Funding arb · Price arb /

SPCX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against Gate+13.225%111s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 13.225% dearer against Gate than usual: you sell high and buy low, +$1,323 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 111 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	Gate SPCX_USDT	152.37	0	get 0.0000% / 8h	1h 35m	$96.1M	$31.8M	100x
Short	GRVT SPCX_USDT_Perp	172.52	0	get 0.0000% / 8h	1h 35m	$4K	$882	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +13.225%Rate

Funding earned: $0
Price spread: +13.225% → 0.000%: $1,322.53
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $1,298.53
Costs to cover: 0.240%
Break-even: from the start

Slippage unknown: Gate: live order book, 3 min ago; GRVT: no order-book sample. Net counts fees only.

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, 3 min ago	0.98 bp	11.6 bp −$12	18.0 bp −$180	47.5 bp −$4,753	84.6 bp −$42.3K
Sell GRVT no order-book sample	—	—	—	—	—

GRVT: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	152.31	−0.036%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0013%	8h	152.43	+0.039%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.40	+0.020%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDTlong	0.0000%	8h	152.37	long leg	$96.1M	$31.8M	100x
Bitget SPCXUSDT	0.0000%	8h	152.41	+0.026%	$31.2M	$66.0M	75x	as long as short
GRVT SPCX_USDT_Perpshort	0.0000%	8h	172.52	+13.225%	$4K	$882	10x
StandX SPCX-USD	0.0000%	1h	152.38	+0.007%	$300K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.72	+0.230%	$8K	$896K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.49	+0.079%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0023%	1h	152.39	+0.015%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.32	−0.033%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0038%	1h	152.40	+0.020%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.34	−0.020%	$103K	$299K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.35	−0.013%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.37	0.000%	$1.7M	$97K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.39	+0.013%	$531K	$381K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.25	−0.079%	$3.2M	$2.2M	10x	as long as short
RISEx SPCX/USDC	+0.0072%	1h	152.44	+0.046%	$408K	$498K	20x	as long as short
Paradex SPCX-USD-PERP	+0.0089%	8h	152.42	+0.034%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0090%	8h	152.38	+0.005%	$5.9M	$2.8M	—	as long as short
tradeXYZ xyz:SPCX	+0.0093%	1h	152.31	−0.039%	$129.9M	$129.0M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.34	−0.020%	$169K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.28	−0.059%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.44	+0.046%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.41	+0.026%	$14K	$7K	10x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.37	+0.002%	$733K	$3.8M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.41	+0.024%	$88	—	10x	as long as short
Polymarket Perps SPCX-USD	+0.0105%	1h	152.38	+0.007%	$487K	$1.2M	10x	as long as short
Binance SPCXUSDT	+0.0109%	8h	152.41	+0.026%	$251.5M	$1.36B	75x	as long as short
Lighter SPCX	+0.0112%	1h	152.33	−0.026%	$1.6M	$7.4M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0119%	8h	152.41	+0.026%	$39.5M	$166.6M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.36	−0.007%	$732K	$938K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.38	+0.007%	$443K	$266K	15x	as long as short
Nado SPCX-PERP	+0.0241%	1h	152.27	−0.067%	$626K	$808K	20x	as long as short
Bullet SPCX-USD	+0.0270%	1h	152.41	+0.024%	$11K	$192K	10x	as long as short
Aster SPCXUSD1	+0.0372%	8h	152.54	+0.110%	$18.9M	$27.2M	20x	as long as short
edgeX SPCXUSDC	+0.0430%	4h	152.41	+0.023%	$1.7M	$891K	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.81	+0.289%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0538%	1h	152.36	−0.007%	$89K	$1.3M	10x	as long as short