SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0037%/8h= −4.0% APRnext payment −$0.05 per $10,000 · paid last 24h −0.006%

Price spread now: tradeXYZ against Pacifica−0.013%7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$320.316% of the position

Long on Pacifica Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.107%−$11 on $10k

Price spread, last 4 days (all we have)−0.053%−$5 · spread now −0.013%, 7d avg −0.004%

Together, before fees−0.160%+ Points / potential airdropPacifica: Active · tradeXYZ: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SPCX	152.42	0.0100	pay 0.0013% / 1h	4m 18s	$169K	$120K	10x
Short	tradeXYZ xyz:SPCX	152.40	0.0063	get 0.0008% / 1h	4m 18s	$131.0M	$128.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$7.72
Price spread: −0.013% → −0.004%: −$0.9
Slippage, 4 orders: −$5.61
Fee Pacifica: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$40.23
Costs to cover: 0.316%
Break-even: never at this rate

Slippage from Pacifica: live order book, 48 min ago; tradeXYZ: live order book, 4 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, 48 min ago	0.33 bp	5.4 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 4 min ago	0.33 bp	9.3 bp −$9	10.5 bp −$105	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 −0.0224% / S +0.0463%	1h	152.41	−0.010%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.50	+0.052%	$96.3M	$31.6M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.59	+0.112%	$31.3M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.193%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.50	+0.052%	$300K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.63	+0.138%	$8K	$916K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.57	+0.098%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0004%	8h	152.55	+0.085%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0014%	8h	152.53	+0.072%	$1.9M	$1.3M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0029%	1h	152.39	−0.021%	$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	152.45	+0.020%	$2.5M	$7.4M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.39	−0.020%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.51	+0.059%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.48	+0.039%	$490K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.51	+0.059%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.52	+0.066%	$532K	$388K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.33	−0.059%	$3.2M	$2.3M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.47	+0.033%	$1.2M	$5.7M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0055%	8h	152.52	+0.063%	$101	—	5x	as long as short
Lighter SPCX	+0.0056%	1h	152.48	+0.039%	$1.6M	$7.5M	20x	as long as short
edgeX SPCXUSDC	+0.0059%	4h	152.42	−0.001%	$1.7M	$892K	20x	as long as short
tradeXYZ xyz:SPCXshort	+0.0063%	1h	152.40	−0.013%	$131.0M	$128.3M	20x
Pacifica SPCXlong	+0.0100%	1h	152.42	long leg	$169K	$120K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	152.38	−0.026%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.45	+0.020%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.53	+0.072%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.51	+0.059%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0125%	8h	152.47	+0.032%	$6.0M	$2.9M	—	as long as short
Binance SPCXUSDT	+0.0133%	8h	152.54	+0.078%	$250.5M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0136%	1h	152.50	+0.054%	$731K	$4.6M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0141%	8h	152.57	+0.098%	$39.4M	$166.4M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.48	+0.039%	$87K	$1.2M	10x	as long as short
Nado SPCX-PERP	+0.0186%	1h	152.42	0.000%	$613K	$803K	20x	as long as short
Bullet SPCX-USD	+0.0192%	1h	152.53	+0.072%	$11K	$192K	10x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	152.55	+0.084%	$408K	$522K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	+0.013%	$739K	$931K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	152.42	0.000%	$443K	$264K	15x	as long as short
Aster SPCXUSD1	+0.0405%	8h	152.57	+0.097%	$18.9M	$24.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.19	+0.505%	$9K	$28K	5.5x	as long as short