Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0226%/8h= −24.8% APRpaid last 24h +0.032%

Price spread now: Aftermath Perps against edgeX−0.080%68s7-day average — · you buy dearer than you sell

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

Long on edgeX Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aftermath Perps is 0.080% cheaper against edgeX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 68 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	edgeX SPCXUSDC	152.54	0.0251	pay 0.0126% / 4h	2h 49m	$1.7M	$892K	20x
Short	Aftermath Perps SPCXUSD	152.41	0.0025	get 0.0003% / 1h	49m 54s	$7K	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against edgeX. 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 edgeXbpFee Aftermath PerpsbpOrdersPrice spread, now −0.080%Rate

Funding earned: −$47.52
Price spread: −0.080% → 0.000%: −$8.04
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$73.56
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 4 min ago; Aftermath Perps: no order-book sample. 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 edgeX live order book, 4 min ago	1.64 bp	6.1 bp −$6	7.2 bp −$72	21.8 bp −$2,181	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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 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 −0.0224% / S +0.0463%	1h	152.47	−0.047%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.54	+0.003%	$96.3M	$31.5M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.60	+0.042%	$31.3M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.107%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.62	+0.055%	$300K	$2.8M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.78	+0.160%	$8K	$916K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.54	+0.003%	$87K	$1.2M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.64	+0.068%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0001%	8h	152.56	+0.016%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0013%	8h	152.59	+0.035%	$1.9M	$1.2M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSDshort	+0.0025%	1h	152.41	−0.080%	$7K	$8K	10x
Lighter SPCX	+0.0032%	1h	152.53	−0.004%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.49	−0.030%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.47	−0.043%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.53	−0.004%	$1.2M	$5.6M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.58	+0.029%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.47	−0.043%	$131.0M	$128.5M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.54	+0.003%	$490K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.55	+0.009%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.61	+0.048%	$532K	$388K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.40	−0.089%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0063%	8h	152.59	+0.037%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.48	−0.037%	$169K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.44	−0.063%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.45	−0.056%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.55	+0.009%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.57	+0.025%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0124%	8h	152.56	+0.015%	$6.0M	$2.9M	—	as long as short
Binance SPCXUSDT	+0.0132%	8h	152.57	+0.022%	$250.7M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0136%	1h	152.54	+0.002%	$731K	$4.6M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0142%	8h	152.58	+0.029%	$39.4M	$166.5M	75x	as long as short
Nado SPCX-PERP	+0.0146%	1h	152.51	−0.016%	$614K	$804K	20x	as long as short
Bullet SPCX-USD	+0.0226%	1h	152.59	+0.037%	$12K	$193K	10x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.62	+0.055%	$408K	$522K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.063%	$739K	$931K	10x	as long as short
edgeX SPCXUSDClong	+0.0251%	4h	152.54	long leg	$1.7M	$892K	20x
Phoenix SPCX	+0.0263%	1h	152.52	−0.011%	$443K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0398%	8h	152.59	+0.037%	$18.9M	$24.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.67	+0.088%	$9K	$28K	5.5x	as long as short