Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0193%/8h= +21.1% APRpaid last 24h +0.036%

Price spread now: RISEx against Variational Omni+0.048%7-day average +0.042% · you sell dearer than you buy

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

Long on Variational Omni Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.078%+$8 on $10k

Price spread, last 4 days (all we have)−0.041%−$4 · spread now +0.048%, 7d avg +0.042%

Together, before fees+0.037%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SPCX	152.98	0.0217	pay 0.0217% / 8h	6h 44m	$6.0M	$3.3M	—
Short	RISEx SPCX/USDC	153.06	0.0410	get 0.0051% / 1h	44m 27s	$408K	$539K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 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 Variational OmnibpFee RISExbpOrdersPrice spread, now +0.048%Rate

Funding earned: $40.46
Price spread: +0.048% → +0.042%: $0.61
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: $35.07
Costs to cover: 0.060%
Break-even: 0.9 days

Slippage unknown: Variational Omni: RFQ quote, 5 min ago; RISEx: live order book, 24 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, 5 min ago	2.32 bp	doesn't fit	4.0 bp −$40	doesn't fit	doesn't fit
Sell RISEx live order book, 24 min ago	0.65 bp	3.7 bp −$4	5.4 bp −$54	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 −0.0341% / S +0.0537%	1h	152.97	−0.004%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.01	+0.019%	$96.3M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.775%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.94	−0.027%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.24	+0.169%	$8K	$949K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.96	−0.014%	$72K	$1.1M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.01	+0.019%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.93	−0.035%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.99	+0.006%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.97	−0.007%	$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
Injective SPCX/USDC PERP	+0.0033%	1h	153.32	+0.221%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.95	−0.020%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.03	+0.032%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	153.02	+0.025%	$1.2M	$7.0M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.99	+0.006%	$501K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.99	+0.006%	$1.7M	$87K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.95	−0.020%	$534K	$406K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.84	−0.092%	$3.2M	$2.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0084%	8h	153.05	+0.047%	$101	—	5x	as long as short
Bybit SPCXUSDT	+0.0091%	8h	153.04	+0.038%	$30.9M	$42.9M	100x	as long as short
Pacifica SPCX	+0.0100%	1h	152.93	−0.034%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.93	−0.034%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.02	+0.025%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.01	+0.019%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.01	+0.020%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0116%	8h	153.03	+0.032%	$1.9M	$1.4M	75x	as long as short
Bullet SPCX-USD	+0.0150%	1h	153.02	+0.027%	$11K	$189K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0163%	1h	153.00	+0.012%	$142.4M	$119.8M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0201%	8h	153.04	+0.038%	$39.4M	$169.0M	75x	as long as short
Bitget SPCXUSDT	+0.0214%	8h	153.06	+0.051%	$31.8M	$66.6M	75x	as long as short
Variational Omni SPCXlong	+0.0217%	8h	152.98	long leg	$6.0M	$3.3M	—
Binance SPCXUSDT	+0.0230%	8h	153.04	+0.038%	$252.9M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0232%	1h	152.99	+0.006%	$734K	$3.8M	10x	as long as short
Nado SPCX-PERP	+0.0260%	1h	152.97	−0.008%	$620K	$843K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	153.14	+0.104%	$728K	$986K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.02	+0.025%	$445K	$270K	15x	as long as short
Aster SPCXUSD1	+0.0392%	8h	153.12	+0.088%	$19.0M	$17.7M	20x	as long as short
RISEx SPCX/USDCshort	+0.0410%	1h	153.06	+0.048%	$408K	$539K	20x
edgeX SPCXUSDC	+0.0635%	4h	152.99	+0.004%	$1.7M	$894K	20x	as long as short