Funding you earn now, next payment 01:00 UTC+0.0094%/8h= +10.3% APRnext payment +$0.12 per $10,000 · paid last 24h −0.004%
Price spread now: Arcus against Pacifica+0.020%7-day average −0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$290.292% of the position
Funding, last 3 days (all we have)−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.020%, 7d avg −0.004%
=Together, before fees−0.064%+ Points / potential airdropPacifica: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Arcus is 0.024% dearer against Pacifica than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SPCX | 153.00 | 0.0100 | pay 0.0013% / 1h | 11m 31s | $173K | $129K | 10x |
| Short | Arcus SPCX-USD | 153.03 | 0.0194 | get 0.0024% / 1h | 11m 31s | $105K | $297K | 5x |
Pacifica SPCX
Arcus SPCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Pacifica. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $19.68
- Price spread: +0.020% → −0.004%
- $2.35
- Slippage, 4 orders
- −$16.68
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$7.14
- Costs to cover
- 0.292%
- Break-even
- 9.5 days
Slippage from Pacifica: live order book, 61 min ago; Arcus: 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 Pacifica live order book, 61 min ago | 0.33 bp | 8.3 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 62 min ago | 5.24 bp | 7.5 bp −$7 | 11.0 bp −$110 | 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 −0.0324% / S +0.0525% | 1h | 153.06 | +0.036% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.07 | +0.046% | $96.4M | $31.3M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.757% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.98 | −0.013% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.34 | +0.222% | $8K | $954K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.11 | +0.072% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0027% | 1h | 153.00 | −0.002% | $8K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 153.03 | +0.020% | $2.5M | $7.5M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +2.778% | $9K | $27K | 5.5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.09 | +0.059% | — | $1.2M | 10x | as long as short |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Injective SPCX/USDC PERP
Vest SPCX-USD-PERPShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0048% | 1h | 153.05 | +0.033% | $1.6M | $7.4M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.06 | +0.039% | $489K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.07 | +0.046% | $1.7M | $86K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.11 | +0.072% | $534K | $407K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.92 | −0.052% | $3.2M | $2.6M | 10x | as long as short |
| QFEX SPCX-USD | +0.0063% | 1h | 153.06 | +0.039% | $1.2M | $7.2M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0097% | 8h | 153.10 | +0.062% | $101 | — | 5x | as long as short |
| Pacifica SPCXlong | +0.0100% | 1h | 153.00 | long leg | $173K | $129K | 10x | |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 153.01 | +0.007% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.01 | +0.007% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.13 | +0.085% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.10 | +0.064% | $89 | — | 10x | as long as short |
| BloFin SPCX-USDT | +0.0122% | 8h | 153.13 | +0.085% | $1.9M | $1.4M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0162% | 8h | 153.11 | +0.072% | $30.9M | $42.8M | 100x | as long as short |
| Arcus SPCX-USDshort | +0.0194% | 1h | 153.03 | +0.020% | $105K | $297K | 5x | |
| OKX SPCX-USDT-SWAP | +0.0217% | 8h | 153.10 | +0.065% | $39.3M | $169.1M | 75x | as long as short |
| tradeXYZ xyz:SPCX | +0.0221% | 1h | 153.05 | +0.033% | $143.1M | $119.3M | 20x | as long as short |
| Variational Omni SPCX | +0.0226% | 8h | 153.06 | +0.040% | $6.0M | $3.5M | — | as long as short |
| Bullet SPCX-USD | +0.0231% | 1h | 153.10 | +0.065% | $11K | $188K | 10x | as long as short |
| Extended SPCX-USD | +0.0240% | 1h | 153.06 | +0.041% | $734K | $3.9M | 10x | as long as short |
| Nado SPCX-PERP | +0.0243% | 1h | 152.99 | −0.004% | $620K | $852K | 20x | as long as short |
| Binance SPCXUSDT | +0.0244% | 8h | 153.10 | +0.065% | $252.8M | $1.38B | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0273% | 1h | 153.07 | +0.046% | $71K | $1.1M | 10x | as long as short |
| Bitget SPCXUSDT | +0.0298% | 8h | 153.13 | +0.085% | $31.6M | $66.7M | 75x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 153.08 | +0.052% | $445K | $271K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0328% | 1h | 153.01 | +0.007% | $731K | $977K | 10x | as long as short |
| edgeX SPCXUSDC | +0.0339% | 4h | 153.07 | +0.044% | $1.7M | $894K | 20x | as long as short |
| Aster SPCXUSD1 | +0.0385% | 8h | 153.12 | +0.080% | $19.0M | $18.4M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0409% | 1h | 153.13 | +0.088% | $401K | $536K | 20x | as long as short |
Lighter SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
QFEX SPCX-USD
Paradex SPCX-USD-PERP
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
BloFin SPCX-USDT
Bybit SPCXUSDT
OKX SPCX-USDT-SWAP
tradeXYZ xyz:SPCX
Variational Omni SPCX
Bullet SPCX-USD
Extended SPCX-USD
Nado SPCX-PERP
Binance SPCXUSDT
Deribit SPCX_USDC-PERPETUAL
Bitget SPCXUSDT
Phoenix SPCX
Coinbase International SPCX-PERP-INTX
edgeX SPCXUSDC
Aster SPCXUSD1
RISEx SPCX/USDC