Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0023%/8h= +2.5% APRpaid last 24h +0.004%

Price spread now: Paradex against edgeX−0.001%7-day average — · you buy dearer than you sell

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

Long on edgeX Short on Paradex

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 airdropedgeX: Active · Paradex: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SPCXUSDC	153.07	0.0075	pay 0.0038% / 4h	3h 22m	$1.7M	$892K	20x
Short	Paradex SPCX-USD-PERP	153.06	0.0098	get 0.0098% / 8h	7h 22m	$101	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against edgeX. 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 edgeXbpFee ParadexbpOrdersPrice spread, now −0.001%Rate

Funding earned: $4.81
Price spread: −0.001% → 0.000%: −$0.1
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$8.29
Costs to cover: 0.130%
Break-even: 19.1 days

Slippage unknown: edgeX: live order book, 1 min ago; Paradex: 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 edgeX live order book, 1 min ago	1.96 bp	6.5 bp −$6	7.5 bp −$75	20.8 bp −$2,083	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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 −0.0317% / S +0.0520%	1h	153.00	−0.040%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.02	−0.030%	$96.4M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.709%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.93	−0.089%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.29	+0.146%	$8K	$956K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.09	+0.016%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0028%	1h	153.01	−0.038%	$8K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.97	−0.063%	$2.5M	$7.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.734%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.05	−0.010%	—	$1.2M	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	+0.0048%	1h	153.00	−0.043%	$1.6M	$7.4M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.02	−0.030%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.02	−0.030%	$1.7M	$86K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.04	−0.017%	$533K	$414K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.94	−0.082%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.01	−0.036%	$1.2M	$7.3M	10x	as long as short
edgeX SPCXUSDClong	+0.0075%	4h	153.07	long leg	$1.7M	$892K	20x
Paradex SPCX-USD-PERPshort	+0.0098%	8h	153.06	−0.001%	$101	—	5x
Pacifica SPCX	+0.0100%	1h	152.94	−0.082%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.95	−0.076%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.01	−0.036%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.06	−0.004%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.05	−0.010%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0113%	8h	153.05	−0.010%	$1.9M	$1.4M	75x	as long as short
Bybit SPCXUSDT	+0.0157%	8h	153.06	−0.004%	$30.9M	$42.8M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	153.00	−0.043%	$105K	$297K	5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0208%	1h	153.00	−0.043%	$72K	$1.1M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0211%	8h	153.07	+0.003%	$39.2M	$169.1M	75x	as long as short
Variational Omni SPCX	+0.0216%	8h	153.07	+0.003%	$6.0M	$3.5M	—	as long as short
Nado SPCX-PERP	+0.0229%	1h	152.95	−0.076%	$620K	$857K	20x	as long as short
tradeXYZ xyz:SPCX	+0.0232%	1h	153.00	−0.043%	$143.1M	$119.3M	20x	as long as short
Extended SPCX-USD	+0.0232%	1h	153.01	−0.039%	$734K	$4.0M	10x	as long as short
Binance SPCXUSDT	+0.0234%	8h	153.04	−0.019%	$253.1M	$1.38B	75x	as long as short
Bullet SPCX-USD	+0.0239%	1h	153.06	−0.002%	$11K	$189K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.09	+0.016%	$445K	$271K	15x	as long as short
Bitget SPCXUSDT	+0.0314%	8h	153.08	+0.009%	$31.3M	$66.4M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.01	−0.036%	$731K	$977K	10x	as long as short
Aster SPCXUSD1	+0.0367%	8h	153.10	+0.019%	$19.0M	$18.1M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.07	+0.006%	$401K	$535K	20x	as long as short