Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.019%

Price spread now: SoDEX against BloFin−0.026%7-day average −0.026% · 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−$49as in the Price arb table

costs, in and out, $10k−$490.494% of the position

Long on BloFin Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.153%+$15 on $10k

Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.026%, 7d avg −0.026%

Together, before fees+0.125%+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SPCX-USDT	152.71	−0.0058	get 0.0058% / 8h	5h 49m	$1.9M	$1.2M	75x
Short	SoDEX SPCX-USD	152.67	0.0050	get 0.0006% / 1h	49m 11s	$1.7M	$101K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against BloFin. 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 BloFinbpFee SoDEXbpOrdersPrice spread, now −0.026%Rate

Funding earned: $22.61
Price spread: −0.026% → −0.026%: $0
Slippage, 4 orders: −$29.42
Fee BloFin: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$26.82
Costs to cover: 0.494%
Break-even: 15.3 days

Slippage from BloFin: live order book, 2 min ago; SoDEX: live order book, 3 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 BloFin live order book, 2 min ago	0.65 bp	6.7 bp −$7	7.5 bp −$75	10.8 bp −$1,080	13.4 bp −$6,687
Sell SoDEX live order book, 3 min ago	0.33 bp	18.1 bp −$18	48.6 bp −$486	doesn't fit	doesn't fit

SPCX on 38 exchanges

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	152.63	−0.049%	$90K	—	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	−0.0078%	1h	152.60	−0.072%	$45K	$1.4M	10x	as long as short
BloFin SPCX-USDTlong	−0.0058%	8h	152.71	long leg	$1.9M	$1.2M	75x
Bybit SPCXUSDT	0.0000%	8h	152.72	+0.007%	$30.1M	$43.3M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.69	−0.013%	$96.3M	$32.6M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.74	+0.020%	$31.0M	$67.0M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.72	+0.007%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.94	+0.151%	$8K	$817K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.78	+0.046%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0020%	1h	152.72	+0.010%	$7K	$7K	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USD	+0.0030%	1h	152.65	−0.039%	$1.2M	$5.4M	10x	as long as short
Variational Omni SPCX	+0.0032%	8h	152.70	−0.009%	$5.9M	$2.7M	—	as long as short
Lighter SPCX	+0.0032%	1h	152.66	−0.033%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.65	−0.039%	$2.5M	$7.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	+0.046%	$9K	$28K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.63	−0.052%	$103K	$294K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.70	−0.007%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.67	−0.026%	$128.4M	$129.6M	20x	as long as short
SoDEX SPCX-USDshort	+0.0050%	1h	152.67	−0.026%	$1.7M	$101K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.66	−0.033%	$533K	$368K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.58	−0.085%	$3.0M	$2.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0050%	8h	152.67	−0.026%	$101	—	5x	as long as short
RISEx SPCX/USDC	+0.0051%	1h	152.75	+0.023%	$351K	$510K	20x	as long as short
Bullet SPCX-USD	+0.0052%	1h	152.74	+0.017%	$12K	$191K	10x	as long as short
Binance SPCXUSDT	+0.0063%	8h	152.73	+0.013%	$251.8M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0064%	1h	152.68	−0.020%	$724K	$5.3M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0087%	8h	152.74	+0.020%	$39.5M	$168.6M	75x	as long as short
Polymarket Perps SPCX-USD	+0.0094%	1h	152.74	+0.020%	$488K	$1.1M	10x	as long as short
Nado SPCX-PERP	+0.0095%	1h	152.68	−0.023%	$633K	$806K	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.60	−0.072%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.65	−0.039%	$13.0M	$6.2M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.75	+0.026%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.73	+0.013%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.68	−0.020%	$89	—	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0136%	1h	152.70	−0.007%	$735K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0209%	1h	152.68	−0.020%	$448K	$271K	15x	as long as short
Aster SPCXUSD1	+0.0400%	8h	152.89	+0.117%	$19.0M	$30.6M	20x	as long as short
edgeX SPCXUSDC	+0.0436%	4h	152.70	−0.009%	$1.7M	$890K	20x	as long as short