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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0148%/8h= +16.2% APRnext payment +$0.19 per $10,000 · paid last 24h +0.029%
Price spread now: Coinbase International against Pacifica+0.026%7-day average +0.053% · you sell dearer than you buy
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.289% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.221%+$22 on $10k
Price spread, last 4 days (all we have)−0.070%−$7 · spread now +0.026%, 7d avg +0.053%
Together, before fees+0.151%+ Points / potential airdropPacifica: Active · farm board+$15 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.026% cheaper against Pacifica than usual: you would sell low and buy high (spread +0.026% now, against its 7-day average of +0.053%). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SPCX152.660.0100pay 0.0013% / 1h8m 43s$169K$118K10x
ShortCoinbase International SPCX-PERP-INTX152.700.0248get 0.0031% / 1h8m 43s$731K$938K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$31.08
Price spread: +0.026% → +0.053%
−$2.65
Slippage, 4 orders
−$10.94
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$0.51
Costs to cover
0.289%
Break-even
7.1 days
Slippage from Pacifica: live order book, 39 min ago; Coinbase International: live order book, 40 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, 39 min ago0.33 bp6.1 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 40 min ago2.95 bp8.1 bp −$811.8 bp −$118doesn't fitdoesn'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 −0.0187% / S +0.0435%1h152.69+0.023%$90K20xas long as short
BloFin SPCX-USDT−0.0018%8h152.68+0.013%$1.9M$1.2M75xas long as short
Bybit SPCXUSDT0.0000%8h152.74+0.052%$30.7M$42.7M100xas long as short
Gate SPCX_USDT0.0000%8h152.72+0.039%$96.2M$31.9M100xas long as short
Bitget SPCXUSDT0.0000%8h152.76+0.066%$31.2M$65.9M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+13.017%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.80+0.092%$301K$2.8M20xas long as short
SunX SPCX-USDT0.0000%8h152.87+0.138%$8K$898K10xas long as short
Deribit SPCX_USDC-PERPETUAL0.0000%1h152.70+0.026%$88K$1.3M10xas long as short
HTX SPCX-USDT0.0000%8h152.82+0.105%$1.3M$1.8M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps SPCXUSD+0.0017%1h152.60−0.037%$7K$8K10xas long as short
Lighter SPCX+0.0032%1h152.67+0.007%$1.6M$7.4M20xas long as short
Lighter RH SPCX+0.0032%1h152.65−0.007%$2.5M$7.3M20xas long as short
Arcus SPCX-USD+0.0040%1h152.65−0.007%$105K$297K5xas long as short
QFEX SPCX-USD+0.0043%1h152.69+0.020%$1.2M$5.5M10xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.79+0.085%$1.2M10xas long as short
tradeXYZ xyz:SPCX+0.0050%1h152.63−0.020%$130.2M$129.0M20xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.72+0.039%$488K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.70+0.026%$1.7M$96K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.74+0.052%$531K$385K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.60−0.039%$3.2M$2.3M10xas long as short
Paradex SPCX-USD-PERP+0.0056%8h152.73+0.043%$1015xas long as short
Variational Omni SPCX+0.0089%8h152.72+0.038%$6.0M$2.8Mas long as short
Nado SPCX-PERP+0.0098%1h152.74+0.054%$613K$801K20xas long as short
Pacifica SPCXlong+0.0100%1h152.66long leg$169K$118K10x
KuCoin SPCXUSDTM+0.0100%8h152.60−0.039%$13.0M$5.4M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.69+0.020%$58K$272K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.76+0.066%$15K$7K10xas long as short
Binance SPCXUSDT+0.0100%8h152.73+0.048%$250.5M$1.36B75xas long as short
Extended SPCX-USD+0.0104%1h152.69+0.017%$731K$4.6M10xas long as short
Aevo SPCX-PERP+0.0104%1h152.76+0.066%$8910xas long as short
OKX SPCX-USDT-SWAP+0.0115%8h152.76+0.066%$39.6M$166.8M75xas long as short
Bullet SPCX-USD+0.0128%1h152.78+0.079%$11K$193K10xas long as short
RISEx SPCX/USDC+0.0238%1h152.76+0.068%$409K$513K20xas long as short
Coinbase International SPCX-PERP-INTXshort+0.0248%1h152.70+0.026%$731K$938K10x
Phoenix SPCX+0.0263%1h152.78+0.079%$444K$266K15xas long as short
Aster SPCXUSD1+0.0359%8h152.75+0.058%$18.9M$24.8M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h152.70+0.026%$9K$28K5.5xas long as short
edgeX SPCXUSDC+0.0483%4h152.72+0.037%$1.7M$891K20xas long as short