Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0061%/8h= −6.7% APRpaid last 24h +0.007%

Price spread now: tradeXYZ against Bitget−0.033%7-day average −0.095% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

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

Long on Bitget Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.083%−$8 on $10k

Price spread, last 7 days−0.014%−$1 · spread now −0.033%, 7d avg −0.095%

Together, before fees−0.097%+ Points / potential airdroptradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. tradeXYZ is 0.062% dearer against Bitget than usual: you sell high and buy low (spread −0.033% now, against its 7-day average of −0.095%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SPCXUSDT	152.90	0.0312	pay 0.0312% / 8h	12m 45s	$31.2M	$67.1M	75x
Short	tradeXYZ xyz:SPCX	152.85	0.0251	get 0.0031% / 1h	12m 45s	$143.4M	$119.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.033%Rate

Funding earned: −$12.82
Price spread: −0.033% → −0.095%: $6.25
Slippage, 4 orders: −$2.81
Fee Bitget: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$39.38
Costs to cover: 0.328%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; tradeXYZ: live order book, 7 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, 1 min ago	0.65 bp	7.2 bp −$7	8.2 bp −$82	25.8 bp −$2,576	36.0 bp −$18.0K
Sell tradeXYZ live order book, 7 min ago	0.33 bp	9.3 bp −$9	10.0 bp −$100	12.4 bp −$1,239	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 −0.0281% / S +0.0494%	1h	152.85	−0.029%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.87	−0.020%	$96.6M	$31.5M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.51	+12.829%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.81	−0.059%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.07	+0.111%	$8K	$972K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.88	−0.013%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0030%	1h	152.83	−0.045%	$7K	$10K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.82	−0.052%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.845%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.81	−0.059%	$105K	$297K	5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SPCX-USD-PERP	+0.0046%	1h	152.83	−0.046%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.84	−0.039%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.86	−0.026%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.80	−0.065%	$534K	$411K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.75	−0.098%	$3.2M	$2.8M	10x	as long as short
QFEX SPCX-USD	+0.0052%	1h	152.86	−0.026%	$1.2M	$7.7M	10x	as long as short
BloFin SPCX-USDT	+0.0081%	8h	152.92	+0.013%	$1.9M	$1.4M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0096%	8h	152.89	−0.010%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.76	−0.092%	$173K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.77	−0.085%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.88	−0.013%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.86	−0.026%	$15K	$7K	10x	as long as short
Lighter SPCX	+0.0104%	1h	152.86	−0.026%	$1.6M	$7.5M	20x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.88	−0.011%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0153%	8h	152.91	+0.007%	$30.7M	$42.9M	100x	as long as short
Bullet SPCX-USD	+0.0156%	1h	152.88	−0.013%	$12K	$188K	10x	as long as short
Variational Omni SPCX	+0.0178%	8h	152.85	−0.031%	$6.0M	$3.4M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0196%	8h	152.90	0.000%	$38.9M	$169.5M	75x	as long as short
Extended SPCX-USD	+0.0200%	1h	152.86	−0.025%	$734K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0201%	8h	152.89	−0.007%	$252.7M	$1.39B	75x	as long as short
tradeXYZ xyz:SPCXshort	+0.0251%	1h	152.85	−0.033%	$143.4M	$119.5M	20x
Phoenix SPCX	+0.0261%	1h	152.86	−0.026%	$445K	$269K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.97	+0.046%	$733K	$970K	10x	as long as short
Nado SPCX-PERP	+0.0296%	1h	152.75	−0.096%	$601K	$885K	20x	as long as short
Aster SPCXUSD1	+0.0302%	8h	152.96	+0.039%	$19.0M	$21.3M	20x	as long as short
Bitget SPCXUSDTlong	+0.0312%	8h	152.90	long leg	$31.2M	$67.1M	75x
RISEx SPCX/USDC	+0.0339%	1h	152.94	+0.024%	$403K	$539K	20x	as long as short
edgeX SPCXUSDC	+0.0534%	4h	152.85	−0.031%	$1.7M	$894K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0601%	1h	152.87	−0.020%	$71K	$1.0M	10x	as long as short