Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h −0.015%

Price spread now: Binance against Ondo Perps+0.062%7-day average +0.061% · you sell dearer than you buy

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

Long on Ondo Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.090%−$9 on $10k

Price spread, last 2 days (all we have)−0.012%−$1 · spread now +0.062%, 7d avg +0.061%

Together, before fees−0.102%+ Points / potential airdropOndo Perps: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.061%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.090%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps SPCX-USD.P	152.84	0.0050	pay 0.0006% / 1h	42m 58s	$3.2M	$2.7M	10x
Short	Binance SPCXUSDT	152.94	0.0198	get 0.0198% / 8h	42m 58s	$253.8M	$1.38B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Ondo Perps. 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 Ondo PerpsbpFee BinancebpOrdersPrice spread, now +0.062%Rate

Funding earned: $31.01
Price spread: +0.062% → +0.061%: $0.13
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Binance: 5 bp × 2 orders: −$10
Net: $16.14
Costs to cover: 0.150%
Break-even: 3.4 days

Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 16 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Binance live order book, 16 min ago	0.33 bp	5.3 bp −$5	5.9 bp −$59	11.0 bp −$1,097	22.1 bp −$11.0K

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 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 −0.0272% / S +0.0488%	1h	152.93	+0.056%	$89K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.91	+0.046%	$96.6M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.51	+12.872%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.89	+0.033%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.12	+0.183%	$8K	$971K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.94	+0.065%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0030%	1h	152.96	+0.076%	$8K	$10K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.90	+0.039%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.89	+0.033%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.885%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus SPCX-USD	+0.0040%	1h	152.87	+0.020%	$106K	$296K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.92	+0.052%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.91	+0.046%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.93	+0.059%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.92	+0.052%	$538K	$405K	50x	as long as short
Ondo Perps SPCX-USD.Plong	+0.0050%	1h	152.84	long leg	$3.2M	$2.7M	10x
QFEX SPCX-USD	+0.0052%	1h	152.90	+0.039%	$1.2M	$7.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0077%	8h	152.91	+0.046%	$101	—	5x	as long as short
BloFin SPCX-USDT	+0.0078%	8h	152.94	+0.065%	$1.9M	$1.4M	75x	as long as short
Bullet SPCX-USD	+0.0085%	1h	152.93	+0.057%	$11K	$188K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.84	0.000%	$173K	$132K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.83	−0.007%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.97	+0.085%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.96	+0.079%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.94	+0.066%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0140%	8h	152.93	+0.059%	$30.7M	$42.7M	100x	as long as short
Variational Omni SPCX	+0.0183%	8h	152.96	+0.076%	$6.0M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0190%	8h	152.95	+0.072%	$39.0M	$169.4M	75x	as long as short
Binance SPCXUSDTshort	+0.0198%	8h	152.94	+0.062%	$253.8M	$1.38B	75x
Extended SPCX-USD	+0.0200%	1h	152.91	+0.044%	$734K	$3.6M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0260%	1h	152.92	+0.052%	$143.6M	$118.5M	20x	as long as short
Phoenix SPCX	+0.0261%	1h	152.96	+0.079%	$446K	$269K	15x	as long as short
Nado SPCX-PERP	+0.0267%	1h	152.85	+0.006%	$602K	$884K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0273%	1h	152.92	+0.052%	$71K	$1.0M	10x	as long as short
Aster SPCXUSD1	+0.0279%	8h	153.02	+0.118%	$19.0M	$21.3M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.97	+0.085%	$733K	$970K	10x	as long as short
Bitget SPCXUSDT	+0.0307%	8h	152.95	+0.072%	$31.3M	$67.2M	75x	as long as short
RISEx SPCX/USDC	+0.0339%	1h	152.99	+0.098%	$403K	$538K	20x	as long as short
edgeX SPCXUSDC	+0.0795%	4h	152.93	+0.058%	$1.7M	$894K	20x	as long as short