Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.008%

Price spread now: Bitget against Pacifica+0.072%7-day average +0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$27as in the Funding arb table

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

costs, in and out, $10k−$260.261% of the position

Long on Pacifica Short on Bitget

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)+0.050%+$5 · spread now +0.072%, 7d avg +0.065%

Together, before fees+0.040%+ Points / potential airdropPacifica: Active · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.065%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SPCX	152.94	0.0100	pay 0.0013% / 1h	3m 00s	$169K	$129K	10x
Short	Bitget SPCXUSDT	153.05	0	get 0.0000% / 8h	4h 03m	$31.7M	$65.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Pacifica. 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 PacificabpFee BitgetbpOrdersPrice spread, now +0.072%Rate

Funding earned: −$21
Price spread: +0.072% → +0.065%: $0.66
Slippage, 4 orders: −$6.15
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$46.49
Costs to cover: 0.261%
Break-even: never at this rate

Slippage from Pacifica: live order book, 55 min ago; Bitget: live order book, 1 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, 55 min ago	0.33 bp	5.4 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	0.33 bp	6.6 bp −$7	8.3 bp −$83	25.9 bp −$2,587	38.0 bp −$19.0K

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	152.99	+0.029%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.05	+0.072%	$30.8M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.01	+0.046%	$96.3M	$31.4M	100x	as long as short
Bitget SPCXUSDTshort	0.0000%	8h	153.05	+0.072%	$31.7M	$65.2M	75x
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.809%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.91	−0.020%	$302K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.37	+0.281%	$7K	$938K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.07	+0.085%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	153.04	+0.064%	$8K	$8K	10x	as long as short
BloFin SPCX-USDT	+0.0026%	8h	153.04	+0.065%	$1.9M	$1.4M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0032%	1h	152.98	+0.026%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.95	+0.007%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.98	+0.026%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.99	+0.033%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.04	+0.065%	$1.2M	$5.9M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.98	+0.026%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.99	+0.033%	$1.7M	$95K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.02	+0.052%	$532K	$392K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.89	−0.033%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0073%	8h	153.05	+0.073%	$101	—	5x	as long as short
Pacifica SPCXlong	+0.0100%	1h	152.94	long leg	$169K	$129K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	152.96	+0.013%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	−0.007%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.07	+0.085%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.02	+0.052%	$89	—	10x	as long as short
tradeXYZ xyz:SPCX	+0.0123%	1h	152.98	+0.026%	$141.3M	$119.1M	20x	as long as short
Variational Omni SPCX	+0.0129%	8h	153.05	+0.071%	$6.0M	$3.0M	—	as long as short
Bullet SPCX-USD	+0.0136%	1h	153.04	+0.062%	$11K	$192K	10x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.97	+0.022%	$734K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0146%	8h	153.02	+0.050%	$248.0M	$1.36B	75x	as long as short
Nado SPCX-PERP	+0.0146%	1h	152.91	−0.017%	$617K	$816K	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0149%	8h	153.04	+0.065%	$39.5M	$166.4M	75x	as long as short
RISEx SPCX/USDC	+0.0191%	1h	153.06	+0.080%	$410K	$525K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.10	+0.105%	$738K	$926K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.05	+0.072%	$445K	$268K	15x	as long as short
edgeX SPCXUSDC	+0.0389%	4h	153.04	+0.063%	$1.7M	$893K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0404%	1h	153.00	+0.039%	$84K	$1.2M	10x	as long as short
Aster SPCXUSD1	+0.0411%	8h	153.15	+0.140%	$18.9M	$21.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.32	+0.248%	$9K	$28K	5.5x	as long as short