Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0374%/8h= −41.0% APRpaid last 24h −0.015%

Price spread now: edgeX against Aster−0.056%90s7-day average −0.042% · you buy dearer than you sell

Net, funding: paid 7d − costs+$46as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$240.235% of the position

Long on Aster Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.691%+$69 on $10k

Price spread, last 7 days+0.026%+$3 · spread now −0.056%, 7d avg −0.042%

Together, before fees+0.717%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$72 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.042%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.691%, so the current rate has only just turned against you. The two prices were read 90 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	Aster SPCXUSD1	153.12	0.0399	pay 0.0399% / 8h	6h 25m	$19.0M	$15.1M	20x
Short	edgeX SPCXUSDC	153.03	0.0025	get 0.0013% / 4h	2h 25m	$1.7M	$891K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.056%Rate

Funding earned: −$78.54
Price spread: −0.056% → −0.042%: −$1.45
Slippage, 4 orders: −$6.5
Fee Aster: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$103.49
Costs to cover: 0.235%
Break-even: never at this rate

Slippage from Aster: live order book, 3 min ago; edgeX: live order book, 3 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 Aster live order book, 3 min ago	0.33 bp	5.5 bp −$5	6.2 bp −$62	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	1.96 bp	6.5 bp −$6	7.4 bp −$74	21.7 bp −$2,171	doesn't fit

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 −0.0342% / S +0.0538%	1h	153.04	−0.049%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.05	−0.046%	$96.1M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.673%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.94	−0.118%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.29	+0.111%	$8K	$946K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.06	−0.039%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.97	−0.100%	$7K	$8K	10x	as long as short
edgeX SPCXUSDCshort	+0.0025%	4h	153.03	−0.056%	$1.7M	$891K	20x
Lighter SPCX	+0.0032%	1h	153.03	−0.059%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.00	−0.079%	$2.5M	$7.2M	20x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPCX/USDC PERP	+0.0033%	1h	153.32	+0.130%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.98	−0.092%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.03	−0.059%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	153.03	−0.059%	$1.2M	$6.8M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.02	−0.065%	$501K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.05	−0.046%	$1.7M	$90K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.07	−0.033%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.91	−0.137%	$3.2M	$2.6M	10x	as long as short
Bybit SPCXUSDT	+0.0074%	8h	153.07	−0.033%	$30.8M	$43.0M	100x	as long as short
Paradex SPCX-USD-PERP	+0.0083%	8h	153.08	−0.029%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.94	−0.118%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.99	−0.085%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	−0.124%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.08	−0.026%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.06	−0.038%	$89	—	10x	as long as short
Bitget SPCXUSDT	+0.0154%	8h	153.13	+0.006%	$31.9M	$66.3M	75x	as long as short
Bullet SPCX-USD	+0.0157%	1h	153.09	−0.023%	$11K	$189K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0171%	1h	153.04	−0.052%	$142.4M	$119.2M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0194%	8h	153.11	−0.007%	$39.4M	$169.0M	75x	as long as short
Variational Omni SPCX	+0.0207%	8h	153.07	−0.033%	$6.0M	$3.3M	—	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0208%	1h	153.03	−0.059%	$72K	$1.1M	10x	as long as short
Binance SPCXUSDT	+0.0221%	8h	153.08	−0.028%	$252.9M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0224%	1h	153.03	−0.057%	$736K	$3.8M	10x	as long as short
Nado SPCX-PERP	+0.0243%	1h	152.95	−0.111%	$622K	$839K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	152.97	−0.098%	$738K	$983K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.03	−0.059%	$445K	$270K	15x	as long as short
Aster SPCXUSD1long	+0.0399%	8h	153.12	long leg	$19.0M	$15.1M	20x
RISEx SPCX/USDC	+0.0410%	1h	153.09	−0.023%	$408K	$539K	20x	as long as short