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
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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SPCX | 152.66 | 0.0100 | pay 0.0013% / 1h | 8m 43s | $169K | $118K | 10x |
| Short | Coinbase International SPCX-PERP-INTX | 152.70 | 0.0248 | get 0.0031% / 1h | 8m 43s | $731K | $938K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 39 min ago | 0.33 bp | 6.1 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 40 min ago | 2.95 bp | 8.1 bp −$8 | 11.8 bp −$118 | 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 | 152.69 | +0.023% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0018% | 8h | 152.68 | +0.013% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.74 | +0.052% | $30.7M | $42.7M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.72 | +0.039% | $96.2M | $31.9M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.76 | +0.066% | $31.2M | $65.9M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.017% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.80 | +0.092% | $301K | $2.8M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.87 | +0.138% | $8K | $898K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.70 | +0.026% | $88K | $1.3M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.82 | +0.105% | $1.3M | $1.8M | 75x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SPCXUSD | +0.0017% | 1h | 152.60 | −0.037% | $7K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.67 | +0.007% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.65 | −0.007% | $2.5M | $7.3M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.65 | −0.007% | $105K | $297K | 5x | as long as short |
| QFEX SPCX-USD | +0.0043% | 1h | 152.69 | +0.020% | $1.2M | $5.5M | 10x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.79 | +0.085% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.63 | −0.020% | $130.2M | $129.0M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.72 | +0.039% | $488K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.70 | +0.026% | $1.7M | $96K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.74 | +0.052% | $531K | $385K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.60 | −0.039% | $3.2M | $2.3M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0056% | 8h | 152.73 | +0.043% | $101 | — | 5x | as long as short |
| Variational Omni SPCX | +0.0089% | 8h | 152.72 | +0.038% | $6.0M | $2.8M | — | as long as short |
| Nado SPCX-PERP | +0.0098% | 1h | 152.74 | +0.054% | $613K | $801K | 20x | as long as short |
| Pacifica SPCXlong | +0.0100% | 1h | 152.66 | long leg | $169K | $118K | 10x | |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.60 | −0.039% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.69 | +0.020% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.76 | +0.066% | $15K | $7K | 10x | as long as short |
| Binance SPCXUSDT | +0.0100% | 8h | 152.73 | +0.048% | $250.5M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0104% | 1h | 152.69 | +0.017% | $731K | $4.6M | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.76 | +0.066% | $89 | — | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0115% | 8h | 152.76 | +0.066% | $39.6M | $166.8M | 75x | as long as short |
| Bullet SPCX-USD | +0.0128% | 1h | 152.78 | +0.079% | $11K | $193K | 10x | as long as short |
| RISEx SPCX/USDC | +0.0238% | 1h | 152.76 | +0.068% | $409K | $513K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTXshort | +0.0248% | 1h | 152.70 | +0.026% | $731K | $938K | 10x | |
| Phoenix SPCX | +0.0263% | 1h | 152.78 | +0.079% | $444K | $266K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0359% | 8h | 152.75 | +0.058% | $18.9M | $24.8M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.70 | +0.026% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0483% | 4h | 152.72 | +0.037% | $1.7M | $891K | 20x | as long as short |
Pacifica SPCX
Coinbase International SPCX-PERP-INTX
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Variational Omni SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Binance SPCXUSDT
Extended SPCX-USD
OKX SPCX-USDT-SWAP
Bullet SPCX-USD
RISEx SPCX/USDC
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC