Funding arb · Price arb /

SPCX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: Pacifica against Orderly−0.059%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropPacifica: 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 0.059% cheaper against Orderly 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).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SPCX_USDC_mythos	152.96	0.0100	pay 0.0100% / 8h	45m 07s	$15K	$7K	10x
Short	Pacifica SPCX	152.87	0.0100	get 0.0013% / 1h	45m 07s	$173K	$132K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Orderly. 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 OrderlybpFee PacificabpOrdersPrice spread, now −0.059%Rate

Funding earned: $0
Price spread: −0.059% → 0.000%: −$5.88
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$19.88
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Pacifica: live order book, 33 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 Orderly no order-book sample	—	—	—	—	—
Sell Pacifica live order book, 33 min ago	0.33 bp	6.8 bp −$7	doesn't fit	doesn't fit	doesn't fit

Orderly: 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 −0.0272% / S +0.0488%	1h	152.93	−0.023%	$89K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.92	−0.026%	$96.6M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.51	+12.783%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.88	−0.052%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.16	+0.131%	$8K	$972K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.93	−0.020%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0029%	1h	152.96	−0.003%	$8K	$10K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.90	−0.039%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.88	−0.052%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.805%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus SPCX-USD	+0.0040%	1h	152.90	−0.039%	$106K	$296K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.92	−0.026%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.92	−0.026%	$490K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.93	−0.020%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.93	−0.020%	$538K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.85	−0.072%	$3.2M	$2.7M	10x	as long as short
QFEX SPCX-USD	+0.0052%	1h	152.90	−0.039%	$1.2M	$7.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0079%	8h	152.96	−0.001%	$101	—	5x	as long as short
BloFin SPCX-USDT	+0.0081%	8h	153.07	+0.072%	$1.9M	$1.4M	75x	as long as short
Bullet SPCX-USD	+0.0094%	1h	152.94	−0.012%	$11K	$188K	10x	as long as short
Pacifica SPCXshort	+0.0100%	1h	152.87	−0.059%	$173K	$132K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	152.84	−0.078%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.89	−0.046%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythoslong	+0.0100%	8h	152.96	long leg	$15K	$7K	10x
Aevo SPCX-PERP	+0.0104%	1h	152.96	−0.003%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0143%	8h	152.96	0.000%	$30.7M	$42.7M	100x	as long as short
Variational Omni SPCX	+0.0183%	8h	152.96	−0.003%	$6.0M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0192%	8h	152.95	−0.007%	$39.0M	$169.4M	75x	as long as short
Extended SPCX-USD	+0.0200%	1h	152.91	−0.031%	$734K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0201%	8h	152.94	−0.013%	$253.8M	$1.38B	75x	as long as short
Phoenix SPCX	+0.0261%	1h	152.96	0.000%	$446K	$269K	15x	as long as short
Nado SPCX-PERP	+0.0270%	1h	152.86	−0.064%	$602K	$884K	20x	as long as short
tradeXYZ xyz:SPCX	+0.0271%	1h	152.92	−0.026%	$143.6M	$118.5M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.97	+0.007%	$733K	$970K	10x	as long as short
Aster SPCXUSD1	+0.0281%	8h	153.04	+0.050%	$19.0M	$21.3M	20x	as long as short
Bitget SPCXUSDT	+0.0309%	8h	152.95	−0.007%	$31.2M	$67.2M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0339%	1h	152.94	−0.013%	$71K	$1.0M	10x	as long as short
RISEx SPCX/USDC	+0.0339%	1h	153.03	+0.042%	$403K	$538K	20x	as long as short
edgeX SPCXUSDC	+0.0820%	4h	152.96	+0.003%	$1.7M	$893K	20x	as long as short