Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h +0.037%

Price spread now: RISEx against Binance+0.023%7-day average +0.032% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$210.206% of the position

Long on Binance Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.081%+$8 on $10k

Price spread, last 4 days (all we have)−0.329%−$33 · spread now +0.023%, 7d avg +0.032%

Together, before fees−0.248%−$25 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SPCXUSDT	153.05	0.0181	pay 0.0181% / 8h	5h 06m	$252.5M	$1.37B	75x
Short	RISEx SPCX/USDC	153.09	0.0199	get 0.0025% / 1h	6m 43s	$410K	$532K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.023%Rate

Funding earned: $3.75
Price spread: +0.023% → +0.032%: −$0.89
Slippage, 4 orders: −$4.57
Fee Binance: 5 bp × 2 orders: −$10
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$17.71
Costs to cover: 0.206%
Break-even: 40.0 days

Slippage from Binance: live order book, 7 min ago; RISEx: live order book, 57 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, 7 min ago	0.33 bp	5.3 bp −$5	5.7 bp −$57	9.2 bp −$920	16.1 bp −$8,048
Sell RISEx live order book, 57 min ago	1.96 bp	5.0 bp −$5	5.6 bp −$56	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 −0.0333% / S +0.0531%	1h	153.01	−0.025%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.03	−0.016%	$96.2M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.09	+0.024%	$31.7M	$65.5M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.722%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.96	−0.061%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.24	+0.122%	$8K	$936K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.07	+0.011%	$1.3M	$1.7M	75x	as long as short
Bybit SPCXUSDT	+0.0023%	8h	153.05	−0.002%	$30.8M	$42.9M	100x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	152.99	−0.043%	$8K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.98	−0.048%	$2.5M	$7.2M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus SPCX-USD	+0.0040%	1h	152.97	−0.055%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.03	−0.016%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0048%	1h	153.02	−0.022%	$1.2M	$6.5M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.00	−0.035%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.02	−0.022%	$1.7M	$93K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.04	−0.009%	$533K	$400K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.91	−0.094%	$3.2M	$2.5M	10x	as long as short
BloFin SPCX-USDT	+0.0061%	8h	153.06	+0.004%	$1.9M	$1.4M	75x	as long as short
Lighter SPCX	+0.0064%	1h	153.01	−0.029%	$1.6M	$7.2M	20x	as long as short
Paradex SPCX-USD-PERP	+0.0077%	8h	153.06	+0.004%	$101	—	5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0077%	1h	152.99	−0.042%	$73K	$1.2M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.94	−0.074%	$169K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.94	−0.074%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.95	−0.068%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.04	−0.009%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.04	−0.011%	$89	—	10x	as long as short
Variational Omni SPCX	+0.0170%	8h	153.03	−0.019%	$6.0M	$3.1M	—	as long as short
Bullet SPCX-USD	+0.0171%	1h	153.06	+0.002%	$11K	$191K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0174%	8h	153.07	+0.011%	$39.5M	$167.4M	75x	as long as short
Binance SPCXUSDTlong	+0.0181%	8h	153.05	long leg	$252.5M	$1.37B	75x
Extended SPCX-USD	+0.0184%	1h	153.01	−0.027%	$734K	$3.8M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0190%	1h	153.02	−0.022%	$142.1M	$118.9M	20x	as long as short
RISEx SPCX/USDCshort	+0.0199%	1h	153.09	+0.023%	$410K	$532K	20x
Nado SPCX-PERP	+0.0223%	1h	152.96	−0.060%	$617K	$826K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.04	−0.009%	$738K	$979K	10x	as long as short
Phoenix SPCX	+0.0262%	1h	153.04	−0.009%	$445K	$267K	15x	as long as short
Aster SPCXUSD1	+0.0415%	8h	153.12	+0.043%	$19.0M	$17.1M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.28	+0.148%	$9K	$27K	5.5x	as long as short
edgeX SPCXUSDC	+0.0642%	4h	153.03	−0.015%	$1.7M	$892K	20x	as long as short