Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0187%/8h= +20.4% APRpaid last 24h +0.071%

Price spread now: HTX against GMX+0.121%7-day average — · you sell dearer than you buy

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

Long on GMX Short on HTX

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—needs both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and HTX is 0.121% dearer against GMX than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SPCX/USD [ETH-USDC]	152.66	L −0.0187% / S +0.0435%	get 0.0023% / 1h	1m 51s	$90K	—	20x
Short	HTX SPCX-USDT	152.84	0	get 0.0000% / 8h	6h 01m	$1.3M	$1.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against GMX. 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 GMXbpFee HTXbpOrdersPrice spread, now +0.121%Rate

Funding earned: $39.21
Price spread: +0.121% → 0.000%: $12.12
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: $27.33
Costs to cover: 0.240%
Break-even: 2.1 days

Slippage unknown: GMX: no order-book sample; HTX: live order book, 5 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell HTX live order book, 5 min ago	0.33 bp	12.3 bp −$12	15.2 bp −$152	21.5 bp −$2,155	doesn't fit

GMX: 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 38 exchanges

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]long	L −0.0187% / S +0.0435%	1h	152.66	long leg	$90K	—	20x
BloFin SPCX-USDT	−0.0058%	8h	152.79	+0.088%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.75	+0.062%	$30.3M	$43.4M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.71	+0.036%	$96.1M	$32.9M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.76	+0.069%	$31.0M	$67.0M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.72	+0.043%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.03	+0.246%	$8K	$822K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.67	+0.010%	$47K	$1.4M	10x	as long as short
HTX SPCX-USDTshort	0.0000%	8h	152.84	+0.121%	$1.3M	$1.7M	75x
Aftermath Perps SPCXUSD	+0.0020%	1h	152.72	+0.041%	$7K	$7K	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SPCX	+0.0030%	8h	152.71	+0.035%	$5.9M	$2.7M	—	as long as short
QFEX SPCX-USD	+0.0031%	1h	152.64	−0.010%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.67	+0.010%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.65	−0.003%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.63	−0.016%	$103K	$295K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.72	+0.043%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.60	−0.036%	$128.7M	$129.6M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.74	+0.056%	$488K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.69	+0.023%	$1.7M	$102K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.70	+0.029%	$534K	$365K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.57	−0.056%	$3.1M	$2.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0051%	8h	152.71	+0.033%	$101	—	5x	as long as short
Binance SPCXUSDT	+0.0063%	8h	152.74	+0.056%	$252.2M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0064%	1h	152.69	+0.024%	$724K	$5.4M	10x	as long as short
RISEx SPCX/USDC	+0.0068%	1h	152.74	+0.056%	$351K	$518K	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0091%	8h	152.76	+0.069%	$39.5M	$168.7M	75x	as long as short
Bullet SPCX-USD	+0.0094%	1h	152.76	+0.067%	$12K	$191K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.72	+0.043%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.66	+0.003%	$13.0M	$6.1M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.62	−0.023%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.71	+0.036%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.65	−0.004%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0110%	1h	152.68	+0.015%	$632K	$806K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0184%	1h	152.69	+0.023%	$688K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0209%	1h	152.69	+0.023%	$448K	$271K	15x	as long as short
Aster SPCXUSD1	+0.0391%	8h	152.91	+0.167%	$19.0M	$30.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.78	+0.082%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0730%	4h	152.71	+0.039%	$1.7M	$890K	20x	as long as short