Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h +0.009%

Price spread now: Pacifica against Paradex−0.060%61s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · Pacifica: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.060% cheaper against Paradex than usual: you would sell low and buy high, −$6 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SPCX-USD-PERP	153.14	0.0093	pay 0.0093% / 8h	7h 06m	$101	—	5x
Short	Pacifica SPCX	153.05	0.0100	get 0.0013% / 1h	6m 41s	$173K	$129K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Paradex. 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 ParadexbpFee PacificabpOrdersPrice spread, now −0.060%Rate

Funding earned: $1.53
Price spread: −0.060% → 0.000%: −$6.04
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$16.51
Costs to cover: 0.120%
Break-even: 82.3 days

Slippage unknown: Paradex: no order-book sample; Pacifica: live order book, 1 min ago. Net counts fees only.

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 Paradex no order-book sample	—	—	—	—	—
Sell Pacifica live order book, 1 min ago	0.33 bp	6.3 bp −$6	doesn't fit	doesn't fit	doesn't fit

Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0327% / S +0.0527%	1h	153.10	−0.024%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.12	−0.015%	$96.4M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.653%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	153.05	−0.060%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.34	+0.129%	$8K	$954K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	153.09	−0.034%	$72K	$1.1M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.17	+0.018%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	153.00	−0.094%	$8K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	153.08	−0.041%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	153.06	−0.054%	$2.5M	$7.5M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.682%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.18	+0.025%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.11	−0.021%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.11	−0.021%	$1.7M	$86K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.12	−0.015%	$534K	$407K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.97	−0.113%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.11	−0.021%	$1.2M	$7.2M	10x	as long as short
Paradex SPCX-USD-PERPlong	+0.0093%	8h	153.14	long leg	$101	—	5x
Pacifica SPCXshort	+0.0100%	1h	153.05	−0.060%	$173K	$129K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	153.02	−0.080%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.04	−0.067%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.16	+0.011%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.14	0.000%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0123%	8h	153.15	+0.005%	$1.9M	$1.4M	75x	as long as short
Bybit SPCXUSDT	+0.0139%	8h	153.16	+0.011%	$30.9M	$42.8M	100x	as long as short
Arcus SPCX-USD	+0.0194%	1h	153.05	−0.060%	$105K	$297K	5x	as long as short
tradeXYZ xyz:SPCX	+0.0207%	1h	153.10	−0.028%	$143.1M	$119.2M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0216%	8h	153.15	+0.005%	$39.3M	$169.1M	75x	as long as short
Bullet SPCX-USD	+0.0216%	1h	153.14	−0.002%	$11K	$189K	10x	as long as short
Variational Omni SPCX	+0.0229%	8h	153.08	−0.041%	$6.0M	$3.5M	—	as long as short
Nado SPCX-PERP	+0.0237%	1h	153.10	−0.031%	$621K	$852K	20x	as long as short
Extended SPCX-USD	+0.0240%	1h	153.09	−0.033%	$734K	$3.9M	10x	as long as short
Binance SPCXUSDT	+0.0243%	8h	153.14	−0.002%	$252.8M	$1.38B	75x	as long as short
Bitget SPCXUSDT	+0.0294%	8h	153.17	+0.018%	$31.7M	$66.7M	75x	as long as short
Phoenix SPCX	+0.0314%	1h	153.11	−0.021%	$445K	$271K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.14	−0.002%	$728K	$986K	10x	as long as short
Aster SPCXUSD1	+0.0388%	8h	153.14	−0.002%	$19.0M	$18.5M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.17	+0.018%	$401K	$535K	20x	as long as short
edgeX SPCXUSDC	+0.0902%	4h	153.10	−0.028%	$1.7M	$892K	20x	as long as short