Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0146%/8h= +16.0% APRpaid last 24h 0.000%

Price spread now: Bybit against StandX−0.033%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$370.368% of the position

Long on StandX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 7 days+0.009%+$1 · spread now −0.033%, 7d avg −0.027%

Together, before fees+0.026%+ Points / potential airdropStandX: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX SPCX-USD	152.68	0	get 0.0000% / 1h	20m 21s	$302K	$3.1M	20x
Short	Bybit SPCXUSDT	152.63	0.0146	get 0.0146% / 8h	2h 20m	$30.7M	$42.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against StandX. 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 StandXbpFee BybitbpOrdersPrice spread, now −0.033%Rate

Funding earned: $30.67
Price spread: −0.033% → −0.027%: −$0.57
Slippage, 4 orders: −$17.79
Fee StandX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$6.69
Costs to cover: 0.368%
Break-even: 8.5 days

Slippage from StandX: live order book, 4 min ago; Bybit: 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 StandX live order book, 4 min ago	4.91 bp	9.6 bp −$10	15.3 bp −$153	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	0.65 bp	7.9 bp −$8	10.6 bp −$106	25.4 bp −$2,541	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 −0.0271% / S +0.0488%	1h	152.56	−0.082%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.60	−0.052%	$96.4M	$31.1M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.50	+12.985%	$4K	$882	10x	as long as short
StandX SPCX-USDlong	0.0000%	1h	152.68	long leg	$302K	$3.1M	20x
SunX SPCX-USDT	0.0000%	8h	152.86	+0.118%	$8K	$990K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.59	−0.059%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.54	−0.090%	$7K	$10K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.56	−0.079%	$2.4M	$7.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.993%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.64	−0.026%	—	$1.1M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps SPCX-USD	+0.0050%	1h	152.58	−0.065%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.60	−0.052%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.61	−0.046%	$540K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.49	−0.124%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0057%	1h	152.65	−0.020%	$1.2M	$7.6M	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0078%	1h	152.59	−0.059%	$70K	$1.1M	10x	as long as short
Lighter SPCX	+0.0080%	1h	152.56	−0.079%	$1.6M	$7.3M	20x	as long as short
BloFin SPCX-USDT	+0.0083%	8h	152.63	−0.033%	$1.9M	$1.4M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.59	−0.059%	$175K	$135K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.50	−0.118%	$13.0M	$5.2M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.53	−0.098%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.62	−0.039%	$15K	$7K	10x	as long as short
Paradex SPCX-USD-PERP	+0.0102%	8h	152.64	−0.024%	$101	—	5x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.64	−0.026%	$89	—	10x	as long as short
Bybit SPCXUSDTshort	+0.0146%	8h	152.63	−0.033%	$30.7M	$42.3M	100x
OKX SPCX-USDT-SWAP	+0.0170%	8h	152.64	−0.026%	$39.0M	$168.2M	75x	as long as short
Variational Omni SPCX	+0.0179%	8h	152.66	−0.015%	$6.1M	$4.3M	—	as long as short
tradeXYZ xyz:SPCX	+0.0184%	1h	152.56	−0.079%	$129.8M	$107.3M	20x	as long as short
Extended SPCX-USD	+0.0200%	1h	152.62	−0.037%	$715K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0203%	8h	152.63	−0.033%	$256.3M	$1.38B	75x	as long as short
Bullet SPCX-USD	+0.0207%	1h	152.60	−0.052%	$11K	$191K	10x	as long as short
Aster SPCXUSD1	+0.0231%	8h	152.69	+0.007%	$19.0M	$21.3M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0232%	1h	152.16	−0.341%	$739K	$963K	10x	as long as short
Phoenix SPCX	+0.0262%	1h	152.63	−0.033%	$370K	$191K	15x	as long as short
Arcus SPCX-USD	+0.0293%	1h	152.59	−0.059%	$106K	$296K	5x	as long as short
Nado SPCX-PERP	+0.0311%	1h	152.51	−0.109%	$624K	$878K	20x	as long as short
Bitget SPCXUSDT	+0.0337%	8h	152.63	−0.033%	$31.4M	$66.4M	75x	as long as short
edgeX SPCXUSDC	+0.0425%	4h	152.65	−0.018%	$1.7M	$892K	20x	as long as short
RISEx SPCX/USDC	+0.0462%	1h	152.68	0.000%	$383K	$540K	20x	as long as short