Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h +0.022%

Price spread now: Aster against Injective−0.124%7-day average — · you buy dearer than you sell

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

Long on Injective Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.124% cheaper against Injective than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective SPCX/USDC PERP	153.28	0.0440	pay 0.0055% / 1h	40m 48s	$9K	$27K	5.5x
Short	Aster SPCXUSD1	153.09	0.0406	get 0.0406% / 8h	5h 40m	$19.0M	$16.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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 InjectivebpFee AsterbpOrdersPrice spread, now −0.124%Rate

Funding earned: −$7.14
Price spread: −0.124% → 0.000%: −$12.37
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aster: 4 bp × 2 orders: −$8
Net: −$27.53
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; Aster: live order book, 3 min ago. 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 Injective no order-book sample	—	—	—	—	—
Sell Aster live order book, 3 min ago	0.33 bp	4.4 bp −$4	9.9 bp −$99	doesn't fit	doesn't fit

Injective: 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 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 −0.0333% / S +0.0531%	1h	153.00	−0.186%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.01	−0.176%	$96.1M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.556%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.93	−0.228%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.17	−0.072%	$8K	$940K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.97	−0.202%	$72K	$1.2M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.00	−0.183%	$1.3M	$1.7M	75x	as long as short
Bitget SPCXUSDT	+0.0015%	8h	153.06	−0.144%	$31.7M	$66.1M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	152.94	−0.224%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.99	−0.189%	$1.6M	$7.2M	20x	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	152.97	−0.202%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.92	−0.235%	$105K	$297K	5x	as long as short
Bybit SPCXUSDT	+0.0043%	8h	153.03	−0.163%	$30.8M	$42.8M	100x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.03	−0.163%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0048%	1h	153.00	−0.183%	$1.2M	$6.6M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.98	−0.196%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.00	−0.183%	$1.7M	$93K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.00	−0.183%	$534K	$404K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.80	−0.313%	$3.2M	$2.5M	10x	as long as short
BloFin SPCX-USDT	+0.0073%	8h	153.03	−0.163%	$1.9M	$1.4M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0075%	8h	153.01	−0.173%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.91	−0.241%	$169K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.97	−0.202%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.02	−0.170%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.05	−0.150%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.01	−0.173%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0137%	1h	153.04	−0.159%	$11K	$190K	10x	as long as short
Variational Omni SPCX	+0.0179%	8h	153.01	−0.179%	$6.0M	$3.1M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0181%	8h	153.05	−0.150%	$39.5M	$167.9M	75x	as long as short
tradeXYZ xyz:SPCX	+0.0190%	1h	153.00	−0.183%	$142.1M	$119.4M	20x	as long as short
Extended SPCX-USD	+0.0192%	1h	152.99	−0.191%	$736K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0193%	8h	153.03	−0.163%	$252.6M	$1.37B	75x	as long as short
RISEx SPCX/USDC	+0.0199%	1h	153.05	−0.150%	$408K	$549K	20x	as long as short
Nado SPCX-PERP	+0.0200%	1h	152.95	−0.215%	$622K	$832K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.01	−0.176%	$738K	$980K	10x	as long as short
Phoenix SPCX	+0.0262%	1h	152.97	−0.202%	$445K	$267K	15x	as long as short
Aster SPCXUSD1short	+0.0406%	8h	153.09	−0.124%	$19.0M	$16.0M	20x
Injective SPCX/USDC PERPlong	+0.0440%	1h	153.28	long leg	$9K	$27K	5.5x
edgeX SPCXUSDC	+0.0511%	4h	152.96	−0.207%	$1.7M	$891K	20x	as long as short