SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0185%/8h= −20.3% APRnext payment −$0.23 per $10,000 · paid last 24h +0.006%

Price spread now: Pacifica against tradeXYZ−0.007%7-day average +0.004% · 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−$32as in the Price arb table

costs, in and out, $10k−$310.314% of the position

Long on tradeXYZ Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.107%+$11 on $10k

Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.007%, 7d avg +0.004%

Together, before fees+0.180%+ Points / potential airdroptradeXYZ: Active · Pacifica: Active · farm board+$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.107%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.107% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SPCX	152.74	0.0285	pay 0.0036% / 1h	40m 02s	$141.2M	$119.3M	20x
Short	Pacifica SPCX	152.73	0.0100	get 0.0013% / 1h	40m 02s	$169K	$121K	10x

Funding 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 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 tradeXYZbpFee PacificabpOrdersPrice spread, now −0.007%Rate

Funding earned: −$38.92
Price spread: −0.007% → +0.004%: −$1.06
Slippage, 4 orders: −$5.36
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$71.34
Costs to cover: 0.314%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 10 min ago; Pacifica: live order book, 13 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, 10 min ago	0.33 bp	9.3 bp −$9	10.8 bp −$108	15.9 bp −$1,590	doesn't fit
Sell Pacifica live order book, 13 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 −0.0214% / S +0.0456%	1h	152.75	+0.003%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.74	0.000%	$96.2M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.77	+0.020%	$31.7M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.956%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.88	+0.092%	$301K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.10	+0.236%	$8K	$929K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.90	+0.105%	$1.3M	$1.7M	75x	as long as short
Bybit SPCXUSDT	+0.0020%	8h	152.80	+0.039%	$30.7M	$42.6M	100x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.68	−0.039%	$2.5M	$7.3M	20x	as long as short
Aftermath Perps SPCXUSD	+0.0033%	1h	152.79	+0.031%	$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
BloFin SPCX-USDT	+0.0037%	8h	152.88	+0.092%	$1.9M	$1.3M	75x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.80	+0.039%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.76	+0.013%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.75	+0.007%	$1.7M	$97K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.73	−0.007%	$532K	$391K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.74	0.000%	$3.2M	$2.4M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.80	+0.039%	$1.2M	$5.8M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0057%	1h	152.78	+0.026%	$495K	$1.2M	10x	as long as short
Pacifica SPCXshort	+0.0100%	1h	152.73	−0.007%	$169K	$121K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	152.69	−0.033%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.77	+0.020%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.77	+0.020%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.77	+0.022%	$89	—	10x	as long as short
Paradex SPCX-USD-PERP	+0.0106%	8h	152.84	+0.066%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0142%	8h	152.85	+0.071%	$6.0M	$2.9M	—	as long as short
Binance SPCXUSDT	+0.0157%	8h	152.77	+0.020%	$248.4M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0160%	8h	152.77	+0.020%	$39.6M	$166.0M	75x	as long as short
Lighter SPCX	+0.0160%	1h	152.71	−0.020%	$1.6M	$7.3M	20x	as long as short
Extended SPCX-USD	+0.0160%	1h	152.73	−0.009%	$738K	$3.8M	10x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	152.84	+0.069%	$409K	$517K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.90	+0.105%	$741K	$939K	10x	as long as short
Nado SPCX-PERP	+0.0254%	1h	152.69	−0.030%	$615K	$810K	20x	as long as short
Phoenix SPCX	+0.0261%	1h	152.85	+0.072%	$444K	$264K	15x	as long as short
Bullet SPCX-USD	+0.0282%	1h	152.77	+0.020%	$12K	$192K	10x	as long as short
tradeXYZ xyz:SPCXlong	+0.0285%	1h	152.74	long leg	$141.2M	$119.3M	20x
Aster SPCXUSD1	+0.0432%	8h	152.87	+0.086%	$19.0M	$23.3M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.24	+0.327%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0471%	1h	152.73	−0.007%	$84K	$1.2M	10x	as long as short
edgeX SPCXUSDC	+0.0694%	4h	152.87	+0.085%	$1.7M	$891K	20x	as long as short