Funding you earn now, next payment 09:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.02 per $10,000 · paid last 24h +0.026%
Price spread now: Nado against Pacifica−0.031%7-day average +0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 4 days (all we have)−0.019%−$2 on $10k
+Price spread, last 4 days (all we have)+0.158%+$16 · spread now −0.031%, 7d avg +0.036%
=Together, before fees+0.139%+ Points / potential airdropPacifica: Active · Nado: Active · farm board+$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Nado is 0.066% cheaper against Pacifica than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.036%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SPCX | 152.20 | 0.0100 | pay 0.0013% / 1h | 52m 22s | $168K | $118K | 10x |
| Short | Nado SPCX-PERP | 152.15 | 0.0084 | get 0.0011% / 1h | 52m 22s | $635K | $815K | 20x |
Pacifica SPCX
Nado SPCX-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$3.35
- Price spread: −0.031% → +0.036%
- −$6.65
- Slippage, 4 orders
- −$15.56
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$40.56
- Costs to cover
- 0.306%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 45 min ago; Nado: live order book, 46 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, 45 min ago | 0.33 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 46 min ago | 0.33 bp | 10.4 bp −$10 | 22.6 bp −$226 | doesn't fit | doesn't fit |
SPCX on 38 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 | 152.26 | +0.043% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0011% | 8h | 152.32 | +0.079% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.25 | +0.033% | $30.4M | $43.0M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.25 | +0.033% | $96.2M | $31.8M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.27 | +0.046% | $31.0M | $66.6M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.36 | +0.105% | $300K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.55 | +0.230% | $8K | $864K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.35 | +0.099% | $1.3M | $1.8M | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0013% | 1h | 152.23 | +0.020% | $87K | $1.4M | 10x | as long as short |
| Bullet SPCX-USD | +0.0015% | 1h | 152.26 | +0.037% | $11K | $192K | 10x | as long as short |
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
Bullet SPCX-USDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SPCXUSD | +0.0021% | 1h | 152.21 | +0.004% | $7K | $7K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.20 | 0.000% | $1.6M | $7.3M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.18 | −0.013% | $2.5M | $7.2M | 20x | as long as short |
| QFEX SPCX-USD | +0.0035% | 1h | 152.24 | +0.026% | $1.2M | $5.5M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.22 | +0.013% | $102K | $299K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.27 | +0.046% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.16 | −0.026% | $129.9M | $129.5M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.17 | −0.020% | $488K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.21 | +0.007% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.26 | +0.039% | $530K | $367K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.13 | −0.046% | $3.2M | $2.2M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0067% | 8h | 152.27 | +0.045% | $100 | — | 5x | as long as short |
| Nado SPCX-PERPshort | +0.0084% | 1h | 152.15 | −0.031% | $635K | $815K | 20x | |
| Variational Omni SPCX | +0.0095% | 8h | 152.32 | +0.079% | $5.9M | $2.8M | — | as long as short |
| Pacifica SPCXlong | +0.0100% | 1h | 152.20 | long leg | $168K | $118K | 10x | |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.17 | −0.020% | $13.0M | $5.6M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.13 | −0.046% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.30 | +0.066% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.26 | +0.039% | $88 | — | 10x | as long as short |
| Binance SPCXUSDT | +0.0110% | 8h | 152.26 | +0.039% | $253.4M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0112% | 1h | 152.22 | +0.014% | $723K | $5.3M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0125% | 8h | 152.28 | +0.053% | $39.5M | $167.2M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0190% | 1h | 152.30 | +0.063% | $381K | $506K | 20x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.18 | −0.013% | $444K | $268K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0280% | 1h | 152.29 | +0.059% | $728K | $918K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0379% | 8h | 152.38 | +0.118% | $18.9M | $30.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.44 | +0.158% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0545% | 4h | 152.21 | +0.004% | $1.7M | $889K | 20x | as long as short |
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
QFEX SPCX-USD
Arcus SPCX-USD
Vest SPCX-USD-PERP
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
Paradex SPCX-USD-PERP
Variational Omni SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Binance SPCXUSDT
Extended SPCX-USD
OKX SPCX-USDT-SWAP
RISEx SPCX/USDC
Phoenix SPCX
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC