Funding you earn now, next payment 04:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.01 per $10,000 · paid last 24h +0.007%
Price spread now: Pacifica against tradeXYZ−0.026%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$320.322% of the position
Funding, last 7 days+0.110%+$11 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.026%, 7d avg +0.005%
=Together, before fees+0.199%+ Points / potential airdroptradeXYZ: Active · Pacifica: Active · farm board+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Pacifica is 0.031% cheaper against tradeXYZ than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SPCX | 153.04 | 0.0109 | pay 0.0014% / 1h | 9m 29s | $141.4M | $119.0M | 20x |
| Short | Pacifica SPCX | 153.00 | 0.0100 | get 0.0013% / 1h | 9m 29s | $169K | $129K | 10x |
tradeXYZ xyz:SPCX
Pacifica SPCXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against tradeXYZ. 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
- −$1.91
- Price spread: −0.026% → +0.005%
- −$3.06
- Slippage, 4 orders
- −$6.24
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$37.21
- Costs to cover
- 0.322%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Pacifica: live order book, 48 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 tradeXYZ live order book, 9 min ago | 0.33 bp | 10.2 bp −$10 | 11.2 bp −$112 | 16.7 bp −$1,672 | doesn't fit |
| Sell Pacifica live order book, 48 min ago | 0.33 bp | 7.3 bp −$7 | doesn't fit | 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 −0.0253% / S +0.0486% | 1h | 153.04 | +0.003% | $91K | — | 20x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 153.12 | +0.052% | $30.8M | $42.9M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.09 | +0.033% | $96.4M | $31.4M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 153.14 | +0.065% | $31.7M | $65.3M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.733% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 153.00 | −0.026% | $302K | $2.9M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.37 | +0.216% | $7K | $940K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.13 | +0.059% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0022% | 1h | 153.04 | −0.002% | $8K | $8K | 10x | as long as short |
| BloFin SPCX-USDT | +0.0023% | 8h | 153.10 | +0.039% | $1.9M | $1.4M | 75x | as long as short |
GMX SPCX/USD [ETH-USDC]
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
BloFin SPCX-USDTShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0032% | 1h | 153.06 | +0.013% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 153.03 | −0.007% | $2.5M | $7.3M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 153.02 | −0.013% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.09 | +0.033% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0046% | 1h | 153.09 | +0.033% | $1.2M | $6.0M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.04 | 0.000% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.07 | +0.020% | $1.7M | $95K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.10 | +0.039% | $533K | $392K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.96 | −0.052% | $3.2M | $2.5M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0060% | 8h | 153.11 | +0.045% | $101 | — | 5x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0077% | 1h | 153.05 | +0.007% | $78K | $1.2M | 10x | as long as short |
| Pacifica SPCXshort | +0.0100% | 1h | 153.00 | −0.026% | $169K | $129K | 10x | |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 153.02 | −0.013% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.01 | −0.020% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.10 | +0.039% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.09 | +0.030% | $89 | — | 10x | as long as short |
| tradeXYZ xyz:SPCXlong | +0.0109% | 1h | 153.04 | long leg | $141.4M | $119.0M | 20x | |
| Bullet SPCX-USD | +0.0119% | 1h | 153.11 | +0.047% | $11K | $191K | 10x | as long as short |
| Variational Omni SPCX | +0.0129% | 8h | 153.07 | +0.017% | $6.0M | $3.0M | — | as long as short |
| Nado SPCX-PERP | +0.0136% | 1h | 153.02 | −0.011% | $617K | $818K | 20x | as long as short |
| Binance SPCXUSDT | +0.0143% | 8h | 153.11 | +0.046% | $248.3M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0144% | 1h | 153.07 | +0.020% | $734K | $3.8M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0146% | 8h | 153.13 | +0.059% | $39.5M | $166.7M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0191% | 1h | 153.13 | +0.056% | $410K | $528K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.10 | +0.039% | $738K | $926K | 10x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 153.09 | +0.033% | $445K | $268K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0406% | 8h | 153.18 | +0.091% | $19.0M | $21.4M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.50 | +0.301% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0619% | 4h | 153.07 | +0.018% | $1.7M | $891K | 20x | as long as short |
Lighter SPCX
Lighter RH SPCX
Arcus SPCX-USD
Vest SPCX-USD-PERP
QFEX SPCX-USD
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
Paradex SPCX-USD-PERP
Deribit SPCX_USDC-PERPETUAL
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Bullet SPCX-USD
Variational Omni SPCX
Nado SPCX-PERP
Binance SPCXUSDT
Extended SPCX-USD
OKX SPCX-USDT-SWAP
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC