Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC+0.0274%/8hpaid last 24h 0.000%

Price spread now: edgeX against Nado+0.071%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$240.244% of the position

Long on Nado Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.316%+$32 on $10k

Price spread, last 7 days−0.057%−$6 · spread now +0.071%, 7d avg −0.018%

Together, before fees+0.258%+ Points / potential airdropNado: Active · edgeX: Active · farm board+$26 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and edgeX is 0.089% dearer against Nado than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SPCX-PERP	152.47	0.0256	pay 0.0032% / 1h	23m 18s	$673K	$832K	20x
Short	edgeX SPCXUSDC	152.58	0.0530	get 0.0265% / 4h	23m 18s	$1.7M	$893K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Nado. 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 NadobpFee edgeXbpOrdersPrice spread, now +0.071%Rate

Funding earned: $57.5
Price spread: +0.071% → −0.018%: $8.86
Slippage, 4 orders: −$8.44
Fee Nado: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $41.93
Costs to cover: 0.244%
Break-even: 1.9 days

Slippage from Nado: live order book, 9 min ago; edgeX: 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 Nado live order book, 9 min ago	0.33 bp	5.0 bp −$5	14.8 bp −$148	doesn't fit	doesn't fit
Sell edgeX live order book, 5 min ago	1.64 bp	6.1 bp −$6	7.4 bp −$74	20.7 bp −$2,065	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 −0.0207% / S +0.0415%	1h	152.57	+0.066%	$88K	—	20x	as long as short
BloFin SPCX-USDT	−0.0058%	8h	152.58	+0.072%	$1.9M	$1.3M	75x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.59	+0.079%	$96.7M	$29.8M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.50	+13.135%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.60	+0.085%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.83	+0.236%	$8K	$996K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.56	+0.059%	$1.3M	$1.5M	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0015%	8h	152.69	+0.145%	$39.2M	$161.1M	75x	as long as short
Variational Omni SPCX	+0.0028%	8h	152.52	+0.036%	$6.1M	$4.3M	—	as long as short
Lighter SPCX	+0.0032%	1h	152.50	+0.020%	$1.6M	$7.0M	20x	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	152.48	+0.007%	$2.4M	$7.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.135%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.62	+0.099%	—	$941K	10x	as long as short
Aster SPCXUSD1	+0.0047%	8h	152.71	+0.155%	$17.9M	$19.5M	20x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.56	+0.059%	$131.3M	$98.0M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.57	+0.066%	$491K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.53	+0.040%	$1.7M	$80K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.57	+0.066%	$534K	$383K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.41	−0.039%	$3.1M	$2.5M	10x	as long as short
Bybit SPCXUSDT	+0.0055%	8h	152.68	+0.138%	$30.6M	$40.1M	100x	as long as short
QFEX SPCX-USD	+0.0060%	1h	152.64	+0.112%	$1.2M	$7.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0060%	8h	152.57	+0.068%	$101	—	5x	as long as short
Binance SPCXUSDT	+0.0062%	8h	152.68	+0.138%	$255.3M	$1.32B	75x	as long as short
Extended SPCX-USD	+0.0064%	1h	152.68	+0.138%	$715K	$3.5M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.47	0.000%	$176K	$135K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.56	+0.059%	$13.0M	$4.8M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.53	+0.040%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.71	+0.158%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.68	+0.141%	$89	—	10x	as long as short
Aftermath Perps SPCXUSD	+0.0117%	1h	152.50	+0.018%	$7K	$10K	10x	as long as short
Bullet SPCX-USD	+0.0162%	1h	152.66	+0.125%	$11K	$190K	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0176%	1h	152.69	+0.145%	$711K	$889K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0209%	1h	152.70	+0.151%	$70K	$987K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.54	+0.046%	$370K	$186K	15x	as long as short
Arcus SPCX-USD	+0.0250%	1h	152.60	+0.085%	$106K	$296K	5x	as long as short
Nado SPCX-PERPlong	+0.0256%	1h	152.47	long leg	$673K	$832K	20x
Bitget SPCXUSDT	+0.0257%	8h	152.68	+0.138%	$29.2M	$63.2M	75x	as long as short
RISEx SPCX/USDC	+0.0357%	1h	152.69	+0.148%	$322K	$480K	20x	as long as short
edgeX SPCXUSDCshort	+0.0530%	4h	152.58	+0.071%	$1.7M	$893K	20x