Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0187%/8h= +20.4% APRpaid last 24h +0.069%

Price spread now: HTX against GMX+0.115%7-day average — · you sell dearer than you buy

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

Long on GMX Short on HTX

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—needs both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and HTX is 0.115% dearer against GMX than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SPCX/USD [ETH-USDC]	152.24	L −0.0187% / S +0.0435%	get 0.0023% / 1h	33m 37s	$90K	—	20x
Short	HTX SPCX-USDT	152.41	0	get 0.0000% / 8h	33m 37s	$1.3M	$1.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against GMX. 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 GMXbpFee HTXbpOrdersPrice spread, now +0.115%Rate

Funding earned: $39.21
Price spread: +0.115% → 0.000%: $11.5
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: $26.7
Costs to cover: 0.240%
Break-even: 2.2 days

Slippage unknown: GMX: no order-book sample; HTX: live order book, 5 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell HTX live order book, 5 min ago	0.33 bp	10.0 bp −$10	13.3 bp −$133	18.1 bp −$1,805	doesn't fit

GMX: 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]long	L −0.0187% / S +0.0435%	1h	152.24	long leg	$90K	—	20x
Gate SPCX_USDT	0.0000%	8h	152.26	+0.016%	$96.1M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.31	+0.049%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.329%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.36	+0.082%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.56	+0.213%	$8K	$892K	10x	as long as short
HTX SPCX-USDTshort	0.0000%	8h	152.41	+0.115%	$1.3M	$1.8M	75x
Bybit SPCXUSDT	+0.0013%	8h	152.28	+0.030%	$30.5M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0021%	8h	152.31	+0.049%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0028%	1h	152.28	+0.031%	$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 SPCX	+0.0032%	1h	152.21	−0.016%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.19	−0.030%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.24	+0.003%	$103K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.31	+0.049%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.21	−0.016%	$129.8M	$129.2M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.30	+0.043%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.28	+0.030%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.32	+0.056%	$530K	$373K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.16	−0.049%	$3.2M	$2.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.28	+0.030%	$1.2M	$5.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0094%	8h	152.26	+0.016%	$100	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.20	−0.023%	$168K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.17	−0.043%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.34	+0.069%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.33	+0.062%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.32	+0.059%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0127%	8h	152.31	+0.046%	$5.9M	$2.8M	—	as long as short
Binance SPCXUSDT	+0.0141%	8h	152.27	+0.021%	$252.7M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.23	−0.002%	$727K	$5.1M	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.27	+0.023%	$89K	$1.4M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0156%	8h	152.29	+0.036%	$39.7M	$166.6M	75x	as long as short
Bullet SPCX-USD	+0.0156%	1h	152.34	+0.068%	$11K	$192K	10x	as long as short
Nado SPCX-PERP	+0.0181%	1h	152.23	−0.002%	$627K	$803K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	+0.069%	$728K	$930K	10x	as long as short
edgeX SPCXUSDC	+0.0360%	4h	152.30	+0.045%	$1.7M	$892K	20x	as long as short
Phoenix SPCX	+0.0368%	1h	152.31	+0.049%	$443K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0407%	8h	152.37	+0.086%	$18.9M	$29.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.55	+0.207%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.37	+0.085%	$381K	$507K	20x	as long as short