Funding arb · Price arb /

SPCX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%

Price spread now: KuCoin against Pacifica−0.020%7-day average +0.010% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as in the Funding arb table

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$360.364% of the position

Long on Pacifica Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.099%−$10 on $10k

Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.020%, 7d avg +0.010%

Together, before fees−0.033%+ Points / potential airdropPacifica: Active · farm board−$3 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: KuCoin is 0.029% cheaper against Pacifica than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SPCX	152.45	0.0100	pay 0.0013% / 1h	42m 00s	$169K	$118K	10x
Short	KuCoin SPCXUSDTM	152.42	0.0100	get 0.0100% / 8h	1h 42m	$13.0M	$5.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.020%Rate

Funding earned: $0
Price spread: −0.020% → +0.010%: −$2.93
Slippage, 4 orders: −$16.42
Fee Pacifica: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$39.36
Costs to cover: 0.364%
Break-even: never at this rate

Slippage from Pacifica: live order book, 1 min ago; KuCoin: live order book, 7 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, 1 min ago	0.33 bp	5.4 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	0.98 bp	10.2 bp −$10	39.6 bp −$396	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 −0.0187% / S +0.0435%	1h	152.41	−0.030%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0017%	8h	152.57	+0.079%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.49	+0.026%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.46	+0.007%	$96.1M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.49	+0.026%	$31.2M	$66.0M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.172%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.57	+0.079%	$300K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.81	+0.236%	$8K	$897K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.54	+0.059%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0021%	1h	152.50	+0.034%	$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	152.42	−0.020%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0038%	1h	152.48	+0.020%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.48	+0.020%	$103K	$299K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.45	0.000%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.46	+0.007%	$1.7M	$97K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.47	+0.013%	$531K	$383K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.39	−0.039%	$3.2M	$2.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0068%	1h	152.48	+0.020%	$487K	$1.2M	10x	as long as short
RISEx SPCX/USDC	+0.0072%	1h	152.53	+0.049%	$408K	$498K	20x	as long as short
Paradex SPCX-USD-PERP	+0.0077%	8h	152.52	+0.043%	$101	—	5x	as long as short
tradeXYZ xyz:SPCX	+0.0079%	1h	152.40	−0.033%	$130.0M	$129.1M	20x	as long as short
Variational Omni SPCX	+0.0084%	8h	152.58	+0.084%	$6.0M	$2.8M	—	as long as short
Lighter SPCX	+0.0088%	1h	152.44	−0.007%	$1.6M	$7.4M	20x	as long as short
Pacifica SPCXlong	+0.0100%	1h	152.45	long leg	$169K	$118K	10x
KuCoin SPCXUSDTMshort	+0.0100%	8h	152.42	−0.020%	$13.0M	$5.5M	20x
ApeX Omni SPCXUSDT	+0.0100%	1h	152.45	0.000%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.48	+0.020%	$14K	$7K	10x	as long as short
Binance SPCXUSDT	+0.0103%	8h	152.49	+0.026%	$250.7M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.46	+0.004%	$733K	$4.3M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.49	+0.024%	$88	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0115%	8h	152.50	+0.033%	$39.6M	$166.7M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.62	+0.112%	$726K	$932K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.56	+0.072%	$443K	$266K	15x	as long as short
Nado SPCX-PERP	+0.0226%	1h	152.40	−0.030%	$627K	$808K	20x	as long as short
Bullet SPCX-USD	+0.0257%	1h	152.50	+0.033%	$11K	$192K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0341%	1h	152.45	0.000%	$89K	$1.3M	10x	as long as short
Aster SPCXUSD1	+0.0364%	8h	152.64	+0.125%	$18.9M	$26.3M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.89	+0.289%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0976%	4h	152.55	+0.064%	$1.7M	$893K	20x	as long as short