Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.025%

Price spread now: Extended against Gate−0.010%7-day average −0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$310.305% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 7 days−0.140%−$14 · spread now −0.010%, 7d avg −0.054%

Together, before fees−0.071%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Extended is 0.044% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.054%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SPCX_USDT	152.31	0	get 0.0000% / 8h	13m 56s	$96.2M	$32.0M	100x
Short	Extended SPCX-USD	152.29	0.0128	get 0.0016% / 1h	13m 56s	$724K	$5.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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 GatebpFee ExtendedbpOrdersPrice spread, now −0.010%Rate

Funding earned: $26.88
Price spread: −0.010% → −0.054%: $4.44
Slippage, 4 orders: −$10.52
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $0.8
Costs to cover: 0.305%
Break-even: 6.8 days

Slippage from Gate: live order book, 5 min ago; Extended: live order book, 5 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 Gate live order book, 5 min ago	0.33 bp	11.6 bp −$12	16.8 bp −$168	45.7 bp −$4,573	87.7 bp −$43.9K
Sell Extended live order book, 5 min ago	0.99 bp	3.5 bp −$3	6.2 bp −$62	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 −0.0187% / S +0.0435%	1h	152.24	−0.049%	$90K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.32	+0.007%	$30.5M	$42.8M	100x	as long as short
Gate SPCX_USDTlong	0.0000%	8h	152.31	long leg	$96.2M	$32.0M	100x
Bitget SPCXUSDT	0.0000%	8h	152.34	+0.020%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.273%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.33	+0.013%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.56	+0.164%	$8K	$889K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.39	+0.053%	$1.3M	$1.8M	75x	as long as short
BloFin SPCX-USDT	+0.0007%	8h	152.31	0.000%	$1.9M	$1.2M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0013%	1h	152.28	−0.020%	$89K	$1.4M	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	+0.0023%	1h	152.22	−0.061%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.27	−0.026%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.25	−0.039%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.24	−0.046%	$103K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.32	+0.007%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.21	−0.066%	$129.7M	$129.3M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.27	−0.026%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.29	−0.013%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.31	0.000%	$530K	$371K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.17	−0.092%	$3.2M	$2.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.28	−0.020%	$1.2M	$5.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0078%	8h	152.32	+0.009%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.23	−0.053%	$168K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.17	−0.092%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.32	+0.007%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.29	−0.013%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.31	+0.002%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0115%	8h	152.29	−0.012%	$5.9M	$2.8M	—	as long as short
Binance SPCXUSDT	+0.0127%	8h	152.33	+0.014%	$253.2M	$1.36B	75x	as long as short
Bullet SPCX-USD	+0.0127%	1h	152.33	+0.013%	$11K	$192K	10x	as long as short
Extended SPCX-USDshort	+0.0128%	1h	152.29	−0.010%	$724K	$5.3M	10x
OKX SPCX-USDT-SWAP	+0.0141%	8h	152.34	+0.020%	$39.7M	$166.7M	75x	as long as short
Nado SPCX-PERP	+0.0156%	1h	152.26	−0.036%	$631K	$804K	20x	as long as short
edgeX SPCXUSDC	+0.0230%	4h	152.30	−0.007%	$1.7M	$891K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	+0.020%	$728K	$930K	10x	as long as short
Phoenix SPCX	+0.0368%	1h	152.31	0.000%	$444K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0397%	8h	152.42	+0.072%	$18.9M	$29.9M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.58	+0.177%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.37	+0.042%	$381K	$507K	20x	as long as short