Settings8H · net · $10k
Funding arb · Price arb /

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0156%/8h= +17.1% APRnext payment +$0.20 per $10,000 · paid last 24h +0.022%
Price spread now: Coinbase International against Pacifica+0.072%7-day average +0.052% · 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−$26as in the Price arb table
costs, in and out, $10k−$280.282% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.215%+$21 on $10k
Price spread, last 4 days (all we have)−0.095%−$9 · spread now +0.072%, 7d avg +0.052%
Together, before fees+0.120%+ Points / potential airdropPacifica: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Coinbase International is 0.020% dearer against Pacifica than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SPCX152.930.0100pay 0.0013% / 1h3m 46s$169K$130K10x
ShortCoinbase International SPCX-PERP-INTX153.040.0256get 0.0032% / 1h3m 46s$738K$979K10x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$32.76
Price spread: +0.072% → +0.052%
$2.01
Slippage, 4 orders
−$10.2
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
$6.57
Costs to cover
0.282%
Break-even
5.6 days
Slippage from Pacifica: live order book, 59 min ago; Coinbase International: live order book, 60 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 59 min ago0.98 bp6.0 bp −$6doesn't fitdoesn't fitdoesn't fit
Sell Coinbase International live order book, 60 min ago2.62 bp7.8 bp −$811.1 bp −$111doesn't fitdoesn't fit

SPCX on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SPCX/USD [ETH-USDC]L −0.0333% / S +0.0531%1h152.99+0.036%$88K20xas long as short
Gate SPCX_USDT0.0000%8h153.00+0.046%$96.1M$31.3M100xas long as short
Bitget SPCXUSDT0.0000%8h153.05+0.078%$31.7M$65.5M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+12.813%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.94+0.007%$302K$3.0M20xas long as short
SunX SPCX-USDT0.0000%8h153.24+0.203%$8K$936K10xas long as short
HTX SPCX-USDT0.0000%8h153.10+0.111%$1.3M$1.7M75xas long as short
Bybit SPCXUSDT+0.0018%8h153.03+0.065%$30.8M$42.9M100xas long as short
Aftermath Perps SPCXUSD+0.0025%1h152.99+0.041%$8K$8K10xas long as short
Lighter RH SPCX+0.0032%1h152.95+0.013%$2.5M$7.2M20xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus SPCX-USD+0.0040%1h152.96+0.020%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h153.02+0.059%$1.2M10xas long as short
QFEX SPCX-USD+0.0048%1h153.01+0.052%$1.2M$6.4M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.98+0.033%$499K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h153.01+0.052%$1.7M$94K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.00+0.046%$532K$400K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.88−0.033%$3.2M$2.5M10xas long as short
BloFin SPCX-USDT+0.0060%8h153.03+0.065%$1.9M$1.4M75xas long as short
Lighter SPCX+0.0064%1h153.00+0.046%$1.6M$7.2M20xas long as short
Paradex SPCX-USD-PERP+0.0075%8h153.03+0.065%$1015xas long as short
Pacifica SPCXlong+0.0100%1h152.93long leg$169K$130K10x
KuCoin SPCXUSDTM+0.0100%8h152.94+0.007%$13.0M$5.4M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.95+0.013%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.04+0.072%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h153.02+0.061%$8910xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0142%1h152.99+0.039%$73K$1.2M10xas long as short
Variational Omni SPCX+0.0167%8h153.01+0.049%$6.0M$3.1Mas long as short
Bullet SPCX-USD+0.0169%1h153.02+0.060%$11K$191K10xas long as short
OKX SPCX-USDT-SWAP+0.0172%8h153.04+0.072%$39.5M$167.0M75xas long as short
Extended SPCX-USD+0.0176%1h152.99+0.040%$734K$3.8M10xas long as short
Binance SPCXUSDT+0.0178%8h153.04+0.072%$252.5M$1.37B75xas long as short
tradeXYZ xyz:SPCX+0.0186%1h152.99+0.039%$142.0M$118.9M20xas long as short
RISEx SPCX/USDC+0.0199%1h153.06+0.082%$410K$532K20xas long as short
Nado SPCX-PERP+0.0220%1h152.95+0.012%$617K$826K20xas long as short
Coinbase International SPCX-PERP-INTXshort+0.0256%1h153.04+0.072%$738K$979K10x
Phoenix SPCX+0.0262%1h153.03+0.065%$445K$267K15xas long as short
Aster SPCXUSD1+0.0414%8h153.12+0.124%$19.0M$17.6M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h153.28+0.229%$9K$27K5.5xas long as short
edgeX SPCXUSDC+0.0447%4h153.03+0.062%$1.7M$892K20xas long as short