Settings8H · net · $10k
Funding arb · Price arb /

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0206%/8h= −22.6% APRpaid last 24h −0.008%
Price spread now: Pacifica against Bitget−0.098%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$280.278% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.010%+$1 on $10k
Price spread, last 4 days (all we have)+0.011%+$1 · spread now −0.098%, 7d avg −0.065%
Together, before fees+0.021%+ Points / potential airdropPacifica: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Pacifica is 0.033% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.065%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.010% in total (about 0.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SPCXUSDT153.120.0306pay 0.0306% / 8h7h 16m$31.3M$66.5M75x
ShortPacifica SPCX152.970.0100get 0.0013% / 1h16m 50s$173K$129K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Bitget. 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

Funding earned
−$43.26
Price spread: −0.098% → −0.065%
−$3.31
Slippage, 4 orders
−$7.85
Fee Bitget: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$74.42
Costs to cover
0.278%
Break-even
never at this rate
Slippage from Bitget: live order book, 2 min ago; Pacifica: live order book, 56 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago0.65 bp6.8 bp −$78.1 bp −$8116.8 bp −$1,67622.8 bp −$11.4K
Sell Pacifica live order book, 56 min ago0.33 bp5.9 bp −$6doesn't fitdoesn't fitdoesn't fit

SPCX on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SPCX/USD [ETH-USDC]L −0.0321% / S +0.0522%1h153.03−0.056%$88K20xas long as short
Gate SPCX_USDT0.0000%8h153.05−0.046%$96.4M$31.3M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+12.670%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.94−0.118%$302K$3.1M20xas long as short
SunX SPCX-USDT0.0000%8h153.29+0.111%$8K$954K10xas long as short
HTX SPCX-USDT0.0000%8h153.08−0.026%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0028%1h153.01−0.070%$8K$8K10xas long as short
Lighter RH SPCX+0.0032%1h153.01−0.072%$2.5M$7.5M20xas long as short
Injective SPCX/USDC PERP+0.0033%1h157.25+2.697%$9K$27K5.5xas long as short
Vest SPCX-USD-PERP+0.0046%1h153.05−0.046%$1.2M10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps SPCX-USD+0.0050%1h153.03−0.059%$489K$1.1M10xas long as short
SoDEX SPCX-USD+0.0050%1h153.05−0.046%$1.7M$86K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.06−0.039%$534K$407K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.92−0.131%$3.2M$2.6M10xas long as short
Lighter SPCX+0.0056%1h153.02−0.065%$1.6M$7.4M20xas long as short
QFEX SPCX-USD+0.0063%1h153.03−0.059%$1.2M$7.2M10xas long as short
Paradex SPCX-USD-PERP+0.0098%8h153.09−0.022%$1015xas long as short
Pacifica SPCXshort+0.0100%1h152.97−0.098%$173K$129K10x
KuCoin SPCXUSDTM+0.0100%8h152.96−0.104%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h153.01−0.072%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.07−0.033%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h153.07−0.035%$8910xas long as short
BloFin SPCX-USDT+0.0119%8h153.09−0.020%$1.9M$1.4M75xas long as short
Bybit SPCXUSDT+0.0153%8h153.10−0.013%$30.9M$42.8M100xas long as short
Arcus SPCX-USD+0.0194%1h153.00−0.078%$105K$297K5xas long as short
OKX SPCX-USDT-SWAP+0.0214%8h153.08−0.026%$39.3M$169.1M75xas long as short
Variational Omni SPCX+0.0219%8h153.06−0.039%$6.0M$3.5Mas long as short
tradeXYZ xyz:SPCX+0.0226%1h153.03−0.059%$143.1M$119.3M20xas long as short
Bullet SPCX-USD+0.0234%1h153.08−0.026%$11K$188K10xas long as short
Nado SPCX-PERP+0.0237%1h152.94−0.116%$620K$854K20xas long as short
Binance SPCXUSDT+0.0239%8h153.09−0.020%$253.2M$1.38B75xas long as short
Extended SPCX-USD+0.0240%1h153.05−0.048%$734K$3.9M10xas long as short
Bitget SPCXUSDTlong+0.0306%8h153.12long leg$31.3M$66.5M75x
Phoenix SPCX+0.0314%1h153.05−0.046%$445K$271K15xas long as short
Coinbase International SPCX-PERP-INTX+0.0328%1h153.01−0.072%$731K$977K10xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0338%1h153.03−0.059%$72K$1.1M10xas long as short
Aster SPCXUSD1+0.0378%8h153.11−0.007%$19.0M$18.2M20xas long as short
RISEx SPCX/USDC+0.0409%1h153.09−0.021%$401K$536K20xas long as short
edgeX SPCXUSDC+0.0491%4h153.05−0.045%$1.7M$893K20xas long as short