Funding you earn now, next payment 08:00 UTC−0.0073%/8h= −8.0% APRnext payment −$0.73 per $10,000 · paid last 24h +0.011%
Price spread now: Orderly against Variational Omni+0.023%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. Orderly is 0.023% dearer against Variational Omni than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SPCX | 153.00 | 0.0173 | pay 0.0173% / 8h | 5h 34m | $6.0M | $3.1M | — |
| Short | Orderly PERP_SPCX_USDC_mythos | 153.03 | 0.0100 | get 0.0100% / 8h | 5h 34m | $15K | $7K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$15.27
- Price spread: +0.023% → 0.000%
- $2.28
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$19
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Orderly: no order-book sample. 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, 5 min ago | 2.35 bp | doesn't fit | 3.7 bp −$37 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 −0.0333% / S +0.0531% | 1h | 153.00 | +0.006% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.00 | +0.003% | $96.1M | $31.3M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 153.08 | +0.055% | $31.7M | $66.1M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.767% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.91 | −0.056% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.20 | +0.134% | $8K | $940K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.05 | +0.036% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.97 | −0.016% | $8K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.95 | −0.030% | $1.6M | $7.2M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.92 | −0.049% | $2.5M | $7.2M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SPCXUSDT | +0.0033% | 8h | 153.01 | +0.010% | $30.8M | $42.8M | 100x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.94 | −0.036% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.98 | −0.010% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0048% | 1h | 152.98 | −0.010% | $1.2M | $6.5M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.97 | −0.016% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.01 | +0.010% | $1.7M | $93K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.01 | +0.010% | $534K | $402K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.85 | −0.095% | $3.2M | $2.5M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0067% | 8h | 153.02 | +0.016% | $1.9M | $1.4M | 75x | as long as short |
| Paradex SPCX-USD-PERP | +0.0073% | 8h | 153.04 | +0.027% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.92 | −0.049% | $169K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.92 | −0.049% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.93 | −0.043% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythosshort | +0.0100% | 8h | 153.03 | +0.023% | $15K | $7K | 10x | |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.00 | +0.001% | $89 | — | 10x | as long as short |
| Bullet SPCX-USD | +0.0141% | 1h | 153.04 | +0.029% | $11K | $190K | 10x | as long as short |
| Variational Omni SPCXlong | +0.0173% | 8h | 153.00 | long leg | $6.0M | $3.1M | — | |
| OKX SPCX-USDT-SWAP | +0.0179% | 8h | 153.04 | +0.029% | $39.5M | $167.7M | 75x | as long as short |
| Extended SPCX-USD | +0.0184% | 1h | 153.00 | +0.002% | $736K | $3.8M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0185% | 1h | 152.98 | −0.010% | $142.1M | $119.4M | 20x | as long as short |
| Binance SPCXUSDT | +0.0187% | 8h | 153.04 | +0.029% | $252.7M | $1.37B | 75x | as long as short |
| Nado SPCX-PERP | +0.0196% | 1h | 152.90 | −0.060% | $622K | $831K | 20x | as long as short |
| RISEx SPCX/USDC | +0.0199% | 1h | 153.03 | +0.024% | $408K | $549K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.01 | +0.010% | $738K | $980K | 10x | as long as short |
| Phoenix SPCX | +0.0262% | 1h | 153.02 | +0.016% | $445K | $267K | 15x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0273% | 1h | 152.96 | −0.023% | $73K | $1.2M | 10x | as long as short |
| edgeX SPCXUSDC | +0.0344% | 4h | 153.00 | +0.002% | $1.7M | $892K | 20x | as long as short |
| Aster SPCXUSD1 | +0.0405% | 8h | 153.09 | +0.065% | $19.0M | $17.1M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.28 | +0.186% | $9K | $27K | 5.5x | as long as short |
Variational Omni SPCX
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
Bybit SPCXUSDT
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
BloFin SPCX-USDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Extended SPCX-USD
tradeXYZ xyz:SPCX
Binance SPCXUSDT
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Deribit SPCX_USDC-PERPETUAL
edgeX SPCXUSDC
Aster SPCXUSD1
Injective SPCX/USDC PERP