Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.007%

Price spread now: Paradex against Vest+0.012%7-day average — · you sell dearer than you buy

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

Long on Vest 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 airdropVest: Active · Paradex: 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: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SPCX-USD-PERP	152.24	0.0046	pay 0.0006% / 1h	33m 09s	—	$1.2M	10x
Short	Paradex SPCX-USD-PERP	152.26	0.0094	get 0.0094% / 8h	33m 09s	$100	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Vest. 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 VestbpFee ParadexbpOrdersPrice spread, now +0.012%Rate

Funding earned: $10.15
Price spread: +0.012% → 0.000%: $1.23
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Paradex: 2 bp × 2 orders: −$4
Net: $5.38
Costs to cover: 0.060%
Break-even: 3.3 days

Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample	—	—	—	—	—
Sell Paradex no order-book sample	—	—	—	—	—

Vest and 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 −0.0187% / S +0.0435%	1h	152.21	−0.023%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.25	+0.007%	$96.1M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.30	+0.039%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.327%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.36	+0.079%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.50	+0.171%	$8K	$892K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.37	+0.085%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0015%	8h	152.29	+0.033%	$30.5M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0021%	8h	152.31	+0.046%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0028%	1h	152.24	−0.002%	$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	152.22	−0.013%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.20	−0.026%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.24	0.000%	$103K	$298K	5x	as long as short
Vest SPCX-USD-PERPlong	+0.0046%	1h	152.24	long leg	—	$1.2M	10x
tradeXYZ xyz:SPCX	+0.0050%	1h	152.21	−0.020%	$129.8M	$129.2M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.25	+0.007%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.24	0.000%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.29	+0.033%	$529K	$373K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.16	−0.053%	$3.2M	$2.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.24	0.000%	$1.2M	$5.5M	10x	as long as short
Paradex SPCX-USD-PERPshort	+0.0094%	8h	152.26	+0.012%	$100	—	5x
Pacifica SPCX	+0.0100%	1h	152.20	−0.026%	$168K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.19	−0.033%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.35	+0.072%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.30	+0.039%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.28	+0.028%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0127%	8h	152.31	+0.043%	$5.9M	$2.8M	—	as long as short
Binance SPCXUSDT	+0.0141%	8h	152.28	+0.026%	$252.7M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.25	+0.005%	$728K	$5.1M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0156%	8h	152.29	+0.033%	$39.7M	$166.6M	75x	as long as short
Bullet SPCX-USD	+0.0158%	1h	152.29	+0.033%	$11K	$192K	10x	as long as short
Nado SPCX-PERP	+0.0181%	1h	152.15	−0.058%	$627K	$803K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	+0.066%	$728K	$930K	10x	as long as short
edgeX SPCXUSDC	+0.0360%	4h	152.30	+0.042%	$1.7M	$892K	20x	as long as short
Phoenix SPCX	+0.0368%	1h	152.28	+0.026%	$443K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0407%	8h	152.39	+0.099%	$18.9M	$29.2M	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0407%	1h	152.24	0.000%	$89K	$1.4M	10x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.58	+0.223%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.30	+0.042%	$381K	$507K	20x	as long as short