Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0182%/8h= +19.9% APRpaid last 24h +0.044%

Price spread now: RISEx against Paradex+0.023%7-day average — · you sell dearer than you buy

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

Long on Paradex Short on RISEx

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 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and RISEx is 0.023% dearer against Paradex than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SPCX-USD-PERP	152.74	0.0056	pay 0.0056% / 8h	2h 05m	$101	—	5x
Short	RISEx SPCX/USDC	152.78	0.0238	get 0.0030% / 1h	5m 26s	$409K	$513K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.023%Rate

Funding earned: $38.2
Price spread: +0.023% → 0.000%: $2.25
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee RISEx: 3 bp × 2 orders: −$6
Net: $30.45
Costs to cover: 0.100%
Break-even: 1.4 days

Slippage unknown: Paradex: no order-book sample; RISEx: live order book, 43 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 RISEx live order book, 43 min ago	1.64 bp	4.6 bp −$5	5.2 bp −$52	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 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 −0.0187% / S +0.0435%	1h	152.66	−0.056%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0020%	8h	152.69	−0.033%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.74	0.000%	$30.7M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.71	−0.020%	$96.2M	$31.9M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.75	+0.006%	$31.2M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.958%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.78	+0.026%	$301K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.96	+0.144%	$8K	$898K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.79	+0.032%	$1.3M	$1.8M	75x	as long as short
edgeX SPCXUSDC	+0.0007%	4h	152.75	+0.008%	$1.7M	$892K	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0017%	1h	152.67	−0.046%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.67	−0.046%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.65	−0.059%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.66	−0.053%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.69	−0.033%	$1.2M	$5.5M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.75	+0.006%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.65	−0.059%	$130.2M	$129.0M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.68	−0.040%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.70	−0.027%	$1.7M	$96K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.75	+0.006%	$531K	$385K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.59	−0.099%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERPlong	+0.0056%	8h	152.74	long leg	$101	—	5x
Deribit SPCX_USDC-PERPETUAL	+0.0078%	1h	152.70	−0.027%	$88K	$1.3M	10x	as long as short
Variational Omni SPCX	+0.0081%	8h	152.73	−0.008%	$6.0M	$2.8M	—	as long as short
Nado SPCX-PERP	+0.0095%	1h	152.67	−0.044%	$613K	$801K	20x	as long as short
Extended SPCX-USD	+0.0096%	1h	152.69	−0.035%	$731K	$4.6M	10x	as long as short
Binance SPCXUSDT	+0.0097%	8h	152.74	0.000%	$250.1M	$1.36B	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.68	−0.040%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.63	−0.072%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.69	−0.033%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.74	0.000%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.73	−0.004%	$89	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0113%	8h	152.75	+0.006%	$39.6M	$166.8M	75x	as long as short
Bullet SPCX-USD	+0.0122%	1h	152.75	+0.006%	$11K	$193K	10x	as long as short
RISEx SPCX/USDCshort	+0.0238%	1h	152.78	+0.023%	$409K	$513K	20x
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.70	−0.027%	$731K	$938K	10x	as long as short
Phoenix SPCX	+0.0263%	1h	152.77	+0.019%	$444K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0354%	8h	152.78	+0.024%	$18.9M	$24.8M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.00	+0.170%	$9K	$28K	5.5x	as long as short