Funding arb · Price arb /

SPCX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0162%/8h= +17.7% APRpaid last 24h +0.005%

Price spread now: Aster against Arcus+0.063%7-day average +0.073% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$270.268% of the position

Long on Arcus Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.029%−$3 on $10k

Price spread, last 4 days (all we have)+0.017%+$2 · spread now +0.063%, 7d avg +0.073%

Together, before fees−0.012%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.073%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SPCX-USD	152.98	0.0194	pay 0.0024% / 1h	28m 36s	$105K	$297K	5x
Short	Aster SPCXUSD1	153.08	0.0355	get 0.0355% / 8h	7h 28m	$19.0M	$18.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Arcus. 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 ArcusbpFee AsterbpOrdersPrice spread, now +0.063%Rate

Funding earned: $33.95
Price spread: +0.063% → +0.073%: −$1.04
Slippage, 4 orders: −$14.26
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Aster: 4 bp × 2 orders: −$8
Net: $6.15
Costs to cover: 0.268%
Break-even: 5.7 days

Slippage from Arcus: live order book, 45 min ago; Aster: live order book, 5 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 Arcus live order book, 45 min ago	5.24 bp	7.5 bp −$7	11.8 bp −$118	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	0.33 bp	6.4 bp −$6	11.3 bp −$113	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 −0.0313% / S +0.0517%	1h	153.03	+0.036%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.06	+0.052%	$96.4M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.771%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.91	−0.046%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.29	+0.203%	$8K	$957K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.08	+0.065%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	152.94	−0.026%	$7K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.99	+0.007%	$2.5M	$7.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.791%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.06	+0.052%	—	$1.2M	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	+0.0048%	1h	153.00	+0.013%	$1.6M	$7.4M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.05	+0.046%	$1.7M	$86K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.09	+0.072%	$534K	$414K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.85	−0.085%	$3.2M	$2.6M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0051%	1h	153.04	+0.039%	$489K	$1.1M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.04	+0.039%	$1.2M	$7.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0100%	8h	153.08	+0.066%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.94	−0.026%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.96	−0.013%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.02	+0.026%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.08	+0.065%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.05	+0.048%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0106%	8h	153.09	+0.072%	$1.9M	$1.4M	75x	as long as short
Bybit SPCXUSDT	+0.0181%	8h	153.11	+0.085%	$30.9M	$42.8M	100x	as long as short
Arcus SPCX-USDlong	+0.0194%	1h	152.98	long leg	$105K	$297K	5x
OKX SPCX-USDT-SWAP	+0.0209%	8h	153.12	+0.092%	$39.2M	$169.0M	75x	as long as short
Variational Omni SPCX	+0.0210%	8h	153.02	+0.027%	$6.0M	$3.5M	—	as long as short
Extended SPCX-USD	+0.0224%	1h	153.06	+0.050%	$734K	$4.0M	10x	as long as short
Binance SPCXUSDT	+0.0227%	8h	153.09	+0.070%	$253.2M	$1.38B	75x	as long as short
Nado SPCX-PERP	+0.0235%	1h	152.94	−0.024%	$604K	$848K	20x	as long as short
tradeXYZ xyz:SPCX	+0.0246%	1h	153.04	+0.039%	$143.1M	$119.4M	20x	as long as short
Bullet SPCX-USD	+0.0247%	1h	153.08	+0.066%	$11K	$188K	10x	as long as short
edgeX SPCXUSDC	+0.0257%	4h	153.02	+0.024%	$1.7M	$894K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0273%	1h	153.01	+0.020%	$71K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.04	+0.039%	$445K	$271K	15x	as long as short
Bitget SPCXUSDT	+0.0317%	8h	153.11	+0.085%	$31.3M	$66.4M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.01	+0.020%	$731K	$979K	10x	as long as short
Aster SPCXUSD1short	+0.0355%	8h	153.08	+0.063%	$19.0M	$18.6M	20x
RISEx SPCX/USDC	+0.0409%	1h	153.09	+0.075%	$401K	$535K	20x	as long as short