Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.015%

Price spread now: Variational Omni against Vest+0.013%7-day average +0.082% · you sell dearer than you buy

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

Long on Vest Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.020%−$2 on $10k

Price spread, last 7 days+0.033%+$3 · spread now +0.013%, 7d avg +0.082%

Together, before fees+0.013%+ Points / potential airdropVest: Active · Variational Omni: Active · farm board+$1 on $10k · with fees, hour by hour

Funding pays, the price is against you. Variational Omni is 0.069% cheaper against Vest than usual: you would sell low and buy high (spread +0.013% now, against its 7-day average of +0.082%). If the spread goes back, that is −$7 on $10k: about 5.0 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SPCX-USD-PERP	152.26	0.0046	pay 0.0006% / 1h	46m 50s	—	$1.2M	10x
Short	Variational Omni SPCX	152.28	0.0092	get 0.0092% / 8h	7h 46m	$5.9M	$2.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Vest. 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 VestbpFee Variational OmnibpOrdersPrice spread, now +0.013%Rate

Funding earned: $9.68
Price spread: +0.013% → +0.082%: −$6.94
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $0.74
Costs to cover: 0.020%
Break-even: 6.5 days

Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 2 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 Vest no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 2 min ago	2.37 bp	doesn't fit	2.8 bp −$28	doesn't fit	doesn't fit

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 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	−0.056%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0010%	8h	152.27	+0.007%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.24	−0.013%	$30.4M	$43.0M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.22	−0.026%	$96.1M	$32.0M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.24	−0.013%	$31.0M	$66.8M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.28	+0.013%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.50	+0.158%	$8K	$862K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.34	+0.053%	$1.3M	$1.8M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0013%	1h	152.22	−0.026%	$87K	$1.4M	10x	as long as short
Aftermath Perps SPCXUSD	+0.0020%	1h	152.17	−0.061%	$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	152.20	−0.039%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.19	−0.046%	$2.5M	$7.2M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.23	−0.020%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.19	−0.046%	$102K	$299K	5x	as long as short
Bullet SPCX-USD	+0.0043%	1h	152.26	+0.001%	$11K	$191K	10x	as long as short
Vest SPCX-USD-PERPlong	+0.0046%	1h	152.26	long leg	—	$1.2M	10x
tradeXYZ xyz:SPCX	+0.0050%	1h	152.17	−0.059%	$129.8M	$129.6M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.16	−0.066%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.22	−0.026%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.22	−0.026%	$529K	$366K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.11	−0.099%	$3.2M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0065%	8h	152.21	−0.030%	$100	—	5x	as long as short
Nado SPCX-PERP	+0.0080%	1h	152.16	−0.063%	$635K	$815K	20x	as long as short
Variational Omni SPCXshort	+0.0092%	8h	152.28	+0.013%	$5.9M	$2.8M	—
Pacifica SPCX	+0.0100%	1h	152.16	−0.066%	$168K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.15	−0.072%	$12.9M	$5.7M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.34	+0.053%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.29	+0.020%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.23	−0.020%	$88	—	10x	as long as short
Binance SPCXUSDT	+0.0110%	8h	152.23	−0.020%	$253.4M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0112%	1h	152.20	−0.039%	$725K	$5.3M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0122%	8h	152.26	0.000%	$39.5M	$167.2M	75x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.26	0.000%	$381K	$506K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.26	0.000%	$447K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.13	−0.085%	$693K	$992K	10x	as long as short
edgeX SPCXUSDC	+0.0305%	4h	152.25	−0.008%	$1.7M	$891K	20x	as long as short
Aster SPCXUSD1	+0.0381%	8h	152.38	+0.079%	$18.9M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.57	+0.204%	$9K	$28K	5.5x	as long as short