SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0132%/8h= +14.5% APRnext payment +$1.32 per $10,000 · paid last 24h +0.019%

Price spread now: Variational Omni against SunX−0.171%45s7-day average −0.055% · you buy dearer than you sell

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

Long on SunX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.019%+$2 on $10k

Price spread, last 4 days (all we have)+0.351%+$35 · spread now −0.171%, 7d avg −0.055%

Together, before fees+0.370%+ Points / potential airdropVariational Omni: Active · farm board+$37 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.116% cheaper against SunX than usual: you would sell low and buy high (spread −0.171% now, against its 7-day average of −0.055%). If the spread goes back, that is −$12 on $10k: about 2.9 days of funding at the current rate (+$4 a day). At the pace of the last 4 days (+0.019% in total) that is about 22 days. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SPCX-USDT	153.26	0	get 0.0000% / 8h	3h 57m	$7K	$938K	10x
Short	Variational Omni SPCX	153.00	0.0132	get 0.0132% / 8h	3h 57m	$6.0M	$2.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against SunX. 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 SunXbpFee Variational OmnibpOrdersPrice spread, now −0.171%Rate

Funding earned: $27.79
Price spread: −0.171% → −0.055%: −$11.62
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $8.16
Costs to cover: 0.080%
Break-even: 4.9 days

Slippage unknown: SunX: live order book, 25 min ago; Variational Omni: RFQ quote, 2 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 SunX live order book, 25 min ago	21.86 bp	25.9 bp −$26	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.32 bp	doesn't fit	2.7 bp −$27	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	153.00	−0.173%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.00	−0.170%	$30.7M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.96	−0.196%	$96.3M	$31.1M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.03	−0.150%	$31.8M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.573%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.97	−0.189%	$301K	$2.9M	20x	as long as short
SunX SPCX-USDTlong	0.0000%	8h	153.26	long leg	$7K	$938K	10x
HTX SPCX-USDT	0.0000%	8h	153.09	−0.111%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	153.04	−0.145%	$8K	$8K	10x	as long as short
BloFin SPCX-USDT	+0.0028%	8h	153.03	−0.150%	$1.9M	$1.4M	75x	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	−0.222%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.95	−0.202%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.92	−0.222%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.99	−0.176%	$1.7M	$95K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.03	−0.150%	$532K	$391K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.84	−0.274%	$3.2M	$2.4M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.94	−0.209%	$1.2M	$5.9M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0058%	1h	152.93	−0.215%	$499K	$1.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0085%	8h	152.98	−0.184%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.90	−0.235%	$169K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.93	−0.215%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	−0.215%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.04	−0.144%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.01	−0.161%	$89	—	10x	as long as short
Variational Omni SPCXshort	+0.0132%	8h	153.00	−0.171%	$6.0M	$2.9M	—
Lighter SPCX	+0.0136%	1h	152.95	−0.202%	$1.6M	$7.3M	20x	as long as short
Binance SPCXUSDT	+0.0150%	8h	152.98	−0.183%	$247.9M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0152%	1h	152.94	−0.210%	$734K	$3.8M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0152%	8h	153.00	−0.170%	$39.6M	$166.6M	75x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	153.01	−0.161%	$409K	$517K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	153.10	−0.104%	$738K	$926K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.01	−0.163%	$445K	$264K	15x	as long as short
Nado SPCX-PERP	+0.0279%	1h	152.83	−0.279%	$616K	$814K	20x	as long as short
Bullet SPCX-USD	+0.0303%	1h	153.05	−0.135%	$12K	$192K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0308%	1h	152.93	−0.215%	$141.4M	$119.2M	20x	as long as short
Aster SPCXUSD1	+0.0418%	8h	153.13	−0.088%	$19.0M	$21.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.32	+0.039%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0535%	1h	152.97	−0.189%	$84K	$1.2M	10x	as long as short
edgeX SPCXUSDC	+0.0749%	4h	153.01	−0.166%	$1.7M	$891K	20x	as long as short