Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.030%

Price spread now: Nado against Binance−0.007%48s7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$240.243% of the position

Long on Binance Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.060%+$6 on $10k

Price spread, last 7 days−0.010%−$1 · spread now −0.007%, 7d avg −0.025%

Together, before fees+0.050%+ Points / potential airdropNado: Active · farm board+$5 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SPCXUSDT	152.46	0.0122	pay 0.0122% / 8h	2h 34m	$250.6M	$1.36B	75x
Short	Nado SPCX-PERP	152.45	0.0125	get 0.0016% / 1h	34m 41s	$614K	$802K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.007%Rate

Funding earned: $0.63
Price spread: −0.007% → −0.025%: $1.77
Slippage, 4 orders: −$7.34
Fee Binance: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$21.93
Costs to cover: 0.243%
Break-even: 250.0 days

Slippage from Binance: live order book, 9 min ago; Nado: live order book, 13 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 Binance live order book, 9 min ago	0.33 bp	5.3 bp −$5	5.9 bp −$59	9.9 bp −$991	21.0 bp −$10.5K
Sell Nado live order book, 13 min ago	0.33 bp	7.1 bp −$7	20.4 bp −$204	doesn't fit	doesn't fit

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 −0.0187% / S +0.0435%	1h	152.41	−0.030%	$90K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.46	0.000%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.44	−0.013%	$96.1M	$31.7M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.49	+0.020%	$31.3M	$65.8M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+13.160%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.54	+0.052%	$300K	$2.8M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.73	+0.177%	$8K	$910K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.60	+0.092%	$1.3M	$1.8M	75x	as long as short
BloFin SPCX-USDT	+0.0002%	8h	152.54	+0.052%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0023%	1h	152.40	−0.036%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0032%	1h	152.39	−0.046%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.36	−0.066%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.41	−0.033%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.50	+0.026%	$1.2M	$5.6M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.49	+0.020%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.35	−0.072%	$130.9M	$128.6M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.48	+0.013%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.48	+0.013%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.54	+0.052%	$531K	$387K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.29	−0.112%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0061%	8h	152.47	+0.004%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.35	−0.072%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.37	−0.059%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.45	−0.007%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.54	+0.052%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.52	+0.038%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0115%	8h	152.49	+0.021%	$6.0M	$2.8M	—	as long as short
Extended SPCX-USD	+0.0120%	1h	152.44	−0.013%	$731K	$4.6M	10x	as long as short
Binance SPCXUSDTlong	+0.0122%	8h	152.46	long leg	$250.6M	$1.36B	75x
Nado SPCX-PERPshort	+0.0125%	1h	152.45	−0.007%	$614K	$802K	20x
OKX SPCX-USDT-SWAP	+0.0131%	8h	152.44	−0.013%	$39.3M	$166.2M	75x	as long as short
Bullet SPCX-USD	+0.0162%	1h	152.53	+0.046%	$11K	$193K	10x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.54	+0.052%	$408K	$513K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.013%	$739K	$923K	10x	as long as short
Phoenix SPCX	+0.0263%	1h	152.39	−0.046%	$443K	$266K	15x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0275%	1h	152.51	+0.033%	$87K	$1.3M	10x	as long as short
Aster SPCXUSD1	+0.0380%	8h	152.57	+0.074%	$18.9M	$24.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.75	+0.190%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0464%	4h	152.49	+0.023%	$1.7M	$892K	20x	as long as short