Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0196%/8h= −21.4% APRpaid last 24h 0.000%

Price spread now: StandX against Binance+0.018%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$300.301% of the position

Long on Binance Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 2 days (all we have)−0.055%−$6 · spread now +0.018%, 7d avg +0.001%

Together, before fees−0.078%+ Points / potential airdropStandX: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.023% in total (about -1.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SPCXUSDT	152.60	0.0196	pay 0.0196% / 8h	1h 19m	$255.4M	$1.38B	75x
Short	StandX SPCX-USD	152.63	0	get 0.0000% / 1h	19m 22s	$302K	$3.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now +0.018%Rate

Funding earned: −$41.07
Price spread: +0.018% → +0.001%: $1.71
Slippage, 4 orders: −$12.06
Fee Binance: 5 bp × 2 orders: −$10
Fee StandX: 4 bp × 2 orders: −$8
Net: −$69.41
Costs to cover: 0.301%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; StandX: live order book, 5 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, 10 min ago	0.33 bp	5.3 bp −$5	5.7 bp −$57	7.0 bp −$701	13.6 bp −$6,809
Sell StandX live order book, 5 min ago	3.60 bp	10.2 bp −$10	14.7 bp −$147	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 −0.0272% / S +0.0488%	1h	152.57	−0.018%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.58	−0.014%	$96.5M	$30.9M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+13.049%	$4K	$882	10x	as long as short
StandX SPCX-USDshort	0.0000%	1h	152.63	+0.018%	$302K	$3.1M	20x
SunX SPCX-USDT	0.0000%	8h	152.80	+0.130%	$8K	$978K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.59	−0.008%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.59	−0.007%	$7K	$10K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.53	−0.047%	$1.7M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.53	−0.047%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.046%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SPCX-USD-PERP	+0.0046%	1h	152.55	−0.034%	—	$1.1M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.56	−0.028%	$488K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.57	−0.021%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.60	−0.001%	$538K	$403K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.44	−0.106%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0066%	1h	152.58	−0.014%	$1.2M	$7.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0067%	8h	152.59	−0.009%	$101	—	5x	as long as short
BloFin SPCX-USDT	+0.0076%	8h	152.62	+0.012%	$1.9M	$1.4M	75x	as long as short
Bullet SPCX-USD	+0.0094%	1h	152.60	−0.001%	$11K	$188K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.51	−0.060%	$175K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.50	−0.067%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.53	−0.047%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.62	+0.012%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.61	+0.005%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0137%	8h	152.60	−0.001%	$30.8M	$42.4M	100x	as long as short
tradeXYZ xyz:SPCX	+0.0146%	1h	152.57	−0.021%	$130.1M	$107.6M	20x	as long as short
Variational Omni SPCX	+0.0175%	8h	152.60	−0.004%	$6.0M	$3.9M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0181%	8h	152.62	+0.012%	$38.9M	$168.4M	75x	as long as short
Extended SPCX-USD	+0.0192%	1h	152.57	−0.018%	$739K	$3.6M	10x	as long as short
Binance SPCXUSDTlong	+0.0196%	8h	152.60	long leg	$255.4M	$1.38B	75x
Deribit SPCX_USDC-PERPETUAL	+0.0209%	1h	152.53	−0.047%	$70K	$1.1M	10x	as long as short
Arcus SPCX-USD	+0.0227%	1h	152.53	−0.047%	$106K	$296K	5x	as long as short
Nado SPCX-PERP	+0.0236%	1h	152.48	−0.077%	$624K	$872K	20x	as long as short
Aster SPCXUSD1	+0.0246%	8h	152.67	+0.045%	$19.0M	$21.8M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	152.71	+0.071%	$741K	$947K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.60	−0.001%	$445K	$196K	15x	as long as short
Bitget SPCXUSDT	+0.0316%	8h	152.60	−0.001%	$31.0M	$66.5M	75x	as long as short
edgeX SPCXUSDC	+0.0386%	4h	152.60	−0.004%	$1.7M	$893K	20x	as long as short
RISEx SPCX/USDC	+0.0543%	1h	152.65	+0.028%	$402K	$548K	20x	as long as short