Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0122%/8h= −13.3% APRpaid last 24h −0.034%

Price spread now: BloFin against Extended+0.013%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$180.183% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.265%−$27 on $10k

Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.013%, 7d avg +0.032%

Together, before fees−0.326%+ Points / potential airdropExtended: Active · farm board−$33 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SPCX-USD	153.07	0.0152	pay 0.0019% / 1h	23m 13s	$734K	$3.8M	10x
Short	BloFin SPCX-USDT	153.09	0.0030	get 0.0030% / 8h	4h 23m	$1.9M	$1.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$25.58
Price spread: +0.013% → +0.032%: −$1.94
Slippage, 4 orders: −$1.31
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$45.83
Costs to cover: 0.183%
Break-even: never at this rate

Slippage from Extended: live order book, 6 min ago; BloFin: live order book, 10 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, 6 min ago	0.33 bp	2.8 bp −$3	5.5 bp −$55	doesn't fit	doesn't fit
Sell BloFin live order book, 10 min ago	0.33 bp	6.3 bp −$6	6.8 bp −$68	9.5 bp −$951	16.5 bp −$8,232

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 −0.0253% / S +0.0486%	1h	153.06	−0.003%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.11	+0.026%	$30.8M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.09	+0.013%	$96.3M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.15	+0.052%	$31.7M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.708%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.99	−0.052%	$302K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.35	+0.183%	$8K	$938K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	153.04	−0.020%	$77K	$1.2M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.14	+0.046%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0023%	1h	153.03	−0.028%	$8K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SPCX-USDTshort	+0.0030%	8h	153.09	+0.013%	$1.9M	$1.3M	75x
Lighter SPCX	+0.0032%	1h	153.06	−0.007%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.02	−0.033%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.01	−0.039%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.09	+0.013%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.05	−0.013%	$1.2M	$6.0M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.07	0.000%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.07	0.000%	$1.7M	$97K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.11	+0.026%	$533K	$394K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.94	−0.085%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0062%	8h	153.10	+0.020%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.98	−0.059%	$169K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.02	−0.033%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.01	−0.039%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.10	+0.019%	$15K	$7K	10x	as long as short
Bullet SPCX-USD	+0.0103%	1h	153.11	+0.026%	$11K	$191K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0104%	1h	153.07	0.000%	$141.4M	$119.0M	20x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.09	+0.014%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0132%	1h	153.03	−0.029%	$617K	$822K	20x	as long as short
Variational Omni SPCX	+0.0137%	8h	153.05	−0.015%	$6.0M	$3.0M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0148%	8h	153.13	+0.039%	$39.5M	$166.9M	75x	as long as short
Binance SPCXUSDT	+0.0150%	8h	153.11	+0.025%	$252.2M	$1.37B	75x	as long as short
Extended SPCX-USDlong	+0.0152%	1h	153.07	long leg	$734K	$3.8M	10x
RISEx SPCX/USDC	+0.0191%	1h	153.13	+0.036%	$410K	$530K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.04	−0.020%	$738K	$925K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.07	0.000%	$445K	$268K	15x	as long as short
Aster SPCXUSD1	+0.0410%	8h	153.17	+0.065%	$18.9M	$21.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.50	+0.281%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0532%	4h	153.05	−0.014%	$1.7M	$892K	20x	as long as short