Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0187%/8h= −20.5% APRpaid last 24h −0.007%

Price spread now: Vest against Binance+0.023%7-day average −0.168% · you sell dearer than you buy

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

Long on Binance Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.024%+$2 on $10k

Price spread, last 2 days (all we have)−0.520%−$52 · spread now +0.023%, 7d avg −0.168%

Together, before fees−0.496%+ Points / potential airdropVest: Active · farm board−$50 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Vest is 0.191% dearer against Binance than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.168%): +$19 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 3.4 days.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.024% in total (about 2.7% 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	153.00	0.0233	pay 0.0233% / 8h	6h 47m	$252.8M	$1.37B	75x
Short	Vest SPCX-USD-PERP	153.04	0.0046	get 0.0006% / 1h	47m 02s	—	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.023%Rate

Funding earned: −$39.38
Price spread: +0.023% → −0.168%: $19.1
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$32.28
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: Binance: live order book, 12 min ago; Vest: 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, 12 min ago	0.33 bp	5.3 bp −$5	6.0 bp −$60	10.6 bp −$1,058	17.3 bp −$8,633
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 −0.0340% / S +0.0536%	1h	152.96	−0.033%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.98	−0.016%	$96.3M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.757%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.94	−0.042%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.28	+0.180%	$8K	$949K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.94	−0.042%	$72K	$1.1M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.06	+0.036%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.90	−0.068%	$7K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.92	−0.055%	$2.5M	$7.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	153.32	+0.206%	$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
Lighter SPCX	+0.0040%	1h	152.95	−0.036%	$1.6M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.94	−0.042%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERPshort	+0.0046%	1h	153.04	+0.023%	—	$1.2M	10x
QFEX SPCX-USD	+0.0049%	1h	153.02	+0.010%	$1.2M	$7.0M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.98	−0.016%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.96	−0.029%	$1.7M	$87K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.95	−0.036%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.84	−0.108%	$3.2M	$2.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0086%	8h	153.02	+0.008%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.93	−0.049%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.89	−0.075%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.94	−0.042%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.01	+0.003%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.01	+0.001%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0106%	8h	153.02	+0.010%	$30.9M	$42.9M	100x	as long as short
BloFin SPCX-USDT	+0.0116%	8h	153.03	+0.016%	$1.9M	$1.4M	75x	as long as short
Bullet SPCX-USD	+0.0168%	1h	153.00	−0.003%	$11K	$189K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0182%	1h	152.98	−0.016%	$142.4M	$119.7M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0205%	8h	153.01	+0.003%	$39.4M	$168.9M	75x	as long as short
Variational Omni SPCX	+0.0220%	8h	152.98	−0.015%	$6.0M	$3.5M	—	as long as short
Bitget SPCXUSDT	+0.0225%	8h	153.08	+0.049%	$31.8M	$66.6M	75x	as long as short
Extended SPCX-USD	+0.0232%	1h	152.94	−0.040%	$734K	$3.8M	10x	as long as short
Binance SPCXUSDTlong	+0.0233%	8h	153.00	long leg	$252.8M	$1.37B	75x
Nado SPCX-PERP	+0.0277%	1h	152.96	−0.030%	$620K	$844K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	153.14	+0.088%	$728K	$986K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.02	+0.010%	$445K	$270K	15x	as long as short
Aster SPCXUSD1	+0.0394%	8h	153.10	+0.064%	$19.0M	$17.9M	20x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.06	+0.036%	$408K	$539K	20x	as long as short
edgeX SPCXUSDC	+0.0426%	4h	153.00	0.000%	$1.7M	$894K	20x	as long as short