Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0748%/8h= −82.0% APRpaid last 24h −0.034%

Price spread now: SoDEX against edgeX+0.008%7-day average −0.016% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$490.485% of the position

Long on edgeX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.349%−$35 on $10k

Price spread, last 3 days (all we have)−0.084%−$8 · spread now +0.008%, 7d avg −0.016%

Together, before fees−0.432%+ Points / potential airdropedgeX: Active · farm board−$43 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SoDEX is 0.024% dearer against edgeX than usual: you sell high and buy low (spread +0.008% now, against its 7-day average of −0.016%): +$2 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 3 hours. At the pace of the last 3 days (−0.349% in total) that is about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SPCXUSDC	152.65	0.0798	pay 0.0399% / 4h	1h 06m	$1.7M	$892K	20x
Short	SoDEX SPCX-USD	152.66	0.0050	get 0.0006% / 1h	6m 50s	$1.7M	$79K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.008%Rate

Funding earned: −$157.17
Price spread: +0.008% → −0.016%: $2.4
Slippage, 4 orders: −$31.5
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$203.27
Costs to cover: 0.485%
Break-even: never at this rate

Slippage from edgeX: live order book, 2 min ago; SoDEX: live order book, 2 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, 2 min ago	1.64 bp	6.1 bp −$6	7.2 bp −$72	20.2 bp −$2,025	doesn't fit
Sell SoDEX live order book, 2 min ago	0.33 bp	18.1 bp −$18	52.0 bp −$520	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 −0.0272% / S +0.0488%	1h	152.66	+0.005%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.68	+0.021%	$96.6M	$30.9M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+13.016%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.71	+0.041%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.89	+0.159%	$8K	$977K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.67	+0.015%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	152.56	−0.057%	$7K	$10K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.62	−0.018%	$1.7M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.61	−0.025%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.015%	$9K	$27K	5.5x	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-PERP	+0.0046%	1h	152.63	−0.011%	—	$1.1M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.66	+0.008%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USDshort	+0.0050%	1h	152.66	+0.008%	$1.7M	$79K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.69	+0.028%	$538K	$404K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.52	−0.084%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0066%	1h	152.67	+0.015%	$1.2M	$7.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0081%	8h	152.68	+0.024%	$101	—	5x	as long as short
BloFin SPCX-USDT	+0.0082%	8h	152.70	+0.034%	$1.9M	$1.4M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.59	−0.038%	$175K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.55	−0.064%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.69	+0.028%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.67	+0.015%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.69	+0.031%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0125%	1h	152.70	+0.033%	$11K	$188K	10x	as long as short
Bybit SPCXUSDT	+0.0146%	8h	152.72	+0.047%	$30.8M	$42.4M	100x	as long as short
tradeXYZ xyz:SPCX	+0.0174%	1h	152.65	+0.002%	$131.0M	$108.1M	20x	as long as short
Variational Omni SPCX	+0.0178%	8h	152.64	−0.002%	$6.0M	$3.9M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0193%	8h	152.72	+0.047%	$39.0M	$168.6M	75x	as long as short
Extended SPCX-USD	+0.0200%	1h	152.66	+0.011%	$739K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0202%	8h	152.69	+0.031%	$255.6M	$1.38B	75x	as long as short
Arcus SPCX-USD	+0.0227%	1h	152.63	−0.011%	$106K	$296K	5x	as long as short
Nado SPCX-PERP	+0.0249%	1h	152.55	−0.066%	$625K	$871K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	152.63	−0.011%	$741K	$947K	10x	as long as short
Aster SPCXUSD1	+0.0259%	8h	152.77	+0.077%	$19.0M	$21.8M	20x	as long as short
Phoenix SPCX	+0.0314%	1h	152.65	+0.002%	$445K	$196K	15x	as long as short
Bitget SPCXUSDT	+0.0318%	8h	152.71	+0.041%	$31.0M	$66.6M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0340%	1h	152.65	+0.002%	$70K	$1.1M	10x	as long as short
RISEx SPCX/USDC	+0.0543%	1h	152.72	+0.048%	$402K	$548K	20x	as long as short
edgeX SPCXUSDClong	+0.0798%	4h	152.65	long leg	$1.7M	$892K	20x