Settings8H · net · $10k
Funding arb · Price arb /

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.026%
Price spread now: Coinbase International against Pacifica+0.007%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$290.289% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.220%+$22 on $10k
Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.007%, 7d avg +0.053%
Together, before fees+0.200%+ Points / potential airdropPacifica: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.046% cheaper against Pacifica than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.053%). If the spread goes back, that is −$5 on $10k: about 25 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SPCX152.430.0100pay 0.0013% / 1h56m 25s$169K$119K10x
ShortCoinbase International SPCX-PERP-INTX152.440.0248get 0.0031% / 1h56m 25s$739K$931K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Funding earned
$31.08
Price spread: +0.007% → +0.053%
−$4.6
Slippage, 4 orders
−$10.85
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$2.37
Costs to cover
0.289%
Break-even
7.5 days
Slippage from Pacifica: live order book, 56 min ago; Coinbase International: live order book, 57 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 56 min ago0.33 bp5.4 bp −$5doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 57 min ago2.94 bp7.9 bp −$88.5 bp −$85doesn't fitdoesn't fit

SPCX on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SPCX/USD [ETH-USDC]L −0.0224% / S +0.0463%1h152.41−0.016%$90K20xas long as short
Bybit SPCXUSDT0.0000%8h152.52+0.059%$30.6M$42.7M100xas long as short
Gate SPCX_USDT0.0000%8h152.50+0.046%$96.2M$31.5M100xas long as short
Bitget SPCXUSDT0.0000%8h152.57+0.092%$31.4M$65.8M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+13.186%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.51+0.052%$300K$2.9M20xas long as short
SunX SPCX-USDT0.0000%8h152.76+0.216%$8K$916K10xas long as short
HTX SPCX-USDT0.0000%8h152.52+0.059%$1.3M$1.8M75xas long as short
BloFin SPCX-USDT+0.0010%8h152.48+0.033%$1.9M$1.2M75xas long as short
Aftermath Perps SPCXUSD+0.0027%1h152.35−0.050%$7K$8K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SPCX+0.0032%1h152.42−0.007%$2.5M$7.2M20xas long as short
Lighter SPCX+0.0040%1h152.45+0.013%$1.6M$7.4M20xas long as short
Arcus SPCX-USD+0.0040%1h152.39−0.026%$105K$297K5xas long as short
QFEX SPCX-USD+0.0043%1h152.48+0.033%$1.2M$5.6M10xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.48+0.033%$1.2M10xas long as short
tradeXYZ xyz:SPCX+0.0050%1h152.39−0.026%$131.0M$128.5M20xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.47+0.026%$490K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.50+0.046%$1.7M$99K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.50+0.046%$531K$387K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.34−0.059%$3.2M$2.3M10xas long as short
Paradex SPCX-USD-PERP+0.0056%8h152.54+0.070%$1015xas long as short
Pacifica SPCXlong+0.0100%1h152.43long leg$169K$119K10x
KuCoin SPCXUSDTM+0.0100%8h152.36−0.046%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.49+0.039%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.52+0.059%$14K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.50+0.047%$8810xas long as short
Variational Omni SPCX+0.0121%8h152.43−0.001%$6.0M$2.9Mas long as short
Extended SPCX-USD+0.0128%1h152.50+0.049%$731K$4.6M10xas long as short
Binance SPCXUSDT+0.0130%8h152.55+0.075%$250.7M$1.36B75xas long as short
Nado SPCX-PERP+0.0136%1h152.42−0.006%$614K$804K20xas long as short
OKX SPCX-USDT-SWAP+0.0140%8h152.55+0.079%$39.4M$166.4M75xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0144%1h152.46+0.020%$87K$1.2M10xas long as short
edgeX SPCXUSDC+0.0194%4h152.43+0.003%$1.7M$893K20xas long as short
Bullet SPCX-USD+0.0209%1h152.53+0.066%$11K$193K10xas long as short
RISEx SPCX/USDC+0.0238%1h152.54+0.070%$408K$522K20xas long as short
Coinbase International SPCX-PERP-INTXshort+0.0248%1h152.44+0.007%$739K$931K10x
Phoenix SPCX+0.0261%1h152.45+0.013%$443K$264K15xas long as short
Aster SPCXUSD1+0.0399%8h152.57+0.089%$18.9M$24.0M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h152.61+0.118%$9K$28K5.5xas long as short