Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0077%/8h= +8.4% APRpaid last 24h −0.010%

Price spread now: OKX against Pacifica+0.059%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$240.235% of the position

Long on Pacifica Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.068%−$7 on $10k

Price spread, last 4 days (all we have)+0.047%+$5 · spread now +0.059%, 7d avg +0.053%

Together, before fees−0.021%+ Points / potential airdropPacifica: Active · farm board−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.053%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SPCX	152.91	0.0100	pay 0.0013% / 1h	26m 03s	$169K	$129K	10x
Short	OKX SPCX-USDT-SWAP	153.00	0.0177	get 0.0177% / 8h	5h 26m	$39.5M	$167.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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

Position, each leg$Hold fordaysFee PacificabpFee OKXbpOrdersPrice spread, now +0.059%Rate

Funding earned: $16.11
Price spread: +0.059% → +0.053%: $0.58
Slippage, 4 orders: −$5.54
Fee Pacifica: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$6.84
Costs to cover: 0.235%
Break-even: 10.0 days

Slippage from Pacifica: live order book, 37 min ago; OKX: live order book, 3 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, 37 min ago	0.98 bp	6.0 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.33 bp	5.9 bp −$6	7.4 bp −$74	12.3 bp −$1,230	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 −0.0333% / S +0.0531%	1h	152.97	+0.036%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.97	+0.039%	$96.1M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.03	+0.078%	$31.7M	$65.7M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.830%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.91	0.000%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.22	+0.203%	$8K	$939K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.00	+0.059%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	152.97	+0.039%	$8K	$8K	10x	as long as short
Bybit SPCXUSDT	+0.0029%	8h	152.99	+0.052%	$30.8M	$42.8M	100x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.93	+0.013%	$2.5M	$7.2M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0040%	1h	152.96	+0.033%	$1.6M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.93	+0.013%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.97	+0.039%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0048%	1h	152.99	+0.052%	$1.2M	$6.5M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.97	+0.039%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.98	+0.046%	$1.7M	$93K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.96	+0.033%	$534K	$400K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.88	−0.020%	$3.2M	$2.5M	10x	as long as short
BloFin SPCX-USDT	+0.0067%	8h	153.01	+0.065%	$1.9M	$1.4M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0074%	8h	153.03	+0.079%	$101	—	5x	as long as short
edgeX SPCXUSDC	+0.0088%	4h	152.99	+0.055%	$1.7M	$891K	20x	as long as short
Pacifica SPCXlong	+0.0100%	1h	152.91	long leg	$169K	$129K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	152.88	−0.020%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	+0.013%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.03	+0.078%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.99	+0.054%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0155%	1h	153.00	+0.060%	$11K	$190K	10x	as long as short
Variational Omni SPCX	+0.0171%	8h	152.97	+0.042%	$6.0M	$3.1M	—	as long as short
OKX SPCX-USDT-SWAPshort	+0.0177%	8h	153.00	+0.059%	$39.5M	$167.6M	75x
Extended SPCX-USD	+0.0184%	1h	152.96	+0.032%	$734K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0186%	8h	153.00	+0.059%	$252.4M	$1.37B	75x	as long as short
tradeXYZ xyz:SPCX	+0.0189%	1h	152.97	+0.039%	$142.1M	$119.4M	20x	as long as short
RISEx SPCX/USDC	+0.0199%	1h	153.04	+0.087%	$408K	$549K	20x	as long as short
Nado SPCX-PERP	+0.0212%	1h	152.90	−0.005%	$622K	$830K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.01	+0.065%	$738K	$980K	10x	as long as short
Phoenix SPCX	+0.0262%	1h	153.02	+0.072%	$445K	$267K	15x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0273%	1h	152.96	+0.033%	$73K	$1.2M	10x	as long as short
Aster SPCXUSD1	+0.0408%	8h	153.09	+0.119%	$19.0M	$17.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.28	+0.242%	$9K	$27K	5.5x	as long as short