Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.010%

Price spread now: Binance against Extended+0.023%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$18as in the Funding arb table

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

costs, in and out, $10k−$180.176% of the position

Long on Extended Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 2 days (all we have)+0.018%+$2 · spread now +0.023%, 7d avg +0.024%

Together, before fees+0.014%+ Points / potential airdropExtended: Active · farm board+$1 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SPCX-USD	153.09	0.0248	pay 0.0031% / 1h	9m 02s	$734K	$3.9M	10x
Short	Binance SPCXUSDT	153.13	0.0244	get 0.0244% / 8h	7h 09m	$252.8M	$1.38B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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 ExtendedbpFee BinancebpOrdersPrice spread, now +0.023%Rate

Funding earned: −$0.83
Price spread: +0.023% → +0.024%: −$0.1
Slippage, 4 orders: −$2.62
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: −$18.54
Costs to cover: 0.176%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; Binance: live order book, 5 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 Extended live order book, 5 min ago	0.98 bp	3.5 bp −$3	6.1 bp −$61	doesn't fit	doesn't fit
Sell Binance live order book, 5 min ago	0.33 bp	5.3 bp −$5	5.5 bp −$55	9.9 bp −$988	22.0 bp −$11.0K

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 −0.0326% / S +0.0526%	1h	153.09	−0.006%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.11	+0.010%	$96.4M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.687%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.99	−0.068%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.34	+0.160%	$8K	$954K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	153.08	−0.010%	$72K	$1.1M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.15	+0.036%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	153.00	−0.061%	$8K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.05	−0.029%	$2.5M	$7.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.714%	$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	153.14	+0.030%	—	$1.2M	10x	as long as short
Lighter SPCX	+0.0048%	1h	153.07	−0.016%	$1.6M	$7.4M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.08	−0.010%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.09	−0.003%	$1.7M	$86K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.14	+0.030%	$534K	$407K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.92	−0.114%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.06	−0.023%	$1.2M	$7.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0095%	8h	153.15	+0.036%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	153.02	−0.049%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.04	−0.036%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.01	−0.055%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.13	+0.023%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.12	+0.015%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0124%	8h	153.13	+0.023%	$1.9M	$1.4M	75x	as long as short
Bybit SPCXUSDT	+0.0149%	8h	153.15	+0.036%	$30.9M	$42.8M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	153.03	−0.042%	$105K	$297K	5x	as long as short
tradeXYZ xyz:SPCX	+0.0215%	1h	153.08	−0.010%	$143.1M	$119.1M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0216%	8h	153.16	+0.043%	$39.3M	$169.1M	75x	as long as short
Bullet SPCX-USD	+0.0225%	1h	153.13	+0.023%	$12K	$189K	10x	as long as short
Variational Omni SPCX	+0.0229%	8h	153.08	−0.010%	$6.0M	$3.5M	—	as long as short
Nado SPCX-PERP	+0.0242%	1h	153.06	−0.020%	$621K	$852K	20x	as long as short
Binance SPCXUSDTshort	+0.0244%	8h	153.13	+0.023%	$252.8M	$1.38B	75x
Extended SPCX-USDlong	+0.0248%	1h	153.09	long leg	$734K	$3.9M	10x
Bitget SPCXUSDT	+0.0295%	8h	153.16	+0.043%	$31.7M	$66.7M	75x	as long as short
Phoenix SPCX	+0.0314%	1h	153.11	+0.010%	$445K	$271K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.01	−0.055%	$731K	$977K	10x	as long as short
edgeX SPCXUSDC	+0.0344%	4h	153.08	−0.011%	$1.7M	$892K	20x	as long as short
Aster SPCXUSD1	+0.0388%	8h	153.13	+0.023%	$19.0M	$18.6M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.13	+0.026%	$401K	$536K	20x	as long as short