Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.025%

Price spread now: Extended against Gate−0.002%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$260.261% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 7 days−0.148%−$15 · spread now −0.002%, 7d avg −0.054%

Together, before fees−0.079%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Extended is 0.052% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SPCX_USDT	152.26	0	get 0.0000% / 8h	7h 57m	$96.2M	$31.6M	100x
Short	Extended SPCX-USD	152.26	0.0112	get 0.0014% / 1h	57m 38s	$723K	$5.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.002%Rate

Funding earned: $23.52
Price spread: −0.002% → −0.054%: $5.23
Slippage, 4 orders: −$6.13
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $2.62
Costs to cover: 0.261%
Break-even: 6.2 days

Slippage from Gate: live order book, 1 min ago; Extended: 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 Gate live order book, 1 min ago	0.99 bp	10.1 bp −$10	19.5 bp −$195	55.5 bp −$5,547	93.4 bp −$46.7K
Sell Extended live order book, 1 min ago	0.66 bp	3.2 bp −$3	6.0 bp −$60	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 −0.0187% / S +0.0435%	1h	152.21	−0.036%	$90K	—	20x	as long as short
Nado SPCX-PERP	−0.0042%	1h	152.26	+0.002%	$632K	$810K	20x	as long as short
BloFin SPCX-USDT	−0.0005%	8h	152.39	+0.085%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.28	+0.013%	$30.5M	$42.8M	100x	as long as short
Gate SPCX_USDTlong	0.0000%	8h	152.26	long leg	$96.2M	$31.6M	100x
Bitget SPCXUSDT	0.0000%	8h	152.30	+0.026%	$31.1M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+13.307%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.38	+0.079%	$300K	$2.6M	20x	as long as short
Bullet SPCX-USD	0.0000%	1h	152.29	+0.020%	$11K	$192K	10x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.57	+0.204%	$8K	$882K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.26	0.000%	$89K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.35	+0.059%	$1.3M	$1.8M	75x	as long as short
tradeXYZ xyz:SPCX	+0.0001%	1h	152.21	−0.033%	$129.6M	$129.4M	20x	as long as short
Aftermath Perps SPCXUSD	+0.0021%	1h	152.23	−0.021%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.23	−0.020%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.23	−0.020%	$2.5M	$7.2M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.26	0.000%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.27	+0.007%	$102K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.36	+0.066%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.30	+0.026%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.24	−0.013%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.28	+0.013%	$529K	$369K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.17	−0.059%	$3.2M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0069%	8h	152.27	+0.007%	$100	—	5x	as long as short
Variational Omni SPCX	+0.0098%	8h	152.27	+0.009%	$5.9M	$2.8M	—	as long as short
Pacifica SPCX	+0.0100%	1h	152.23	−0.020%	$168K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.18	−0.053%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.36	+0.066%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.31	+0.033%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.29	+0.019%	$88	—	10x	as long as short
Binance SPCXUSDT	+0.0112%	8h	152.30	+0.025%	$253.2M	$1.36B	75x	as long as short
Extended SPCX-USDshort	+0.0112%	1h	152.26	−0.002%	$723K	$5.3M	10x
OKX SPCX-USDT-SWAP	+0.0127%	8h	152.31	+0.033%	$39.7M	$166.7M	75x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.34	+0.053%	$381K	$506K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.34	+0.053%	$728K	$930K	10x	as long as short
Phoenix SPCX	+0.0368%	1h	152.32	+0.039%	$444K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0381%	8h	152.39	+0.088%	$18.9M	$30.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.53	+0.177%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0952%	4h	152.33	+0.047%	$1.7M	$891K	20x	as long as short