Funding arb · Price arb /

SPCX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h −0.001%

Price spread now: Aevo against Binance−0.042%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aevo

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—needs both histories

Funding pays, the price is against you. Aevo is 0.042% cheaper against Binance than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SPCXUSDT	152.64	0.0048	pay 0.0048% / 8h	4h 51m	$252.2M	$1.37B	75x
Short	Aevo SPCX-PERP	152.58	0.0104	get 0.0013% / 1h	51m 40s	$88	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now −0.042%Rate

Funding earned: $11.69
Price spread: −0.042% → 0.000%: −$4.19
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$18.5
Costs to cover: 0.260%
Break-even: 18.1 days

Slippage unknown: Binance: live order book, 15 min ago; Aevo: 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 Binance live order book, 15 min ago	0.33 bp	5.3 bp −$5	5.3 bp −$53	6.8 bp −$680	12.9 bp −$6,471
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 38 exchanges

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	152.53	−0.069%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0074%	8h	152.59	−0.033%	$2.0M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.62	−0.013%	$30.1M	$42.4M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.61	−0.020%	$96.2M	$30.4M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.67	+0.020%	$31.1M	$66.6M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.58	−0.039%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.74	+0.066%	$8K	$809K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.65	+0.007%	$1.3M	$1.7M	75x	as long as short
Variational Omni SPCX	+0.0008%	8h	152.59	−0.030%	$5.9M	$2.7M	—	as long as short
Aftermath Perps SPCXUSD	+0.0021%	1h	152.55	−0.062%	$7K	$7K	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USD	+0.0029%	1h	152.55	−0.059%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.56	−0.052%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.51	−0.085%	$2.5M	$7.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	+0.092%	$9K	$28K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.57	−0.046%	$103K	$293K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.52	−0.079%	—	$1.2M	10x	as long as short
Extended SPCX-USD	+0.0048%	1h	152.60	−0.028%	$701K	$5.3M	10x	as long as short
Binance SPCXUSDTlong	+0.0048%	8h	152.64	long leg	$252.2M	$1.37B	75x
tradeXYZ xyz:SPCX	+0.0050%	1h	152.54	−0.066%	$128.2M	$129.3M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.58	−0.039%	$1.7M	$56K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.61	−0.020%	$532K	$377K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.48	−0.105%	$3.1M	$2.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0051%	8h	152.62	−0.014%	$101	—	5x	as long as short
OKX SPCX-USDT-SWAP	+0.0086%	8h	152.64	0.000%	$39.8M	$167.6M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.51	−0.085%	$169K	$114K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.53	−0.072%	$13.0M	$6.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.45	−0.124%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.62	−0.013%	$15K	$7K	10x	as long as short
RISEx SPCX/USDC	+0.0104%	1h	152.61	−0.020%	$351K	$482K	20x	as long as short
Aevo SPCX-PERPshort	+0.0104%	1h	152.58	−0.042%	$88	—	10x
Deribit SPCX_USDC-PERPETUAL	+0.0143%	1h	152.58	−0.039%	$42K	$1.4M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0150%	1h	152.55	−0.059%	$483K	$1.1M	10x	as long as short
Nado SPCX-PERP	+0.0179%	1h	152.53	−0.072%	$630K	$811K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.54	−0.066%	$732K	$1.1M	10x	as long as short
Bullet SPCX-USD	+0.0196%	1h	152.62	−0.013%	$11K	$190K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.54	−0.066%	$449K	$272K	15x	as long as short
Aster SPCXUSD1	+0.0419%	8h	152.77	+0.085%	$19.0M	$30.5M	20x	as long as short
edgeX SPCXUSDC	+0.0949%	4h	152.53	−0.072%	$1.7M	$889K	20x	as long as short