Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0703%/8h= −76.9% APRpaid last 24h +0.050%

Price spread now: Orderly against edgeX+0.018%71s7-day average — · you sell dearer than you buy

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

Long on edgeX Short on Orderly

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—+ Points / potential airdropedgeX: Active · farm boardneeds 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: −$21 a day on $10k at the current rate. The two prices were read 71 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	edgeX SPCXUSDC	152.50	0.0803	pay 0.0401% / 4h	2h 52m	$1.7M	$892K	20x
Short	Orderly PERP_SPCX_USDC_mythos	152.53	0.0100	get 0.0100% / 8h	2h 52m	$14K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.018%Rate

Funding earned: −$147.54
Price spread: +0.018% → 0.000%: $1.85
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$160.69
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 2 min ago; Orderly: 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 edgeX live order book, 2 min ago	1.64 bp	6.1 bp −$6	7.2 bp −$72	21.8 bp −$2,181	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 −0.0224% / S +0.0463%	1h	152.44	−0.037%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.56	+0.038%	$96.3M	$31.5M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.60	+0.064%	$31.3M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.131%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.58	+0.051%	$300K	$2.8M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.76	+0.169%	$8K	$916K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.57	+0.045%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0003%	8h	152.59	+0.058%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0012%	8h	152.54	+0.025%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	152.41	−0.061%	$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	152.43	−0.047%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.44	−0.041%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.52	+0.012%	$1.2M	$5.6M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.53	+0.018%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.45	−0.034%	$131.1M	$128.5M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.50	−0.001%	$490K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.52	+0.012%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.56	+0.038%	$531K	$388K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.34	−0.106%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0064%	8h	152.55	+0.031%	$101	—	5x	as long as short
Lighter SPCX	+0.0064%	1h	152.46	−0.027%	$1.6M	$7.4M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.45	−0.034%	$169K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.46	−0.027%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.45	−0.034%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythosshort	+0.0100%	8h	152.53	+0.018%	$14K	$7K	10x
Aevo SPCX-PERP	+0.0104%	1h	152.55	+0.034%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0122%	8h	152.52	+0.011%	$6.0M	$2.9M	—	as long as short
Extended SPCX-USD	+0.0128%	1h	152.52	+0.012%	$731K	$4.6M	10x	as long as short
Binance SPCXUSDT	+0.0132%	8h	152.59	+0.058%	$250.7M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0142%	8h	152.61	+0.071%	$39.4M	$166.5M	75x	as long as short
Nado SPCX-PERP	+0.0174%	1h	152.42	−0.053%	$614K	$804K	20x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.59	+0.061%	$408K	$522K	20x	as long as short
Bullet SPCX-USD	+0.0246%	1h	152.58	+0.052%	$12K	$193K	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.041%	$739K	$931K	10x	as long as short
Phoenix SPCX	+0.0263%	1h	152.48	−0.014%	$443K	$266K	15x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0341%	1h	152.50	−0.001%	$87K	$1.2M	10x	as long as short
Aster SPCXUSD1	+0.0399%	8h	152.59	+0.058%	$18.9M	$24.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.67	+0.110%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDClong	+0.0803%	4h	152.50	long leg	$1.7M	$892K	20x