Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h +0.050%

Price spread now: Vest against BloFin−0.065%105s7-day average −0.121% · you buy dearer than you sell

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

Long on BloFin Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.151%+$15 on $10k

Price spread, last 3 days (all we have)+0.033%+$3 · spread now −0.065%, 7d avg −0.121%

Together, before fees+0.184%+ Points / potential airdropVest: Active · farm board+$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Vest is 0.055% dearer against BloFin than usual: you sell high and buy low (spread −0.065% now, against its 7-day average of −0.121%): +$6 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.0 days. Mind the row above: over the last 3 days funding on this pair paid +0.151%, so the current rate has only just turned against you. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SPCX-USDT	152.96	0.0077	pay 0.0077% / 8h	19m 31s	$1.9M	$1.4M	75x
Short	Vest SPCX-USD-PERP	152.86	0.0046	get 0.0006% / 1h	19m 31s	—	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$6.51
Price spread: −0.065% → −0.121%: $5.54
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$14.97
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: BloFin: live order book, 3 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 BloFin live order book, 3 min ago	0.33 bp	6.3 bp −$6	7.1 bp −$71	8.0 bp −$799	12.7 bp −$6,348
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 −0.0277% / S +0.0492%	1h	152.90	−0.042%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.88	−0.052%	$96.6M	$31.4M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.785%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.82	−0.092%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.10	+0.092%	$8K	$972K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.91	−0.033%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0030%	1h	152.82	−0.090%	$7K	$10K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.82	−0.092%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.805%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.83	−0.085%	$105K	$297K	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-PERPshort	+0.0046%	1h	152.86	−0.065%	—	$1.2M	10x
Polymarket Perps SPCX-USD	+0.0050%	1h	152.86	−0.065%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.91	−0.033%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.86	−0.065%	$535K	$410K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.79	−0.111%	$3.2M	$2.8M	10x	as long as short
QFEX SPCX-USD	+0.0052%	1h	152.86	−0.065%	$1.2M	$7.7M	10x	as long as short
BloFin SPCX-USDTlong	+0.0077%	8h	152.96	long leg	$1.9M	$1.4M	75x
Lighter SPCX	+0.0088%	1h	152.86	−0.065%	$1.6M	$7.4M	20x	as long as short
Paradex SPCX-USD-PERP	+0.0091%	8h	152.91	−0.036%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.82	−0.092%	$173K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.78	−0.118%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.85	−0.072%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.91	−0.033%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.93	−0.018%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0142%	1h	152.93	−0.020%	$11K	$188K	10x	as long as short
Bybit SPCXUSDT	+0.0150%	8h	152.90	−0.039%	$30.7M	$42.8M	100x	as long as short
Variational Omni SPCX	+0.0176%	8h	152.93	−0.017%	$6.0M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0195%	8h	152.91	−0.033%	$38.9M	$169.4M	75x	as long as short
Binance SPCXUSDT	+0.0198%	8h	152.91	−0.033%	$253.1M	$1.39B	75x	as long as short
Extended SPCX-USD	+0.0200%	1h	152.87	−0.058%	$734K	$3.6M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0252%	1h	152.87	−0.059%	$143.5M	$119.4M	20x	as long as short
Phoenix SPCX	+0.0261%	1h	152.91	−0.033%	$446K	$269K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.97	+0.007%	$733K	$970K	10x	as long as short
edgeX SPCXUSDC	+0.0281%	4h	152.91	−0.031%	$1.7M	$892K	20x	as long as short
Nado SPCX-PERP	+0.0294%	1h	152.77	−0.125%	$601K	$885K	20x	as long as short
Aster SPCXUSD1	+0.0295%	8h	152.98	+0.013%	$19.0M	$21.3M	20x	as long as short
Bitget SPCXUSDT	+0.0310%	8h	152.92	−0.026%	$31.2M	$67.3M	75x	as long as short
RISEx SPCX/USDC	+0.0339%	1h	152.94	−0.010%	$403K	$539K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0405%	1h	152.88	−0.052%	$71K	$1.0M	10x	as long as short