Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0481%/8h= +52.6% APRpaid last 24h +0.003%

Price spread now: edgeX against RISEx−0.033%55s7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$200.202% of the position

Long on RISEx Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.365%+$37 on $10k

Price spread, last 4 days (all we have)−0.015%−$2 · spread now −0.033%, 7d avg −0.050%

Together, before fees+0.350%+ Points / potential airdropedgeX: Active · farm board+$35 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SPCX/USDC	153.01	0.0339	pay 0.0042% / 1h	46m 07s	$403K	$538K	20x
Short	edgeX SPCXUSDC	152.96	0.0820	get 0.0410% / 4h	46m 07s	$1.7M	$893K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against RISEx. 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 RISExbpFee edgeXbpOrdersPrice spread, now −0.033%Rate

Funding earned: $100.95
Price spread: −0.033% → −0.050%: $1.7
Slippage, 4 orders: −$5.24
Fee RISEx: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $82.41
Costs to cover: 0.202%
Break-even: 1.3 days

Slippage from RISEx: live order book, 32 min ago; edgeX: live order book, 3 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 RISEx live order book, 32 min ago	0.98 bp	4.0 bp −$4	5.0 bp −$50	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	1.63 bp	6.1 bp −$6	7.1 bp −$71	21.4 bp −$2,141	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 −0.0272% / S +0.0488%	1h	152.94	−0.046%	$89K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.94	−0.049%	$96.6M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.51	+12.743%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.88	−0.088%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.16	+0.095%	$8K	$972K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.95	−0.042%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0029%	1h	152.96	−0.039%	$8K	$10K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.91	−0.069%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.89	−0.082%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.768%	$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	152.90	−0.075%	$106K	$296K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.94	−0.049%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.92	−0.062%	$490K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.95	−0.042%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.95	−0.042%	$538K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.85	−0.108%	$3.2M	$2.7M	10x	as long as short
QFEX SPCX-USD	+0.0052%	1h	152.92	−0.062%	$1.2M	$7.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0079%	8h	152.95	−0.045%	$101	—	5x	as long as short
BloFin SPCX-USDT	+0.0083%	8h	153.06	+0.029%	$1.9M	$1.4M	75x	as long as short
Bullet SPCX-USD	+0.0091%	1h	152.95	−0.042%	$11K	$188K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.87	−0.095%	$173K	$132K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.85	−0.108%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	−0.056%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.98	−0.023%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.97	−0.029%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0143%	8h	152.97	−0.029%	$30.7M	$42.7M	100x	as long as short
Variational Omni SPCX	+0.0188%	8h	153.00	−0.012%	$6.0M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0192%	8h	152.97	−0.029%	$39.0M	$169.5M	75x	as long as short
Extended SPCX-USD	+0.0200%	1h	152.94	−0.048%	$734K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0202%	8h	152.96	−0.038%	$253.9M	$1.38B	75x	as long as short
Phoenix SPCX	+0.0261%	1h	153.01	−0.003%	$446K	$269K	15x	as long as short
Nado SPCX-PERP	+0.0267%	1h	152.85	−0.109%	$602K	$884K	20x	as long as short
tradeXYZ xyz:SPCX	+0.0274%	1h	152.94	−0.049%	$143.6M	$118.5M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.97	−0.029%	$733K	$970K	10x	as long as short
Aster SPCXUSD1	+0.0281%	8h	153.04	+0.017%	$19.0M	$21.3M	20x	as long as short
Bitget SPCXUSDT	+0.0309%	8h	152.98	−0.023%	$31.2M	$67.2M	75x	as long as short
RISEx SPCX/USDClong	+0.0339%	1h	153.01	long leg	$403K	$538K	20x
Deribit SPCX_USDC-PERPETUAL	+0.0404%	1h	152.94	−0.049%	$71K	$1.0M	10x	as long as short
edgeX SPCXUSDCshort	+0.0820%	4h	152.96	−0.033%	$1.7M	$893K	20x