SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0090%/8h= +9.8% APRnext payment +$0.90 per $10,000 · paid last 24h +0.019%

Price spread now: Variational Omni against GRVT−11.677%7-day average — · you buy dearer than you sell

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

Long on GRVT Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Variational Omni is 11.677% cheaper against GRVT than usual: you would sell low and buy high (spread −11.677% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,168 on $10k: about 14 months of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT SPCX_USDT_Perp	172.52	0	get 0.0000% / 8h	1h 34m	$4K	$882	10x
Short	Variational Omni SPCX	152.38	0.0090	get 0.0090% / 8h	1h 34m	$5.9M	$2.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against GRVT. 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 GRVTbpFee Variational OmnibpOrdersPrice spread, now −11.677%Rate

Funding earned: $18.8
Price spread: −11.677% → 0.000%: −$1,167.67
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$1,157.86
Costs to cover: 0.090%
Break-even: 438.0 days

Slippage unknown: GRVT: 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 GRVT no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 4 min ago	2.33 bp	doesn't fit	2.3 bp −$23	doesn't fit	doesn't fit

GRVT: 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 −0.0187% / S +0.0435%	1h	152.31	−11.719%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0011%	8h	152.40	−11.664%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.40	−11.664%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.36	−11.687%	$96.1M	$31.9M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.41	−11.658%	$31.2M	$66.0M	75x	as long as short
GRVT SPCX_USDT_Perplong	0.0000%	8h	172.52	long leg	$4K	$882	10x
StandX SPCX-USD	0.0000%	1h	152.38	−11.676%	$300K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.67	−11.508%	$8K	$895K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.48	−11.618%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0024%	1h	152.39	−11.669%	$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	152.30	−11.722%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0038%	1h	152.38	−11.676%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.34	−11.699%	$103K	$299K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.33	−11.705%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.37	−11.682%	$1.7M	$97K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.39	−11.670%	$531K	$381K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.25	−11.751%	$3.2M	$2.2M	10x	as long as short
RISEx SPCX/USDC	+0.0072%	1h	152.42	−11.650%	$408K	$498K	20x	as long as short
Paradex SPCX-USD-PERP	+0.0089%	8h	152.42	−11.651%	$101	—	5x	as long as short
Variational Omni SPCXshort	+0.0090%	8h	152.38	−11.677%	$5.9M	$2.8M	—
tradeXYZ xyz:SPCX	+0.0094%	1h	152.30	−11.722%	$129.9M	$129.0M	20x	as long as short
Pacifica SPCX	+0.0100%	1h	152.34	−11.699%	$169K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.27	−11.739%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.37	−11.682%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.39	−11.670%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.39	−11.671%	$88	—	10x	as long as short
Binance SPCXUSDT	+0.0109%	8h	152.39	−11.669%	$251.5M	$1.36B	75x	as long as short
Polymarket Perps SPCX-USD	+0.0110%	1h	152.38	−11.676%	$487K	$1.2M	10x	as long as short
Lighter SPCX	+0.0112%	1h	152.31	−11.716%	$1.6M	$7.4M	20x	as long as short
Extended SPCX-USD	+0.0112%	1h	152.36	−11.689%	$733K	$3.8M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0120%	8h	152.43	−11.647%	$39.5M	$166.6M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.36	−11.687%	$732K	$938K	10x	as long as short
edgeX SPCXUSDC	+0.0209%	4h	152.39	−11.668%	$1.7M	$892K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.38	−11.676%	$443K	$266K	15x	as long as short
Nado SPCX-PERP	+0.0244%	1h	152.25	−11.753%	$626K	$808K	20x	as long as short
Bullet SPCX-USD	+0.0273%	1h	152.41	−11.660%	$11K	$192K	10x	as long as short
Aster SPCXUSD1	+0.0372%	8h	152.51	−11.602%	$18.9M	$27.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.81	−11.426%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0538%	1h	152.36	−11.687%	$89K	$1.3M	10x	as long as short