Funding arb · Price arb /

SPCX

RWAall SPCX markets

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: SunX against Gate+0.157%7-day average +0.087% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$820.824% of the position

Long on Gate Short on SunX

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)−0.029%−$3 · spread now +0.157%, 7d avg +0.087%

Together, before fees−0.029%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.070% dearer against Gate than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.087%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SPCX_USDT	153.08	0	get 0.0000% / 8h	4h 42m	$96.3M	$31.3M	100x
Short	SunX SPCX-USDT	153.32	0	get 0.0000% / 8h	4h 42m	$8K	$936K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.157%Rate

Funding earned: $0
Price spread: +0.157% → +0.087%: $7.01
Slippage, 4 orders: −$59.4
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$75.39
Costs to cover: 0.824%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; SunX: live order book, 50 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	0.33 bp	11.2 bp −$11	15.6 bp −$156	46.9 bp −$4,686	87.2 bp −$43.6K
Sell SunX live order book, 50 min ago	21.88 bp	34.3 bp −$34	doesn't fit	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 −0.0314% / S +0.0531%	1h	153.06	−0.016%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.10	+0.013%	$30.8M	$42.9M	100x	as long as short
Gate SPCX_USDTlong	0.0000%	8h	153.08	long leg	$96.3M	$31.3M	100x
Bitget SPCXUSDT	0.0000%	8h	153.13	+0.033%	$31.7M	$65.4M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.702%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	153.01	−0.046%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDTshort	0.0000%	8h	153.32	+0.157%	$8K	$936K	10x
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	153.05	−0.020%	$73K	$1.2M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.10	+0.013%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0023%	1h	153.02	−0.036%	$8K	$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 SPCX	+0.0032%	1h	153.07	−0.007%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.02	−0.039%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.02	−0.039%	$105K	$297K	5x	as long as short
BloFin SPCX-USDT	+0.0045%	8h	153.12	+0.026%	$1.9M	$1.4M	75x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.10	+0.013%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.05	−0.020%	$1.2M	$6.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.06	−0.013%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.07	−0.007%	$1.7M	$95K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.09	+0.007%	$533K	$397K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.92	−0.105%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0065%	8h	153.11	+0.022%	$101	—	5x	as long as short
tradeXYZ xyz:SPCX	+0.0077%	1h	153.06	−0.013%	$141.5M	$119.2M	20x	as long as short
Bullet SPCX-USD	+0.0089%	1h	153.10	+0.016%	$11K	$192K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	153.00	−0.052%	$169K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.99	−0.059%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.01	−0.046%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.10	+0.013%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.10	+0.012%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0138%	1h	153.03	−0.032%	$617K	$824K	20x	as long as short
Variational Omni SPCX	+0.0154%	8h	153.07	−0.009%	$6.0M	$3.1M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0157%	8h	153.13	+0.033%	$39.5M	$167.0M	75x	as long as short
Binance SPCXUSDT	+0.0165%	8h	153.10	+0.013%	$252.2M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0168%	1h	153.06	−0.012%	$738K	$3.8M	10x	as long as short
RISEx SPCX/USDC	+0.0191%	1h	153.13	+0.036%	$410K	$530K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.04	−0.026%	$738K	$925K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.05	−0.020%	$445K	$268K	15x	as long as short
edgeX SPCXUSDC	+0.0297%	4h	153.05	−0.017%	$1.7M	$893K	20x	as long as short
Aster SPCXUSD1	+0.0411%	8h	153.15	+0.045%	$19.0M	$19.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.35	+0.176%	$9K	$28K	5.5x	as long as short