Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0167%/8h= −18.3% APRpaid last 24h +0.022%

Price spread now: Aftermath Perps against Binance−0.080%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 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—needs both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aftermath Perps is 0.080% cheaper against Binance than usual: you would sell low and buy high (−$8 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	Binance SPCXUSDT	152.66	0.0191	pay 0.0191% / 8h	2h 27m	$256.1M	$1.38B	75x
Short	Aftermath Perps SPCXUSD	152.54	0.0024	get 0.0003% / 1h	27m 24s	$7K	$10K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now −0.080%Rate

Funding earned: −$35.09
Price spread: −0.080% → 0.000%: −$7.99
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$62.08
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 2 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 Binance live order book, 2 min ago	0.33 bp	5.3 bp −$5	7.7 bp −$77	10.2 bp −$1,023	17.8 bp −$8,876
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 −0.0271% / S +0.0488%	1h	152.56	−0.062%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.62	−0.026%	$96.4M	$31.0M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.50	+12.998%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.64	−0.013%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.83	+0.111%	$8K	$989K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.61	−0.033%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSDshort	+0.0024%	1h	152.54	−0.080%	$7K	$10K	10x
Lighter RH SPCX	+0.0032%	1h	152.54	−0.079%	$2.4M	$7.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.007%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.57	−0.059%	—	$1.0M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps SPCX-USD	+0.0050%	1h	152.56	−0.066%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.64	−0.013%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.63	−0.020%	$542K	$402K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.48	−0.118%	$3.1M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0057%	1h	152.65	−0.007%	$1.2M	$7.6M	10x	as long as short
BloFin SPCX-USDT	+0.0066%	8h	152.63	−0.020%	$1.9M	$1.4M	75x	as long as short
Lighter SPCX	+0.0088%	1h	152.56	−0.066%	$1.6M	$7.3M	20x	as long as short
Paradex SPCX-USD-PERP	+0.0097%	8h	152.65	−0.005%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.59	−0.046%	$175K	$135K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.48	−0.118%	$13.0M	$5.2M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.64	−0.013%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.66	0.000%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.67	+0.006%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0140%	8h	152.68	+0.013%	$30.8M	$42.3M	100x	as long as short
Variational Omni SPCX	+0.0157%	8h	152.60	−0.041%	$6.1M	$4.3M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0160%	8h	152.65	−0.007%	$38.9M	$168.0M	75x	as long as short
tradeXYZ xyz:SPCX	+0.0185%	1h	152.56	−0.066%	$129.9M	$107.2M	20x	as long as short
Binance SPCXUSDTlong	+0.0191%	8h	152.66	long leg	$256.1M	$1.38B	75x
Extended SPCX-USD	+0.0192%	1h	152.64	−0.012%	$715K	$3.6M	10x	as long as short
Bullet SPCX-USD	+0.0199%	1h	152.65	−0.007%	$12K	$190K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0209%	1h	152.58	−0.052%	$70K	$1.1M	10x	as long as short
Aster SPCXUSD1	+0.0219%	8h	152.68	+0.013%	$19.0M	$21.3M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0232%	1h	152.16	−0.328%	$739K	$963K	10x	as long as short
Phoenix SPCX	+0.0262%	1h	152.61	−0.033%	$370K	$191K	15x	as long as short
Arcus SPCX-USD	+0.0293%	1h	152.58	−0.052%	$106K	$296K	5x	as long as short
Nado SPCX-PERP	+0.0311%	1h	152.46	−0.129%	$624K	$878K	20x	as long as short
Bitget SPCXUSDT	+0.0331%	8h	152.64	−0.013%	$31.2M	$66.3M	75x	as long as short
RISEx SPCX/USDC	+0.0462%	1h	152.67	+0.008%	$383K	$540K	20x	as long as short
edgeX SPCXUSDC	+0.0611%	4h	152.60	−0.041%	$1.7M	$894K	20x	as long as short