Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.006%

Price spread now: Binance against SoDEX+0.015%7-day average +0.027% · 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−$48as in the Price arb table

costs, in and out, $10k−$470.473% of the position

Long on SoDEX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.030%−$3 on $10k

Price spread, last 4 days (all we have)+0.069%+$7 · spread now +0.015%, 7d avg +0.027%

Together, before fees+0.039%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.027%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SPCX-USD	152.51	0.0050	pay 0.0006% / 1h	25m 15s	$1.7M	$98K	20x
Short	Binance SPCXUSDT	152.53	0.0114	get 0.0114% / 8h	2h 25m	$250.6M	$1.36B	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SoDEX. 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 SoDEXbpFee BinancebpOrdersPrice spread, now +0.015%Rate

Funding earned: $13.43
Price spread: +0.015% → +0.027%: −$1.19
Slippage, 4 orders: −$29.28
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$35.04
Costs to cover: 0.473%
Break-even: 25.3 days

Slippage from SoDEX: live order book, 4 min ago; Binance: live order book, 4 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 SoDEX live order book, 4 min ago	0.33 bp	18.1 bp −$18	47.9 bp −$479	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	0.33 bp	5.8 bp −$6	6.8 bp −$68	13.4 bp −$1,338	24.5 bp −$12.3K

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	152.44	−0.049%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0006%	8h	152.53	+0.013%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.52	+0.007%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.52	+0.007%	$96.1M	$31.7M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.56	+0.033%	$31.3M	$65.8M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.125%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.51	0.000%	$300K	$2.8M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.66	+0.098%	$8K	$909K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.57	+0.039%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0022%	1h	152.42	−0.057%	$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	152.44	−0.046%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.41	−0.066%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.41	−0.066%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.50	−0.007%	$1.2M	$5.5M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.50	−0.007%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.40	−0.072%	$130.9M	$128.7M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.47	−0.026%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USDlong	+0.0050%	1h	152.51	long leg	$1.7M	$98K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.55	+0.026%	$531K	$387K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.39	−0.079%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0059%	8h	152.52	+0.010%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.41	−0.066%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.45	−0.039%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.49	−0.013%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.49	−0.013%	$14K	$7K	10x	as long as short
edgeX SPCXUSDC	+0.0100%	4h	152.46	−0.035%	$1.7M	$891K	20x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.50	−0.008%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0105%	8h	152.48	−0.020%	$6.0M	$2.8M	—	as long as short
Extended SPCX-USD	+0.0112%	1h	152.49	−0.014%	$731K	$4.6M	10x	as long as short
Nado SPCX-PERP	+0.0114%	1h	152.41	−0.064%	$613K	$803K	20x	as long as short
Binance SPCXUSDTshort	+0.0114%	8h	152.53	+0.015%	$250.6M	$1.36B	75x
OKX SPCX-USDT-SWAP	+0.0120%	8h	152.54	+0.020%	$39.4M	$166.3M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.47	−0.026%	$87K	$1.3M	10x	as long as short
Bullet SPCX-USD	+0.0145%	1h	152.54	+0.020%	$11K	$193K	10x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.56	+0.033%	$408K	$513K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.046%	$739K	$923K	10x	as long as short
Phoenix SPCX	+0.0263%	1h	152.50	−0.007%	$443K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0372%	8h	152.59	+0.054%	$18.9M	$24.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.70	+0.125%	$9K	$28K	5.5x	as long as short