Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.045%

Price spread now: Pacifica against BloFin−0.085%7-day average −0.060% · you buy dearer than you sell

Net, funding: paid 7d − costs+$1as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$280.281% of the position

Long on BloFin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.294%+$29 on $10k

Price spread, last 3 days (all we have)+0.068%+$7 · spread now −0.085%, 7d avg −0.060%

Together, before fees+0.362%+ Points / potential airdropPacifica: Active · farm board+$36 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.025% cheaper against BloFin than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.060%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SPCX-USDT	152.97	0.0100	pay 0.0100% / 8h	7h 38m	$1.9M	$1.4M	75x
Short	Pacifica SPCX	152.84	0.0100	get 0.0013% / 1h	38m 32s	$173K	$129K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against BloFin. 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 BloFinbpFee PacificabpOrdersPrice spread, now −0.085%Rate

Funding earned: $0.04
Price spread: −0.085% → −0.060%: −$2.45
Slippage, 4 orders: −$8.15
Fee BloFin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$30.57
Costs to cover: 0.281%
Break-even: 6000.6 days

Slippage from BloFin: live order book, 4 min ago; Pacifica: live order book, 34 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 BloFin live order book, 4 min ago	0.33 bp	7.6 bp −$8	9.2 bp −$92	11.5 bp −$1,154	18.1 bp −$9,070
Sell Pacifica live order book, 34 min ago	0.33 bp	5.9 bp −$6	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 −0.0301% / S +0.0509%	1h	152.91	−0.042%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.90	−0.046%	$96.4M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.778%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.83	−0.092%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.26	+0.190%	$8K	$959K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.96	−0.007%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	152.96	−0.005%	$8K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.88	−0.059%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.85	−0.078%	$2.5M	$7.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.798%	$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	152.93	−0.026%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.91	−0.039%	$1.7M	$86K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.93	−0.026%	$534K	$415K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.78	−0.124%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	152.90	−0.046%	$1.2M	$7.4M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0066%	1h	152.90	−0.046%	$488K	$1.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0098%	8h	152.94	−0.017%	$101	—	5x	as long as short
BloFin SPCX-USDTlong	+0.0100%	8h	152.97	long leg	$1.9M	$1.4M	75x
Pacifica SPCXshort	+0.0100%	1h	152.84	−0.085%	$173K	$129K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	152.84	−0.085%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	−0.026%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.95	−0.013%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.94	−0.022%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0183%	8h	152.95	−0.013%	$30.8M	$42.7M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	152.92	−0.033%	$105K	$297K	5x	as long as short
Variational Omni SPCX	+0.0203%	8h	152.99	+0.014%	$6.0M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0206%	8h	152.93	−0.026%	$39.2M	$169.0M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0208%	1h	152.88	−0.059%	$71K	$1.1M	10x	as long as short
Nado SPCX-PERP	+0.0212%	1h	152.82	−0.097%	$603K	$853K	20x	as long as short
Extended SPCX-USD	+0.0216%	1h	152.92	−0.036%	$732K	$3.7M	10x	as long as short
Binance SPCXUSDT	+0.0220%	8h	152.94	−0.017%	$252.9M	$1.38B	75x	as long as short
tradeXYZ xyz:SPCX	+0.0254%	1h	152.90	−0.046%	$143.1M	$119.4M	20x	as long as short
Bullet SPCX-USD	+0.0255%	1h	152.94	−0.020%	$11K	$188K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.96	−0.007%	$445K	$271K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	152.96	−0.007%	$733K	$981K	10x	as long as short
Bitget SPCXUSDT	+0.0339%	8h	152.96	−0.007%	$31.2M	$66.4M	75x	as long as short
Aster SPCXUSD1	+0.0339%	8h	153.02	+0.031%	$19.0M	$19.0M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	152.97	+0.003%	$401K	$535K	20x	as long as short
edgeX SPCXUSDC	+0.0991%	4h	152.99	+0.012%	$1.7M	$892K	20x	as long as short