Funding you earn now, next payment 22:00 UTC+0.0109%/8h= +11.9% APRnext payment +$0.14 per $10,000 · paid last 24h +0.013%
Price spread now: Deribit against Pacifica0.000%7-day average +0.050% · 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−$38as in the Price arb table
costs, in and out, $10k−$330.326% of the position
Funding, last 5 days (all we have)+0.060%+$6 on $10k
+Price spread, last 3 days (all we have)−0.044%−$4 · spread now 0.000%, 7d avg +0.050%
=Together, before fees+0.016%+ Points / potential airdropPacifica: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.050% cheaper against Pacifica than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.050%). If the spread goes back, that is −$5 on $10k: about 36 hours of funding at the current rate (+$3 a day). At the pace of the last 5 days (+0.060% in total) that is about 3.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SPCX | 152.58 | 0.0100 | pay 0.0013% / 1h | 26m 23s | $175K | $135K | 10x |
| Short | Deribit SPCX_USDC-PERPETUAL | 152.58 | 0.0209 | get 0.0026% / 1h | 26m 23s | $70K | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $22.88
- Price spread: 0.000% → +0.050%
- −$4.96
- Slippage, 4 orders
- −$17.56
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$14.63
- Costs to cover
- 0.326%
- Break-even
- 11.5 days
Slippage from Pacifica: live order book, 61 min ago; Deribit: 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, 61 min ago | 0.33 bp | 7.7 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 3 min ago | 4.92 bp | 10.3 bp −$10 | 13.9 bp −$139 | 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 −0.0271% / S +0.0488% | 1h | 152.59 | +0.003% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.62 | +0.026% | $96.4M | $31.0M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.50 | +13.057% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.64 | +0.039% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.80 | +0.144% | $8K | $990K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.61 | +0.020% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.54 | −0.028% | $7K | $10K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.55 | −0.020% | $2.4M | $7.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +3.061% | $9K | $27K | 5.5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.60 | +0.013% | — | $1.1M | 10x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.58 | 0.000% | $489K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.64 | +0.039% | $1.7M | $79K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.63 | +0.033% | $541K | $402K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.52 | −0.039% | $3.1M | $2.6M | 10x | as long as short |
| QFEX SPCX-USD | +0.0057% | 1h | 152.64 | +0.039% | $1.2M | $7.6M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0071% | 8h | 152.66 | +0.052% | $1.9M | $1.4M | 75x | as long as short |
| Lighter SPCX | +0.0088% | 1h | 152.58 | 0.000% | $1.6M | $7.3M | 20x | as long as short |
| Pacifica SPCXlong | +0.0100% | 1h | 152.58 | long leg | $175K | $135K | 10x | |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.49 | −0.059% | $13.0M | $5.2M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.64 | +0.039% | $58K | $270K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.67 | +0.059% | $15K | $7K | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0101% | 8h | 152.67 | +0.056% | $101 | — | 5x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.66 | +0.055% | $89 | — | 10x | as long as short |
| Bybit SPCXUSDT | +0.0142% | 8h | 152.62 | +0.026% | $30.7M | $42.3M | 100x | as long as short |
| Variational Omni SPCX | +0.0157% | 8h | 152.60 | +0.012% | $6.1M | $4.3M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0162% | 8h | 152.66 | +0.052% | $38.9M | $168.1M | 75x | as long as short |
| tradeXYZ xyz:SPCX | +0.0186% | 1h | 152.58 | 0.000% | $129.9M | $107.2M | 20x | as long as short |
| Extended SPCX-USD | +0.0192% | 1h | 152.63 | +0.032% | $715K | $3.6M | 10x | as long as short |
| Binance SPCXUSDT | +0.0195% | 8h | 152.64 | +0.043% | $256.0M | $1.38B | 75x | as long as short |
| Bullet SPCX-USD | +0.0203% | 1h | 152.65 | +0.047% | $12K | $190K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUALshort | +0.0209% | 1h | 152.58 | 0.000% | $70K | $1.1M | 10x | |
| Aster SPCXUSD1 | +0.0222% | 8h | 152.70 | +0.079% | $19.0M | $21.3M | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0232% | 1h | 152.16 | −0.275% | $739K | $963K | 10x | as long as short |
| Phoenix SPCX | +0.0262% | 1h | 152.61 | +0.020% | $370K | $191K | 15x | as long as short |
| Arcus SPCX-USD | +0.0293% | 1h | 152.59 | +0.007% | $106K | $296K | 5x | as long as short |
| Nado SPCX-PERP | +0.0312% | 1h | 152.47 | −0.071% | $624K | $878K | 20x | as long as short |
| Bitget SPCXUSDT | +0.0332% | 8h | 152.65 | +0.046% | $31.3M | $66.3M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0462% | 1h | 152.68 | +0.066% | $383K | $540K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0611% | 4h | 152.60 | +0.012% | $1.7M | $894K | 20x | as long as short |
Pacifica SPCX
Deribit SPCX_USDC-PERPETUAL
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
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
BloFin SPCX-USDT
Lighter SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Paradex SPCX-USD-PERP
Bybit SPCXUSDT
Variational Omni SPCX
OKX SPCX-USDT-SWAP
tradeXYZ xyz:SPCX
Extended SPCX-USD
Binance SPCXUSDT
Bullet SPCX-USD
Aster SPCXUSD1
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Bitget SPCXUSDT
RISEx SPCX/USDC
edgeX SPCXUSDC