Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0123%/8h= +13.5% APRpaid last 24h −0.042%

Price spread now: edgeX against Extended+0.016%93s7-day average +0.058% · you sell dearer than you buy

Net, funding: paid 7d − costs+$44as 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−$190.192% of the position

Long on Extended Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.636%+$64 on $10k

Price spread, last 7 days+0.144%+$14 · spread now +0.016%, 7d avg +0.058%

Together, before fees+0.780%+ Points / potential airdropExtended: Active · edgeX: Active · farm board+$78 on $10k · with fees, hour by hour

Funding pays, the price is against you. edgeX is 0.042% cheaper against Extended than usual: you would sell low and buy high (spread +0.016% now, against its 7-day average of +0.058%). If the spread goes back, that is −$4 on $10k: about 27 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.636% in total) that is about 11 hours. The two prices were read 93 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	Extended SPCX-USD	152.51	0.0128	pay 0.0016% / 1h	47m 54s	$731K	$4.6M	10x
Short	edgeX SPCXUSDC	152.54	0.0251	get 0.0126% / 4h	2h 47m	$1.7M	$892K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Extended. 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 ExtendedbpFee edgeXbpOrdersPrice spread, now +0.016%Rate

Funding earned: $25.83
Price spread: +0.016% → +0.058%: −$4.19
Slippage, 4 orders: −$5.25
Fee Extended: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $2.4
Costs to cover: 0.192%
Break-even: 6.3 days

Slippage from Extended: live order book, 6 min ago; edgeX: live order book, 6 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 Extended live order book, 6 min ago	0.98 bp	3.5 bp −$3	6.1 bp −$61	doesn't fit	doesn't fit
Sell edgeX live order book, 6 min ago	1.64 bp	6.1 bp −$6	7.1 bp −$71	19.6 bp −$1,959	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 −0.0224% / S +0.0463%	1h	152.44	−0.043%	$90K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.56	+0.032%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.54	+0.019%	$96.3M	$31.6M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.59	+0.052%	$31.3M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.125%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.63	+0.078%	$300K	$2.8M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.78	+0.176%	$8K	$916K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.63	+0.078%	$1.3M	$1.8M	75x	as long as short
BloFin SPCX-USDT	+0.0011%	8h	152.56	+0.032%	$1.9M	$1.2M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0012%	1h	152.54	+0.019%	$87K	$1.2M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0024%	1h	152.44	−0.046%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.50	−0.007%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.47	−0.027%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.47	−0.027%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.53	+0.012%	$1.2M	$5.6M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.57	+0.039%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.47	−0.027%	$131.0M	$128.5M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.52	+0.006%	$490K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.53	+0.012%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.56	+0.032%	$531K	$388K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.40	−0.073%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0063%	8h	152.57	+0.041%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.45	−0.040%	$169K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.42	−0.060%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.60	+0.058%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.55	+0.025%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.56	+0.030%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0124%	8h	152.56	+0.031%	$6.0M	$2.9M	—	as long as short
Extended SPCX-USDlong	+0.0128%	1h	152.51	long leg	$731K	$4.6M	10x
Nado SPCX-PERP	+0.0128%	1h	152.46	−0.033%	$614K	$804K	20x	as long as short
Binance SPCXUSDT	+0.0130%	8h	152.57	+0.036%	$250.7M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0140%	8h	152.58	+0.045%	$39.4M	$166.5M	75x	as long as short
Bullet SPCX-USD	+0.0199%	1h	152.57	+0.039%	$12K	$193K	10x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.60	+0.062%	$408K	$522K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.047%	$739K	$931K	10x	as long as short
edgeX SPCXUSDCshort	+0.0251%	4h	152.54	+0.016%	$1.7M	$892K	20x
Phoenix SPCX	+0.0263%	1h	152.52	+0.006%	$443K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0394%	8h	152.59	+0.054%	$18.9M	$24.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.67	+0.104%	$9K	$28K	5.5x	as long as short