Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0081%/8h= −8.9% APRpaid last 24h −0.005%

Price spread now: Vest against Variational Omni−0.010%7-day average −0.083% · you buy dearer than you sell

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

Long on Variational Omni Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.029%+$3 on $10k

Price spread, last 7 days−0.028%−$3 · spread now −0.010%, 7d avg −0.083%

Together, before fees+0.002%+ Points / potential airdropVariational Omni: Active · Vest: Active · farm board$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Vest is 0.073% dearer against Variational Omni than usual: you sell high and buy low (spread −0.010% now, against its 7-day average of −0.083%): +$7 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SPCX	152.34	0.0127	pay 0.0127% / 8h	38m 03s	$5.9M	$2.8M	—
Short	Vest SPCX-USD-PERP	152.32	0.0046	get 0.0006% / 1h	38m 03s	—	$1.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Variational Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 VestbpOrdersPrice spread, now −0.010%Rate

Funding earned: −$17.11
Price spread: −0.010% → −0.083%: $7.31
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: −$11.8
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Vest: 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, 1 min ago	2.33 bp	doesn't fit	3.3 bp −$33	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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 −0.0234% / S +0.0471%	1h	152.26	−0.046%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.32	−0.010%	$96.2M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.35	+0.010%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.255%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.37	+0.023%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.55	+0.141%	$8K	$892K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.39	+0.036%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0013%	8h	152.35	+0.010%	$30.5M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0021%	8h	152.34	+0.003%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	152.28	−0.037%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0032%	1h	152.28	−0.036%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.26	−0.049%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.26	−0.049%	$103K	$298K	5x	as long as short
Vest SPCX-USD-PERPshort	+0.0046%	1h	152.32	−0.010%	—	$1.2M	10x
tradeXYZ xyz:SPCX	+0.0050%	1h	152.27	−0.043%	$129.9M	$129.2M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.31	−0.017%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.30	−0.023%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.32	−0.010%	$530K	$373K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.19	−0.095%	$3.2M	$2.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.28	−0.036%	$1.2M	$5.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0099%	8h	152.31	−0.017%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.23	−0.069%	$168K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.23	−0.069%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.29	−0.030%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.36	+0.016%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.32	−0.007%	$88	—	10x	as long as short
Variational Omni SPCXlong	+0.0127%	8h	152.34	long leg	$5.9M	$2.8M	—
Binance SPCXUSDT	+0.0141%	8h	152.33	−0.003%	$252.8M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.29	−0.030%	$727K	$4.3M	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.29	−0.030%	$89K	$1.4M	10x	as long as short
Bullet SPCX-USD	+0.0154%	1h	152.34	0.000%	$11K	$192K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0155%	8h	152.36	+0.016%	$39.7M	$166.7M	75x	as long as short
Nado SPCX-PERP	+0.0179%	1h	152.24	−0.062%	$627K	$803K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	+0.003%	$728K	$930K	10x	as long as short
Phoenix SPCX	+0.0368%	1h	152.35	+0.010%	$443K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0407%	8h	152.46	+0.084%	$18.9M	$28.9M	20x	as long as short
edgeX SPCXUSDC	+0.0436%	4h	152.34	+0.002%	$1.7M	$891K	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.55	+0.141%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.38	+0.026%	$381K	$507K	20x	as long as short