Funding you earn now, next payment 16:00 UTC−0.0026%/8h= −2.9% APRnext payment −$0.26 per $10,000 · paid last 24h −0.006%
Price spread now: Paradex against Variational Omni−0.043%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.043% cheaper against Variational Omni than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni SPCX | 152.28 | 0.0092 | pay 0.0092% / 8h | 7h 47m | $5.9M | $2.8M | — |
| Short | Paradex SPCX-USD-PERP | 152.21 | 0.0065 | get 0.0065% / 8h | 7h 47m | $100 | — | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$5.54
- Price spread: −0.043% → 0.000%
- −$4.34
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$13.88
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Paradex: 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, 2 min ago | 2.37 bp | doesn't fit | 3.9 bp −$39 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 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 | 152.18 | −0.069% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0011% | 8h | 152.27 | −0.006% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.25 | −0.020% | $30.4M | $43.0M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.20 | −0.052% | $96.1M | $32.0M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.26 | −0.013% | $31.0M | $66.8M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.28 | 0.000% | $300K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.52 | +0.158% | $8K | $862K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.16 | −0.079% | $87K | $1.4M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.34 | +0.039% | $1.3M | $1.8M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0020% | 1h | 152.17 | −0.074% | $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 | 152.18 | −0.066% | $1.6M | $7.3M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.17 | −0.072% | $2.5M | $7.2M | 20x | as long as short |
| QFEX SPCX-USD | +0.0035% | 1h | 152.23 | −0.033% | $1.2M | $5.5M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.19 | −0.059% | $102K | $299K | 5x | as long as short |
| Bullet SPCX-USD | +0.0043% | 1h | 152.26 | −0.012% | $11K | $191K | 10x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.26 | −0.013% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.14 | −0.092% | $129.8M | $129.6M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.16 | −0.079% | $488K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.18 | −0.066% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.20 | −0.052% | $529K | $366K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.11 | −0.112% | $3.2M | $2.2M | 10x | as long as short |
| Paradex SPCX-USD-PERPshort | +0.0065% | 8h | 152.21 | −0.043% | $100 | — | 5x | |
| Nado SPCX-PERP | +0.0080% | 1h | 152.16 | −0.076% | $635K | $815K | 20x | as long as short |
| Variational Omni SPCXlong | +0.0092% | 8h | 152.28 | long leg | $5.9M | $2.8M | — | |
| Pacifica SPCX | +0.0100% | 1h | 152.16 | −0.079% | $168K | $118K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.15 | −0.085% | $13.0M | $5.7M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.34 | +0.039% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.26 | −0.013% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.21 | −0.043% | $88 | — | 10x | as long as short |
| Binance SPCXUSDT | +0.0110% | 8h | 152.29 | +0.007% | $253.5M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0112% | 1h | 152.20 | −0.052% | $725K | $5.3M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0122% | 8h | 152.28 | 0.000% | $39.5M | $167.2M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0190% | 1h | 152.26 | −0.013% | $381K | $506K | 20x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.26 | −0.013% | $447K | $268K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0280% | 1h | 152.13 | −0.098% | $693K | $992K | 10x | as long as short |
| edgeX SPCXUSDC | +0.0305% | 4h | 152.25 | −0.022% | $1.7M | $891K | 20x | as long as short |
| Aster SPCXUSD1 | +0.0381% | 8h | 152.37 | +0.059% | $18.9M | $30.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.57 | +0.191% | $9K | $28K | 5.5x | as long as short |
Variational Omni SPCX
Paradex SPCX-USD-PERP
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
Bullet SPCX-USD
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Binance SPCXUSDT
Extended SPCX-USD
OKX SPCX-USDT-SWAP
RISEx SPCX/USDC
Phoenix SPCX
Coinbase International SPCX-PERP-INTX
edgeX SPCXUSDC
Aster SPCXUSD1
Injective SPCX/USDC PERP