Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRpaid last 24h −0.025%

Price spread now: HTX against Extended+0.053%7-day average +0.030% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$240.238% of the position

Long on Extended Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.069%−$7 on $10k

Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.053%, 7d avg +0.030%

Together, before fees−0.132%+ Points / potential airdropExtended: Active · farm board−$13 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.023% dearer against Extended than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of +0.030%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.069% in total) that is about 2.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SPCX-USD	152.30	0.0120	pay 0.0015% / 1h	6m 31s	$724K	$5.3M	10x
Short	HTX SPCX-USDT	152.38	0	get 0.0000% / 8h	6m 31s	$1.3M	$1.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Extended. 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 ExtendedbpFee HTXbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$25.2
Price spread: +0.053% → +0.030%: $2.29
Slippage, 4 orders: −$6.83
Fee Extended: 2.5 bp × 2 orders: −$5
Fee HTX: 6 bp × 2 orders: −$12
Net: −$46.74
Costs to cover: 0.238%
Break-even: never at this rate

Slippage from Extended: 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 Extended live order book, 2 min ago	0.33 bp	2.8 bp −$3	5.5 bp −$55	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	0.33 bp	10.0 bp −$10	13.3 bp −$133	18.1 bp −$1,813	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 −0.0187% / S +0.0435%	1h	152.22	−0.048%	$90K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.31	+0.007%	$30.5M	$42.8M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.31	+0.007%	$96.3M	$32.0M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.33	+0.020%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+13.278%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.33	+0.020%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.57	+0.178%	$8K	$888K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.26	−0.026%	$89K	$1.4M	10x	as long as short
HTX SPCX-USDTshort	0.0000%	8h	152.38	+0.053%	$1.3M	$1.8M	75x
BloFin SPCX-USDT	+0.0001%	8h	152.31	+0.007%	$1.9M	$1.2M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0023%	1h	152.26	−0.027%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.28	−0.012%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.27	−0.019%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.23	−0.045%	$102K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.33	+0.020%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.23	−0.045%	$129.7M	$129.3M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.26	−0.026%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.28	−0.012%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.29	−0.006%	$529K	$370K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.15	−0.098%	$3.2M	$2.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.28	−0.012%	$1.2M	$5.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0074%	8h	152.32	+0.014%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.23	−0.045%	$168K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.18	−0.078%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.33	+0.020%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.34	+0.027%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.30	+0.001%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0111%	8h	152.30	−0.002%	$5.9M	$2.8M	—	as long as short
Bullet SPCX-USD	+0.0119%	1h	152.32	+0.011%	$11K	$192K	10x	as long as short
Extended SPCX-USDlong	+0.0120%	1h	152.30	long leg	$724K	$5.3M	10x
Binance SPCXUSDT	+0.0121%	8h	152.34	+0.024%	$253.3M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0136%	8h	152.33	+0.020%	$39.7M	$166.7M	75x	as long as short
Nado SPCX-PERP	+0.0152%	1h	152.27	−0.021%	$631K	$804K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	+0.027%	$728K	$930K	10x	as long as short
Phoenix SPCX	+0.0368%	1h	152.30	+0.001%	$444K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0389%	8h	152.42	+0.081%	$18.9M	$30.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.58	+0.185%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.35	+0.037%	$381K	$505K	20x	as long as short
edgeX SPCXUSDC	+0.0590%	4h	152.29	−0.004%	$1.7M	$889K	20x	as long as short