Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.038%

Price spread now: HTX against Bitget+0.007%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$330.335% of the position

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.007%, 7d avg −0.007%

Together, before fees−0.062%−$6 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SPCXUSDT	153.12	0	get 0.0000% / 8h	4h 36m	$31.7M	$65.3M	75x
Short	HTX SPCX-USDT	153.13	0	get 0.0000% / 8h	4h 36m	$1.3M	$1.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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 BitgetbpFee HTXbpOrdersPrice spread, now +0.007%Rate

Funding earned: $0
Price spread: +0.007% → −0.007%: $1.36
Slippage, 4 orders: −$9.48
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$32.12
Costs to cover: 0.335%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; HTX: live order book, 2 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 Bitget live order book, 2 min ago	0.33 bp	6.6 bp −$7	8.4 bp −$84	21.2 bp −$2,115	29.5 bp −$14.8K
Sell HTX live order book, 2 min ago	2.29 bp	11.3 bp −$11	13.3 bp −$133	17.7 bp −$1,769	doesn't fit

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 +0.0531%	1h	153.04	−0.049%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.10	−0.013%	$30.8M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.06	−0.039%	$96.3M	$31.3M	100x	as long as short
Bitget SPCXUSDTlong	0.0000%	8h	153.12	long leg	$31.7M	$65.3M	75x
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.674%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	153.03	−0.059%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.29	+0.111%	$8K	$937K	10x	as long as short
HTX SPCX-USDTshort	0.0000%	8h	153.13	+0.007%	$1.3M	$1.7M	75x
Deribit SPCX_USDC-PERPETUAL	+0.0011%	1h	153.04	−0.052%	$73K	$1.2M	10x	as long as short
Aftermath Perps SPCXUSD	+0.0022%	1h	153.04	−0.054%	$8K	$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	153.05	−0.046%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.01	−0.072%	$2.5M	$7.2M	20x	as long as short
BloFin SPCX-USDT	+0.0038%	8h	153.10	−0.013%	$1.9M	$1.4M	75x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.01	−0.072%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.08	−0.026%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.03	−0.059%	$1.2M	$6.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.03	−0.059%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.05	−0.046%	$1.7M	$95K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.09	−0.020%	$533K	$395K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.93	−0.124%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0063%	8h	153.08	−0.023%	$101	—	5x	as long as short
tradeXYZ xyz:SPCX	+0.0074%	1h	153.05	−0.046%	$141.5M	$119.0M	20x	as long as short
Bullet SPCX-USD	+0.0082%	1h	153.08	−0.027%	$10K	$191K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.98	−0.091%	$169K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.99	−0.085%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.11	−0.007%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.09	−0.020%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.07	−0.034%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0131%	1h	153.00	−0.080%	$617K	$824K	20x	as long as short
Variational Omni SPCX	+0.0149%	8h	153.08	−0.028%	$6.0M	$3.1M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0152%	8h	153.09	−0.020%	$39.5M	$166.9M	75x	as long as short
Binance SPCXUSDT	+0.0157%	8h	153.09	−0.017%	$252.2M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0160%	1h	153.05	−0.045%	$738K	$3.8M	10x	as long as short
RISEx SPCX/USDC	+0.0191%	1h	153.12	0.000%	$410K	$530K	20x	as long as short
edgeX SPCXUSDC	+0.0195%	4h	153.07	−0.033%	$1.7M	$892K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.04	−0.052%	$738K	$925K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.08	−0.026%	$445K	$268K	15x	as long as short
Aster SPCXUSD1	+0.0408%	8h	153.16	+0.025%	$18.9M	$20.1M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.35	+0.150%	$9K	$28K	5.5x	as long as short