Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h −0.017%

Price spread now: SoDEX against Binance−0.035%7-day average −0.029% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$470.475% of the position

Long on Binance Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.022%+$2 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.035%, 7d avg −0.029%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SPCXUSDT	152.51	0.0049	pay 0.0049% / 8h	4h 43m	$251.7M	$1.37B	75x
Short	SoDEX SPCX-USD	152.46	0.0050	get 0.0006% / 1h	43m 10s	$1.7M	$57K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Binance. 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 BinancebpFee SoDEXbpOrdersPrice spread, now −0.035%Rate

Funding earned: $0.18
Price spread: −0.035% → −0.029%: −$0.63
Slippage, 4 orders: −$29.45
Fee Binance: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$47.91
Costs to cover: 0.475%
Break-even: 1908.1 days

Slippage from Binance: live order book, 9 min ago; SoDEX: live order book, 4 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 Binance live order book, 9 min ago	0.33 bp	5.3 bp −$5	6.6 bp −$66	9.9 bp −$993	17.2 bp −$8,589
Sell SoDEX live order book, 4 min ago	0.98 bp	18.6 bp −$19	51.4 bp −$514	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	152.41	−0.071%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0071%	8h	152.53	+0.011%	$2.0M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.47	−0.028%	$30.0M	$42.4M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.47	−0.028%	$96.3M	$30.6M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.51	−0.002%	$31.1M	$66.5M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.58	+0.044%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.81	+0.195%	$8K	$801K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.54	+0.018%	$1.3M	$1.7M	75x	as long as short
Variational Omni SPCX	+0.0010%	8h	152.53	+0.008%	$5.8M	$2.8M	—	as long as short
Aftermath Perps SPCXUSD	+0.0021%	1h	152.45	−0.040%	$7K	$7K	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USD	+0.0029%	1h	152.43	−0.055%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.42	−0.061%	$1.5M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.39	−0.081%	$2.5M	$7.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	+0.175%	$9K	$28K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.42	−0.061%	$102K	$293K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.43	−0.055%	—	$1.2M	10x	as long as short
Extended SPCX-USD	+0.0048%	1h	152.44	−0.047%	$700K	$5.2M	10x	as long as short
Binance SPCXUSDTlong	+0.0049%	8h	152.51	long leg	$251.7M	$1.37B	75x
tradeXYZ xyz:SPCX	+0.0050%	1h	152.40	−0.074%	$128.0M	$129.5M	20x	as long as short
SoDEX SPCX-USDshort	+0.0050%	1h	152.46	−0.035%	$1.7M	$57K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.49	−0.015%	$532K	$379K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.51	−0.002%	$3.1M	$2.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0051%	8h	152.45	−0.039%	$101	—	5x	as long as short
OKX SPCX-USDT-SWAP	+0.0086%	8h	152.49	−0.015%	$39.8M	$167.4M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.39	−0.081%	$169K	$114K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.41	−0.068%	$13.0M	$6.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.62	+0.070%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.51	−0.002%	$14K	$7K	10x	as long as short
Polymarket Perps SPCX-USD	+0.0102%	1h	152.46	−0.035%	$483K	$1.0M	10x	as long as short
RISEx SPCX/USDC	+0.0104%	1h	152.54	+0.018%	$351K	$481K	20x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.47	−0.031%	$88	—	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.43	−0.055%	$42K	$1.4M	10x	as long as short
Nado SPCX-PERP	+0.0161%	1h	152.40	−0.071%	$629K	$811K	20x	as long as short
Bullet SPCX-USD	+0.0188%	1h	152.51	−0.002%	$11K	$190K	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.54	+0.018%	$732K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.53	+0.011%	$449K	$272K	15x	as long as short
Aster SPCXUSD1	+0.0421%	8h	152.58	+0.044%	$19.0M	$30.7M	20x	as long as short
edgeX SPCXUSDC	+0.0977%	4h	152.55	+0.023%	$1.7M	$891K	20x	as long as short