Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: SunX against Pacifica+0.223%7-day average +0.111% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$730.731% of the position

Long on Pacifica Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.091%−$9 on $10k

Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.223%, 7d avg +0.111%

Together, before fees−0.236%+ Points / potential airdropPacifica: Active · farm board−$24 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.112% dearer against Pacifica than usual: you sell high and buy low (spread +0.223% now, against its 7-day average of +0.111%): +$11 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.7 days. At the pace of the last 7 days (−0.091% in total) that is about 8.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SPCX	152.36	0.0100	pay 0.0013% / 1h	0m 49s	$169K	$120K	10x
Short	SunX SPCX-USDT	152.70	0	get 0.0000% / 8h	3h 00m	$8K	$916K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee PacificabpFee SunXbpOrdersPrice spread, now +0.223%Rate

Funding earned: −$21
Price spread: +0.223% → +0.111%: $11.19
Slippage, 4 orders: −$57.1
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$82.91
Costs to cover: 0.731%
Break-even: never at this rate

Slippage from Pacifica: live order book, 52 min ago; SunX: live order book, 12 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, 52 min ago	0.33 bp	5.4 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 12 min ago	21.96 bp	34.4 bp −$34	doesn't fit	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 −0.0224% / S +0.0463%	1h	152.34	−0.010%	$90K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.45	+0.059%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.43	+0.046%	$96.2M	$31.7M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.47	+0.072%	$31.4M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.237%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.55	+0.125%	$300K	$2.9M	20x	as long as short
SunX SPCX-USDTshort	0.0000%	8h	152.70	+0.223%	$8K	$916K	10x
HTX SPCX-USDT	0.0000%	8h	152.52	+0.105%	$1.3M	$1.8M	75x	as long as short
BloFin SPCX-USDT	+0.0011%	8h	152.46	+0.066%	$1.9M	$1.3M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0028%	1h	152.37	+0.008%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.36	0.000%	$2.5M	$7.4M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.40	+0.026%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.46	+0.066%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.42	+0.039%	$489K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.41	+0.033%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.46	+0.066%	$531K	$388K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.33	−0.020%	$3.2M	$2.3M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.43	+0.046%	$1.2M	$5.6M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0052%	1h	152.33	−0.020%	$131.0M	$128.4M	20x	as long as short
Paradex SPCX-USD-PERP	+0.0055%	8h	152.46	+0.065%	$101	—	5x	as long as short
Lighter SPCX	+0.0056%	1h	152.40	+0.026%	$1.6M	$7.5M	20x	as long as short
Pacifica SPCXlong	+0.0100%	1h	152.36	long leg	$169K	$120K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	152.32	−0.026%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.39	+0.020%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.46	+0.066%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.44	+0.052%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0121%	8h	152.43	+0.045%	$6.0M	$2.9M	—	as long as short
Extended SPCX-USD	+0.0128%	1h	152.41	+0.036%	$731K	$4.6M	10x	as long as short
Binance SPCXUSDT	+0.0131%	8h	152.46	+0.062%	$250.5M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0139%	8h	152.46	+0.066%	$39.4M	$166.3M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.41	+0.033%	$87K	$1.2M	10x	as long as short
Nado SPCX-PERP	+0.0184%	1h	152.39	+0.020%	$614K	$804K	20x	as long as short
Bullet SPCX-USD	+0.0189%	1h	152.46	+0.066%	$11K	$192K	10x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	152.49	+0.082%	$408K	$522K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	+0.053%	$739K	$931K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	152.45	+0.059%	$443K	$264K	15x	as long as short
Aster SPCXUSD1	+0.0403%	8h	152.54	+0.117%	$18.9M	$24.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.19	+0.545%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0669%	4h	152.49	+0.083%	$1.7M	$893K	20x	as long as short