Funding arb · Price arb /

SPCX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0282%/8h= −30.9% APRpaid last 24h +0.015%

Price spread now: Aftermath Perps against Aster−0.118%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Aftermath Perps

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 against this trade now: funding costs −$8 a day on $10k at the current rate, and Aftermath Perps is 0.118% cheaper against Aster than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SPCXUSD1	153.00	0.0312	pay 0.0312% / 8h	3m 54s	$19.0M	$21.3M	20x
Short	Aftermath Perps SPCXUSD	152.82	0.0029	get 0.0004% / 1h	3m 54s	$7K	$9K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Aster. 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 AsterbpFee Aftermath PerpsbpOrdersPrice spread, now −0.118%Rate

Funding earned: −$59.32
Price spread: −0.118% → 0.000%: −$11.77
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$88.09
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 5 min ago; Aftermath Perps: 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 Aster live order book, 5 min ago	0.65 bp	5.9 bp −$6	7.2 bp −$72	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

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 −0.0288% / S +0.0499%	1h	152.88	−0.077%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.91	−0.061%	$96.6M	$31.5M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.753%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.81	−0.126%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.15	+0.096%	$8K	$971K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.91	−0.061%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSDshort	+0.0029%	1h	152.82	−0.118%	$7K	$9K	10x
Lighter RH SPCX	+0.0032%	1h	152.85	−0.100%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.775%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.86	−0.094%	$105K	$297K	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	152.91	−0.061%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.88	−0.081%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.90	−0.068%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.91	−0.061%	$535K	$413K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.79	−0.140%	$3.2M	$2.8M	10x	as long as short
QFEX SPCX-USD	+0.0052%	1h	152.90	−0.068%	$1.2M	$7.7M	10x	as long as short
BloFin SPCX-USDT	+0.0085%	8h	152.89	−0.074%	$1.9M	$1.4M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.84	−0.107%	$173K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.83	−0.113%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.85	−0.100%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.94	−0.041%	$15K	$7K	10x	as long as short
Paradex SPCX-USD-PERP	+0.0101%	8h	152.95	−0.037%	$101	—	5x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.94	−0.041%	$89	—	10x	as long as short
Lighter SPCX	+0.0112%	1h	152.89	−0.074%	$1.6M	$7.5M	20x	as long as short
Bybit SPCXUSDT	+0.0155%	8h	152.94	−0.041%	$30.7M	$42.8M	100x	as long as short
Bullet SPCX-USD	+0.0164%	1h	152.93	−0.049%	$12K	$187K	10x	as long as short
Variational Omni SPCX	+0.0185%	8h	152.91	−0.058%	$6.1M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0198%	8h	152.93	−0.048%	$38.9M	$169.5M	75x	as long as short
Binance SPCXUSDT	+0.0205%	8h	152.93	−0.049%	$253.0M	$1.39B	75x	as long as short
Extended SPCX-USD	+0.0208%	1h	152.90	−0.069%	$734K	$3.6M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0247%	1h	152.88	−0.081%	$143.4M	$119.4M	20x	as long as short
Phoenix SPCX	+0.0261%	1h	152.90	−0.068%	$445K	$269K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.97	−0.022%	$733K	$970K	10x	as long as short
Nado SPCX-PERP	+0.0283%	1h	152.79	−0.137%	$600K	$884K	20x	as long as short
Aster SPCXUSD1long	+0.0312%	8h	153.00	long leg	$19.0M	$21.3M	20x
Bitget SPCXUSDT	+0.0312%	8h	152.93	−0.048%	$31.2M	$67.1M	75x	as long as short
RISEx SPCX/USDC	+0.0339%	1h	152.97	−0.019%	$401K	$540K	20x	as long as short
edgeX SPCXUSDC	+0.0425%	4h	152.90	−0.065%	$1.7M	$893K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0470%	1h	152.90	−0.068%	$71K	$1.0M	10x	as long as short