Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC−0.0050%/8hpaid last 24h −0.015%

Price spread now: Gate against SoDEX−0.007%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$590.592% of the position

Long on SoDEX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.044%−$4 on $10k

Price spread, last 3 days (all we have)−0.002%$0 · spread now −0.007%, 7d avg −0.013%

Together, before fees−0.047%−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.013%, 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	SoDEX SPCX-USD	152.53	0.0050	pay 0.0006% / 1h	23m 41s	$1.7M	$80K	20x
Short	Gate SPCX_USDT	152.52	0	get 0.0000% / 8h	4h 23m	$96.6M	$29.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against SoDEX. 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 SoDEXbpFee GatebpOrdersPrice spread, now −0.007%Rate

Funding earned: −$10.5
Price spread: −0.007% → −0.013%: $0.67
Slippage, 4 orders: −$36.18
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$69.01
Costs to cover: 0.592%
Break-even: never at this rate

Slippage from SoDEX: live order book, 4 min ago; Gate: live order book, 9 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 SoDEX live order book, 4 min ago	0.98 bp	17.6 bp −$18	47.5 bp −$475	doesn't fit	doesn't fit
Sell Gate live order book, 9 min ago	0.99 bp	12.1 bp −$12	17.5 bp −$175	33.8 bp −$3,382	49.0 bp −$24.5K

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 −0.0207% / S +0.0415%	1h	152.47	−0.043%	$88K	—	20x	as long as short
BloFin SPCX-USDT	−0.0058%	8h	152.58	+0.033%	$1.9M	$1.3M	75x	as long as short
Gate SPCX_USDTshort	0.0000%	8h	152.52	−0.007%	$96.6M	$29.8M	100x
GRVT SPCX_USDT_Perp	0.0000%	8h	172.49	+13.088%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.57	+0.026%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.78	+0.164%	$8K	$996K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.56	+0.020%	$1.3M	$1.5M	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0014%	8h	152.65	+0.079%	$39.2M	$161.0M	75x	as long as short
Variational Omni SPCX	+0.0028%	8h	152.52	−0.004%	$6.1M	$4.3M	—	as long as short
Lighter SPCX	+0.0032%	1h	152.50	−0.020%	$1.6M	$7.0M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.48	−0.033%	$2.4M	$7.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.094%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.57	+0.026%	—	$941K	10x	as long as short
Aster SPCXUSD1	+0.0047%	8h	152.64	+0.069%	$17.9M	$19.5M	20x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.48	−0.033%	$131.1M	$97.9M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.49	−0.026%	$491K	$1.1M	10x	as long as short
SoDEX SPCX-USDlong	+0.0050%	1h	152.53	long leg	$1.7M	$80K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.57	+0.026%	$534K	$383K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.41	−0.079%	$3.1M	$2.5M	10x	as long as short
Bybit SPCXUSDT	+0.0055%	8h	152.57	+0.026%	$30.6M	$40.1M	100x	as long as short
QFEX SPCX-USD	+0.0060%	1h	152.53	0.000%	$1.2M	$7.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0060%	8h	152.57	+0.028%	$101	—	5x	as long as short
Binance SPCXUSDT	+0.0062%	8h	152.56	+0.021%	$255.1M	$1.32B	75x	as long as short
Extended SPCX-USD	+0.0064%	1h	152.56	+0.020%	$715K	$3.5M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.47	−0.039%	$176K	$135K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.47	−0.039%	$13.0M	$4.8M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.40	−0.085%	$58K	$269K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.58	+0.033%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.56	+0.021%	$88	—	10x	as long as short
Aftermath Perps SPCXUSD	+0.0116%	1h	152.40	−0.088%	$7K	$10K	10x	as long as short
Bullet SPCX-USD	+0.0163%	1h	152.55	+0.013%	$11K	$190K	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0176%	1h	152.69	+0.105%	$711K	$889K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0209%	1h	152.56	+0.020%	$70K	$985K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.53	0.000%	$370K	$186K	15x	as long as short
Arcus SPCX-USD	+0.0250%	1h	152.50	−0.020%	$106K	$296K	5x	as long as short
Nado SPCX-PERP	+0.0257%	1h	152.50	−0.018%	$673K	$832K	20x	as long as short
Bitget SPCXUSDT	+0.0257%	8h	152.61	+0.052%	$29.2M	$63.2M	75x	as long as short
RISEx SPCX/USDC	+0.0357%	1h	152.60	+0.046%	$322K	$480K	20x	as long as short
edgeX SPCXUSDC	+0.0434%	4h	152.55	+0.014%	$1.7M	$892K	20x	as long as short