Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.024%

Price spread now: Bitget against Vest+0.020%7-day average +0.094% · you sell dearer than you buy

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

Long on Vest Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.011%−$1 on $10k

Price spread, last 7 days+0.007%+$1 · spread now +0.020%, 7d avg +0.094%

Together, before fees−0.004%+ Points / potential airdropVest: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.075% cheaper against Vest than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.094%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SPCX-USD-PERP	152.44	0.0046	pay 0.0006% / 1h	17m 15s	—	$1.2M	10x
Short	Bitget SPCXUSDT	152.47	0	get 0.0000% / 8h	7h 17m	$31.0M	$66.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Vest. 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 VestbpFee BitgetbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$9.59
Price spread: +0.020% → +0.094%: −$7.46
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$31.06
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Bitget: live order book, 2 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 Vest no order-book sample	—	—	—	—	—
Sell Bitget live order book, 2 min ago	0.66 bp	6.8 bp −$7	9.7 bp −$97	31.7 bp −$3,166	41.7 bp −$20.8K

Vest: 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 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	152.32	−0.075%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0014%	8h	152.40	−0.026%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.44	0.000%	$30.4M	$43.3M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.42	−0.013%	$96.3M	$32.5M	100x	as long as short
Bitget SPCXUSDTshort	0.0000%	8h	152.47	+0.020%	$31.0M	$66.6M	75x
StandX SPCX-USD	0.0000%	1h	152.38	−0.039%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.56	+0.079%	$8K	$845K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.52	+0.052%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0013%	1h	152.39	−0.033%	$84K	$1.4M	10x	as long as short
Aftermath Perps SPCXUSD	+0.0019%	1h	152.16	−0.187%	$7K	$7K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0032%	1h	152.36	−0.052%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.33	−0.072%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.39	−0.033%	$1.2M	$5.4M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.34	−0.066%	$102K	$294K	5x	as long as short
Vest SPCX-USD-PERPlong	+0.0046%	1h	152.44	long leg	—	$1.2M	10x
tradeXYZ xyz:SPCX	+0.0050%	1h	152.35	−0.059%	$129.8M	$129.7M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.36	−0.052%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.38	−0.039%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.34	−0.066%	$531K	$364K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.14	−0.197%	$3.1M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0060%	8h	152.43	−0.006%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0085%	8h	152.29	−0.096%	$5.9M	$2.8M	—	as long as short
Pacifica SPCX	+0.0100%	1h	152.33	−0.072%	$169K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.36	−0.052%	$13.0M	$5.7M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.33	−0.072%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.44	0.000%	$14K	$7K	10x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.38	−0.038%	$725K	$5.3M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.41	−0.018%	$88	—	10x	as long as short
Binance SPCXUSDT	+0.0106%	8h	152.42	−0.013%	$254.1M	$1.37B	75x	as long as short
Nado SPCX-PERP	+0.0108%	1h	152.36	−0.050%	$633K	$812K	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0113%	8h	152.45	+0.007%	$39.3M	$167.7M	75x	as long as short
Bullet SPCX-USD	+0.0132%	1h	152.44	+0.001%	$11K	$192K	10x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.45	+0.007%	$381K	$507K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.27	−0.112%	$447K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.40	−0.026%	$690K	$1.0M	10x	as long as short
edgeX SPCXUSDC	+0.0322%	4h	152.33	−0.072%	$1.7M	$890K	20x	as long as short
Aster SPCXUSD1	+0.0394%	8h	152.57	+0.085%	$19.0M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.51	+0.046%	$9K	$28K	5.5x	as long as short