Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0812%/8h= +89.0% APRpaid last 24h +0.035%

Price spread now: edgeX against Extended−0.008%53s7-day average +0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs+$43as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$190.192% of the position

Long on Extended Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.627%+$63 on $10k

Price spread, last 7 days+0.166%+$17 · spread now −0.008%, 7d avg +0.056%

Together, before fees+0.793%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$79 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.064% cheaper against Extended than usual: you would sell low and buy high (spread −0.008% now, against its 7-day average of +0.056%). If the spread goes back, that is −$6 on $10k: about 6 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.627% in total) that is about 17 hours. The two prices were read 53 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	Extended SPCX-USD	152.63	0.0048	pay 0.0006% / 1h	28m 43s	$728K	$5.3M	10x
Short	edgeX SPCXUSDC	152.62	0.0860	get 0.0430% / 4h	1h 28m	$1.7M	$891K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.008%Rate

Funding earned: $170.59
Price spread: −0.008% → +0.056%: −$6.41
Slippage, 4 orders: −$5.24
Fee Extended: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $144.94
Costs to cover: 0.192%
Break-even: 1.1 days

Slippage from Extended: live order book, 3 min ago; edgeX: live order book, 3 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, 3 min ago	0.98 bp	3.5 bp −$3	6.1 bp −$61	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	1.64 bp	6.1 bp −$6	7.1 bp −$71	20.1 bp −$2,011	doesn't fit

SPCX on 38 exchanges

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 −0.0187% / S +0.0435%	1h	152.56	−0.042%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0075%	8h	152.67	+0.026%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.69	+0.040%	$30.0M	$43.2M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.65	+0.013%	$96.3M	$32.7M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.71	+0.053%	$31.0M	$67.0M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.67	+0.026%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.86	+0.151%	$8K	$816K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.56	−0.046%	$44K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.73	+0.066%	$1.3M	$1.7M	75x	as long as short
Variational Omni SPCX	+0.0010%	8h	152.62	−0.007%	$5.9M	$2.7M	—	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0020%	1h	152.61	−0.011%	$7K	$7K	10x	as long as short
QFEX SPCX-USD	+0.0030%	1h	152.60	−0.019%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.61	−0.013%	$1.6M	$7.5M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.58	−0.033%	$2.5M	$7.3M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	+0.099%	$9K	$28K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.56	−0.046%	$103K	$292K	5x	as long as short
Binance SPCXUSDT	+0.0044%	8h	152.68	+0.033%	$251.7M	$1.38B	75x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.57	−0.039%	—	$1.2M	10x	as long as short
Extended SPCX-USDlong	+0.0048%	1h	152.63	long leg	$728K	$5.3M	10x
tradeXYZ xyz:SPCX	+0.0050%	1h	152.55	−0.052%	$128.3M	$129.9M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.62	−0.006%	$1.7M	$56K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.61	−0.013%	$532K	$371K	50x	as long as short
Paradex SPCX-USD-PERP	+0.0050%	8h	152.65	+0.013%	$101	—	5x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.55	−0.052%	$3.0M	$2.1M	10x	as long as short
RISEx SPCX/USDC	+0.0051%	1h	152.69	+0.042%	$351K	$518K	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0077%	8h	152.70	+0.046%	$39.5M	$168.5M	75x	as long as short
Bullet SPCX-USD	+0.0087%	1h	152.66	+0.020%	$12K	$191K	10x	as long as short
Polymarket Perps SPCX-USD	+0.0100%	1h	152.64	+0.007%	$486K	$1.1M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.55	−0.052%	$169K	$114K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.55	−0.052%	$13.0M	$6.3M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.66	+0.020%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.65	+0.013%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.59	−0.025%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0109%	1h	152.57	−0.039%	$633K	$805K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0136%	1h	152.70	+0.046%	$735K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0209%	1h	152.66	+0.020%	$448K	$271K	15x	as long as short
Aster SPCXUSD1	+0.0397%	8h	152.79	+0.105%	$19.0M	$30.6M	20x	as long as short
edgeX SPCXUSDCshort	+0.0860%	4h	152.62	−0.008%	$1.7M	$891K	20x