Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0102%/8h= −11.2% APRpaid last 24h +0.030%

Price spread now: Pacifica against Binance−0.056%48s7-day average −0.059% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$240.242% of the position

Long on Binance Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.062%+$6 on $10k

Price spread, last 2 days (all we have)−0.035%−$4 · spread now −0.056%, 7d avg −0.059%

Together, before fees+0.026%+ Points / potential airdropPacifica: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.059%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.062%, so the current rate has only just turned against you. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SPCXUSDT	152.64	0.0202	pay 0.0202% / 8h	1h 35m	$255.8M	$1.38B	75x
Short	Pacifica SPCX	152.55	0.0100	get 0.0013% / 1h	35m 59s	$175K	$133K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Binance. 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 BinancebpFee PacificabpOrdersPrice spread, now −0.056%Rate

Funding earned: −$21.44
Price spread: −0.056% → −0.059%: $0.26
Slippage, 4 orders: −$6.21
Fee Binance: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$45.39
Costs to cover: 0.242%
Break-even: never at this rate

Slippage from Binance: live order book, 8 min ago; Pacifica: live order book, 47 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 Binance live order book, 8 min ago	0.33 bp	5.3 bp −$5	5.3 bp −$53	5.3 bp −$533	11.5 bp −$5,758
Sell Pacifica live order book, 47 min ago	0.33 bp	7.9 bp −$8	doesn't fit	doesn't fit	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 −0.0335% / S +0.0533%	1h	152.63	−0.007%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.63	−0.004%	$96.5M	$30.9M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.51	+13.023%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.65	+0.009%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.83	+0.127%	$8K	$977K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.66	+0.016%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0023%	1h	152.59	−0.029%	$7K	$10K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.59	−0.030%	$1.6M	$7.1M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.59	−0.030%	$2.4M	$7.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.023%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SPCX-USD-PERP	+0.0046%	1h	152.64	+0.003%	—	$1.1M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.62	−0.010%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.63	−0.004%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.63	−0.004%	$539K	$404K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.51	−0.082%	$3.2M	$2.6M	10x	as long as short
Bullet SPCX-USD	+0.0052%	1h	152.63	−0.003%	$12K	$189K	10x	as long as short
QFEX SPCX-USD	+0.0066%	1h	152.62	−0.010%	$1.2M	$7.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0073%	8h	152.64	+0.003%	$101	—	5x	as long as short
BloFin SPCX-USDT	+0.0082%	8h	152.64	+0.003%	$1.9M	$1.4M	75x	as long as short
Pacifica SPCXshort	+0.0100%	1h	152.55	−0.056%	$175K	$133K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	152.54	−0.063%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.59	−0.030%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.64	+0.003%	$15K	$7K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0103%	1h	152.63	−0.004%	$130.0M	$107.4M	20x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.66	+0.016%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0137%	8h	152.65	+0.009%	$30.8M	$42.3M	100x	as long as short
OKX SPCX-USDT-SWAP	+0.0180%	8h	152.64	+0.003%	$38.9M	$168.3M	75x	as long as short
Variational Omni SPCX	+0.0187%	8h	152.66	+0.014%	$6.0M	$3.9M	—	as long as short
Extended SPCX-USD	+0.0200%	1h	152.61	−0.018%	$715K	$3.6M	10x	as long as short
Binance SPCXUSDTlong	+0.0202%	8h	152.64	long leg	$255.8M	$1.38B	75x
Nado SPCX-PERP	+0.0210%	1h	152.57	−0.043%	$625K	$871K	20x	as long as short
Arcus SPCX-USD	+0.0227%	1h	152.58	−0.036%	$106K	$296K	5x	as long as short
Aster SPCXUSD1	+0.0245%	8h	152.71	+0.049%	$19.0M	$21.8M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	152.71	+0.049%	$741K	$947K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.63	−0.004%	$445K	$196K	15x	as long as short
Bitget SPCXUSDT	+0.0317%	8h	152.66	+0.016%	$31.0M	$66.5M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0340%	1h	152.65	+0.009%	$71K	$1.0M	10x	as long as short
edgeX SPCXUSDC	+0.0442%	4h	152.64	+0.006%	$1.7M	$892K	20x	as long as short
RISEx SPCX/USDC	+0.0543%	1h	152.69	+0.039%	$402K	$541K	20x	as long as short