Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0783%/8h= +85.8% APRpaid last 24h +0.034%

Price spread now: edgeX against SoDEX−0.069%7-day average +0.016% · 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−$57as in the Price arb table

costs, in and out, $10k−$490.485% of the position

Long on SoDEX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.349%+$35 on $10k

Price spread, last 3 days (all we have)+0.145%+$14 · spread now −0.069%, 7d avg +0.016%

Together, before fees+0.494%+ Points / potential airdropedgeX: Active · farm board+$49 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.085% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of +0.016%). If the spread goes back, that is −$9 on $10k: about 9 hours of funding at the current rate (+$23 a day). At the pace of the last 3 days (+0.349% in total) that is about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SPCX-USD	152.78	0.0050	pay 0.0006% / 1h	4m 38s	$1.7M	$79K	20x
Short	edgeX SPCXUSDC	152.67	0.0833	get 0.0417% / 4h	1h 04m	$1.7M	$893K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.069%Rate

Funding earned: $164.46
Price spread: −0.069% → +0.016%: −$8.52
Slippage, 4 orders: −$31.5
Fee SoDEX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $107.44
Costs to cover: 0.485%
Break-even: 2.4 days

Slippage from SoDEX: live order book, 4 min ago; edgeX: live order book, 4 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	18.2 bp −$18	50.7 bp −$507	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	1.64 bp	6.1 bp −$6	7.0 bp −$70	20.2 bp −$2,022	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	152.82	+0.029%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.89	+0.072%	$96.8M	$31.0M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.918%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.78	0.000%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.03	+0.164%	$8K	$977K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.83	+0.033%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	152.61	−0.109%	$7K	$10K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.80	+0.013%	$1.7M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.79	+0.007%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.926%	$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
Vest SPCX-USD-PERP	+0.0046%	1h	152.86	+0.052%	—	$1.1M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.90	+0.079%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USDlong	+0.0050%	1h	152.78	long leg	$1.7M	$79K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.82	+0.026%	$539K	$404K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.78	0.000%	$3.2M	$2.7M	10x	as long as short
QFEX SPCX-USD	+0.0066%	1h	152.87	+0.059%	$1.2M	$7.6M	10x	as long as short
BloFin SPCX-USDT	+0.0084%	8h	152.83	+0.033%	$1.9M	$1.4M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0085%	8h	152.91	+0.084%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.76	−0.013%	$176K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.74	−0.026%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.73	−0.033%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.78	0.000%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.78	+0.001%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0128%	1h	152.84	+0.037%	$11K	$188K	10x	as long as short
Bybit SPCXUSDT	+0.0151%	8h	152.95	+0.111%	$30.8M	$42.5M	100x	as long as short
tradeXYZ xyz:SPCX	+0.0178%	1h	152.85	+0.046%	$139.9M	$113.7M	20x	as long as short
Variational Omni SPCX	+0.0184%	8h	152.67	−0.069%	$6.0M	$3.9M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0198%	8h	152.95	+0.111%	$39.0M	$169.1M	75x	as long as short
Extended SPCX-USD	+0.0200%	1h	152.86	+0.052%	$739K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0205%	8h	152.91	+0.082%	$255.9M	$1.38B	75x	as long as short
Arcus SPCX-USD	+0.0227%	1h	152.85	+0.046%	$106K	$296K	5x	as long as short
Nado SPCX-PERP	+0.0248%	1h	152.82	+0.029%	$605K	$886K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	152.72	−0.039%	$741K	$949K	10x	as long as short
Aster SPCXUSD1	+0.0263%	8h	152.93	+0.097%	$19.0M	$21.7M	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0274%	1h	152.80	+0.013%	$71K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.65	−0.085%	$445K	$196K	15x	as long as short
Bitget SPCXUSDT	+0.0319%	8h	152.93	+0.098%	$31.2M	$66.8M	75x	as long as short
RISEx SPCX/USDC	+0.0543%	1h	152.90	+0.076%	$403K	$548K	20x	as long as short
edgeX SPCXUSDCshort	+0.0833%	4h	152.67	−0.069%	$1.7M	$893K	20x