Funding you earn now, next payment 08:00 UTC−0.0190%/8h= −20.8% APRpaid last 24h −0.037%
Price spread now: Variational Omni against Coinbase International+0.151%7-day average +0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)+0.317%+$32 · spread now +0.151%, 7d avg +0.002%
=Together, before fees+0.148%+ Points / potential airdropVariational Omni: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.149% dearer against Coinbase International than usual: you sell high and buy low (spread +0.151% now, against its 7-day average of +0.002%): +$15 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 2.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SPCX-PERP-INTX | 152.45 | 0.0280 | pay 0.0035% / 1h | 9m 49s | $689K | $1.0M | 10x |
| Short | Variational Omni SPCX | 152.68 | 0.0090 | get 0.0090% / 8h | 7h 09m | $5.9M | $2.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Coinbase International. 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
- −$39.83
- Price spread: +0.151% → +0.002%
- $14.88
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$34.95
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Coinbase International: live order book, 4 min ago; 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 Coinbase International live order book, 4 min ago | 3.61 bp | 8.6 bp −$9 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 2.36 bp | doesn't fit | 2.9 bp −$29 | doesn't fit | doesn't fit |
SPCX on 38 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 | 152.63 | +0.115% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0011% | 8h | 152.57 | +0.079% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.73 | +0.184% | $30.5M | $43.2M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.69 | +0.157% | $96.2M | $32.6M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.75 | +0.197% | $31.0M | $66.7M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.50 | +0.033% | $300K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.80 | +0.230% | $8K | $842K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.68 | +0.151% | $83K | $1.4M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.63 | +0.118% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0017% | 1h | 152.43 | −0.011% | $7K | $7K | 10x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0032% | 1h | 152.67 | +0.144% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.63 | +0.118% | $2.5M | $7.3M | 20x | as long as short |
| QFEX SPCX-USD | +0.0035% | 1h | 152.65 | +0.131% | $1.2M | $5.4M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.60 | +0.098% | $103K | $295K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.71 | +0.171% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.66 | +0.138% | $129.7M | $129.8M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.62 | +0.112% | $489K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.67 | +0.144% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.69 | +0.157% | $530K | $365K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.51 | +0.039% | $3.1M | $2.2M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0058% | 8h | 152.70 | +0.165% | $101 | — | 5x | as long as short |
| Variational Omni SPCXshort | +0.0090% | 8h | 152.68 | +0.151% | $5.9M | $2.7M | — | |
| Nado SPCX-PERP | +0.0099% | 1h | 152.65 | +0.130% | $633K | $810K | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.62 | +0.112% | $169K | $117K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.58 | +0.085% | $13.0M | $5.8M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.48 | +0.020% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.71 | +0.171% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.67 | +0.146% | $89 | — | 10x | as long as short |
| Binance SPCXUSDT | +0.0110% | 8h | 152.72 | +0.177% | $253.3M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0112% | 1h | 152.67 | +0.144% | $723K | $5.4M | 10x | as long as short |
| Bullet SPCX-USD | +0.0114% | 1h | 152.71 | +0.171% | $11K | $192K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0116% | 8h | 152.75 | +0.197% | $39.4M | $168.6M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0190% | 1h | 152.70 | +0.165% | $382K | $507K | 20x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.60 | +0.098% | $448K | $268K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTXlong | +0.0280% | 1h | 152.45 | long leg | $689K | $1.0M | 10x | |
| edgeX SPCXUSDC | +0.0379% | 4h | 152.56 | +0.073% | $1.7M | $891K | 20x | as long as short |
| Aster SPCXUSD1 | +0.0400% | 8h | 152.85 | +0.261% | $19.0M | $30.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.78 | +0.216% | $9K | $28K | 5.5x | as long as short |
Coinbase International SPCX-PERP-INTX
Variational Omni SPCX
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
StandX SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Binance SPCXUSDT
Extended SPCX-USD
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
RISEx SPCX/USDC
Phoenix SPCX
edgeX SPCXUSDC
Aster SPCXUSD1
Injective SPCX/USDC PERP