Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0319%/8h= +34.9% APRpaid last 24h +0.017%

Price spread now: Aster against Polymarket Perps+0.065%7-day average +0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$220.217% of the position

Long on Polymarket Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 7 days+0.069%+$7 · spread now +0.065%, 7d avg +0.084%

Together, before fees+0.046%+ Points / potential airdropAster: Stage 5 · farm board+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.084%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.023% in total (about -1.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SPCX-USD	152.61	0.0050	pay 0.0006% / 1h	18m 18s	$488K	$1.2M	10x
Short	Aster SPCXUSD1	152.71	0.0369	get 0.0369% / 8h	2h 18m	$18.9M	$24.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Polymarket 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 Polymarket PerpsbpFee AsterbpOrdersPrice spread, now +0.065%Rate

Funding earned: $66.91
Price spread: +0.065% → +0.084%: −$1.89
Slippage, 4 orders: −$5.66
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: $43.36
Costs to cover: 0.217%
Break-even: 2.5 days

Slippage from Polymarket Perps: live order book, 5 min ago; Aster: live order book, 6 min ago.

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 Polymarket Perps live order book, 5 min ago	1.97 bp	6.0 bp −$6	6.4 bp −$64	8.1 bp −$810	doesn't fit
Sell Aster live order book, 6 min ago	0.33 bp	5.4 bp −$5	9.4 bp −$94	doesn't fit	doesn't fit

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	152.56	−0.036%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0008%	8h	152.64	+0.020%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.70	+0.059%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.64	+0.020%	$96.2M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.70	+0.059%	$31.3M	$65.8M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.051%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.67	+0.039%	$300K	$2.8M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.82	+0.138%	$8K	$906K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.74	+0.085%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0019%	1h	152.46	−0.096%	$7K	$8K	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	+0.0032%	1h	152.60	−0.007%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.57	−0.026%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.52	−0.059%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.61	0.000%	$1.2M	$5.5M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.64	+0.020%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.56	−0.033%	$130.9M	$128.6M	20x	as long as short
Polymarket Perps SPCX-USDlong	+0.0050%	1h	152.61	long leg	$488K	$1.2M	10x
SoDEX SPCX-USD	+0.0050%	1h	152.65	+0.026%	$1.7M	$96K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.70	+0.059%	$531K	$387K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.47	−0.092%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0058%	8h	152.64	+0.019%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.52	−0.059%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.55	−0.039%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.58	−0.020%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.65	+0.026%	$15K	$7K	10x	as long as short
Variational Omni SPCX	+0.0102%	8h	152.59	−0.014%	$6.0M	$2.8M	—	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.66	+0.033%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0111%	1h	152.54	−0.047%	$612K	$803K	20x	as long as short
Binance SPCXUSDT	+0.0112%	8h	152.70	+0.059%	$250.5M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0112%	1h	152.65	+0.026%	$731K	$4.6M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0120%	8h	152.72	+0.072%	$39.5M	$166.6M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0143%	1h	152.63	+0.013%	$88K	$1.3M	10x	as long as short
Bullet SPCX-USD	+0.0144%	1h	152.68	+0.046%	$12K	$193K	10x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.67	+0.038%	$408K	$513K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.62	+0.007%	$732K	$932K	10x	as long as short
Phoenix SPCX	+0.0263%	1h	152.58	−0.020%	$444K	$266K	15x	as long as short
Aster SPCXUSD1short	+0.0369%	8h	152.71	+0.065%	$18.9M	$24.7M	20x
Injective SPCX/USDC PERP	+0.0440%	1h	152.70	+0.059%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0990%	4h	152.59	−0.014%	$1.7M	$892K	20x	as long as short