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.97	+0.124%	$733K	$970K	10x	as long as short
Bitget SPCXUSDTshort	+0.0314%	8h	152.86	+0.052%	$31.3M	$66.8M	75x
Aster SPCXUSD1	+0.0317%	8h	152.98	+0.131%	$19.0M	$21.3M	20x	as long as short
Nado SPCX-PERP	+0.0328%	1h	152.76	−0.010%	$599K	$883K	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	152.91	+0.085%	$401K	$540K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0536%	1h	152.88	+0.065%	$71K	$1.0M	10x	as long as short
edgeX SPCXUSDC	+0.0717%	4h	152.88	+0.064%	$1.7M	$894K	20x	as long as short