Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0585%/8h= +64.1% APRpaid last 24h +0.141%

Price spread now: Aster against GMX+0.136%7-day average — · you sell dearer than you buy

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

Long on GMX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Aster is 0.136% dearer against GMX than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SPCX/USD [ETH-USDC]	152.54	L −0.0187% / S +0.0435%	get 0.0023% / 1h	12m 10s	$90K	—	20x
Short	Aster SPCXUSD1	152.75	0.0398	get 0.0398% / 8h	7h 12m	$19.0M	$30.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against GMX. 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 GMXbpFee AsterbpOrdersPrice spread, now +0.136%Rate

Funding earned: $122.89
Price spread: +0.136% → 0.000%: $13.61
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Aster: 4 bp × 2 orders: −$8
Net: $116.49
Costs to cover: 0.200%
Break-even: 0.4 days

Slippage unknown: GMX: no order-book sample; Aster: live order book, 2 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell Aster live order book, 2 min ago	0.33 bp	5.4 bp −$5	11.1 bp −$111	doesn't fit	doesn't fit

GMX: 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 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]long	L −0.0187% / S +0.0435%	1h	152.54	long leg	$90K	—	20x
BloFin SPCX-USDT	−0.0012%	8h	152.57	+0.016%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.62	+0.049%	$30.5M	$43.3M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.61	+0.043%	$96.2M	$32.6M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.68	+0.088%	$31.1M	$66.7M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.51	−0.023%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.80	+0.167%	$8K	$843K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.63	+0.056%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0012%	1h	152.60	+0.036%	$84K	$1.4M	10x	as long as short
Aftermath Perps SPCXUSD	+0.0018%	1h	152.43	−0.077%	$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
Lighter SPCX	+0.0032%	1h	152.57	+0.016%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.55	+0.003%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.56	+0.010%	$1.2M	$5.4M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.52	−0.016%	$102K	$295K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.61	+0.043%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.55	+0.003%	$129.7M	$130.0M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.51	−0.023%	$489K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.59	+0.029%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.59	+0.029%	$530K	$365K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.42	−0.082%	$3.1M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0059%	8h	152.54	0.000%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0087%	8h	152.49	−0.034%	$5.9M	$2.7M	—	as long as short
Nado SPCX-PERP	+0.0100%	1h	152.52	−0.017%	$632K	$811K	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.48	−0.043%	$169K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.49	−0.036%	$13.0M	$5.8M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.53	−0.010%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.62	+0.049%	$15K	$7K	10x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.59	+0.032%	$723K	$5.3M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.59	+0.027%	$88	—	10x	as long as short
Binance SPCXUSDT	+0.0108%	8h	152.62	+0.052%	$253.6M	$1.37B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0113%	8h	152.67	+0.082%	$39.3M	$168.4M	75x	as long as short
Bullet SPCX-USD	+0.0118%	1h	152.62	+0.049%	$11K	$192K	10x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.59	+0.027%	$381K	$507K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.60	+0.036%	$448K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.45	−0.062%	$689K	$1.0M	10x	as long as short
edgeX SPCXUSDC	+0.0379%	4h	152.56	+0.011%	$1.7M	$891K	20x	as long as short
Aster SPCXUSD1short	+0.0398%	8h	152.75	+0.136%	$19.0M	$30.7M	20x
Injective SPCX/USDC PERP	+0.0440%	1h	152.78	+0.154%	$9K	$28K	5.5x	as long as short