Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0191%/8h= −20.9% APRpaid last 24h −0.060%

Price spread now: GRVT against RISEx+12.675%7-day average — · you sell dearer than you buy

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

Long on RISEx Short on GRVT

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 airdropGRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. GRVT is 12.675% dearer against RISEx than usual: you sell high and buy low (spread +12.675% now, against zero (this spread has no 7-day history yet)): +$1,268 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 7 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SPCX/USDC	153.12	0.0191	pay 0.0024% / 1h	17m 11s	$410K	$530K	20x
Short	GRVT SPCX_USDT_Perp	172.53	0	get 0.0000% / 8h	4h 17m	$4K	$882	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +12.675%Rate

Funding earned: −$40.13
Price spread: +12.675% → 0.000%: $1,267.51
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $1,212.38
Costs to cover: 0.150%
Break-even: from the start

Slippage unknown: RISEx: live order book, 41 min ago; GRVT: no order-book sample. 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 RISEx live order book, 41 min ago	0.98 bp	4.0 bp −$4	5.0 bp −$50	doesn't fit	doesn't fit
Sell GRVT no order-book sample	—	—	—	—	—

GRVT: 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 −0.0253% / S +0.0486%	1h	153.04	−0.049%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.09	−0.020%	$30.8M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.07	−0.033%	$96.3M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.13	+0.006%	$31.7M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perpshort	0.0000%	8h	172.53	+12.675%	$4K	$882	10x
StandX SPCX-USD	0.0000%	1h	153.00	−0.079%	$302K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.34	+0.143%	$8K	$939K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.15	+0.019%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0022%	1h	153.04	−0.054%	$8K	$8K	10x	as long as short
BloFin SPCX-USDT	+0.0026%	8h	153.09	−0.020%	$1.9M	$1.4M	75x	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	153.04	−0.052%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.01	−0.072%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.02	−0.066%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.09	−0.020%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.05	−0.046%	$1.2M	$6.0M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.03	−0.059%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.06	−0.039%	$1.7M	$97K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.10	−0.013%	$533K	$393K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.91	−0.137%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0061%	8h	153.10	−0.012%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.99	−0.085%	$169K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.01	−0.072%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.12	0.000%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.09	−0.020%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.07	−0.031%	$89	—	10x	as long as short
tradeXYZ xyz:SPCX	+0.0107%	1h	153.04	−0.052%	$141.4M	$119.0M	20x	as long as short
Bullet SPCX-USD	+0.0110%	1h	153.09	−0.020%	$11K	$191K	10x	as long as short
Nado SPCX-PERP	+0.0131%	1h	153.00	−0.080%	$617K	$821K	20x	as long as short
Variational Omni SPCX	+0.0133%	8h	153.09	−0.022%	$6.0M	$3.0M	—	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0142%	1h	153.04	−0.052%	$78K	$1.2M	10x	as long as short
Extended SPCX-USD	+0.0144%	1h	153.05	−0.046%	$734K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0146%	8h	153.09	−0.020%	$251.1M	$1.37B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0146%	8h	153.13	+0.006%	$39.5M	$166.8M	75x	as long as short
RISEx SPCX/USDClong	+0.0191%	1h	153.12	long leg	$410K	$530K	20x
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.10	−0.013%	$738K	$926K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.09	−0.020%	$445K	$268K	15x	as long as short
Aster SPCXUSD1	+0.0408%	8h	153.18	+0.037%	$19.0M	$21.1M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.50	+0.248%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0903%	4h	153.08	−0.029%	$1.7M	$893K	20x	as long as short