Funding arb · Price arb / RWA

SPCX

RWAAll SPCX markets →

LONGAster▾Backpack −0.0199%Aster 0.0000%Extended 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%RISEx 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%GRVT 0.0000%StandX 0.0000%Phoenix 0.0000%SunX 0.0000%Deribit 0.0000%AZverse +0.0008%edgeX +0.0025%Lighter +0.0032%Lighter RH +0.0032%Arcus +0.0038%Vest Markets +0.0046%Popdex +0.0048%tradeXYZ +0.0050%BingX +0.0050%Polymarket Perps +0.0050%SoDEX +0.0050%Phemex +0.0050%Ondo Perps +0.0050%HTX +0.0058%Kraken Futures +0.0066%Paradex +0.0076%Nado +0.0081%Avantis +0.0088%Pacifica +0.0100%Orderly +0.0100%TxFlow +0.0100%Aevo +0.0104%BloFin +0.0120%Aftermath Perps +0.0243%ApeX Omni +0.0404%Injective +0.0440%GMX +0.0741%Bullet +0.0752%

⇄⇅

SHORTReya▾Bullet +0.0752%Injective +0.0440%GMX −0.0412%ApeX Omni +0.0404%Aftermath Perps +0.0243%BloFin +0.0120%Aevo +0.0104%Pacifica +0.0100%Orderly +0.0100%TxFlow +0.0100%Nado +0.0081%Paradex +0.0076%Kraken Futures +0.0066%HTX +0.0058%Avantis −0.0052%Ondo Perps +0.0050%tradeXYZ +0.0050%BingX +0.0050%Polymarket Perps +0.0050%SoDEX +0.0050%Phemex +0.0050%Popdex +0.0048%Vest Markets +0.0046%Arcus +0.0038%Lighter +0.0032%Lighter RH +0.0032%edgeX +0.0025%AZverse +0.0008%Extended 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%RISEx 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%GRVT 0.0000%StandX 0.0000%Phoenix 0.0000%SunX 0.0000%Deribit 0.0000%Backpack −0.0199%Reya −0.1524%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AsterSPCXUSD1	137.07	0	0.0000% / 8h	3h 05m	$20.0M	$21.3M	20x	Long Aster≤10% back
SHORT	ReyaSPCXRUSDPERP	136.50	−0.1524	pay 0.0190% / 1h	5m 58s	$12K	$63K	5x	Short Reya

Price gap−0.420%48s

Funding gap−0.1524% /8h

Both sides work against this direction now: funding costs $46 a day on $10k and the gap is 0.420% under zero (no 7-day history yet). Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.755% in total, about −0.0360%/8h on average.

Price and funding

Price spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Price spread?

Prices?

Funding?per 8h

PRICE SPREAD · 7D

Now−0.420%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

AsterReya

SPCX on 47 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

• i
  Note: Order book unknown—

  No order-book sample for Reya: its slippage is not counted.
• i
  Note: Margin at max leverage$500 + $2,000

  Aster 20x, Reya 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ8h / 1h

  Payments land at different times. Close right after the slower leg pays.

  Long Aster · 8h$0.00

  Short Reya · 1h−$45.71

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$45.71Long Aster: 3 payments, $0.00; short Reya: 24 payments, −$45.71.
• !
  Watch: Prices read 48 s apart−0.420% vs —

  Part of this gap may be the market moving.
• !
  Watch: Short leg is thinner$12K vs $20.0M OI

  Reya sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legAster Stage 5 · Reya points

  Volume here counts toward the points program.
• ✓
  OK: No KYC on either legAster No · Reya No

  Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0360%/8h × 21 periods−$75.52

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for Reya—

Fee Aster bp × 2 orders−$8.00

Fee Reya bp × 2 orders−$6.00

Net, fees only · 7 days · $10k−$89.52

price spread not counted: prices read too far apart

Costs to cover0.140%Break-evennever at this rate

Slippage: Aster: live order book, 2 min ago; Reya: no order-book sample

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGAster1.106.0 bp−$610.8 bp−$108doesn’t fitdoesn’t fit

SELL · SHORTReya—————

Closing costs about the same again.
Reya: no data.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

SPCX news

posts that mention SPCX, from every exchangeSearch all news →

10-30 12:26	Reya	Points	In other news, the orderbook admits one wave at a time. Trade binancecoin:native, $SPCX and a growing list of crypto and RWA perps in Season 2. Join the waitlist before the next announcement makes the queue longer. @reya_xyz on X ↗
10-30 12:13	Markets by Kinetiq	Other	JUST IN: CZ THREATENS ELON MUSK WITH SELLING $SPCX SHARES TO COVER THE BINANCE HACK. @Markets_xyz on X ↗
10-28 06:13	SoDEX	Other	☁️ AI COMPUTE BOOM: THE NEXT BIG TRADE? 🚀🔥 Big Tech is pouring billions into AI infrastructure! 💰 Broadcom: $63B AI compute financing deal 🔥 SpaceX: $40B GPU financing secured 🚀 Meta: Up to $97.5B in planned equity fundraising 📈 AI infrastructure stocks are back in focus! 📊 Trade the AI compute wave on SoDEX! 🔹 AI Cloud: 🚀 $NBIS +12.61% | $CRWV +8.64% 🔹 AI Expansion: 📈 $SPCX +1.73% | $META -1.66% 🔹 Cloud Giants: ☁️ solana:CWr8CzC1gCz7KhDMSUAjathCoSyVE7MxauNT75Bimoon (GOOGL) +2.32% | $MSFT -0.39% | $AMZN +2.14% 👀 Will AI infrastructure spending fuel the next rally? 👉 @sodex_official on X ↗
10-27 13:21	Ondo Perps	Other	Eligible perps markets for the Liquidity Pool: ▸ Stocks: NVDA, TSLA, META, AMD, INTC, MU, SNDK, COIN, MSTR, CRCL, SPCX ▸ Indices: US 500, US 100 ▸ ETFs: DRAM, SOXL ▸ Commodities: Gold, Silver, WTI ▸ Crypto: BTC, ETH Rewards are paid in USDC directly to your trading account within 48 hours of each week’s close. Trade Now → @OndoPerps on X ↗
10-27 09:00	MEXC	Other	🚀 Tesla jumps 5.2% on SpaceX merger hopes. 📈 $TSLA +5.2% | $391.62 📉 $SPCX -0.4% | $146.90 🔥 Barclays upgrades Tesla to Overweight, lifting its price target to $450. Could a Tesla-SpaceX merger fuel the next rally? 👇 @MEXC on X ↗
10-27 07:29	Bitget	Other	Largest IPOs in history, by valuation. 1. Anthropic $ANT (2026)* ~$2.0T 2. Space X $SPCX (2026) ~$1.75T 3. Saudi Aramco (2019) ~$1.70T 4. SK Hynix $SKHY (2026) ~$1.09T 5. Alibaba $BABA (2014) ~$168B @bitget on X ↗