Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0300%/8h= +32.9% APRpaid last 24h +0.017%

Price spread now: Aster against Polymarket Perps+0.072%7-day average +0.084% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$240.244% of the position

Long on Polymarket Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 7 days+0.063%+$6 · spread now +0.072%, 7d avg +0.084%

Together, before fees+0.039%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.084%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.023% in total (about -1.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps SPCX-USD	152.63	0.0050	pay 0.0006% / 1h	2m 02s	$488K	$1.2M	10x
Short	Aster SPCXUSD1	152.74	0.0350	get 0.0350% / 8h	2h 02m	$18.9M	$24.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Polymarket Perps. 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 Polymarket PerpsbpFee AsterbpOrdersPrice spread, now +0.072%Rate

Funding earned: $63.05
Price spread: +0.072% → +0.084%: −$1.2
Slippage, 4 orders: −$8.39
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: $37.45
Costs to cover: 0.244%
Break-even: 2.8 days

Slippage from Polymarket Perps: live order book, 1 min ago; Aster: 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 Polymarket Perps live order book, 1 min ago	2.62 bp	6.6 bp −$7	6.6 bp −$66	7.8 bp −$779	doesn't fit
Sell Aster live order book, 2 min ago	0.98 bp	5.6 bp −$6	10.3 bp −$103	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 −0.0187% / S +0.0435%	1h	152.63	+0.003%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0026%	8h	152.68	+0.033%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.68	+0.033%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.68	+0.033%	$96.2M	$32.0M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.73	+0.066%	$31.2M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.040%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.75	+0.079%	$301K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.94	+0.203%	$8K	$897K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.80	+0.111%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0017%	1h	152.65	+0.011%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0032%	1h	152.60	−0.020%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.59	−0.026%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.66	+0.020%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.68	+0.033%	$1.2M	$5.5M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.70	+0.046%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.57	−0.039%	$130.1M	$129.1M	20x	as long as short
Polymarket Perps SPCX-USDlong	+0.0050%	1h	152.63	long leg	$488K	$1.2M	10x
SoDEX SPCX-USD	+0.0050%	1h	152.68	+0.033%	$1.7M	$96K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.71	+0.052%	$531K	$384K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.60	−0.020%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0056%	8h	152.75	+0.080%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0081%	8h	152.73	+0.064%	$6.0M	$2.8M	—	as long as short
Binance SPCXUSDT	+0.0093%	8h	152.68	+0.034%	$250.0M	$1.36B	75x	as long as short
Nado SPCX-PERP	+0.0094%	1h	152.66	+0.017%	$613K	$801K	20x	as long as short
Extended SPCX-USD	+0.0096%	1h	152.67	+0.027%	$731K	$4.6M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.65	+0.013%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.60	−0.020%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.66	+0.020%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.70	+0.046%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.68	+0.033%	$89	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0109%	8h	152.73	+0.066%	$39.6M	$167.0M	75x	as long as short
Bullet SPCX-USD	+0.0120%	1h	152.72	+0.061%	$11K	$192K	10x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.75	+0.075%	$409K	$513K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.70	+0.046%	$731K	$938K	10x	as long as short
Phoenix SPCX	+0.0263%	1h	152.77	+0.092%	$444K	$266K	15x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0274%	1h	152.65	+0.013%	$88K	$1.3M	10x	as long as short
Aster SPCXUSD1short	+0.0350%	8h	152.74	+0.072%	$18.9M	$24.8M	20x
Injective SPCX/USDC PERP	+0.0440%	1h	153.00	+0.242%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0757%	4h	152.72	+0.056%	$1.7M	$892K	20x	as long as short