Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0035%/8h= −3.9% APRpaid last 24h +0.016%

Price spread now: Aevo against Bybit−0.012%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), 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	Bybit SPCXUSDT	153.16	0.0139	pay 0.0139% / 8h	7h 06m	$30.9M	$42.8M	100x
Short	Aevo SPCX-PERP	153.14	0.0104	get 0.0013% / 1h	6m 53s	$89	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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 BybitbpFee AevobpOrdersPrice spread, now −0.012%Rate

Funding earned: −$7.39
Price spread: −0.012% → 0.000%: −$1.19
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$35.59
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 2 min ago; Aevo: 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 Bybit live order book, 2 min ago	0.33 bp	7.4 bp −$7	11.3 bp −$113	46.9 bp −$4,685	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 −0.0327% / S +0.0527%	1h	153.10	−0.036%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.12	−0.026%	$96.4M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.640%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	153.05	−0.072%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.34	+0.118%	$8K	$954K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	153.09	−0.046%	$72K	$1.1M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.17	+0.007%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	153.00	−0.105%	$8K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	153.08	−0.052%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.07	−0.059%	$2.5M	$7.5M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.670%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.18	+0.013%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.11	−0.033%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.11	−0.033%	$1.7M	$86K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.12	−0.026%	$534K	$407K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.97	−0.124%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.11	−0.033%	$1.2M	$7.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0093%	8h	153.14	−0.011%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	153.07	−0.059%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.02	−0.091%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.04	−0.078%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.16	0.000%	$15K	$7K	10x	as long as short
Aevo SPCX-PERPshort	+0.0104%	1h	153.14	−0.012%	$89	—	10x
BloFin SPCX-USDT	+0.0123%	8h	153.15	−0.007%	$1.9M	$1.4M	75x	as long as short
Bybit SPCXUSDTlong	+0.0139%	8h	153.16	long leg	$30.9M	$42.8M	100x
Arcus SPCX-USD	+0.0194%	1h	153.05	−0.072%	$105K	$297K	5x	as long as short
tradeXYZ xyz:SPCX	+0.0208%	1h	153.10	−0.039%	$143.1M	$119.1M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0216%	8h	153.17	+0.007%	$39.3M	$169.1M	75x	as long as short
Bullet SPCX-USD	+0.0216%	1h	153.14	−0.013%	$11K	$189K	10x	as long as short
Variational Omni SPCX	+0.0229%	8h	153.08	−0.052%	$6.0M	$3.5M	—	as long as short
Nado SPCX-PERP	+0.0237%	1h	153.10	−0.042%	$621K	$852K	20x	as long as short
Extended SPCX-USD	+0.0240%	1h	153.09	−0.044%	$734K	$3.9M	10x	as long as short
Binance SPCXUSDT	+0.0243%	8h	153.13	−0.018%	$252.8M	$1.38B	75x	as long as short
Bitget SPCXUSDT	+0.0294%	8h	153.18	+0.013%	$31.7M	$66.7M	75x	as long as short
Phoenix SPCX	+0.0314%	1h	153.11	−0.033%	$445K	$271K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.14	−0.013%	$728K	$986K	10x	as long as short
Aster SPCXUSD1	+0.0388%	8h	153.14	−0.014%	$19.0M	$18.6M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.17	+0.007%	$401K	$535K	20x	as long as short
edgeX SPCXUSDC	+0.0902%	4h	153.10	−0.040%	$1.7M	$892K	20x	as long as short