Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0027%/8h= +3.0% APRpaid last 24h +0.012%

Price spread now: Aftermath Perps against Gate−0.060%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aftermath Perps is 0.060% cheaper against Gate than usual: you would sell low and buy high (spread −0.060% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 7.3 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SPCX_USDT	153.04	0	get 0.0000% / 8h	7h 25m	$96.4M	$31.3M	100x
Short	Aftermath Perps SPCXUSD	152.95	0.0027	get 0.0003% / 1h	25m 37s	$7K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Gate. 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 GatebpFee Aftermath PerpsbpOrdersPrice spread, now −0.060%Rate

Funding earned: $5.73
Price spread: −0.060% → 0.000%: −$5.99
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$24.27
Costs to cover: 0.240%
Break-even: 36.7 days

Slippage unknown: Gate: live order book, 3 min ago; Aftermath Perps: 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 Gate live order book, 3 min ago	0.33 bp	11.6 bp −$12	20.1 bp −$201	48.9 bp −$4,886	89.1 bp −$44.6K
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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 −0.0315% / S +0.0518%	1h	153.03	−0.003%	$88K	—	20x	as long as short
Gate SPCX_USDTlong	0.0000%	8h	153.04	long leg	$96.4M	$31.3M	100x
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.727%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.93	−0.072%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.32	+0.183%	$8K	$955K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.07	+0.020%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0011%	1h	153.02	−0.013%	$72K	$1.1M	10x	as long as short
Aftermath Perps SPCXUSDshort	+0.0027%	1h	152.95	−0.060%	$7K	$8K	10x
Lighter RH SPCX	+0.0032%	1h	152.99	−0.033%	$2.5M	$7.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.751%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SPCX-USD-PERP	+0.0046%	1h	153.08	+0.026%	—	$1.2M	10x	as long as short
Lighter SPCX	+0.0048%	1h	153.02	−0.013%	$1.6M	$7.4M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.05	+0.007%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.06	+0.013%	$1.7M	$86K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.09	+0.033%	$534K	$414K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.94	−0.065%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.01	−0.020%	$1.2M	$7.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0098%	8h	153.08	+0.025%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.96	−0.052%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.98	−0.039%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.01	−0.020%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.10	+0.039%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.09	+0.033%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0109%	8h	153.07	+0.020%	$1.9M	$1.4M	75x	as long as short
Bybit SPCXUSDT	+0.0174%	8h	153.08	+0.026%	$30.9M	$42.8M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	153.01	−0.020%	$105K	$297K	5x	as long as short
OKX SPCX-USDT-SWAP	+0.0211%	8h	153.08	+0.026%	$39.2M	$169.0M	75x	as long as short
Variational Omni SPCX	+0.0216%	8h	153.07	+0.019%	$6.0M	$3.5M	—	as long as short
Binance SPCXUSDT	+0.0231%	8h	153.07	+0.020%	$253.2M	$1.38B	75x	as long as short
Nado SPCX-PERP	+0.0231%	1h	152.99	−0.030%	$604K	$848K	20x	as long as short
Extended SPCX-USD	+0.0232%	1h	153.04	−0.002%	$734K	$4.0M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0238%	1h	153.02	−0.013%	$143.1M	$119.5M	20x	as long as short
Bullet SPCX-USD	+0.0244%	1h	153.09	+0.033%	$11K	$188K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.04	0.000%	$445K	$271K	15x	as long as short
Bitget SPCXUSDT	+0.0317%	8h	153.10	+0.039%	$31.3M	$66.4M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.01	−0.020%	$731K	$979K	10x	as long as short
Aster SPCXUSD1	+0.0361%	8h	153.09	+0.031%	$19.0M	$18.3M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.08	+0.026%	$401K	$535K	20x	as long as short
edgeX SPCXUSDC	+0.0934%	4h	153.06	+0.013%	$1.7M	$892K	20x	as long as short