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: Gate against HTX−0.033%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$410.411% of the position

Long on HTX Short on Gate

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)−0.004%$0 · spread now −0.033%, 7d avg −0.034%

Together, before fees−0.004%$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SPCX-USDT	152.46	0	get 0.0000% / 8h	3h 08m	$1.3M	$1.8M	75x
Short	Gate SPCX_USDT	152.41	0	get 0.0000% / 8h	3h 08m	$96.2M	$31.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against HTX. 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 HTXbpFee GatebpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → −0.034%: $0.14
Slippage, 4 orders: −$14.09
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$40.96
Costs to cover: 0.411%
Break-even: never at this rate

Slippage from HTX: live order book, 1 min ago; Gate: 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 HTX live order book, 1 min ago	2.62 bp	8.6 bp −$9	8.6 bp −$86	29.8 bp −$2,980	doesn't fit
Sell Gate live order book, 1 min ago	0.33 bp	9.5 bp −$9	14.2 bp −$142	33.2 bp −$3,320	54.5 bp −$27.3K

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 −0.0265% / S +0.0494%	1h	152.32	−0.089%	$90K	—	20x	as long as short
Gate SPCX_USDTshort	0.0000%	8h	152.41	−0.033%	$96.2M	$31.6M	100x
Bitget SPCXUSDT	0.0000%	8h	152.46	0.000%	$31.3M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.167%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.47	+0.007%	$300K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.63	+0.112%	$8K	$918K	10x	as long as short
HTX SPCX-USDTlong	0.0000%	8h	152.46	long leg	$1.3M	$1.8M	75x
Bybit SPCXUSDT	+0.0008%	8h	152.42	−0.026%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0018%	8h	152.45	−0.007%	$1.9M	$1.3M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0029%	1h	152.42	−0.028%	$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	152.35	−0.072%	$2.5M	$7.4M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.37	−0.059%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.43	−0.020%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.38	−0.052%	$489K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.40	−0.039%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.44	−0.013%	$531K	$390K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.26	−0.131%	$3.2M	$2.4M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.41	−0.033%	$1.2M	$5.7M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0056%	8h	152.44	−0.012%	$101	—	5x	as long as short
Lighter SPCX	+0.0064%	1h	152.38	−0.052%	$1.6M	$7.5M	20x	as long as short
tradeXYZ xyz:SPCX	+0.0077%	1h	152.33	−0.085%	$131.0M	$128.3M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.33	−0.085%	$168K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.31	−0.098%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.39	−0.046%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.45	−0.007%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.42	−0.029%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0130%	8h	152.46	−0.002%	$6.0M	$2.9M	—	as long as short
Extended SPCX-USD	+0.0136%	1h	152.40	−0.042%	$731K	$4.7M	10x	as long as short
Binance SPCXUSDT	+0.0137%	8h	152.43	−0.022%	$250.3M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0141%	8h	152.46	0.000%	$39.4M	$166.3M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.40	−0.039%	$87K	$1.2M	10x	as long as short
Nado SPCX-PERP	+0.0191%	1h	152.35	−0.072%	$613K	$801K	20x	as long as short
Bullet SPCX-USD	+0.0197%	1h	152.44	−0.015%	$11K	$192K	10x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	152.47	+0.010%	$408K	$522K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.013%	$739K	$931K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	152.42	−0.026%	$443K	$264K	15x	as long as short
Aster SPCXUSD1	+0.0410%	8h	152.51	+0.033%	$18.9M	$24.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.19	+0.479%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0711%	4h	152.49	+0.018%	$1.7M	$891K	20x	as long as short