Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0386%/8h= −42.2% APRpaid last 24h −0.056%

Price spread now: Aftermath Perps against Aster−0.204%53s7-day average — · you buy dearer than you sell

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

Long on Aster Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Aftermath Perps is 0.204% cheaper against Aster than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 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	Aster SPCXUSD1	152.92	0.0407	pay 0.0407% / 8h	5h 07m	$19.0M	$30.6M	20x
Short	Aftermath Perps SPCXUSD	152.61	0.0021	get 0.0003% / 1h	7m 26s	$7K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Aster. 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 AsterbpFee Aftermath PerpsbpOrdersPrice spread, now −0.204%Rate

Funding earned: −$80.97
Price spread: −0.204% → 0.000%: −$20.4
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$118.37
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 5 min ago; Aftermath Perps: no order-book sample. 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 Aster live order book, 5 min ago	1.31 bp	5.4 bp −$5	6.1 bp −$61	77.0 bp −$7,698	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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 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	152.59	−0.222%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0078%	8h	152.75	−0.114%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.80	−0.081%	$30.1M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.75	−0.114%	$96.3M	$33.0M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.83	−0.062%	$31.1M	$66.8M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.72	−0.134%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.92	−0.003%	$8K	$814K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.70	−0.147%	$44K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.81	−0.075%	$1.3M	$1.7M	75x	as long as short
Variational Omni SPCX	+0.0002%	8h	152.65	−0.182%	$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 SPCXUSDshort	+0.0021%	1h	152.61	−0.204%	$7K	$7K	10x
QFEX SPCX-USD	+0.0030%	1h	152.72	−0.134%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.72	−0.134%	$1.6M	$7.5M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.69	−0.153%	$2.5M	$7.3M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	−0.094%	$9K	$28K	5.5x	as long as short
Extended SPCX-USD	+0.0040%	1h	152.73	−0.127%	$701K	$5.3M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.71	−0.140%	$103K	$292K	5x	as long as short
edgeX SPCXUSDC	+0.0041%	4h	152.70	−0.146%	$1.7M	$889K	20x	as long as short
Binance SPCXUSDT	+0.0043%	8h	152.78	−0.094%	$252.1M	$1.38B	75x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.75	−0.114%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.70	−0.147%	$128.3M	$129.7M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.73	−0.127%	$1.7M	$56K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.75	−0.114%	$534K	$376K	50x	as long as short
Paradex SPCX-USD-PERP	+0.0050%	8h	152.75	−0.113%	$101	—	5x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.59	−0.219%	$3.1M	$2.1M	10x	as long as short
RISEx SPCX/USDC	+0.0051%	1h	152.80	−0.082%	$351K	$490K	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0079%	8h	152.80	−0.081%	$39.7M	$168.2M	75x	as long as short
Polymarket Perps SPCX-USD	+0.0096%	1h	152.77	−0.101%	$487K	$1.1M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.69	−0.153%	$169K	$114K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.65	−0.179%	$13.0M	$6.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.78	−0.094%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.76	−0.107%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.74	−0.121%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0104%	1h	152.79	−0.090%	$11K	$191K	10x	as long as short
Nado SPCX-PERP	+0.0117%	1h	152.75	−0.115%	$633K	$804K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0136%	1h	152.70	−0.147%	$735K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0209%	1h	152.71	−0.140%	$450K	$271K	15x	as long as short
Aster SPCXUSD1long	+0.0407%	8h	152.92	long leg	$19.0M	$30.6M	20x