Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0889%/8h= +97.3% APRpaid last 24h +0.003%

Price spread now: edgeX against Vest0.000%7-day average +0.056% · you sell dearer than you buy

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

Long on Vest Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.366%+$37 on $10k

Price spread, last 7 days+0.028%+$3 · spread now 0.000%, 7d avg +0.056%

Together, before fees+0.394%+ Points / potential airdropVest: Active · edgeX: Active · farm board+$39 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.056% cheaper against Vest than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.056%). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$27 a day). At the pace of the last 3 days (+0.366% in total) that is about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SPCX-USD-PERP	153.06	0.0046	pay 0.0006% / 1h	27m 33s	—	$1.2M	10x
Short	edgeX SPCXUSDC	153.06	0.0934	get 0.0467% / 4h	3h 27m	$1.7M	$892K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $186.64
Price spread: 0.000% → +0.056%: −$5.62
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $170.02
Costs to cover: 0.110%
Break-even: 0.6 days

Slippage unknown: Vest: no order-book sample; edgeX: live order book, 1 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 edgeX live order book, 1 min ago	1.63 bp	6.1 bp −$6	7.3 bp −$73	22.1 bp −$2,206	doesn't fit

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 −0.0314% / S +0.0518%	1h	153.03	−0.023%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.05	−0.007%	$96.4M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.712%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.93	−0.085%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.29	+0.150%	$8K	$956K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.08	+0.013%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0028%	1h	152.97	−0.058%	$8K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.00	−0.039%	$2.5M	$7.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.737%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERPlong	+0.0046%	1h	153.06	long leg	—	$1.2M	10x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0048%	1h	153.01	−0.033%	$1.6M	$7.4M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.06	0.000%	$1.7M	$86K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.08	+0.013%	$534K	$414K	50x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.04	−0.013%	$489K	$1.1M	10x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.85	−0.137%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.04	−0.013%	$1.2M	$7.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0100%	8h	153.08	+0.014%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.97	−0.059%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.96	−0.065%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.01	−0.033%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.08	+0.013%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.06	+0.003%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0106%	8h	153.09	+0.020%	$1.9M	$1.4M	75x	as long as short
Bybit SPCXUSDT	+0.0184%	8h	153.09	+0.020%	$30.9M	$42.8M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	152.99	−0.046%	$105K	$297K	5x	as long as short
Variational Omni SPCX	+0.0210%	8h	153.02	−0.025%	$6.0M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0210%	8h	153.08	+0.013%	$39.2M	$169.0M	75x	as long as short
Extended SPCX-USD	+0.0224%	1h	153.06	−0.002%	$734K	$4.0M	10x	as long as short
Binance SPCXUSDT	+0.0229%	8h	153.08	+0.015%	$253.2M	$1.38B	75x	as long as short
Nado SPCX-PERP	+0.0234%	1h	152.95	−0.070%	$604K	$848K	20x	as long as short
tradeXYZ xyz:SPCX	+0.0244%	1h	153.03	−0.020%	$143.1M	$119.4M	20x	as long as short
Bullet SPCX-USD	+0.0246%	1h	153.09	+0.016%	$11K	$188K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0273%	1h	153.02	−0.026%	$72K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.04	−0.013%	$445K	$271K	15x	as long as short
Bitget SPCXUSDT	+0.0317%	8h	153.10	+0.026%	$31.3M	$66.4M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.01	−0.033%	$731K	$979K	10x	as long as short
Aster SPCXUSD1	+0.0355%	8h	153.08	+0.013%	$19.0M	$18.6M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.09	+0.022%	$401K	$535K	20x	as long as short
edgeX SPCXUSDCshort	+0.0934%	4h	153.06	0.000%	$1.7M	$892K	20x