Funding arb · Price arb /

SPCX

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0069%/8h= +7.5% APRpaid last 24h −0.012%

Price spread now: Variational Omni against Aevo+0.003%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SPCX-PERP	152.99	0.0104	pay 0.0013% / 1h	34m 46s	$89	—	10x
Short	Variational Omni SPCX	153.00	0.0173	get 0.0173% / 8h	5h 34m	$6.0M	$3.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aevo. 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 AevobpFee Variational OmnibpOrdersPrice spread, now +0.003%Rate

Funding earned: $14.43
Price spread: +0.003% → 0.000%: $0.26
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$1.31
Costs to cover: 0.160%
Break-even: 7.6 days

Slippage unknown: Aevo: no order-book sample; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.

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 Aevo no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 4 min ago	2.35 bp	doesn't fit	2.6 bp −$26	doesn't fit	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	152.97	−0.011%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.99	−0.001%	$96.1M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.770%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.93	−0.040%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.20	+0.136%	$8K	$940K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.02	+0.019%	$1.3M	$1.7M	75x	as long as short
Bitget SPCXUSDT	+0.0001%	8h	153.04	+0.032%	$31.7M	$66.1M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.97	−0.014%	$8K	$8K	10x	as long as short
Bybit SPCXUSDT	+0.0030%	8h	153.01	+0.012%	$30.8M	$42.8M	100x	as long as short
Lighter SPCX	+0.0032%	1h	152.94	−0.033%	$1.6M	$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
Lighter RH SPCX	+0.0032%	1h	152.92	−0.047%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.94	−0.033%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.98	−0.007%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0048%	1h	152.96	−0.020%	$1.2M	$6.6M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.96	−0.020%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.99	−0.001%	$1.7M	$93K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.00	+0.006%	$534K	$402K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.85	−0.092%	$3.2M	$2.5M	10x	as long as short
BloFin SPCX-USDT	+0.0067%	8h	153.02	+0.019%	$1.9M	$1.4M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0072%	8h	153.01	+0.010%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.91	−0.053%	$169K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.91	−0.053%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	−0.040%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.02	+0.019%	$15K	$7K	10x	as long as short
Aevo SPCX-PERPlong	+0.0104%	1h	152.99	long leg	$89	—	10x
Bullet SPCX-USD	+0.0136%	1h	153.02	+0.018%	$11K	$190K	10x	as long as short
Variational Omni SPCXshort	+0.0173%	8h	153.00	+0.003%	$6.0M	$3.1M	—
OKX SPCX-USDT-SWAP	+0.0178%	8h	153.05	+0.038%	$39.5M	$167.8M	75x	as long as short
tradeXYZ xyz:SPCX	+0.0182%	1h	152.97	−0.014%	$142.0M	$119.4M	20x	as long as short
Extended SPCX-USD	+0.0184%	1h	152.98	−0.007%	$736K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0187%	8h	153.03	+0.024%	$252.7M	$1.37B	75x	as long as short
Nado SPCX-PERP	+0.0193%	1h	152.91	−0.052%	$622K	$831K	20x	as long as short
RISEx SPCX/USDC	+0.0199%	1h	153.01	+0.009%	$408K	$549K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.01	+0.012%	$738K	$980K	10x	as long as short
Phoenix SPCX	+0.0262%	1h	153.02	+0.019%	$445K	$267K	15x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0273%	1h	152.96	−0.020%	$73K	$1.2M	10x	as long as short
edgeX SPCXUSDC	+0.0344%	4h	153.00	+0.004%	$1.7M	$892K	20x	as long as short
Aster SPCXUSD1	+0.0404%	8h	153.08	+0.058%	$19.0M	$17.1M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.28	+0.189%	$9K	$27K	5.5x	as long as short