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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SPCX | 152.93 | 0.0100 | pay 0.0013% / 1h | 3m 46s | $169K | $130K | 10x |
| Short | Coinbase International SPCX-PERP-INTX | 153.04 | 0.0256 | get 0.0032% / 1h | 3m 46s | $738K | $979K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Pacifica live order book, 59 min ago | 0.98 bp | 6.0 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 60 min ago | 2.62 bp | 7.8 bp −$8 | 11.1 bp −$111 | 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 −0.0333% / S +0.0531% | 1h | 152.99 | +0.036% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.00 | +0.046% | $96.1M | $31.3M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 153.05 | +0.078% | $31.7M | $65.5M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.813% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.94 | +0.007% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.24 | +0.203% | $8K | $936K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.10 | +0.111% | $1.3M | $1.7M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0018% | 8h | 153.03 | +0.065% | $30.8M | $42.9M | 100x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.99 | +0.041% | $8K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.95 | +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 | |
|---|---|---|---|---|---|---|---|---|
| Arcus SPCX-USD | +0.0040% | 1h | 152.96 | +0.020% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.02 | +0.059% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0048% | 1h | 153.01 | +0.052% | $1.2M | $6.4M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.98 | +0.033% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.01 | +0.052% | $1.7M | $94K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.00 | +0.046% | $532K | $400K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.88 | −0.033% | $3.2M | $2.5M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0060% | 8h | 153.03 | +0.065% | $1.9M | $1.4M | 75x | as long as short |
| Lighter SPCX | +0.0064% | 1h | 153.00 | +0.046% | $1.6M | $7.2M | 20x | as long as short |
| Paradex SPCX-USD-PERP | +0.0075% | 8h | 153.03 | +0.065% | $101 | — | 5x | as long as short |
| Pacifica SPCXlong | +0.0100% | 1h | 152.93 | long leg | $169K | $130K | 10x | |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.94 | +0.007% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.95 | +0.013% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.04 | +0.072% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.02 | +0.061% | $89 | — | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0142% | 1h | 152.99 | +0.039% | $73K | $1.2M | 10x | as long as short |
| Variational Omni SPCX | +0.0167% | 8h | 153.01 | +0.049% | $6.0M | $3.1M | — | as long as short |
| Bullet SPCX-USD | +0.0169% | 1h | 153.02 | +0.060% | $11K | $191K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0172% | 8h | 153.04 | +0.072% | $39.5M | $167.0M | 75x | as long as short |
| Extended SPCX-USD | +0.0176% | 1h | 152.99 | +0.040% | $734K | $3.8M | 10x | as long as short |
| Binance SPCXUSDT | +0.0178% | 8h | 153.04 | +0.072% | $252.5M | $1.37B | 75x | as long as short |
| tradeXYZ xyz:SPCX | +0.0186% | 1h | 152.99 | +0.039% | $142.0M | $118.9M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0199% | 1h | 153.06 | +0.082% | $410K | $532K | 20x | as long as short |
| Nado SPCX-PERP | +0.0220% | 1h | 152.95 | +0.012% | $617K | $826K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTXshort | +0.0256% | 1h | 153.04 | +0.072% | $738K | $979K | 10x | |
| Phoenix SPCX | +0.0262% | 1h | 153.03 | +0.065% | $445K | $267K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0414% | 8h | 153.12 | +0.124% | $19.0M | $17.6M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.28 | +0.229% | $9K | $27K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0447% | 4h | 153.03 | +0.062% | $1.7M | $892K | 20x | as long as short |
Pacifica SPCX
Coinbase International SPCX-PERP-INTX
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Bybit SPCXUSDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
BloFin SPCX-USDT
Lighter SPCX
Paradex SPCX-USD-PERP
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Deribit SPCX_USDC-PERPETUAL
Variational Omni SPCX
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Extended SPCX-USD
Binance SPCXUSDT
tradeXYZ xyz:SPCX
RISEx SPCX/USDC
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC