Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%

Price spread now: Gate against Bybit−0.013%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$380.376% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.039%−$4 on $10k

Price spread, last 7 days−0.004%$0 · spread now −0.013%, 7d avg −0.027%

Together, before fees−0.043%−$4 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SPCXUSDT	152.52	0	get 0.0000% / 8h	2h 56m	$30.6M	$42.7M	100x
Short	Gate SPCX_USDT	152.50	0	get 0.0000% / 8h	2h 56m	$96.2M	$31.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.013%Rate

Funding earned: $0
Price spread: −0.013% → −0.027%: $1.4
Slippage, 4 orders: −$11.56
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$36.16
Costs to cover: 0.376%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Gate: 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 Bybit live order book, 3 min ago	0.33 bp	6.9 bp −$7	10.8 bp −$108	38.8 bp −$3,879	doesn't fit
Sell Gate live order book, 3 min ago	0.66 bp	11.5 bp −$11	16.1 bp −$161	30.2 bp −$3,022	49.5 bp −$24.7K

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 −0.0224% / S +0.0463%	1h	152.41	−0.075%	$90K	—	20x	as long as short
Bybit SPCXUSDTlong	0.0000%	8h	152.52	long leg	$30.6M	$42.7M	100x
Gate SPCX_USDTshort	0.0000%	8h	152.50	−0.013%	$96.2M	$31.5M	100x
Bitget SPCXUSDT	0.0000%	8h	152.57	+0.033%	$31.4M	$65.8M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.120%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.51	−0.007%	$300K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.76	+0.157%	$8K	$916K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.60	+0.052%	$1.3M	$1.8M	75x	as long as short
BloFin SPCX-USDT	+0.0010%	8h	152.48	−0.026%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	152.35	−0.109%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.42	−0.066%	$2.5M	$7.2M	20x	as long as short
Lighter SPCX	+0.0040%	1h	152.45	−0.046%	$1.6M	$7.4M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.39	−0.085%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.48	−0.026%	$1.2M	$5.6M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.48	−0.026%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.40	−0.079%	$131.0M	$128.5M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.47	−0.033%	$490K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.50	−0.013%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.54	+0.013%	$531K	$387K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.34	−0.118%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0056%	8h	152.54	+0.011%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.43	−0.059%	$169K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.36	−0.105%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.49	−0.020%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.52	0.000%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.50	−0.012%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0121%	8h	152.43	−0.060%	$6.0M	$2.9M	—	as long as short
Extended SPCX-USD	+0.0128%	1h	152.50	−0.010%	$731K	$4.6M	10x	as long as short
Binance SPCXUSDT	+0.0130%	8h	152.54	+0.013%	$250.7M	$1.36B	75x	as long as short
Nado SPCX-PERP	+0.0136%	1h	152.42	−0.065%	$614K	$804K	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0140%	8h	152.55	+0.020%	$39.4M	$166.4M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.46	−0.039%	$87K	$1.2M	10x	as long as short
edgeX SPCXUSDC	+0.0194%	4h	152.43	−0.056%	$1.7M	$893K	20x	as long as short
Bullet SPCX-USD	+0.0209%	1h	152.53	+0.007%	$11K	$193K	10x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.54	+0.011%	$408K	$522K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.052%	$739K	$931K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	152.45	−0.046%	$443K	$264K	15x	as long as short
Aster SPCXUSD1	+0.0399%	8h	152.57	+0.030%	$18.9M	$24.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.61	+0.059%	$9K	$28K	5.5x	as long as short