Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0011%/8h= +1.1% APRpaid last 24h +0.066%

Price spread now: Pacifica against BloFin−0.066%7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs+$4as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on BloFin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.315%+$31 on $10k

Price spread, last 3 days (all we have)+0.057%+$6 · spread now −0.066%, 7d avg −0.061%

Together, before fees+0.371%+ Points / potential airdropPacifica: Active · farm board+$37 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.061%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SPCX-USDT	152.64	0.0089	pay 0.0089% / 8h	1h 47m	$1.9M	$1.4M	75x
Short	Pacifica SPCX	152.54	0.0100	get 0.0013% / 1h	47m 57s	$175K	$130K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against BloFin. 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 BloFinbpFee PacificabpOrdersPrice spread, now −0.066%Rate

Funding earned: $2.21
Price spread: −0.066% → −0.061%: −$0.47
Slippage, 4 orders: −$7.42
Fee BloFin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$25.68
Costs to cover: 0.274%
Break-even: 88.5 days

Slippage from BloFin: live order book, 5 min ago; Pacifica: live order book, 35 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 BloFin live order book, 5 min ago	0.33 bp	6.3 bp −$6	7.9 bp −$79	8.8 bp −$882	11.2 bp −$5,591
Sell Pacifica live order book, 35 min ago	0.33 bp	7.9 bp −$8	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 −0.0335% / S +0.0533%	1h	152.59	−0.029%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.60	−0.026%	$96.5M	$30.8M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.51	+13.016%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.67	+0.020%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.79	+0.098%	$8K	$977K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.62	−0.013%	$1.3M	$1.7M	75x	as long as short
Bullet SPCX-USD	+0.0018%	1h	152.62	−0.013%	$12K	$189K	10x	as long as short
Aftermath Perps SPCXUSD	+0.0024%	1h	152.59	−0.034%	$7K	$10K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.56	−0.052%	$1.6M	$7.1M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.56	−0.052%	$2.4M	$7.5M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.020%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.67	+0.020%	—	$1.1M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.61	−0.020%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.60	−0.026%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.60	−0.026%	$539K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.47	−0.111%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0066%	1h	152.61	−0.020%	$1.2M	$7.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0080%	8h	152.61	−0.017%	$101	—	5x	as long as short
tradeXYZ xyz:SPCX	+0.0081%	1h	152.59	−0.033%	$129.8M	$107.4M	20x	as long as short
BloFin SPCX-USDTlong	+0.0089%	8h	152.64	long leg	$1.9M	$1.4M	75x
Pacifica SPCXshort	+0.0100%	1h	152.54	−0.066%	$175K	$130K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	152.50	−0.092%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.57	−0.046%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.63	−0.007%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.64	−0.001%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0143%	8h	152.63	−0.007%	$30.7M	$42.3M	100x	as long as short
OKX SPCX-USDT-SWAP	+0.0183%	8h	152.63	−0.007%	$38.9M	$168.1M	75x	as long as short
Variational Omni SPCX	+0.0191%	8h	152.62	−0.012%	$6.1M	$3.9M	—	as long as short
Nado SPCX-PERP	+0.0203%	1h	152.56	−0.054%	$625K	$875K	20x	as long as short
Extended SPCX-USD	+0.0208%	1h	152.60	−0.028%	$715K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0209%	8h	152.63	−0.007%	$256.0M	$1.38B	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0209%	1h	152.61	−0.020%	$70K	$1.1M	10x	as long as short
Arcus SPCX-USD	+0.0227%	1h	152.56	−0.052%	$106K	$296K	5x	as long as short
Aster SPCXUSD1	+0.0244%	8h	152.70	+0.038%	$19.0M	$21.3M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	152.71	+0.046%	$741K	$947K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.63	−0.007%	$445K	$196K	15x	as long as short
Bitget SPCXUSDT	+0.0327%	8h	152.64	0.000%	$31.0M	$66.5M	75x	as long as short
RISEx SPCX/USDC	+0.0543%	1h	152.69	+0.035%	$402K	$542K	20x	as long as short
edgeX SPCXUSDC	+0.0618%	4h	152.62	−0.012%	$1.7M	$893K	20x	as long as short