Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%

Price spread now: Bybit against Bitget−0.026%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$280.284% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 7 days+0.046%+$5 · spread now −0.026%, 7d avg −0.015%

Together, before fees+0.004%$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SPCXUSDT	152.50	0	get 0.0000% / 8h	2h 31m	$31.3M	$65.8M	75x
Short	Bybit SPCXUSDT	152.46	0	get 0.0000% / 8h	2h 31m	$30.6M	$42.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now −0.026%Rate

Funding earned: $0
Price spread: −0.026% → −0.015%: −$1.08
Slippage, 4 orders: −$5.39
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$29.46
Costs to cover: 0.284%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Bybit: live order book, 3 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 Bitget live order book, 3 min ago	0.66 bp	7.0 bp −$7	8.7 bp −$87	25.7 bp −$2,568	40.1 bp −$20.0K
Sell Bybit live order book, 3 min ago	0.33 bp	7.1 bp −$7	9.8 bp −$98	37.2 bp −$3,721	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	152.40	−0.069%	$90K	—	20x	as long as short
Bybit SPCXUSDTshort	0.0000%	8h	152.46	−0.026%	$30.6M	$42.7M	100x
Gate SPCX_USDT	0.0000%	8h	152.46	−0.026%	$96.1M	$31.7M	100x	as long as short
Bitget SPCXUSDTlong	0.0000%	8h	152.50	long leg	$31.3M	$65.8M	75x
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.132%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.47	−0.020%	$300K	$2.8M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.69	+0.125%	$8K	$910K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.57	+0.046%	$1.3M	$1.8M	75x	as long as short
BloFin SPCX-USDT	+0.0001%	8h	152.46	−0.026%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0022%	1h	152.36	−0.092%	$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	152.42	−0.052%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.39	−0.072%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.39	−0.072%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.47	−0.020%	$1.2M	$5.6M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.49	−0.007%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.40	−0.066%	$130.9M	$128.6M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.44	−0.039%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.48	−0.013%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.51	+0.007%	$531K	$387K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.27	−0.151%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0061%	8h	152.51	+0.005%	$101	—	5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0078%	1h	152.47	−0.020%	$87K	$1.3M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.39	−0.072%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.41	−0.059%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.37	−0.085%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.51	+0.007%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.49	−0.009%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0115%	8h	152.49	−0.006%	$6.0M	$2.8M	—	as long as short
Binance SPCXUSDT	+0.0120%	8h	152.50	0.000%	$250.6M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0120%	1h	152.46	−0.027%	$731K	$4.6M	10x	as long as short
Nado SPCX-PERP	+0.0122%	1h	152.41	−0.058%	$613K	$802K	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0126%	8h	152.49	−0.007%	$39.3M	$166.3M	75x	as long as short
Bullet SPCX-USD	+0.0153%	1h	152.50	−0.001%	$11K	$193K	10x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.53	+0.016%	$408K	$513K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.039%	$739K	$923K	10x	as long as short
Phoenix SPCX	+0.0263%	1h	152.45	−0.033%	$443K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0378%	8h	152.59	+0.056%	$18.9M	$24.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.70	+0.131%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0963%	4h	152.42	−0.050%	$1.7M	$893K	20x	as long as short