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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Polymarket Perps against Pacifica+0.039%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$260.263% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.004%$0 on $10k
Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.039%, 7d avg +0.019%
Together, before fees−0.046%+ Points / potential airdropPacifica: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.020% dearer against Pacifica than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of +0.019%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 32 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SPCX152.570.0100pay 0.0013% / 1h33m 27s$175K$133K10x
ShortPolymarket Perps SPCX-USD152.630.0050get 0.0006% / 1h33m 27s$489K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$10.5
Price spread: +0.039% → +0.019%
$2.03
Slippage, 4 orders
−$10.26
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$34.73
Costs to cover
0.263%
Break-even
never at this rate
Slippage from Pacifica: live order book, 49 min ago; Polymarket Perps: live order book, 5 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, 49 min ago0.33 bp5.7 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 5 min ago2.29 bp6.3 bp −$66.7 bp −$679.7 bp −$971doesn'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 −0.0272% / S +0.0488%1h152.63+0.043%$88K20xas long as short
Gate SPCX_USDT0.0000%8h152.63+0.039%$96.5M$30.9M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.51+13.069%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.67+0.066%$302K$3.1M20xas long as short
SunX SPCX-USDT0.0000%8h152.83+0.170%$8K$977K10xas long as short
HTX SPCX-USDT0.0000%8h152.65+0.052%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0023%1h152.59+0.014%$7K$10K10xas long as short
Lighter SPCX+0.0032%1h152.58+0.007%$1.6M$7.2M20xas long as short
Lighter RH SPCX+0.0032%1h152.58+0.007%$2.4M$7.5M20xas long as short
Injective SPCX/USDC PERP+0.0033%1h157.25+3.067%$9K$27K5.5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SPCX-USD-PERP+0.0046%1h152.63+0.039%$1.1M10xas long as short
Polymarket Perps SPCX-USDshort+0.0050%1h152.63+0.039%$489K$1.1M10x
SoDEX SPCX-USD+0.0050%1h152.63+0.039%$1.7M$79K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.64+0.046%$539K$404K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.51−0.039%$3.2M$2.6M10xas long as short
Bullet SPCX-USD+0.0058%1h152.65+0.052%$11K$189K10xas long as short
QFEX SPCX-USD+0.0066%1h152.61+0.026%$1.2M$7.6M10xas long as short
Paradex SPCX-USD-PERP+0.0071%8h152.63+0.041%$1015xas long as short
BloFin SPCX-USDT+0.0081%8h152.65+0.052%$1.9M$1.4M75xas long as short
Pacifica SPCXlong+0.0100%1h152.57long leg$175K$133K10x
KuCoin SPCXUSDTM+0.0100%8h152.53−0.026%$13.0M$5.4M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.67+0.066%$58K$270K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.64+0.046%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.66+0.058%$8910xas long as short
tradeXYZ xyz:SPCX+0.0109%1h152.62+0.033%$129.9M$107.4M20xas long as short
Bybit SPCXUSDT+0.0137%8h152.68+0.072%$30.8M$42.3M100xas long as short
OKX SPCX-USDT-SWAP+0.0179%8h152.66+0.059%$38.9M$168.4M75xas long as short
Variational Omni SPCX+0.0184%8h152.63+0.038%$6.0M$3.9Mas long as short
Binance SPCXUSDT+0.0200%8h152.65+0.055%$255.7M$1.38B75xas long as short
Extended SPCX-USD+0.0200%1h152.63+0.039%$715K$3.6M10xas long as short
Nado SPCX-PERP+0.0211%1h152.55−0.011%$625K$871K20xas long as short
Arcus SPCX-USD+0.0227%1h152.59+0.013%$106K$296K5xas long as short
Aster SPCXUSD1+0.0245%8h152.71+0.094%$19.0M$21.8M20xas long as short
Coinbase International SPCX-PERP-INTX+0.0256%1h152.71+0.092%$741K$947K10xas long as short
edgeX SPCXUSDC+0.0286%4h152.64+0.047%$1.7M$893K20xas long as short
Phoenix SPCX+0.0314%1h152.65+0.052%$445K$196K15xas long as short
Bitget SPCXUSDT+0.0316%8h152.68+0.072%$31.0M$66.5M75xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0406%1h152.64+0.046%$71K$1.0M10xas long as short
RISEx SPCX/USDC+0.0543%1h152.70+0.085%$402K$541K20xas long as short