Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against HTX−0.124%7-day average −0.063% · you buy dearer than you sell

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

Long on HTX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.120%+$12 on $10k

Price spread, last 4 days (all we have)+0.100%+$10 · spread now −0.124%, 7d avg −0.063%

Together, before fees+0.220%+ Points / potential airdropOndo Perps: Active · farm board+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.061% cheaper against HTX than usual: you would sell low and buy high (spread −0.124% now, against its 7-day average of −0.063%). If the spread goes back, that is −$6 on $10k: about 4.1 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SPCX-USDT	152.72	0	get 0.0000% / 8h	4h 50m	$1.3M	$1.7M	75x
Short	Ondo Perps SPCX-USD.P	152.53	0.0050	get 0.0006% / 1h	50m 09s	$3.1M	$2.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.124%Rate

Funding earned: $10.58
Price spread: −0.124% → −0.063%: −$6.13
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$12.55
Costs to cover: 0.170%
Break-even: 15.3 days

Slippage unknown: HTX: live order book, 2 min ago; Ondo Perps: 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 HTX live order book, 2 min ago	0.98 bp	7.0 bp −$7	7.0 bp −$70	13.7 bp −$1,369	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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 exchanges

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	152.56	−0.101%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0073%	8h	152.68	−0.026%	$2.0M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.60	−0.079%	$30.1M	$42.5M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.56	−0.105%	$96.3M	$30.4M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.60	−0.079%	$31.1M	$66.7M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.67	−0.033%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.74	+0.013%	$8K	$809K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.39	−0.216%	$42K	$1.4M	10x	as long as short
HTX SPCX-USDTlong	0.0000%	8h	152.72	long leg	$1.3M	$1.7M	75x
Variational Omni SPCX	+0.0011%	8h	152.60	−0.076%	$5.9M	$2.7M	—	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0021%	1h	152.54	−0.116%	$7K	$7K	10x	as long as short
QFEX SPCX-USD	+0.0029%	1h	152.59	−0.085%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.51	−0.138%	$1.5M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.47	−0.164%	$2.5M	$7.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	+0.039%	$9K	$28K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.59	−0.085%	$103K	$293K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.59	−0.085%	—	$1.2M	10x	as long as short
Extended SPCX-USD	+0.0048%	1h	152.54	−0.120%	$700K	$5.3M	10x	as long as short
Binance SPCXUSDT	+0.0049%	8h	152.59	−0.084%	$252.1M	$1.37B	75x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.55	−0.111%	$128.2M	$129.4M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.54	−0.118%	$1.7M	$56K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.59	−0.085%	$532K	$377K	50x	as long as short
Ondo Perps SPCX-USD.Pshort	+0.0050%	1h	152.53	−0.124%	$3.1M	$2.1M	10x
Paradex SPCX-USD-PERP	+0.0051%	8h	152.61	−0.073%	$101	—	5x	as long as short
OKX SPCX-USDT-SWAP	+0.0087%	8h	152.62	−0.065%	$39.8M	$167.7M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.51	−0.138%	$169K	$114K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.49	−0.151%	$13.0M	$6.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.45	−0.177%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.57	−0.098%	$14K	$7K	10x	as long as short
RISEx SPCX/USDC	+0.0104%	1h	152.66	−0.039%	$351K	$482K	20x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.55	−0.110%	$88	—	10x	as long as short
Polymarket Perps SPCX-USD	+0.0147%	1h	152.64	−0.052%	$483K	$1.0M	10x	as long as short
Nado SPCX-PERP	+0.0176%	1h	152.57	−0.100%	$630K	$811K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.54	−0.118%	$732K	$1.1M	10x	as long as short
Bullet SPCX-USD	+0.0202%	1h	152.66	−0.039%	$11K	$190K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.54	−0.118%	$449K	$272K	15x	as long as short
Aster SPCXUSD1	+0.0421%	8h	152.68	−0.026%	$19.0M	$30.5M	20x	as long as short
edgeX SPCXUSDC	+0.0949%	4h	152.53	−0.125%	$1.7M	$889K	20x	as long as short