SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0227%/8h= +24.8% APRnext payment +$0.28 per $10,000 · paid last 24h −0.010%

Price spread now: Bullet against Pacifica+0.057%7-day average +0.068% · 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−$31as in the Price arb table

costs, in and out, $10k−$300.299% of the position

Long on Pacifica Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.006%+$1 on $10k

Price spread, last 3 days (all we have)+0.125%+$12 · spread now +0.057%, 7d avg +0.068%

Together, before fees+0.131%+ Points / potential airdropPacifica: Active · farm board+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.068%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.006% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SPCX	152.89	0.0100	pay 0.0013% / 1h	58m 12s	$173K	$129K	10x
Short	Bullet SPCX-USD	152.98	0.0327	get 0.0041% / 1h	58m 12s	$12K	$187K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet 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 BulletbpOrdersPrice spread, now +0.057%Rate

Funding earned: $47.65
Price spread: +0.057% → +0.068%: −$1.19
Slippage, 4 orders: −$13.89
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Bullet: 4 bp × 2 orders: −$8
Net: $16.57
Costs to cover: 0.299%
Break-even: 4.6 days

Slippage from Pacifica: live order book, 14 min ago; Bullet: live order book, 16 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, 14 min ago	0.33 bp	8.3 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell Bullet live order book, 16 min ago	1.63 bp	8.4 bp −$8	20.7 bp −$207	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 −0.0291% / S +0.0501%	1h	152.94	+0.029%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.96	+0.046%	$96.6M	$30.9M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.836%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.81	−0.052%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.23	+0.222%	$8K	$971K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.98	+0.059%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0029%	1h	152.81	−0.052%	$7K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.91	+0.013%	$2.5M	$7.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.852%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.97	+0.052%	—	$1.2M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX SPCX-USD	+0.0050%	1h	152.91	+0.013%	$1.7M	$81K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.92	+0.020%	$534K	$414K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.70	−0.124%	$3.2M	$2.8M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	152.95	+0.039%	$1.2M	$7.6M	10x	as long as short
BloFin SPCX-USDT	+0.0088%	8h	152.91	+0.013%	$1.9M	$1.4M	75x	as long as short
Lighter SPCX	+0.0088%	1h	152.94	+0.033%	$1.6M	$7.4M	20x	as long as short
Pacifica SPCXlong	+0.0100%	1h	152.89	long leg	$173K	$129K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	152.90	+0.007%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.78	−0.072%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.00	+0.072%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.00	+0.072%	$89	—	10x	as long as short
Paradex SPCX-USD-PERP	+0.0106%	8h	153.01	+0.076%	$101	—	5x	as long as short
Polymarket Perps SPCX-USD	+0.0123%	1h	152.87	−0.013%	$489K	$1.1M	10x	as long as short
Bybit SPCXUSDT	+0.0167%	8h	152.99	+0.065%	$30.7M	$42.8M	100x	as long as short
Nado SPCX-PERP	+0.0181%	1h	152.86	−0.020%	$600K	$882K	20x	as long as short
Variational Omni SPCX	+0.0189%	8h	152.87	−0.010%	$6.1M	$3.5M	—	as long as short
Arcus SPCX-USD	+0.0194%	1h	152.85	−0.026%	$105K	$297K	5x	as long as short
OKX SPCX-USDT-SWAP	+0.0200%	8h	152.97	+0.052%	$39.0M	$169.4M	75x	as long as short
Extended SPCX-USD	+0.0208%	1h	152.94	+0.034%	$734K	$3.7M	10x	as long as short
Binance SPCXUSDT	+0.0208%	8h	152.97	+0.052%	$252.7M	$1.39B	75x	as long as short
Phoenix SPCX	+0.0261%	1h	152.92	+0.020%	$445K	$268K	15x	as long as short
Bitget SPCXUSDT	+0.0314%	8h	153.00	+0.072%	$31.2M	$67.0M	75x	as long as short
Aster SPCXUSD1	+0.0317%	8h	152.98	+0.060%	$19.0M	$21.3M	20x	as long as short
tradeXYZ xyz:SPCX	+0.0327%	1h	152.87	−0.013%	$143.4M	$119.6M	20x	as long as short
Bullet SPCX-USDshort	+0.0327%	1h	152.98	+0.057%	$12K	$187K	10x
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	152.97	+0.052%	$733K	$970K	10x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.03	+0.094%	$401K	$540K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0470%	1h	152.98	+0.059%	$71K	$1.0M	10x	as long as short
edgeX SPCXUSDC	+0.0717%	4h	152.88	−0.008%	$1.7M	$894K	20x	as long as short