Funding arb · Price arb /

SPCX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0902%/8h= +98.8% APRpaid last 24h +0.033%

Price spread now: edgeX against Paradex−0.005%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropParadex: Active · edgeX: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$27 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SPCX-USD-PERP	152.64	0.0091	pay 0.0091% / 8h	2h 00m	$101	—	5x
Short	edgeX SPCXUSDC	152.63	0.0992	get 0.0496% / 4h	2h 00m	$1.7M	$893K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Paradex. 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 ParadexbpFee edgeXbpOrdersPrice spread, now −0.005%Rate

Funding earned: $189.42
Price spread: −0.005% → 0.000%: −$0.53
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $175.89
Costs to cover: 0.130%
Break-even: 0.5 days

Slippage unknown: Paradex: no order-book sample; edgeX: 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 Paradex no order-book sample	—	—	—	—	—
Sell edgeX live order book, 3 min ago	1.64 bp	6.1 bp −$6	7.2 bp −$72	21.7 bp −$2,174	doesn't fit

Paradex: 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 −0.0335% / S +0.0533%	1h	152.60	−0.022%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.64	+0.001%	$96.5M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.50	+13.014%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.66	+0.014%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.81	+0.112%	$8K	$991K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.61	−0.019%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.61	−0.018%	$7K	$10K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.56	−0.051%	$2.4M	$7.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.021%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.64	+0.001%	—	$1.1M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0048%	1h	152.57	−0.045%	$1.6M	$7.3M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.61	−0.019%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.61	−0.019%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.63	−0.005%	$540K	$406K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.49	−0.097%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0057%	1h	152.61	−0.019%	$1.2M	$7.6M	10x	as long as short
Paradex SPCX-USD-PERPlong	+0.0091%	8h	152.64	long leg	$101	—	5x
BloFin SPCX-USDT	+0.0096%	8h	152.67	+0.021%	$1.9M	$1.4M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.55	−0.058%	$175K	$135K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.51	−0.084%	$13.0M	$5.3M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.66	+0.014%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.65	+0.008%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.65	+0.009%	$89	—	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0143%	1h	152.63	−0.005%	$70K	$1.1M	10x	as long as short
Bybit SPCXUSDT	+0.0153%	8h	152.65	+0.008%	$30.7M	$42.3M	100x	as long as short
tradeXYZ xyz:SPCX	+0.0181%	1h	152.60	−0.025%	$129.9M	$107.3M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0187%	8h	152.65	+0.008%	$38.9M	$168.2M	75x	as long as short
Bullet SPCX-USD	+0.0189%	1h	152.63	−0.008%	$12K	$189K	10x	as long as short
Variational Omni SPCX	+0.0194%	8h	152.65	+0.006%	$6.1M	$4.3M	—	as long as short
Extended SPCX-USD	+0.0216%	1h	152.61	−0.018%	$715K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0216%	8h	152.63	−0.006%	$256.1M	$1.38B	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0232%	1h	152.71	+0.047%	$741K	$947K	10x	as long as short
Aster SPCXUSD1	+0.0247%	8h	152.70	+0.038%	$19.0M	$21.3M	20x	as long as short
Phoenix SPCX	+0.0262%	1h	152.68	+0.027%	$376K	$191K	15x	as long as short
Arcus SPCX-USD	+0.0293%	1h	152.56	−0.051%	$106K	$296K	5x	as long as short
Nado SPCX-PERP	+0.0296%	1h	152.53	−0.072%	$625K	$878K	20x	as long as short
Bitget SPCXUSDT	+0.0341%	8h	152.65	+0.008%	$31.1M	$66.5M	75x	as long as short
RISEx SPCX/USDC	+0.0462%	1h	152.68	+0.024%	$403K	$544K	20x	as long as short
edgeX SPCXUSDCshort	+0.0992%	4h	152.63	−0.005%	$1.7M	$893K	20x