SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0189%/8h= +20.6% APRnext payment +$1.89 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against Bybit−0.017%7-day average +0.005% · you buy dearer than you sell

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

Long on Bybit Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 7 days+0.026%+$3 · spread now −0.017%, 7d avg +0.005%

Together, before fees+0.026%+ Points / potential airdropVariational Omni: Active · farm board+$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.022% cheaper against Bybit than usual: you would sell low and buy high (spread −0.017% now, against its 7-day average of +0.005%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day).

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.000% in total (about 0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.89 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	Bybit SPCXUSDT	152.90	0	get 0.0000% / 8h	7h 58m	$30.7M	$42.8M	100x
Short	Variational Omni SPCX	152.87	0.0189	get 0.0189% / 8h	7h 58m	$6.1M	$3.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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 BybitbpFee Variational OmnibpOrdersPrice spread, now −0.017%Rate

Funding earned: $39.59
Price spread: −0.017% → +0.005%: −$2.2
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $26.39
Costs to cover: 0.110%
Break-even: 2.3 days

Slippage unknown: Bybit: live order book, 10 min ago; Variational Omni: RFQ quote, just now. 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 Bybit live order book, 10 min ago	0.33 bp	7.4 bp −$7	10.9 bp −$109	48.8 bp −$4,882	doesn't fit
Sell Variational Omni RFQ quote, just now	2.32 bp	doesn't fit	2.6 bp −$26	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 −0.0290% / S +0.0501%	1h	152.84	−0.043%	$88K	—	20x	as long as short
Bybit SPCXUSDTlong	0.0000%	8h	152.90	long leg	$30.7M	$42.8M	100x
Gate SPCX_USDT	0.0000%	8h	152.88	−0.013%	$96.6M	$30.9M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.829%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.81	−0.059%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.11	+0.137%	$8K	$971K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.89	−0.007%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0030%	1h	152.82	−0.053%	$7K	$8K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.89	−0.007%	$2.5M	$7.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.845%	$9K	$27K	5.5x	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	152.85	−0.033%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.91	+0.007%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.85	−0.033%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.79	−0.072%	$534K	$414K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.70	−0.131%	$3.2M	$2.8M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0056%	1h	152.84	−0.039%	$489K	$1.1M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	152.83	−0.046%	$1.2M	$7.7M	10x	as long as short
BloFin SPCX-USDT	+0.0088%	8h	152.91	+0.007%	$1.9M	$1.4M	75x	as long as short
Lighter SPCX	+0.0088%	1h	152.93	+0.020%	$1.6M	$7.4M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.80	−0.065%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.84	−0.039%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.78	−0.078%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.90	0.000%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.99	+0.060%	$89	—	10x	as long as short
Paradex SPCX-USD-PERP	+0.0106%	8h	152.90	+0.001%	$101	—	5x	as long as short
Variational Omni SPCXshort	+0.0189%	8h	152.87	−0.017%	$6.1M	$3.5M	—
Bullet SPCX-USD	+0.0193%	1h	152.88	−0.013%	$12K	$187K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0200%	8h	152.92	+0.013%	$38.9M	$169.3M	75x	as long as short
Binance SPCXUSDT	+0.0208%	8h	152.90	−0.003%	$253.0M	$1.39B	75x	as long as short
Extended SPCX-USD	+0.0208%	1h	152.85	−0.033%	$734K	$3.7M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0254%	1h	152.86	−0.026%	$143.4M	$119.6M	20x	as long as short
Phoenix SPCX	+0.0261%	1h	152.92	+0.013%	$445K	$268K	15x	as long as short
Bitget SPCXUSDT	+0.0314%	8h	152.92	+0.013%	$31.3M	$67.0M	75x	as long as short
Aster SPCXUSD1	+0.0317%	8h	152.98	+0.051%	$19.0M	$21.3M	20x	as long as short
Nado SPCX-PERP	+0.0328%	1h	152.76	−0.088%	$599K	$883K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	152.97	+0.046%	$733K	$970K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0404%	1h	152.93	+0.020%	$71K	$1.0M	10x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	152.91	+0.007%	$401K	$540K	20x	as long as short
edgeX SPCXUSDC	+0.0717%	4h	152.88	−0.015%	$1.7M	$894K	20x	as long as short