Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0089%/8h= +9.7% APRpaid last 24h +0.016%

Price spread now: Bybit against StandX+0.072%48s7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$330.328% of the position

Long on StandX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.032%+$3 on $10k

Price spread, last 7 days−0.104%−$10 · spread now +0.072%, 7d avg −0.025%

Together, before fees−0.073%+ Points / potential airdropStandX: Active · farm board−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.097% dearer against StandX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.025%. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	StandX SPCX-USD	152.98	0	get 0.0000% / 1h	17m 34s	$302K	$3.1M	20x
Short	Bybit SPCXUSDT	153.09	0.0089	get 0.0089% / 8h	6h 17m	$30.8M	$42.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against StandX. 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 StandXbpFee BybitbpOrdersPrice spread, now +0.072%Rate

Funding earned: $18.65
Price spread: +0.072% → −0.025%: $9.71
Slippage, 4 orders: −$13.81
Fee StandX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$4.44
Costs to cover: 0.328%
Break-even: 8.7 days

Slippage from StandX: live order book, 1 min ago; Bybit: live order book, 1 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 StandX live order book, 1 min ago	3.59 bp	7.6 bp −$8	13.9 bp −$139	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	0.33 bp	6.7 bp −$7	8.8 bp −$88	33.7 bp −$3,373	doesn't fit

SPCX on 38 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 −0.0346% / S +0.0541%	1h	153.04	+0.042%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.08	+0.065%	$96.1M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.776%	$4K	$882	10x	as long as short
StandX SPCX-USDlong	0.0000%	1h	152.98	long leg	$302K	$3.1M	20x
SunX SPCX-USDT	0.0000%	8h	153.32	+0.222%	$8K	$946K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.15	+0.111%	$1.3M	$1.7M	75x	as long as short
edgeX SPCXUSDC	+0.0020%	4h	153.07	+0.058%	$1.7M	$893K	20x	as long as short
Aftermath Perps SPCXUSD	+0.0024%	1h	152.98	+0.002%	$8K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.01	+0.020%	$2.5M	$7.3M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	153.32	+0.222%	$9K	$27K	5.5x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0040%	1h	153.04	+0.039%	$1.6M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.02	+0.026%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.05	+0.046%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	153.05	+0.046%	$1.2M	$6.7M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.04	+0.039%	$501K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.07	+0.059%	$1.7M	$91K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.10	+0.078%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.94	−0.026%	$3.2M	$2.6M	10x	as long as short
Bybit SPCXUSDTshort	+0.0089%	8h	153.09	+0.072%	$30.8M	$42.9M	100x
Paradex SPCX-USD-PERP	+0.0089%	8h	153.09	+0.074%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.99	+0.007%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.00	+0.013%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.12	+0.092%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.11	+0.085%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.10	+0.077%	$89	—	10x	as long as short
Bitget SPCXUSDT	+0.0140%	8h	153.14	+0.105%	$31.9M	$66.1M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0142%	1h	153.02	+0.026%	$72K	$1.1M	10x	as long as short
Bullet SPCX-USD	+0.0174%	1h	153.11	+0.085%	$11K	$190K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0183%	1h	153.04	+0.039%	$142.4M	$119.1M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0198%	8h	153.12	+0.092%	$39.4M	$168.8M	75x	as long as short
Variational Omni SPCX	+0.0208%	8h	153.07	+0.057%	$6.0M	$3.3M	—	as long as short
Binance SPCXUSDT	+0.0222%	8h	153.11	+0.082%	$252.9M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0224%	1h	153.06	+0.051%	$736K	$3.8M	10x	as long as short
Nado SPCX-PERP	+0.0245%	1h	152.98	−0.003%	$622K	$838K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	152.97	−0.007%	$738K	$973K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.08	+0.065%	$445K	$270K	15x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.11	+0.086%	$408K	$539K	20x	as long as short
Aster SPCXUSD1	+0.0411%	8h	153.14	+0.105%	$19.0M	$15.0M	20x	as long as short