Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0139%/8h= +15.2% APRpaid last 24h +0.007%

Price spread now: Binance against Vest+0.013%47s7-day average +0.095% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Vest Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.024%−$2 on $10k

Price spread, last 7 days+0.043%+$4 · spread now +0.013%, 7d avg +0.095%

Together, before fees+0.019%+ Points / potential airdropVest: Active · farm board+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.082% cheaper against Vest than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.095%). If the spread goes back, that is −$8 on $10k: about 47 hours of funding at the current rate (+$4 a day). The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SPCX-USD-PERP	153.03	0.0046	pay 0.0006% / 1h	12m 36s	—	$1.2M	10x
Short	Binance SPCXUSDT	153.05	0.0185	get 0.0185% / 8h	5h 12m	$252.5M	$1.37B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Vest. 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 VestbpFee BinancebpOrdersPrice spread, now +0.013%Rate

Funding earned: $29.17
Price spread: +0.013% → +0.095%: −$8.24
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Binance: 5 bp × 2 orders: −$10
Net: $8.93
Costs to cover: 0.120%
Break-even: 4.9 days

Slippage unknown: Vest: no order-book sample; Binance: live order book, 16 min ago. Net counts fees only.

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 Vest no order-book sample	—	—	—	—	—
Sell Binance live order book, 16 min ago	0.33 bp	5.3 bp −$5	6.2 bp −$62	11.2 bp −$1,117	21.8 bp −$10.9K

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0333% / S +0.0531%	1h	153.00	−0.016%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.02	−0.007%	$96.2M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.06	+0.020%	$31.7M	$65.5M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.739%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.94	−0.059%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.24	+0.137%	$8K	$937K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.07	+0.026%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	152.96	−0.043%	$7K	$8K	10x	as long as short
Bybit SPCXUSDT	+0.0028%	8h	153.03	0.000%	$30.8M	$42.9M	100x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.97	−0.039%	$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
Arcus SPCX-USD	+0.0040%	1h	152.96	−0.046%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERPlong	+0.0046%	1h	153.03	long leg	—	$1.2M	10x
QFEX SPCX-USD	+0.0048%	1h	153.02	−0.007%	$1.2M	$6.5M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.99	−0.026%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.01	−0.013%	$1.7M	$93K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.00	−0.020%	$534K	$398K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.93	−0.065%	$3.2M	$2.5M	10x	as long as short
Lighter SPCX	+0.0064%	1h	153.00	−0.020%	$1.6M	$7.2M	20x	as long as short
BloFin SPCX-USDT	+0.0066%	8h	153.05	+0.013%	$1.9M	$1.4M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0077%	1h	152.98	−0.033%	$73K	$1.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0079%	8h	153.05	+0.012%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.96	−0.046%	$169K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.96	−0.046%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	−0.065%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.04	+0.007%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.02	−0.004%	$89	—	10x	as long as short
Variational Omni SPCX	+0.0172%	8h	153.04	+0.003%	$6.0M	$3.1M	—	as long as short
Bullet SPCX-USD	+0.0173%	1h	153.05	+0.011%	$11K	$190K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0176%	8h	153.05	+0.013%	$39.5M	$167.5M	75x	as long as short
Extended SPCX-USD	+0.0184%	1h	153.01	−0.013%	$734K	$3.8M	10x	as long as short
Binance SPCXUSDTshort	+0.0185%	8h	153.05	+0.013%	$252.5M	$1.37B	75x
tradeXYZ xyz:SPCX	+0.0193%	1h	153.01	−0.013%	$142.1M	$119.2M	20x	as long as short
RISEx SPCX/USDC	+0.0199%	1h	153.06	+0.023%	$410K	$540K	20x	as long as short
Nado SPCX-PERP	+0.0227%	1h	152.95	−0.053%	$622K	$826K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.01	−0.013%	$738K	$980K	10x	as long as short
Phoenix SPCX	+0.0262%	1h	153.04	+0.007%	$445K	$267K	15x	as long as short
Aster SPCXUSD1	+0.0416%	8h	153.11	+0.054%	$18.9M	$17.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.28	+0.163%	$9K	$27K	5.5x	as long as short
edgeX SPCXUSDC	+0.0841%	4h	153.04	+0.004%	$1.7M	$893K	20x	as long as short