Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0181%/8h= +19.8% APRpaid last 24h +0.006%

Price spread now: Binance against SoDEX+0.025%7-day average +0.011% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$470.467% of the position

Long on SoDEX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.027%−$3 on $10k

Price spread, last 2 days (all we have)+0.016%+$2 · spread now +0.025%, 7d avg +0.011%

Together, before fees−0.011%−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SPCX-USD	152.99	0.0050	pay 0.0006% / 1h	45m 10s	$1.7M	$87K	20x
Short	Binance SPCXUSDT	153.03	0.0231	get 0.0231% / 8h	6h 45m	$252.9M	$1.37B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SoDEX. 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 SoDEXbpFee BinancebpOrdersPrice spread, now +0.025%Rate

Funding earned: $38.03
Price spread: +0.025% → +0.011%: $1.42
Slippage, 4 orders: −$28.75
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$7.3
Costs to cover: 0.467%
Break-even: 8.3 days

Slippage from SoDEX: live order book, 4 min ago; Binance: live order book, 14 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 SoDEX live order book, 4 min ago	0.33 bp	18.0 bp −$18	47.0 bp −$470	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	0.33 bp	5.3 bp −$5	5.5 bp −$55	8.7 bp −$869	18.9 bp −$9,471

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 −0.0341% / S +0.0537%	1h	152.97	−0.010%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.99	0.000%	$96.3M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.768%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.94	−0.033%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.24	+0.163%	$8K	$949K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.96	−0.020%	$72K	$1.1M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.01	+0.013%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.93	−0.041%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.97	−0.013%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.94	−0.033%	$2.5M	$7.2M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPCX/USDC PERP	+0.0033%	1h	153.32	+0.216%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.94	−0.033%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.02	+0.020%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	153.00	+0.007%	$1.2M	$7.0M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.96	−0.020%	$500K	$1.2M	10x	as long as short
SoDEX SPCX-USDlong	+0.0050%	1h	152.99	long leg	$1.7M	$87K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.95	−0.026%	$534K	$406K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.84	−0.098%	$3.2M	$2.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0084%	8h	153.01	+0.014%	$101	—	5x	as long as short
Bybit SPCXUSDT	+0.0096%	8h	153.03	+0.026%	$30.9M	$42.9M	100x	as long as short
Pacifica SPCX	+0.0100%	1h	152.92	−0.046%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.91	−0.052%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.02	+0.020%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.01	+0.013%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.01	+0.014%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0116%	8h	153.03	+0.026%	$1.9M	$1.4M	75x	as long as short
Bullet SPCX-USD	+0.0150%	1h	153.02	+0.021%	$11K	$189K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0165%	1h	152.98	−0.007%	$142.4M	$119.7M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0203%	8h	153.04	+0.033%	$39.4M	$169.0M	75x	as long as short
Variational Omni SPCX	+0.0217%	8h	152.98	−0.006%	$6.0M	$3.3M	—	as long as short
Bitget SPCXUSDT	+0.0218%	8h	153.05	+0.039%	$31.8M	$66.6M	75x	as long as short
Binance SPCXUSDTshort	+0.0231%	8h	153.03	+0.025%	$252.9M	$1.37B	75x
Extended SPCX-USD	+0.0232%	1h	152.98	−0.007%	$734K	$3.8M	10x	as long as short
Nado SPCX-PERP	+0.0263%	1h	152.94	−0.033%	$620K	$843K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	153.14	+0.098%	$728K	$986K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.02	+0.020%	$445K	$270K	15x	as long as short
Aster SPCXUSD1	+0.0392%	8h	153.10	+0.074%	$19.0M	$17.7M	20x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.06	+0.042%	$408K	$539K	20x	as long as short
edgeX SPCXUSDC	+0.0635%	4h	152.99	−0.002%	$1.7M	$894K	20x	as long as short