Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.004%

Price spread now: Extended against Paradex−0.010%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 Extended

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 · Extended: 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: +$1 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	152.66	0.0056	pay 0.0056% / 8h	6h 54m	$101	—	5x
Short	Extended SPCX-USD	152.64	0.0096	get 0.0012% / 1h	54m 34s	$725K	$5.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.010%Rate

Funding earned: $8.47
Price spread: −0.010% → 0.000%: −$0.95
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$1.48
Costs to cover: 0.090%
Break-even: 8.2 days

Slippage unknown: Paradex: no order-book sample; Extended: live order book, 4 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 Extended live order book, 4 min ago	0.98 bp	3.5 bp −$3	6.1 bp −$61	doesn't fit	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 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 −0.0187% / S +0.0435%	1h	152.63	−0.015%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0027%	8h	152.79	+0.086%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.69	+0.021%	$30.4M	$43.4M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.66	+0.001%	$96.0M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.71	+0.034%	$31.0M	$66.8M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.66	+0.001%	$305K	$2.6M	20x	as long as short
Bullet SPCX-USD	0.0000%	1h	152.73	+0.047%	$10K	$191K	10x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.12	+0.302%	$8K	$840K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.85	+0.126%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0012%	1h	152.71	+0.034%	$82K	$1.4M	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0014%	1h	152.73	+0.049%	$7K	$7K	10x	as long as short
QFEX SPCX-USD	+0.0031%	1h	152.64	−0.012%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.62	−0.025%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.61	−0.032%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.58	−0.051%	$103K	$295K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.77	+0.073%	—	$1.3M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.65	−0.005%	$129.6M	$129.4M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.73	+0.047%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.68	+0.014%	$1.7M	$100K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.67	+0.008%	$531K	$364K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.67	+0.008%	$3.1M	$2.2M	10x	as long as short
Nado SPCX-PERP	+0.0054%	1h	152.75	+0.057%	$634K	$807K	20x	as long as short
Paradex SPCX-USD-PERPlong	+0.0056%	8h	152.66	long leg	$101	—	5x
RISEx SPCX/USDC	+0.0068%	1h	152.70	+0.027%	$382K	$507K	20x	as long as short
Variational Omni SPCX	+0.0076%	8h	152.78	+0.077%	$5.9M	$2.8M	—	as long as short
Binance SPCXUSDT	+0.0092%	8h	152.69	+0.022%	$252.0M	$1.38B	75x	as long as short
Extended SPCX-USDshort	+0.0096%	1h	152.64	−0.010%	$725K	$5.4M	10x
OKX SPCX-USDT-SWAP	+0.0100%	8h	152.69	+0.021%	$39.4M	$168.8M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.65	−0.005%	$169K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.65	−0.005%	$13.0M	$5.9M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.70	+0.027%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.74	+0.054%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.72	+0.040%	$89	—	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0184%	1h	152.67	+0.008%	$687K	$1.0M	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.73	+0.047%	$449K	$271K	15x	as long as short
Aster SPCXUSD1	+0.0397%	8h	152.83	+0.112%	$19.0M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.78	+0.080%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0672%	4h	152.77	+0.072%	$1.7M	$889K	20x	as long as short