Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: StandX against SunX−0.046%48s7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$80as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$810.810% of the position

Long on SunX Short on StandX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.046%, 7d avg −0.062%

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SPCX-USDT	152.74	0	get 0.0000% / 8h	4h 49m	$8K	$809K	10x
Short	StandX SPCX-USD	152.67	0	get 0.0000% / 1h	49m 32s	$306K	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

StandX against SunX. 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 SunXbpFee StandXbpOrdersPrice spread, now −0.046%Rate

Funding earned: $0
Price spread: −0.046% → −0.062%: $1.64
Slippage, 4 orders: −$65.02
Fee SunX: 4 bp × 2 orders: −$8
Fee StandX: 4 bp × 2 orders: −$8
Net: −$79.38
Costs to cover: 0.810%
Break-even: never at this rate

Slippage from SunX: live order book, 46 min ago; StandX: live order book, 2 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 SunX live order book, 46 min ago	21.93 bp	25.9 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell StandX live order book, 2 min ago	4.59 bp	11.2 bp −$11	14.0 bp −$140	doesn't fit	doesn't fit

SPCX on 38 exchanges

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 −0.0187% / S +0.0435%	1h	152.43	−0.206%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0073%	8h	152.68	−0.039%	$2.0M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.58	−0.105%	$30.1M	$42.4M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.53	−0.137%	$96.3M	$30.5M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.58	−0.105%	$31.1M	$66.6M	75x	as long as short
StandX SPCX-USDshort	0.0000%	1h	152.67	−0.046%	$306K	$2.6M	20x
SunX SPCX-USDTlong	0.0000%	8h	152.74	long leg	$8K	$809K	10x
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.39	−0.229%	$42K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.72	−0.013%	$1.3M	$1.7M	75x	as long as short
Variational Omni SPCX	+0.0011%	8h	152.60	−0.089%	$5.9M	$2.7M	—	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0021%	1h	152.53	−0.139%	$7K	$7K	10x	as long as short
QFEX SPCX-USD	+0.0029%	1h	152.51	−0.151%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.48	−0.170%	$1.5M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.44	−0.196%	$2.5M	$7.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	+0.026%	$9K	$28K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.50	−0.157%	$102K	$293K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.51	−0.151%	—	$1.2M	10x	as long as short
Extended SPCX-USD	+0.0048%	1h	152.52	−0.145%	$700K	$5.3M	10x	as long as short
Binance SPCXUSDT	+0.0050%	8h	152.58	−0.103%	$252.1M	$1.37B	75x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.46	−0.183%	$128.1M	$129.4M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.54	−0.131%	$1.7M	$56K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.59	−0.098%	$532K	$377K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.53	−0.137%	$3.1M	$2.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0051%	8h	152.51	−0.149%	$101	—	5x	as long as short
OKX SPCX-USDT-SWAP	+0.0087%	8h	152.59	−0.098%	$39.8M	$167.6M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.44	−0.196%	$169K	$114K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.47	−0.177%	$13.0M	$6.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.63	−0.072%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.57	−0.111%	$14K	$7K	10x	as long as short
RISEx SPCX/USDC	+0.0104%	1h	152.60	−0.092%	$351K	$481K	20x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.55	−0.123%	$88	—	10x	as long as short
Polymarket Perps SPCX-USD	+0.0139%	1h	152.56	−0.118%	$483K	$1.0M	10x	as long as short
Nado SPCX-PERP	+0.0176%	1h	152.57	−0.113%	$630K	$811K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.54	−0.131%	$732K	$1.1M	10x	as long as short
edgeX SPCXUSDC	+0.0194%	4h	152.60	−0.094%	$1.7M	$890K	20x	as long as short
Bullet SPCX-USD	+0.0200%	1h	152.54	−0.131%	$11K	$190K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.54	−0.131%	$449K	$272K	15x	as long as short
Aster SPCXUSD1	+0.0422%	8h	152.70	−0.026%	$19.0M	$30.5M	20x	as long as short