Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0066%/8h= −7.2% APRpaid last 24h +0.051%

Price spread now: Aster against edgeX+0.087%7-day average +0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$220.221% of the position

Long on edgeX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.629%−$63 on $10k

Price spread, last 7 days−0.045%−$4 · spread now +0.087%, 7d avg +0.043%

Together, before fees−0.674%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$67 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.045% dearer against edgeX than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of +0.043%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.629% in total) that is about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SPCXUSDC	152.32	0.0472	pay 0.0236% / 4h	40m 53s	$1.7M	$890K	20x
Short	Aster SPCXUSD1	152.45	0.0406	get 0.0406% / 8h	40m 53s	$18.9M	$28.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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 edgeXbpFee AsterbpOrdersPrice spread, now +0.087%Rate

Funding earned: −$13.76
Price spread: +0.087% → +0.043%: $4.5
Slippage, 4 orders: −$5.06
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$31.32
Costs to cover: 0.221%
Break-even: never at this rate

Slippage from edgeX: live order book, 3 min ago; Aster: 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 edgeX live order book, 3 min ago	1.97 bp	6.5 bp −$6	6.8 bp −$68	14.0 bp −$1,399	doesn't fit
Sell Aster live order book, 3 min ago	0.33 bp	4.8 bp −$5	8.9 bp −$89	doesn't fit	doesn't fit

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 −0.0234% / S +0.0471%	1h	152.28	−0.024%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.33	+0.006%	$96.2M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.38	+0.039%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.265%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.37	+0.032%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.60	+0.183%	$8K	$893K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.42	+0.065%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0014%	8h	152.36	+0.025%	$30.5M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0021%	8h	152.38	+0.039%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	152.24	−0.050%	$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	152.29	−0.020%	$2.5M	$7.2M	20x	as long as short
Lighter SPCX	+0.0040%	1h	152.31	−0.007%	$1.6M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.26	−0.040%	$103K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.33	+0.006%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.28	−0.027%	$129.9M	$129.2M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.32	−0.001%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.32	−0.001%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.34	+0.012%	$530K	$373K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.19	−0.086%	$3.2M	$2.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.32	−0.001%	$1.2M	$5.5M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.26	−0.040%	$168K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.23	−0.060%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.32	−0.001%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.35	+0.019%	$14K	$7K	10x	as long as short
Paradex SPCX-USD-PERP	+0.0102%	8h	152.34	+0.012%	$101	—	5x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.35	+0.020%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0127%	8h	152.34	+0.009%	$5.9M	$2.8M	—	as long as short
Binance SPCXUSDT	+0.0141%	8h	152.36	+0.024%	$252.8M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.31	−0.007%	$724K	$3.8M	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.30	−0.014%	$89K	$1.4M	10x	as long as short
Bullet SPCX-USD	+0.0154%	1h	152.37	+0.029%	$11K	$193K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0154%	8h	152.38	+0.039%	$39.7M	$166.8M	75x	as long as short
Nado SPCX-PERP	+0.0180%	1h	152.27	−0.033%	$627K	$803K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	+0.012%	$728K	$930K	10x	as long as short
Phoenix SPCX	+0.0368%	1h	152.35	+0.019%	$443K	$266K	15x	as long as short
Aster SPCXUSD1short	+0.0406%	8h	152.45	+0.087%	$18.9M	$28.8M	20x
Injective SPCX/USDC PERP	+0.0440%	1h	152.55	+0.150%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.39	+0.044%	$381K	$507K	20x	as long as short
edgeX SPCXUSDClong	+0.0472%	4h	152.32	long leg	$1.7M	$890K	20x