Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.016%

Price spread now: Polymarket Perps against HTX+0.013%46s7-day average −0.040% · you sell dearer than you buy

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

Long on HTX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.097%+$10 on $10k

Price spread, last 4 days (all we have)−0.057%−$6 · spread now +0.013%, 7d avg −0.040%

Together, before fees+0.040%+$4 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.053% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.040%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SPCX-USDT	152.22	0	get 0.0000% / 8h	7h 53m	$1.3M	$1.8M	75x
Short	Polymarket Perps SPCX-USD	152.24	0.0050	get 0.0006% / 1h	53m 23s	$488K	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket 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 Polymarket PerpsbpOrdersPrice spread, now +0.013%Rate

Funding earned: $10.5
Price spread: +0.013% → −0.040%: $5.26
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$4.24
Costs to cover: 0.200%
Break-even: 9.8 days

Slippage unknown: HTX: live order book, just now; Polymarket Perps: live order book, just now. 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, just now	0.33 bp	7.2 bp −$7	8.2 bp −$82	26.1 bp −$2,614	doesn't fit
Sell Polymarket Perps live order book, just now	213.10 bp	doesn't fit	doesn't fit	doesn't fit	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	152.14	−0.053%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0009%	8h	152.23	+0.007%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.38	+0.105%	$30.5M	$43.0M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.29	+0.046%	$96.2M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.39	+0.112%	$31.0M	$66.6M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.22	0.000%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.57	+0.230%	$8K	$869K	10x	as long as short
HTX SPCX-USDTlong	0.0000%	8h	152.22	long leg	$1.3M	$1.8M	75x
Bullet SPCX-USD	+0.0020%	1h	152.35	+0.085%	$11K	$192K	10x	as long as short
Aftermath Perps SPCXUSD	+0.0021%	1h	152.20	−0.013%	$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	152.28	+0.039%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.26	+0.026%	$2.5M	$7.2M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.31	+0.059%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.26	+0.026%	$102K	$299K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.32	+0.066%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.26	+0.026%	$130.0M	$129.5M	20x	as long as short
Polymarket Perps SPCX-USDshort	+0.0050%	1h	152.24	+0.013%	$488K	$1.2M	10x
SoDEX SPCX-USD	+0.0050%	1h	152.17	−0.033%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.20	−0.013%	$529K	$368K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.12	−0.066%	$3.2M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0068%	8h	152.35	+0.085%	$101	—	5x	as long as short
Nado SPCX-PERP	+0.0087%	1h	152.10	−0.077%	$635K	$816K	20x	as long as short
Variational Omni SPCX	+0.0095%	8h	152.32	+0.066%	$5.9M	$2.8M	—	as long as short
Pacifica SPCX	+0.0100%	1h	152.21	−0.007%	$168K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.17	−0.033%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.13	−0.059%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.22	0.000%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.20	−0.015%	$88	—	10x	as long as short
Binance SPCXUSDT	+0.0109%	8h	152.35	+0.085%	$253.6M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0112%	1h	152.26	+0.029%	$723K	$5.3M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0126%	8h	152.38	+0.105%	$39.5M	$167.3M	75x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.31	+0.060%	$381K	$506K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0210%	1h	152.19	−0.020%	$87K	$1.4M	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.18	−0.026%	$444K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.32	+0.066%	$737K	$910K	10x	as long as short
Aster SPCXUSD1	+0.0379%	8h	152.44	+0.142%	$18.9M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.57	+0.230%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0545%	4h	152.21	−0.009%	$1.7M	$889K	20x	as long as short