Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: GRVT against ApeX Omni+12.944%7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. GRVT is 12.944% dearer against ApeX Omni than usual: you sell high and buy low (spread +12.944% now, against zero (this spread has no 7-day history yet)): +$1,294 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 14 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SPCXUSDT	152.76	0.0100	pay 0.0013% / 1h	58m 04s	$58K	$272K	50x
Short	GRVT SPCX_USDT_Perp	172.53	0	get 0.0000% / 8h	1h 58m	$4K	$882	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +12.944%Rate

Funding earned: −$21
Price spread: +12.944% → 0.000%: $1,294.42
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $1,254.42
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: ApeX Omni: live order book, 49 min ago; GRVT: 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 ApeX Omni live order book, 49 min ago	7.54 bp	13.7 bp −$14	37.1 bp −$371	doesn't fit	doesn't fit
Sell GRVT no order-book sample	—	—	—	—	—

GRVT: 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 −0.0187% / S +0.0435%	1h	152.63	−0.088%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0028%	8h	152.69	−0.046%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.70	−0.039%	$30.7M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.67	−0.059%	$96.2M	$31.7M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.70	−0.039%	$31.2M	$66.0M	75x	as long as short
GRVT SPCX_USDT_Perpshort	0.0000%	8h	172.53	+12.944%	$4K	$882	10x
StandX SPCX-USD	0.0000%	1h	152.73	−0.020%	$301K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.98	+0.144%	$8K	$896K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.77	+0.007%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0018%	1h	152.60	−0.103%	$7K	$8K	10x	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	152.60	−0.105%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.58	−0.118%	$2.5M	$7.2M	20x	as long as short
QFEX SPCX-USD	+0.0038%	1h	152.64	−0.079%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.62	−0.092%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.65	−0.072%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.60	−0.105%	$130.2M	$129.1M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.63	−0.085%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.67	−0.059%	$1.7M	$96K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.69	−0.046%	$531K	$383K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.60	−0.105%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0056%	8h	152.70	−0.040%	$101	—	5x	as long as short
RISEx SPCX/USDC	+0.0072%	1h	152.70	−0.037%	$409K	$505K	20x	as long as short
Variational Omni SPCX	+0.0075%	8h	152.72	−0.028%	$6.0M	$2.8M	—	as long as short
Extended SPCX-USD	+0.0088%	1h	152.65	−0.074%	$732K	$4.6M	10x	as long as short
Binance SPCXUSDT	+0.0092%	8h	152.71	−0.033%	$249.9M	$1.36B	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.60	−0.105%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.59	−0.111%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDTlong	+0.0100%	1h	152.76	long leg	$58K	$272K	50x
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.68	−0.052%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.65	−0.069%	$89	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0108%	8h	152.73	−0.020%	$39.6M	$166.9M	75x	as long as short
Nado SPCX-PERP	+0.0139%	1h	152.55	−0.135%	$612K	$800K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.70	−0.039%	$731K	$921K	10x	as long as short
Bullet SPCX-USD	+0.0200%	1h	152.70	−0.039%	$11K	$192K	10x	as long as short
Phoenix SPCX	+0.0263%	1h	152.70	−0.039%	$444K	$266K	15x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0340%	1h	152.65	−0.072%	$89K	$1.3M	10x	as long as short
Aster SPCXUSD1	+0.0348%	8h	152.75	−0.005%	$18.9M	$25.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.99	+0.151%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0740%	4h	152.70	−0.042%	$1.7M	$893K	20x	as long as short