Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0599%/8h= −65.6% APRpaid last 24h +0.097%

Price spread now: Pacifica against edgeX−0.046%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$250.250% of the position

Long on edgeX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.579%−$58 on $10k

Price spread, last 4 days (all we have)+0.258%+$26 · spread now −0.046%, 7d avg −0.050%

Together, before fees−0.321%+ Points / potential airdropedgeX: Active · Pacifica: Active · farm board−$32 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: −$18 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SPCXUSDC	152.97	0.0699	pay 0.0349% / 4h	3h 55m	$1.7M	$891K	20x
Short	Pacifica SPCX	152.90	0.0100	get 0.0013% / 1h	55m 31s	$169K	$129K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against edgeX. 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 edgeXbpFee PacificabpOrdersPrice spread, now −0.046%Rate

Funding earned: −$125.73
Price spread: −0.046% → −0.050%: $0.45
Slippage, 4 orders: −$8.01
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$150.29
Costs to cover: 0.250%
Break-even: never at this rate

Slippage from edgeX: live order book, 3 min ago; Pacifica: live order book, 62 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 edgeX live order book, 3 min ago	1.63 bp	6.1 bp −$6	7.4 bp −$74	22.2 bp −$2,221	doesn't fit
Sell Pacifica live order book, 62 min ago	0.33 bp	7.3 bp −$7	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 −0.0214% / S +0.0456%	1h	152.91	−0.036%	$90K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.97	0.000%	$30.7M	$42.6M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.92	−0.033%	$96.2M	$31.1M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.99	+0.013%	$31.8M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.787%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.97	0.000%	$301K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.20	+0.150%	$7K	$935K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.97	0.000%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0028%	1h	152.93	−0.025%	$7K	$8K	10x	as long as short
BloFin SPCX-USDT	+0.0030%	8h	153.02	+0.033%	$1.9M	$1.3M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.87	−0.065%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.91	−0.039%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.88	−0.059%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.96	−0.007%	$1.7M	$95K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.97	0.000%	$532K	$391K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.84	−0.085%	$3.2M	$2.4M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.94	−0.020%	$1.2M	$5.9M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0089%	8h	152.96	−0.005%	$101	—	5x	as long as short
Polymarket Perps SPCX-USD	+0.0089%	1h	152.91	−0.039%	$499K	$1.2M	10x	as long as short
Pacifica SPCXshort	+0.0100%	1h	152.90	−0.046%	$169K	$129K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	152.90	−0.046%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.00	+0.019%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.98	+0.006%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.95	−0.010%	$89	—	10x	as long as short
Variational Omni SPCX	+0.0136%	8h	152.96	−0.008%	$6.0M	$2.9M	—	as long as short
Binance SPCXUSDT	+0.0151%	8h	152.95	−0.013%	$247.9M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0152%	1h	152.91	−0.041%	$734K	$3.8M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0155%	8h	152.98	+0.006%	$39.6M	$166.5M	75x	as long as short
Lighter SPCX	+0.0160%	1h	152.91	−0.039%	$1.6M	$7.3M	20x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	153.00	+0.019%	$409K	$517K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	153.10	+0.085%	$738K	$926K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.01	+0.026%	$445K	$264K	15x	as long as short
Nado SPCX-PERP	+0.0275%	1h	152.82	−0.097%	$616K	$814K	20x	as long as short
Bullet SPCX-USD	+0.0298%	1h	152.97	−0.003%	$12K	$192K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0302%	1h	152.91	−0.039%	$141.4M	$119.3M	20x	as long as short
Aster SPCXUSD1	+0.0419%	8h	153.07	+0.063%	$19.0M	$21.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.32	+0.229%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0470%	1h	152.92	−0.033%	$85K	$1.2M	10x	as long as short
edgeX SPCXUSDClong	+0.0699%	4h	152.97	long leg	$1.7M	$891K	20x