Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: StandX against HTX−0.098%45s7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$370.375% of the position

Long on HTX Short on StandX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 3 days (all we have)+0.099%+$10 · spread now −0.098%, 7d avg +0.003%

Together, before fees+0.106%+ Points / potential airdropStandX: Active · farm board+$11 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: StandX is 0.101% cheaper against HTX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of +0.003%. The two prices were read 45 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	153.13	0	get 0.0000% / 8h	6h 21m	$1.3M	$1.7M	75x
Short	StandX SPCX-USD	152.98	0	get 0.0000% / 1h	21m 28s	$302K	$3.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX 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 StandXbpOrdersPrice spread, now −0.098%Rate

Funding earned: $0
Price spread: −0.098% → +0.003%: −$10.12
Slippage, 4 orders: −$17.48
Fee HTX: 6 bp × 2 orders: −$12
Fee StandX: 4 bp × 2 orders: −$8
Net: −$47.6
Costs to cover: 0.375%
Break-even: never at this rate

Slippage from HTX: live order book, 2 min ago; StandX: live order book, 2 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, 2 min ago	0.33 bp	10.2 bp −$10	12.3 bp −$123	22.7 bp −$2,266	doesn't fit
Sell StandX live order book, 2 min ago	4.24 bp	10.4 bp −$10	15.4 bp −$154	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 −0.0344% / S +0.0539%	1h	153.04	−0.056%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.06	−0.046%	$96.0M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.666%	$4K	$882	10x	as long as short
StandX SPCX-USDshort	0.0000%	1h	152.98	−0.098%	$302K	$3.1M	20x
SunX SPCX-USDT	0.0000%	8h	153.36	+0.150%	$8K	$946K	10x	as long as short
HTX SPCX-USDTlong	0.0000%	8h	153.13	long leg	$1.3M	$1.7M	75x
Aftermath Perps SPCXUSD	+0.0025%	1h	152.97	−0.107%	$7K	$8K	10x	as long as short
edgeX SPCXUSDC	+0.0027%	4h	153.07	−0.039%	$1.7M	$893K	20x	as long as short
Lighter SPCX	+0.0032%	1h	153.05	−0.052%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.02	−0.072%	$2.5M	$7.3M	20x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPCX/USDC PERP	+0.0033%	1h	153.32	+0.124%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.01	−0.078%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.05	−0.052%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	153.05	−0.052%	$1.2M	$6.8M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.04	−0.059%	$501K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.07	−0.039%	$1.7M	$90K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.09	−0.026%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.91	−0.144%	$3.2M	$2.6M	10x	as long as short
Bybit SPCXUSDT	+0.0086%	8h	153.12	−0.007%	$30.8M	$43.0M	100x	as long as short
Paradex SPCX-USD-PERP	+0.0089%	8h	153.12	−0.008%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.97	−0.104%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.00	−0.085%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.14	+0.007%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.09	−0.026%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.09	−0.026%	$89	—	10x	as long as short
Bitget SPCXUSDT	+0.0146%	8h	153.13	0.000%	$31.9M	$66.2M	75x	as long as short
Bullet SPCX-USD	+0.0170%	1h	153.10	−0.022%	$11K	$189K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0180%	1h	153.05	−0.052%	$142.4M	$119.1M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0197%	8h	153.11	−0.013%	$39.4M	$169.0M	75x	as long as short
Variational Omni SPCX	+0.0207%	8h	153.07	−0.039%	$6.0M	$3.3M	—	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0208%	1h	153.04	−0.059%	$72K	$1.1M	10x	as long as short
Binance SPCXUSDT	+0.0222%	8h	153.09	−0.026%	$252.8M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0224%	1h	153.05	−0.053%	$736K	$3.8M	10x	as long as short
Nado SPCX-PERP	+0.0244%	1h	152.99	−0.091%	$622K	$838K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	152.97	−0.104%	$738K	$983K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.08	−0.033%	$445K	$270K	15x	as long as short
Aster SPCXUSD1	+0.0408%	8h	153.13	+0.001%	$19.0M	$14.8M	20x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.12	−0.003%	$408K	$539K	20x	as long as short