Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0556%/8h= −60.9% APRpaid last 24h +0.038%

Price spread now: RISEx against edgeX+0.054%7-day average +0.050% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$200.196% of the position

Long on edgeX Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.359%−$36 on $10k

Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.054%, 7d avg +0.050%

Together, before fees−0.375%+ Points / potential airdropedgeX: Active · farm board−$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: −$17 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	152.93	0.0965	pay 0.0483% / 4h	2h 37m	$1.7M	$893K	20x
Short	RISEx SPCX/USDC	153.01	0.0410	get 0.0051% / 1h	37m 31s	$408K	$539K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.054%Rate

Funding earned: −$116.75
Price spread: +0.054% → +0.050%: $0.42
Slippage, 4 orders: −$4.58
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee RISEx: 3 bp × 2 orders: −$6
Net: −$135.91
Costs to cover: 0.196%
Break-even: never at this rate

Slippage from edgeX: live order book, 1 min ago; RISEx: live order book, 31 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 edgeX live order book, 1 min ago	1.63 bp	6.1 bp −$6	7.1 bp −$71	20.0 bp −$2,005	doesn't fit
Sell RISEx live order book, 31 min ago	0.65 bp	3.7 bp −$4	5.4 bp −$54	doesn't fit	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 −0.0345% / S +0.0540%	1h	152.93	−0.005%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.95	+0.011%	$96.0M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.809%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.88	−0.035%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.20	+0.175%	$8K	$948K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.93	−0.002%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0012%	1h	152.94	+0.005%	$72K	$1.1M	10x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.95	+0.010%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.93	−0.002%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.92	−0.008%	$2.5M	$7.2M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPCX/USDC PERP	+0.0033%	1h	153.32	+0.253%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.91	−0.015%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.99	+0.037%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	152.96	+0.018%	$1.2M	$6.8M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.94	+0.005%	$500K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.93	−0.002%	$1.7M	$89K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.96	+0.018%	$534K	$406K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.82	−0.074%	$3.2M	$2.6M	10x	as long as short
Bybit SPCXUSDT	+0.0055%	8h	152.96	+0.018%	$30.9M	$42.9M	100x	as long as short
Paradex SPCX-USD-PERP	+0.0079%	8h	152.98	+0.028%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.88	−0.035%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.89	−0.028%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.85	−0.054%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.99	+0.037%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.95	+0.013%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0116%	8h	153.03	+0.064%	$1.9M	$1.4M	75x	as long as short
Bullet SPCX-USD	+0.0123%	1h	152.94	+0.005%	$11K	$190K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0138%	1h	152.94	+0.005%	$142.3M	$119.1M	20x	as long as short
Bitget SPCXUSDT	+0.0186%	8h	153.03	+0.064%	$31.8M	$66.3M	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0192%	8h	153.00	+0.044%	$39.4M	$168.9M	75x	as long as short
Variational Omni SPCX	+0.0211%	8h	152.99	+0.038%	$6.0M	$3.3M	—	as long as short
Binance SPCXUSDT	+0.0221%	8h	152.98	+0.033%	$252.8M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0224%	1h	152.95	+0.012%	$736K	$3.8M	10x	as long as short
Nado SPCX-PERP	+0.0240%	1h	152.91	−0.017%	$620K	$841K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	153.14	+0.135%	$728K	$969K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.98	+0.031%	$445K	$270K	15x	as long as short
Aster SPCXUSD1	+0.0389%	8h	153.07	+0.090%	$19.0M	$16.3M	20x	as long as short
RISEx SPCX/USDCshort	+0.0410%	1h	153.01	+0.054%	$408K	$539K	20x
edgeX SPCXUSDClong	+0.0965%	4h	152.93	long leg	$1.7M	$893K	20x