Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h +0.097%

Price spread now: ApeX Omni against edgeX+0.026%7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$85as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$390.393% of the position

Long on edgeX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.456%−$46 on $10k

Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.026%, 7d avg +0.004%

Together, before fees−0.431%+ Points / potential airdropedgeX: Active · farm board−$43 on $10k · with fees, hour by hour

The price spread pays, funding is against you. ApeX Omni is 0.022% dearer against edgeX than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of +0.004%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.456% in total) that is about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SPCXUSDC	153.07	0.0195	pay 0.0098% / 4h	37m 15s	$1.7M	$892K	20x
Short	ApeX Omni SPCXUSDT	153.11	0.0100	get 0.0013% / 1h	37m 15s	$58K	$271K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now +0.026%Rate

Funding earned: −$19.96
Price spread: +0.026% → +0.004%: $2.25
Slippage, 4 orders: −$20.25
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$56.96
Costs to cover: 0.393%
Break-even: never at this rate

Slippage from edgeX: live order book, 2 min ago; ApeX Omni: live order book, 20 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 edgeX live order book, 2 min ago	1.63 bp	6.1 bp −$6	7.0 bp −$70	20.6 bp −$2,060	doesn't fit
Sell ApeX Omni live order book, 20 min ago	7.51 bp	13.6 bp −$14	52.0 bp −$520	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 −0.0314% / S +0.0531%	1h	153.04	−0.016%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.08	+0.007%	$30.8M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.06	−0.006%	$96.3M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.11	+0.026%	$31.7M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.711%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	153.03	−0.026%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.29	+0.144%	$8K	$937K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.13	+0.039%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0011%	1h	153.04	−0.019%	$73K	$1.2M	10x	as long as short
Aftermath Perps SPCXUSD	+0.0022%	1h	153.04	−0.021%	$8K	$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	153.04	−0.019%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.99	−0.052%	$2.5M	$7.2M	20x	as long as short
BloFin SPCX-USDT	+0.0038%	8h	153.10	+0.020%	$1.9M	$1.4M	75x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.01	−0.039%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.08	+0.007%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.03	−0.026%	$1.2M	$6.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.03	−0.026%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.05	−0.013%	$1.7M	$95K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.09	+0.013%	$533K	$395K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.93	−0.091%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0063%	8h	153.08	+0.010%	$101	—	5x	as long as short
tradeXYZ xyz:SPCX	+0.0074%	1h	153.04	−0.019%	$141.4M	$119.0M	20x	as long as short
Bullet SPCX-USD	+0.0082%	1h	153.08	+0.006%	$10K	$191K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.98	−0.059%	$169K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.99	−0.052%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDTshort	+0.0100%	1h	153.11	+0.026%	$58K	$271K	50x
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.09	+0.013%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.07	−0.002%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0131%	1h	153.00	−0.047%	$617K	$824K	20x	as long as short
Variational Omni SPCX	+0.0149%	8h	153.08	+0.005%	$6.0M	$3.1M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0153%	8h	153.09	+0.013%	$39.5M	$166.9M	75x	as long as short
Binance SPCXUSDT	+0.0158%	8h	153.09	+0.010%	$252.2M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0160%	1h	153.05	−0.012%	$738K	$3.8M	10x	as long as short
RISEx SPCX/USDC	+0.0191%	1h	153.12	+0.033%	$410K	$530K	20x	as long as short
edgeX SPCXUSDClong	+0.0195%	4h	153.07	long leg	$1.7M	$892K	20x
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.04	−0.019%	$738K	$925K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.08	+0.007%	$445K	$268K	15x	as long as short
Aster SPCXUSD1	+0.0408%	8h	153.16	+0.058%	$18.9M	$20.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.35	+0.183%	$9K	$28K	5.5x	as long as short