Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0131%/8h= −14.3% APRpaid last 24h −0.039%

Price spread now: Paradex against RISEx−0.009%7-day average — · you buy dearer than you sell

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

Long on RISEx Short on Paradex

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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SPCX/USDC	153.13	0.0191	pay 0.0024% / 1h	10m 18s	$410K	$530K	20x
Short	Paradex SPCX-USD-PERP	153.11	0.0060	get 0.0060% / 8h	4h 10m	$101	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against RISEx. 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 RISExbpFee ParadexbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$27.44
Price spread: −0.009% → 0.000%: −$0.88
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Paradex: 2 bp × 2 orders: −$4
Net: −$38.32
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: RISEx: live order book, 48 min ago; Paradex: no order-book sample. 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 RISEx live order book, 48 min ago	0.98 bp	4.0 bp −$4	5.0 bp −$50	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

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 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 −0.0253% / S +0.0486%	1h	153.04	−0.052%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.12	−0.003%	$30.8M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.08	−0.029%	$96.4M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.14	+0.010%	$31.7M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.673%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	153.00	−0.082%	$302K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.37	+0.160%	$7K	$940K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.13	+0.003%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0022%	1h	153.04	−0.058%	$8K	$8K	10x	as long as short
BloFin SPCX-USDT	+0.0023%	8h	153.10	−0.016%	$1.9M	$1.4M	75x	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	153.05	−0.049%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.02	−0.069%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.01	−0.075%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.09	−0.023%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.08	−0.029%	$1.2M	$6.0M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.05	−0.049%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.07	−0.036%	$1.7M	$95K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.10	−0.016%	$533K	$392K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.96	−0.108%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERPshort	+0.0060%	8h	153.11	−0.009%	$101	—	5x
Deribit SPCX_USDC-PERPETUAL	+0.0077%	1h	153.05	−0.049%	$78K	$1.2M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.99	−0.088%	$169K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.03	−0.062%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.01	−0.075%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.10	−0.016%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.09	−0.026%	$89	—	10x	as long as short
tradeXYZ xyz:SPCX	+0.0110%	1h	153.05	−0.049%	$141.4M	$119.0M	20x	as long as short
Bullet SPCX-USD	+0.0119%	1h	153.11	−0.009%	$11K	$191K	10x	as long as short
Variational Omni SPCX	+0.0129%	8h	153.07	−0.038%	$6.0M	$3.0M	—	as long as short
Nado SPCX-PERP	+0.0136%	1h	153.01	−0.073%	$617K	$818K	20x	as long as short
Binance SPCXUSDT	+0.0143%	8h	153.12	−0.003%	$248.3M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	153.08	−0.031%	$734K	$3.8M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0146%	8h	153.13	+0.003%	$39.5M	$166.8M	75x	as long as short
RISEx SPCX/USDClong	+0.0191%	1h	153.13	long leg	$410K	$530K	20x
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.10	−0.016%	$738K	$926K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.09	−0.023%	$445K	$268K	15x	as long as short
Aster SPCXUSD1	+0.0406%	8h	153.18	+0.035%	$19.0M	$21.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.50	+0.245%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0733%	4h	153.08	−0.030%	$1.7M	$894K	20x	as long as short