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: SunX against HTX+0.125%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$790.791% of the position

Long on HTX Short on SunX

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)−0.039%−$4 · spread now +0.125%, 7d avg +0.053%

Together, before fees−0.039%−$4 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: SunX is 0.071% dearer against HTX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SPCX-USDT	152.57	0	get 0.0000% / 8h	2h 52m	$1.3M	$1.8M	75x
Short	SunX SPCX-USDT	152.76	0	get 0.0000% / 8h	2h 52m	$8K	$916K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.125%Rate

Funding earned: $0
Price spread: +0.125% → +0.053%: $7.11
Slippage, 4 orders: −$59.06
Fee HTX: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$71.95
Costs to cover: 0.791%
Break-even: never at this rate

Slippage from HTX: live order book, 1 min ago; SunX: live order book, 20 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	2.29 bp	9.6 bp −$10	10.2 bp −$102	14.4 bp −$1,436	doesn't fit
Sell SunX live order book, 20 min ago	21.96 bp	34.4 bp −$34	doesn't fit	doesn't fit	doesn't fit

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 −0.0224% / S +0.0463%	1h	152.44	−0.082%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.56	−0.007%	$96.3M	$31.5M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.60	+0.020%	$31.3M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.080%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.58	+0.007%	$300K	$2.8M	20x	as long as short
SunX SPCX-USDTshort	0.0000%	8h	152.76	+0.125%	$8K	$916K	10x
HTX SPCX-USDTlong	0.0000%	8h	152.57	long leg	$1.3M	$1.8M	75x
Bybit SPCXUSDT	+0.0003%	8h	152.59	+0.013%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0012%	8h	152.54	−0.020%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	152.41	−0.105%	$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	152.43	−0.092%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.44	−0.085%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.52	−0.033%	$1.2M	$5.6M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.53	−0.026%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.45	−0.079%	$131.1M	$128.5M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.50	−0.046%	$490K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.52	−0.033%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.56	−0.007%	$531K	$388K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.34	−0.151%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0064%	8h	152.55	−0.014%	$101	—	5x	as long as short
Lighter SPCX	+0.0064%	1h	152.46	−0.072%	$1.6M	$7.4M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.45	−0.079%	$169K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.46	−0.072%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.45	−0.079%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.53	−0.026%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.55	−0.011%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0122%	8h	152.52	−0.034%	$6.0M	$2.9M	—	as long as short
Extended SPCX-USD	+0.0128%	1h	152.52	−0.033%	$731K	$4.6M	10x	as long as short
Binance SPCXUSDT	+0.0132%	8h	152.59	+0.013%	$250.7M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0142%	8h	152.61	+0.026%	$39.4M	$166.5M	75x	as long as short
Nado SPCX-PERP	+0.0174%	1h	152.42	−0.098%	$614K	$804K	20x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.59	+0.016%	$408K	$522K	20x	as long as short
Bullet SPCX-USD	+0.0246%	1h	152.58	+0.007%	$12K	$193K	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.085%	$739K	$931K	10x	as long as short
Phoenix SPCX	+0.0263%	1h	152.48	−0.059%	$443K	$266K	15x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0341%	1h	152.50	−0.046%	$87K	$1.2M	10x	as long as short
Aster SPCXUSD1	+0.0399%	8h	152.59	+0.013%	$18.9M	$24.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.67	+0.066%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0803%	4h	152.50	−0.045%	$1.7M	$892K	20x	as long as short