Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0002%/8h= −0.2% APRpaid last 24h +0.009%

Price spread now: Pacifica against Binance−0.052%7-day average −0.068% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$240.236% of the position

Long on Binance Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.041%+$4 on $10k

Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.052%, 7d avg −0.068%

Together, before fees+0.129%+ Points / potential airdropPacifica: Active · farm board+$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SPCXUSDT	152.58	0.0102	pay 0.0102% / 8h	1h 45m	$250.4M	$1.36B	75x
Short	Pacifica SPCX	152.50	0.0100	get 0.0013% / 1h	45m 40s	$169K	$118K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Binance. 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 BinancebpFee PacificabpOrdersPrice spread, now −0.052%Rate

Funding earned: −$0.37
Price spread: −0.052% → −0.068%: $1.55
Slippage, 4 orders: −$5.57
Fee Binance: 5 bp × 2 orders: −$10
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$22.4
Costs to cover: 0.236%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; Pacifica: live order book, 62 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 Binance live order book, 13 min ago	0.33 bp	5.3 bp −$5	6.1 bp −$61	9.7 bp −$973	20.5 bp −$10.2K
Sell Pacifica live order book, 62 min ago	0.33 bp	6.8 bp −$7	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 −0.0187% / S +0.0435%	1h	152.49	−0.062%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0020%	8h	152.60	+0.013%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.56	−0.013%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.53	−0.033%	$96.1M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.56	−0.013%	$31.2M	$66.0M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.074%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.63	+0.033%	$300K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.87	+0.190%	$8K	$897K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.69	+0.072%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0020%	1h	152.52	−0.038%	$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	152.49	−0.059%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0038%	1h	152.54	−0.026%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.52	−0.039%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.54	−0.026%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.56	−0.013%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.55	−0.020%	$1.7M	$96K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.46	−0.079%	$531K	$384K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.47	−0.072%	$3.2M	$2.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0071%	1h	152.47	−0.072%	$130.1M	$129.1M	20x	as long as short
RISEx SPCX/USDC	+0.0072%	1h	152.60	+0.016%	$408K	$498K	20x	as long as short
Paradex SPCX-USD-PERP	+0.0074%	8h	152.58	+0.001%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0084%	8h	152.58	−0.001%	$6.0M	$2.8M	—	as long as short
Lighter SPCX	+0.0088%	1h	152.50	−0.052%	$1.6M	$7.4M	20x	as long as short
Pacifica SPCXshort	+0.0100%	1h	152.50	−0.052%	$169K	$118K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	152.47	−0.072%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.53	−0.033%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.58	0.000%	$14K	$7K	10x	as long as short
Binance SPCXUSDTlong	+0.0102%	8h	152.58	long leg	$250.4M	$1.36B	75x
Extended SPCX-USD	+0.0104%	1h	152.54	−0.029%	$732K	$4.5M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.57	−0.006%	$88	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0113%	8h	152.58	0.000%	$39.6M	$166.8M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.62	+0.026%	$726K	$932K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.62	+0.026%	$444K	$266K	15x	as long as short
Nado SPCX-PERP	+0.0215%	1h	152.47	−0.071%	$613K	$801K	20x	as long as short
Bullet SPCX-USD	+0.0250%	1h	152.59	+0.007%	$11K	$191K	10x	as long as short
Aster SPCXUSD1	+0.0362%	8h	152.70	+0.080%	$18.9M	$26.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.89	+0.203%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0537%	1h	152.55	−0.020%	$89K	$1.3M	10x	as long as short
edgeX SPCXUSDC	+0.0758%	4h	152.59	+0.006%	$1.7M	$893K	20x	as long as short