Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: SunX against Vest+0.217%7-day average +0.165% · you sell dearer than you buy

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

Long on Vest Short on SunX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.047%−$5 on $10k

Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.217%, 7d avg +0.165%

Together, before fees−0.155%+ Points / potential airdropVest: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.052% dearer against Vest than usual: you sell high and buy low (spread +0.217% now, against its 7-day average of +0.165%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SPCX-USD-PERP	152.28	0.0046	pay 0.0006% / 1h	1m 04s	—	$1.2M	10x
Short	SunX SPCX-USDT	152.61	0	get 0.0000% / 8h	1h 01m	$8K	$894K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.217%Rate

Funding earned: −$9.59
Price spread: +0.217% → +0.165%: $5.19
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee SunX: 4 bp × 2 orders: −$8
Net: −$14.41
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; SunX: live order book, 61 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 SunX live order book, 61 min ago	21.92 bp	doesn't fit	doesn't fit	doesn't fit	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 −0.0234% / S +0.0471%	1h	152.26	−0.010%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.31	+0.020%	$96.1M	$32.0M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.36	+0.053%	$31.2M	$66.0M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.298%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.36	+0.053%	$300K	$2.7M	20x	as long as short
SunX SPCX-USDTshort	0.0000%	8h	152.61	+0.217%	$8K	$894K	10x
HTX SPCX-USDT	0.0000%	8h	152.42	+0.092%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0017%	8h	152.35	+0.046%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0027%	8h	152.41	+0.085%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0029%	1h	152.30	+0.011%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.26	−0.013%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0038%	1h	152.33	+0.033%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.27	−0.007%	$103K	$298K	5x	as long as short
Vest SPCX-USD-PERPlong	+0.0046%	1h	152.28	long leg	—	$1.2M	10x
SoDEX SPCX-USD	+0.0050%	1h	152.30	+0.013%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.35	+0.046%	$530K	$376K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.16	−0.079%	$3.2M	$2.2M	10x	as long as short
RISEx SPCX/USDC	+0.0072%	1h	152.38	+0.066%	$392K	$507K	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.23	−0.033%	$168K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.21	−0.046%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.40	+0.079%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.36	+0.053%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.33	+0.035%	$88	—	10x	as long as short
tradeXYZ xyz:SPCX	+0.0122%	1h	152.27	−0.007%	$130.0M	$129.0M	20x	as long as short
Paradex SPCX-USD-PERP	+0.0131%	8h	152.31	+0.022%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0131%	8h	152.38	+0.065%	$5.9M	$2.8M	—	as long as short
Extended SPCX-USD	+0.0144%	1h	152.30	+0.011%	$724K	$3.6M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0145%	1h	152.32	+0.026%	$487K	$1.2M	10x	as long as short
Binance SPCXUSDT	+0.0147%	8h	152.34	+0.039%	$251.9M	$1.36B	75x	as long as short
Lighter SPCX	+0.0152%	1h	152.28	0.000%	$1.6M	$7.4M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0157%	8h	152.36	+0.053%	$39.5M	$166.5M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.28	0.000%	$732K	$923K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.38	+0.066%	$443K	$266K	15x	as long as short
Nado SPCX-PERP	+0.0265%	1h	152.22	−0.038%	$626K	$805K	20x	as long as short
Bullet SPCX-USD	+0.0297%	1h	152.34	+0.040%	$11K	$192K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0407%	1h	152.31	+0.020%	$90K	$1.3M	10x	as long as short
Aster SPCXUSD1	+0.0411%	8h	152.47	+0.125%	$18.9M	$29.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.77	+0.322%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0668%	4h	152.33	+0.032%	$1.7M	$892K	20x	as long as short