Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h −0.007%

Price spread now: Vest against Binance−0.026%7-day average −0.095% · you buy dearer than you sell

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

Long on Binance Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.027%+$3 on $10k

Price spread, last 7 days−0.024%−$2 · spread now −0.026%, 7d avg −0.095%

Together, before fees+0.003%+ Points / potential airdropVest: Active · farm board$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Vest is 0.068% dearer against Binance than usual: you sell high and buy low (spread −0.026% now, against its 7-day average of −0.095%): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SPCXUSDT	152.33	0.0140	pay 0.0140% / 8h	46m 27s	$252.9M	$1.36B	75x
Short	Vest SPCX-USD-PERP	152.29	0.0046	get 0.0006% / 1h	46m 27s	—	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 VestbpOrdersPrice spread, now −0.026%Rate

Funding earned: −$19.9
Price spread: −0.026% → −0.095%: $6.84
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Vest: 1 bp × 2 orders: −$2
Net: −$25.06
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 13 min ago; Vest: 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 Binance live order book, 13 min ago	0.33 bp	5.3 bp −$5	5.3 bp −$53	10.7 bp −$1,071	24.6 bp −$12.3K
Sell Vest no order-book sample	—	—	—	—	—

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	152.25	−0.056%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.31	−0.013%	$96.2M	$31.7M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.35	+0.013%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.259%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.35	+0.013%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.52	+0.125%	$8K	$894K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.31	−0.013%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0012%	8h	152.33	0.000%	$30.5M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0021%	8h	152.37	+0.026%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	152.20	−0.085%	$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 SPCX	+0.0032%	1h	152.27	−0.039%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.25	−0.053%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.23	−0.066%	$103K	$298K	5x	as long as short
Vest SPCX-USD-PERPshort	+0.0046%	1h	152.29	−0.026%	—	$1.2M	10x
tradeXYZ xyz:SPCX	+0.0050%	1h	152.21	−0.079%	$129.9M	$129.2M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.26	−0.046%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.31	−0.013%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.34	+0.007%	$530K	$374K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.11	−0.144%	$3.2M	$2.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.29	−0.026%	$1.2M	$5.5M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.22	−0.072%	$168K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.19	−0.092%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.22	−0.072%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.32	−0.007%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.32	−0.004%	$88	—	10x	as long as short
Paradex SPCX-USD-PERP	+0.0107%	8h	152.31	−0.014%	$101	—	5x	as long as short
Bullet SPCX-USD	+0.0125%	1h	152.31	−0.013%	$11K	$192K	10x	as long as short
Variational Omni SPCX	+0.0128%	8h	152.20	−0.088%	$5.9M	$2.8M	—	as long as short
Binance SPCXUSDTlong	+0.0140%	8h	152.33	long leg	$252.9M	$1.36B	75x
Extended SPCX-USD	+0.0144%	1h	152.29	−0.027%	$724K	$3.6M	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.30	−0.020%	$89K	$1.4M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0153%	8h	152.34	+0.007%	$39.7M	$166.6M	75x	as long as short
Nado SPCX-PERP	+0.0174%	1h	152.22	−0.071%	$627K	$804K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	+0.007%	$728K	$938K	10x	as long as short
Phoenix SPCX	+0.0368%	1h	152.23	−0.066%	$443K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0407%	8h	152.43	+0.068%	$18.9M	$28.8M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.55	+0.144%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.37	+0.026%	$391K	$502K	20x	as long as short
edgeX SPCXUSDC	+0.0522%	4h	152.20	−0.082%	$1.7M	$892K	20x	as long as short