Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h +0.020%

Price spread now: StandX against edgeX+0.002%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$102as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$320.321% of the position

Long on edgeX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.695%−$69 on $10k

Price spread, last 7 days+0.016%+$2 · spread now +0.002%, 7d avg +0.047%

Together, before fees−0.679%+ Points / potential airdropedgeX: Active · StandX: Active · farm board−$68 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and StandX is 0.045% cheaper against edgeX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.047%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SPCXUSDC	152.36	0.0116	pay 0.0058% / 4h	1h 02m	$1.7M	$892K	20x
Short	StandX SPCX-USD	152.36	0	get 0.0000% / 1h	2m 57s	$300K	$2.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now +0.002%Rate

Funding earned: −$24.41
Price spread: +0.002% → +0.047%: −$4.46
Slippage, 4 orders: −$15.1
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee StandX: 4 bp × 2 orders: −$8
Net: −$60.97
Costs to cover: 0.321%
Break-even: never at this rate

Slippage from edgeX: live order book, 1 min ago; StandX: live order book, 1 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, 1 min ago	1.64 bp	6.1 bp −$6	7.0 bp −$70	19.6 bp −$1,958	doesn't fit
Sell StandX live order book, 1 min ago	5.91 bp	9.9 bp −$10	15.3 bp −$153	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	152.26	−0.060%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.33	−0.017%	$96.2M	$32.0M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.38	+0.015%	$31.2M	$66.0M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.241%	$4K	$882	10x	as long as short
StandX SPCX-USDshort	0.0000%	1h	152.36	+0.002%	$300K	$2.7M	20x
SunX SPCX-USDT	0.0000%	8h	152.61	+0.166%	$8K	$894K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.45	+0.061%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0015%	8h	152.35	−0.004%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0027%	8h	152.40	+0.029%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0029%	1h	152.30	−0.039%	$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	152.28	−0.050%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0038%	1h	152.33	−0.017%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.28	−0.050%	$103K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.28	−0.050%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.31	−0.031%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.35	−0.004%	$530K	$376K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.16	−0.129%	$3.2M	$2.2M	10x	as long as short
RISEx SPCX/USDC	+0.0072%	1h	152.38	+0.015%	$392K	$507K	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.25	−0.070%	$168K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.22	−0.090%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.40	+0.029%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.38	+0.015%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.34	−0.008%	$88	—	10x	as long as short
edgeX SPCXUSDClong	+0.0116%	4h	152.36	long leg	$1.7M	$892K	20x
tradeXYZ xyz:SPCX	+0.0123%	1h	152.27	−0.057%	$130.0M	$129.0M	20x	as long as short
Variational Omni SPCX	+0.0131%	8h	152.38	+0.014%	$5.9M	$2.8M	—	as long as short
Paradex SPCX-USD-PERP	+0.0133%	8h	152.34	−0.011%	$101	—	5x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.30	−0.039%	$724K	$3.6M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0146%	1h	152.32	−0.024%	$487K	$1.2M	10x	as long as short
Binance SPCXUSDT	+0.0147%	8h	152.34	−0.011%	$251.9M	$1.36B	75x	as long as short
Lighter SPCX	+0.0152%	1h	152.29	−0.044%	$1.6M	$7.4M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0155%	8h	152.37	+0.009%	$39.5M	$166.5M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.28	−0.050%	$732K	$923K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.38	+0.015%	$443K	$266K	15x	as long as short
Nado SPCX-PERP	+0.0266%	1h	152.20	−0.101%	$626K	$805K	20x	as long as short
Bullet SPCX-USD	+0.0301%	1h	152.35	−0.003%	$11K	$192K	10x	as long as short
Aster SPCXUSD1	+0.0408%	8h	152.46	+0.068%	$18.9M	$29.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.77	+0.271%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0604%	1h	152.32	−0.024%	$90K	$1.3M	10x	as long as short