Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: HTX against Gate+0.052%7-day average +0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$370.367% of the position

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.026%−$3 · spread now +0.052%, 7d avg +0.035%

Together, before fees−0.026%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SPCX_USDT	152.76	0	get 0.0000% / 8h	6h 55m	$96.1M	$31.8M	100x
Short	HTX SPCX-USDT	152.84	0	get 0.0000% / 8h	6h 55m	$1.3M	$1.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.052%Rate

Funding earned: $0
Price spread: +0.052% → +0.035%: $1.76
Slippage, 4 orders: −$9.67
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$34.9
Costs to cover: 0.367%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; HTX: 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 Gate live order book, 3 min ago	0.65 bp	9.4 bp −$9	17.0 bp −$170	46.6 bp −$4,657	84.4 bp −$42.2K
Sell HTX live order book, 3 min ago	0.33 bp	11.3 bp −$11	13.8 bp −$138	18.4 bp −$1,844	doesn't fit

SPCX on 38 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	152.74	−0.016%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0025%	8h	152.80	+0.026%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.80	+0.026%	$30.4M	$43.3M	100x	as long as short
Gate SPCX_USDTlong	0.0000%	8h	152.76	long leg	$96.1M	$31.8M	100x
Bitget SPCXUSDT	0.0000%	8h	152.82	+0.039%	$31.0M	$66.8M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.71	−0.033%	$305K	$2.6M	20x	as long as short
Bullet SPCX-USD	0.0000%	1h	152.80	+0.029%	$11K	$191K	10x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.12	+0.236%	$8K	$840K	10x	as long as short
HTX SPCX-USDTshort	0.0000%	8h	152.84	+0.052%	$1.3M	$1.7M	75x
Aftermath Perps SPCXUSD	+0.0013%	1h	152.71	−0.030%	$7K	$7K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USD	+0.0031%	1h	152.76	0.000%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.73	−0.020%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.70	−0.039%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.71	−0.033%	$103K	$295K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.79	+0.020%	—	$1.3M	10x	as long as short
Nado SPCX-PERP	+0.0048%	1h	152.73	−0.019%	$634K	$807K	20x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.71	−0.033%	$129.6M	$130.4M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.78	+0.013%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.76	0.000%	$1.7M	$100K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.77	+0.007%	$531K	$363K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.67	−0.059%	$3.1M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0056%	8h	152.77	+0.008%	$101	—	5x	as long as short
RISEx SPCX/USDC	+0.0068%	1h	152.81	+0.033%	$382K	$507K	20x	as long as short
Variational Omni SPCX	+0.0076%	8h	152.78	+0.010%	$5.9M	$2.8M	—	as long as short
Binance SPCXUSDT	+0.0093%	8h	152.78	+0.013%	$252.2M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0096%	1h	152.73	−0.017%	$723K	$5.4M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.70	−0.039%	$169K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.71	−0.033%	$13.0M	$5.9M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.84	+0.052%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.79	+0.020%	$15K	$7K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0102%	8h	152.79	+0.020%	$39.4M	$168.9M	75x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.77	+0.005%	$89	—	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0143%	1h	152.78	+0.013%	$82K	$1.4M	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0184%	1h	152.67	−0.059%	$687K	$1.0M	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.73	−0.020%	$449K	$271K	15x	as long as short
Aster SPCXUSD1	+0.0397%	8h	152.91	+0.098%	$19.0M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.78	+0.013%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0849%	4h	152.77	+0.009%	$1.7M	$888K	20x	as long as short