Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.014%
Price spread now: Bybit against Pacifica+0.046%48s7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$250.254% of the position
Funding, last 7 days−0.052%−$5 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.046%, 7d avg +0.049%
=Together, before fees−0.037%+ Points / potential airdropPacifica: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SPCX | 152.21 | 0.0100 | pay 0.0013% / 1h | 0m 58s | $168K | $119K | 10x |
| Short | Bybit SPCXUSDT | 152.28 | 0 | get 0.0000% / 8h | 0m 58s | $30.5M | $42.7M | 100x |
Pacifica SPCX
Bybit SPCXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21
- Price spread: +0.046% → +0.049%
- −$0.26
- Slippage, 4 orders
- −$6.43
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$46.69
- Costs to cover
- 0.254%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 37 min ago; Bybit: live order book, 3 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, 37 min ago | 0.33 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.33 bp | 5.8 bp −$6 | 9.1 bp −$91 | 35.9 bp −$3,591 | 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 −0.0187% / S +0.0435% | 1h | 152.21 | −0.003% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0004% | 8h | 152.31 | +0.066% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDTshort | 0.0000% | 8h | 152.28 | +0.046% | $30.5M | $42.7M | 100x | |
| Gate SPCX_USDT | 0.0000% | 8h | 152.26 | +0.033% | $96.3M | $32.0M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.32 | +0.072% | $31.2M | $66.2M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +13.344% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.37 | +0.105% | $300K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.57 | +0.237% | $8K | $888K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.37 | +0.105% | $1.3M | $1.8M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0021% | 1h | 152.26 | +0.034% | $7K | $8K | 10x | as long as short |
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0032% | 1h | 152.25 | +0.026% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.24 | +0.020% | $2.5M | $7.3M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.25 | +0.026% | $102K | $298K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.31 | +0.066% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.20 | −0.007% | $129.7M | $129.4M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.26 | +0.033% | $488K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.26 | +0.033% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.28 | +0.046% | $530K | $370K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.19 | −0.013% | $3.2M | $2.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0070% | 1h | 152.26 | +0.033% | $1.2M | $5.5M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0071% | 8h | 152.28 | +0.046% | $101 | — | 5x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0078% | 1h | 152.27 | +0.039% | $90K | $1.4M | 10x | as long as short |
| Pacifica SPCXlong | +0.0100% | 1h | 152.21 | long leg | $168K | $119K | 10x | |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.18 | −0.020% | $13.0M | $5.6M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.36 | +0.099% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.31 | +0.066% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.30 | +0.060% | $88 | — | 10x | as long as short |
| Variational Omni SPCX | +0.0104% | 8h | 152.31 | +0.069% | $5.9M | $2.8M | — | as long as short |
| Bullet SPCX-USD | +0.0113% | 1h | 152.30 | +0.057% | $11K | $192K | 10x | as long as short |
| Binance SPCXUSDT | +0.0116% | 8h | 152.24 | +0.018% | $253.1M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0120% | 1h | 152.25 | +0.025% | $723K | $5.3M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0132% | 8h | 152.28 | +0.046% | $39.7M | $166.6M | 75x | as long as short |
| Nado SPCX-PERP | +0.0149% | 1h | 152.27 | +0.037% | $631K | $803K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0240% | 1h | 152.34 | +0.085% | $728K | $930K | 10x | as long as short |
| Phoenix SPCX | +0.0368% | 1h | 152.32 | +0.072% | $444K | $266K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0386% | 8h | 152.37 | +0.104% | $18.9M | $30.6M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.70 | +0.322% | $9K | $28K | 5.5x | as long as short |
| RISEx SPCX/USDC | +0.0445% | 1h | 152.34 | +0.082% | $381K | $505K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0952% | 4h | 152.33 | +0.080% | $1.7M | $891K | 20x | as long as short |
Lighter SPCX
Lighter RH SPCX
Arcus SPCX-USD
Vest SPCX-USD-PERP
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
QFEX SPCX-USD
Paradex SPCX-USD-PERP
Deribit SPCX_USDC-PERPETUAL
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Variational Omni SPCX
Bullet SPCX-USD
Binance SPCXUSDT
Extended SPCX-USD
OKX SPCX-USDT-SWAP
Nado SPCX-PERP
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
RISEx SPCX/USDC
edgeX SPCXUSDC