Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h +0.051%

Price spread now: Aster against edgeX−0.042%110s7-day average +0.042% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$220.221% of the position

Long on edgeX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.629%−$63 on $10k

Price spread, last 7 days+0.073%+$7 · spread now −0.042%, 7d avg +0.042%

Together, before fees−0.556%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$56 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.084% cheaper against edgeX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.042%). Swap the legs. The two prices were read 110 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	152.56	0.0639	pay 0.0320% / 4h	3h 21m	$1.7M	$891K	20x
Short	Aster SPCXUSD1	152.50	0.0419	get 0.0419% / 8h	3h 21m	$18.9M	$24.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now −0.042%Rate

Funding earned: −$46.25
Price spread: −0.042% → +0.042%: −$8.37
Slippage, 4 orders: −$5.11
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: −$76.73
Costs to cover: 0.221%
Break-even: never at this rate

Slippage from edgeX: live order book, 2 min ago; Aster: live order book, 2 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	1.64 bp	6.1 bp −$6	7.2 bp −$72	20.0 bp −$1,996	doesn't fit
Sell Aster live order book, 2 min ago	0.33 bp	5.5 bp −$6	9.9 bp −$99	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 −0.0265% / S +0.0494%	1h	152.29	−0.175%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.41	−0.100%	$96.2M	$31.5M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.49	−0.047%	$31.3M	$65.8M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.090%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.43	−0.086%	$300K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.62	+0.038%	$8K	$920K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.38	−0.119%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0014%	8h	152.43	−0.086%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0027%	8h	152.40	−0.106%	$1.9M	$1.3M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0031%	1h	152.37	−0.126%	$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 RH SPCX	+0.0032%	1h	152.35	−0.139%	$2.5M	$7.4M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.36	−0.132%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.36	−0.132%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.32	−0.159%	$495K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.37	−0.126%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.43	−0.086%	$532K	$392K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.15	−0.270%	$3.2M	$2.4M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.34	−0.145%	$1.2M	$5.7M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0055%	8h	152.48	−0.055%	$101	—	5x	as long as short
Lighter SPCX	+0.0096%	1h	152.40	−0.106%	$1.6M	$7.4M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.32	−0.159%	$168K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.36	−0.132%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.61	+0.031%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.34	−0.145%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.35	−0.141%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0141%	8h	152.53	−0.023%	$6.0M	$2.9M	—	as long as short
Binance SPCXUSDT	+0.0144%	8h	152.47	−0.062%	$249.7M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.43	−0.085%	$732K	$3.8M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0146%	8h	152.49	−0.047%	$39.4M	$166.4M	75x	as long as short
tradeXYZ xyz:SPCX	+0.0147%	1h	152.32	−0.159%	$131.5M	$128.0M	20x	as long as short
Nado SPCX-PERP	+0.0210%	1h	152.32	−0.157%	$613K	$802K	20x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	152.48	−0.050%	$408K	$517K	20x	as long as short
Bullet SPCX-USD	+0.0218%	1h	152.41	−0.100%	$12K	$192K	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.080%	$739K	$931K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	152.43	−0.086%	$443K	$264K	15x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0407%	1h	152.39	−0.113%	$86K	$1.2M	10x	as long as short
Aster SPCXUSD1short	+0.0419%	8h	152.50	−0.042%	$18.9M	$24.0M	20x
Injective SPCX/USDC PERP	+0.0440%	1h	153.19	+0.412%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDClong	+0.0639%	4h	152.56	long leg	$1.7M	$891K	20x