Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0155%/8h= +16.9% APRpaid last 24h −0.020%

Price spread now: edgeX against Gate+0.094%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs+$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

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

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.702%+$70 on $10k

Price spread, last 7 days−0.096%−$10 · spread now +0.094%, 7d avg +0.003%

Together, before fees+0.606%+ Points / potential airdropedgeX: Active · farm board+$61 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and edgeX is 0.090% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SPCX_USDT	152.17	0	get 0.0000% / 8h	7h 55m	$96.1M	$31.6M	100x
Short	edgeX SPCXUSDC	152.31	0.0155	get 0.0077% / 4h	3h 55m	$1.7M	$889K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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 GatebpFee edgeXbpOrdersPrice spread, now +0.094%Rate

Funding earned: $32.46
Price spread: +0.094% → +0.003%: $9.05
Slippage, 4 orders: −$8.1
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $9.41
Costs to cover: 0.321%
Break-even: 5.0 days

Slippage from Gate: live order book, 4 min ago; edgeX: live order book, 4 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 Gate live order book, 4 min ago	0.99 bp	10.1 bp −$10	19.5 bp −$195	55.5 bp −$5,547	93.4 bp −$46.7K
Sell edgeX live order book, 4 min ago	1.64 bp	6.1 bp −$6	7.0 bp −$70	21.8 bp −$2,183	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 −0.0187% / S +0.0435%	1h	152.13	−0.023%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0009%	8h	152.23	+0.039%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.10	−0.046%	$30.5M	$42.9M	100x	as long as short
Gate SPCX_USDTlong	0.0000%	8h	152.17	long leg	$96.1M	$31.6M	100x
Bitget SPCXUSDT	0.0000%	8h	152.18	+0.007%	$31.1M	$66.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+13.374%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.36	+0.125%	$300K	$2.6M	20x	as long as short
Bullet SPCX-USD	0.0000%	1h	152.20	+0.017%	$11K	$192K	10x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.57	+0.263%	$8K	$871K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.20	+0.020%	$1.3M	$1.8M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0021%	1h	152.20	+0.020%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.07	−0.066%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.06	−0.072%	$2.5M	$7.2M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.17	0.000%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.20	+0.020%	$102K	$299K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.18	+0.007%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.06	−0.072%	$129.7M	$129.7M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.10	−0.046%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.16	−0.007%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.12	−0.033%	$529K	$368K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.25	+0.053%	$3.2M	$2.2M	10x	as long as short
Nado SPCX-PERP	+0.0063%	1h	152.13	−0.026%	$631K	$811K	20x	as long as short
Paradex SPCX-USD-PERP	+0.0068%	8h	152.22	+0.031%	$100	—	5x	as long as short
Variational Omni SPCX	+0.0095%	8h	152.32	+0.098%	$5.9M	$2.8M	—	as long as short
Pacifica SPCX	+0.0100%	1h	152.15	−0.013%	$168K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.15	−0.013%	$12.9M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.38	+0.138%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.21	+0.026%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.19	+0.015%	$88	—	10x	as long as short
Binance SPCXUSDT	+0.0111%	8h	152.18	+0.007%	$253.3M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0112%	1h	152.15	−0.015%	$723K	$5.3M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0126%	8h	152.20	+0.020%	$39.6M	$166.6M	75x	as long as short
edgeX SPCXUSDCshort	+0.0155%	4h	152.31	+0.094%	$1.7M	$889K	20x
RISEx SPCX/USDC	+0.0190%	1h	152.26	+0.061%	$381K	$506K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0276%	1h	152.12	−0.033%	$88K	$1.4M	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.34	+0.112%	$728K	$892K	10x	as long as short
Phoenix SPCX	+0.0368%	1h	152.35	+0.118%	$444K	$268K	15x	as long as short
Aster SPCXUSD1	+0.0380%	8h	152.22	+0.033%	$18.9M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.57	+0.263%	$9K	$28K	5.5x	as long as short