Funding you earn now, next payment 04:00 UTC+0.0112%/8h= +12.2% APRpaid last 24h +0.035%
Price spread now: Coinbase International against Variational Omni−0.038%7-day average −0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.164%+$16 on $10k
+Price spread, last 4 days (all we have)−0.211%−$21 · spread now −0.038%, 7d avg −0.004%
=Together, before fees−0.048%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.035% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of −0.004%). If the spread goes back, that is −$3 on $10k: about 25 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SPCX | 152.96 | 0.0136 | pay 0.0136% / 8h | 3h 55m | $6.0M | $2.9M | — |
| Short | Coinbase International SPCX-PERP-INTX | 152.90 | 0.0248 | get 0.0031% / 1h | 55m 11s | $741K | $939K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Variational Omni. 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
- $23.48
- Price spread: −0.038% → −0.004%
- −$3.45
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $10.02
- Costs to cover
- 0.100%
- Break-even
- 4.0 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Coinbase International: live order book, 63 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 Variational Omni RFQ quote, 4 min ago | 2.32 bp | doesn't fit | 3.2 bp −$32 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 63 min ago | 2.61 bp | 7.8 bp −$8 | 10.3 bp −$103 | 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 | 152.91 | −0.035% | $90K | — | 20x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.94 | −0.012% | $30.7M | $42.6M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.91 | −0.032% | $96.2M | $31.1M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.97 | +0.008% | $31.8M | $65.3M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.796% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.97 | +0.008% | $301K | $2.9M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.16 | +0.132% | $7K | $936K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.97 | +0.008% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0029% | 1h | 152.93 | −0.017% | $7K | $8K | 10x | as long as short |
| BloFin SPCX-USDT | +0.0031% | 8h | 152.97 | +0.008% | $1.9M | $1.3M | 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 | 152.85 | −0.071% | $2.5M | $7.2M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.91 | −0.032% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.88 | −0.051% | — | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.91 | −0.032% | $1.7M | $95K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.92 | −0.025% | $532K | $391K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.84 | −0.077% | $3.2M | $2.4M | 10x | as long as short |
| QFEX SPCX-USD | +0.0050% | 1h | 152.94 | −0.012% | $1.2M | $5.9M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0089% | 8h | 152.96 | +0.002% | $101 | — | 5x | as long as short |
| Polymarket Perps SPCX-USD | +0.0089% | 1h | 152.91 | −0.032% | $499K | $1.2M | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.90 | −0.038% | $169K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.87 | −0.058% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.00 | +0.027% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.96 | +0.001% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.94 | −0.009% | $89 | — | 10x | as long as short |
| Variational Omni SPCXlong | +0.0136% | 8h | 152.96 | long leg | $6.0M | $2.9M | — | |
| Binance SPCXUSDT | +0.0151% | 8h | 152.94 | −0.012% | $247.9M | $1.36B | 75x | as long as short |
| Lighter SPCX | +0.0152% | 1h | 152.88 | −0.051% | $1.6M | $7.3M | 20x | as long as short |
| Extended SPCX-USD | +0.0152% | 1h | 152.89 | −0.046% | $734K | $3.8M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0155% | 8h | 152.94 | −0.012% | $39.6M | $166.5M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0217% | 1h | 153.00 | +0.027% | $409K | $517K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTXshort | +0.0248% | 1h | 152.90 | −0.038% | $741K | $939K | 10x | |
| Phoenix SPCX | +0.0261% | 1h | 152.95 | −0.005% | $445K | $264K | 15x | as long as short |
| Nado SPCX-PERP | +0.0275% | 1h | 152.82 | −0.089% | $616K | $814K | 20x | as long as short |
| tradeXYZ xyz:SPCX | +0.0302% | 1h | 152.91 | −0.032% | $141.4M | $119.3M | 20x | as long as short |
| Bullet SPCX-USD | +0.0302% | 1h | 152.93 | −0.020% | $12K | $192K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0419% | 8h | 153.06 | +0.070% | $19.0M | $21.6M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.32 | +0.237% | $9K | $28K | 5.5x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0470% | 1h | 152.89 | −0.045% | $84K | $1.2M | 10x | as long as short |
| edgeX SPCXUSDC | +0.0699% | 4h | 152.97 | +0.008% | $1.7M | $891K | 20x | as long as short |
Variational Omni SPCX
Coinbase International SPCX-PERP-INTX
GMX SPCX/USD [ETH-USDC]
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
BloFin SPCX-USDT
Lighter RH SPCX
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Polymarket Perps SPCX-USD
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Binance SPCXUSDT
Lighter SPCX
Extended SPCX-USD
OKX SPCX-USDT-SWAP
RISEx SPCX/USDC
Phoenix SPCX
tradeXYZ xyz:SPCX
Bullet SPCX-USD
Aster SPCXUSD1
Injective SPCX/USDC PERP
Deribit SPCX_USDC-PERPETUAL
edgeX SPCXUSDC