Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.027%

Price spread now: tradeXYZ against Gate−0.053%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$390.394% of the position

Long on Gate Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 7 days−0.024%−$2 · spread now −0.053%, 7d avg −0.052%

Together, before fees−0.036%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SPCX_USDT	152.32	0	get 0.0000% / 8h	4m 14s	$96.3M	$32.0M	100x
Short	tradeXYZ xyz:SPCX	152.24	0.0050	get 0.0006% / 1h	4m 14s	$129.7M	$129.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.053%Rate

Funding earned: $10.5
Price spread: −0.053% → −0.052%: −$0.05
Slippage, 4 orders: −$6.4
Fee Gate: 7.5 bp × 2 orders: −$15
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$28.96
Costs to cover: 0.394%
Break-even: 26.3 days

Slippage from Gate: live order book, 5 min ago; tradeXYZ: live order book, 5 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 Gate live order book, 5 min ago	0.33 bp	8.9 bp −$9	16.0 bp −$160	47.0 bp −$4,703	87.6 bp −$43.8K
Sell tradeXYZ live order book, 5 min ago	0.33 bp	9.9 bp −$10	11.8 bp −$118	17.2 bp −$1,723	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	152.25	−0.049%	$90K	—	20x	as long as short
BloFin SPCX-USDT	0.0000%	8h	152.36	+0.026%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.36	+0.026%	$30.5M	$42.8M	100x	as long as short
Gate SPCX_USDTlong	0.0000%	8h	152.32	long leg	$96.3M	$32.0M	100x
Bitget SPCXUSDT	0.0000%	8h	152.36	+0.026%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+13.262%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.36	+0.026%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.57	+0.164%	$8K	$888K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.30	−0.013%	$90K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.41	+0.059%	$1.3M	$1.8M	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	+0.0022%	1h	152.25	−0.048%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.28	−0.026%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.27	−0.033%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.25	−0.046%	$102K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.33	+0.007%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCXshort	+0.0050%	1h	152.24	−0.053%	$129.7M	$129.3M	20x
Polymarket Perps SPCX-USD	+0.0050%	1h	152.28	−0.026%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.31	−0.007%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.30	−0.013%	$530K	$370K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.19	−0.085%	$3.2M	$2.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.31	−0.007%	$1.2M	$5.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0073%	8h	152.32	+0.002%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.24	−0.053%	$168K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.18	−0.092%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.25	−0.046%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.34	+0.013%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.32	+0.002%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0104%	8h	152.31	−0.004%	$5.9M	$2.8M	—	as long as short
Bullet SPCX-USD	+0.0116%	1h	152.34	+0.013%	$11K	$192K	10x	as long as short
Binance SPCXUSDT	+0.0119%	8h	152.35	+0.017%	$253.3M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0120%	1h	152.30	−0.015%	$723K	$5.3M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0134%	8h	152.34	+0.013%	$39.7M	$166.6M	75x	as long as short
Nado SPCX-PERP	+0.0150%	1h	152.27	−0.035%	$631K	$803K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	+0.013%	$728K	$930K	10x	as long as short
Phoenix SPCX	+0.0368%	1h	152.31	−0.007%	$444K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0387%	8h	152.43	+0.070%	$18.9M	$30.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.70	+0.249%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.38	+0.041%	$381K	$505K	20x	as long as short
edgeX SPCXUSDC	+0.0487%	4h	152.29	−0.017%	$1.7M	$890K	20x	as long as short