Funding arb · Price arb /

SPCX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Gate against StandX+0.078%7-day average −0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$430.432% of the position

Long on StandX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 7 days−0.119%−$12 · spread now +0.078%, 7d avg −0.053%

Together, before fees−0.126%+ Points / potential airdropStandX: Active · farm board−$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.131% dearer against StandX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX SPCX-USD	152.99	0	get 0.0000% / 1h	9m 30s	$302K	$3.1M	20x
Short	Gate SPCX_USDT	153.11	0	get 0.0000% / 8h	7h 09m	$96.4M	$31.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.078%Rate

Funding earned: $0
Price spread: +0.078% → −0.053%: $13.1
Slippage, 4 orders: −$20.23
Fee StandX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$30.13
Costs to cover: 0.432%
Break-even: never at this rate

Slippage from StandX: live order book, 4 min ago; Gate: 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	4.57 bp	9.2 bp −$9	14.0 bp −$140	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	0.65 bp	10.8 bp −$11	15.6 bp −$156	31.0 bp −$3,098	49.9 bp −$25.0K

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 −0.0325% / S +0.0526%	1h	153.07	+0.056%	$88K	—	20x	as long as short
Gate SPCX_USDTshort	0.0000%	8h	153.11	+0.078%	$96.4M	$31.3M	100x
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.764%	$4K	$882	10x	as long as short
StandX SPCX-USDlong	0.0000%	1h	152.99	long leg	$302K	$3.1M	20x
SunX SPCX-USDT	0.0000%	8h	153.34	+0.229%	$8K	$954K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.13	+0.092%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	153.00	+0.007%	$8K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.05	+0.039%	$2.5M	$7.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.784%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.14	+0.098%	—	$1.2M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0048%	1h	153.07	+0.052%	$1.6M	$7.4M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.08	+0.059%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.09	+0.065%	$1.7M	$86K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.12	+0.085%	$534K	$407K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.92	−0.046%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.06	+0.046%	$1.2M	$7.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0095%	8h	153.15	+0.104%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	153.02	+0.020%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.05	+0.039%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.01	+0.013%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.13	+0.092%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.10	+0.074%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0124%	8h	153.10	+0.072%	$1.9M	$1.4M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0142%	1h	153.08	+0.059%	$71K	$1.1M	10x	as long as short
Bybit SPCXUSDT	+0.0149%	8h	153.16	+0.111%	$30.9M	$42.8M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	153.03	+0.026%	$105K	$297K	5x	as long as short
tradeXYZ xyz:SPCX	+0.0216%	1h	153.08	+0.059%	$143.1M	$119.1M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0217%	8h	153.15	+0.105%	$39.3M	$169.1M	75x	as long as short
Bullet SPCX-USD	+0.0225%	1h	153.13	+0.092%	$12K	$189K	10x	as long as short
Variational Omni SPCX	+0.0229%	8h	153.08	+0.059%	$6.0M	$3.5M	—	as long as short
Nado SPCX-PERP	+0.0242%	1h	153.06	+0.049%	$621K	$852K	20x	as long as short
Binance SPCXUSDT	+0.0244%	8h	153.13	+0.092%	$252.8M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0248%	1h	153.09	+0.062%	$734K	$3.9M	10x	as long as short
Bitget SPCXUSDT	+0.0295%	8h	153.17	+0.118%	$31.7M	$66.7M	75x	as long as short
Phoenix SPCX	+0.0314%	1h	153.11	+0.078%	$445K	$271K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.01	+0.013%	$731K	$977K	10x	as long as short
edgeX SPCXUSDC	+0.0344%	4h	153.08	+0.058%	$1.7M	$892K	20x	as long as short
Aster SPCXUSD1	+0.0388%	8h	153.13	+0.091%	$19.0M	$18.4M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.13	+0.095%	$401K	$536K	20x	as long as short