Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.008%

Price spread now: SoDEX against Paradex−0.023%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.023% cheaper against Paradex than usual: you would sell low and buy high, −$2 on $10k if it 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	Paradex SPCX-USD-PERP	152.69	0.0051	pay 0.0051% / 8h	6h 05m	$101	—	5x
Short	SoDEX SPCX-USD	152.66	0.0050	get 0.0006% / 1h	5m 20s	$1.7M	$102K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Paradex. 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 ParadexbpFee SoDEXbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$0.13
Price spread: −0.023% → 0.000%: −$2.28
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$14.41
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; SoDEX: live order book, 2 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 Paradex no order-book sample	—	—	—	—	—
Sell SoDEX live order book, 2 min ago	0.33 bp	18.2 bp −$18	50.4 bp −$504	doesn't fit	doesn't fit

Paradex: 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 38 exchanges

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	152.66	−0.026%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0059%	8h	152.72	+0.017%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.76	+0.043%	$30.3M	$43.4M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.74	+0.030%	$96.2M	$32.7M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.76	+0.043%	$31.0M	$67.0M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.72	+0.017%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.94	+0.161%	$8K	$824K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.64	−0.036%	$47K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.78	+0.056%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0020%	1h	152.65	−0.031%	$7K	$7K	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SPCX	+0.0030%	8h	152.71	+0.009%	$5.9M	$2.7M	—	as long as short
QFEX SPCX-USD	+0.0031%	1h	152.71	+0.010%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.64	−0.036%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.61	−0.056%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.66	−0.023%	$103K	$295K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.73	+0.023%	—	$1.3M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.68	−0.010%	$128.7M	$129.4M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.78	+0.056%	$488K	$1.1M	10x	as long as short
SoDEX SPCX-USDshort	+0.0050%	1h	152.66	−0.023%	$1.7M	$102K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.70	+0.003%	$533K	$365K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.64	−0.036%	$3.1M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERPlong	+0.0051%	8h	152.69	long leg	$101	—	5x
Binance SPCXUSDT	+0.0061%	8h	152.70	+0.003%	$252.2M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0064%	1h	152.67	−0.015%	$724K	$5.4M	10x	as long as short
RISEx SPCX/USDC	+0.0068%	1h	152.77	+0.047%	$351K	$518K	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0091%	8h	152.75	+0.036%	$39.4M	$168.7M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.70	+0.003%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.69	−0.003%	$13.0M	$6.1M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.61	−0.056%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.76	+0.043%	$15K	$7K	10x	as long as short
Bullet SPCX-USD	+0.0102%	1h	152.78	+0.056%	$12K	$191K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.71	+0.010%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0113%	1h	152.70	+0.002%	$632K	$806K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0184%	1h	152.63	−0.042%	$688K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0209%	1h	152.69	−0.003%	$449K	$271K	15x	as long as short
edgeX SPCXUSDC	+0.0339%	4h	152.64	−0.036%	$1.7M	$890K	20x	as long as short
Aster SPCXUSD1	+0.0388%	8h	152.85	+0.104%	$19.0M	$30.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.78	+0.056%	$9K	$28K	5.5x	as long as short