Settings8H · net · $10k
Funding arb · Price arb /

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0106%/8h= +11.6% APRnext payment +$1.06 per $10,000 · paid last 24h +0.003%
Price spread now: Variational Omni against Bybit+0.037%7-day average +0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.003%$0 on $10k
Price spread, last 7 days−0.027%−$3 · spread now +0.037%, 7d avg +0.005%
Together, before fees−0.024%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.032% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.005%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SPCXUSDT153.060.0122pay 0.0122% / 8h7h 02m$30.9M$42.8M100x
ShortVariational Omni SPCX153.120.0228get 0.0228% / 8h7h 02m$6.0M$3.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. 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

Funding earned
$22.29
Price spread: +0.037% → +0.005%
$3.19
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$14.47
Costs to cover
0.110%
Break-even
2.5 days
Slippage unknown: Bybit: live order book, 1 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago0.33 bp7.4 bp −$713.5 bp −$13563.0 bp −$6,299doesn't fit
Sell Variational Omni RFQ quote, 2 min ago2.32 bpdoesn't fit3.7 bp −$37doesn't fitdoesn't fit

SPCX on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SPCX/USD [ETH-USDC]L −0.0330% / S +0.0529%1h153.06+0.003%$88K20xas long as short
Gate SPCX_USDT0.0000%8h153.04−0.013%$96.3M$31.4M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+12.717%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.95−0.072%$302K$3.1M20xas long as short
SunX SPCX-USDT0.0000%8h153.34+0.183%$8K$951K10xas long as short
HTX SPCX-USDT0.0000%8h153.07+0.007%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0025%1h153.01−0.031%$8K$8K10xas long as short
Lighter SPCX+0.0032%1h153.00−0.039%$1.6M$7.4M20xas long as short
Lighter RH SPCX+0.0032%1h152.98−0.052%$2.5M$7.5M20xas long as short
Injective SPCX/USDC PERP+0.0033%1h157.25+2.737%$9K$27K5.5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SPCX-USD-PERP+0.0046%1h153.060.000%$1.2M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h153.02−0.026%$489K$1.1M10xas long as short
SoDEX SPCX-USD+0.0050%1h153.07+0.007%$1.7M$87K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.08+0.013%$534K$405K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.97−0.059%$3.2M$2.6M10xas long as short
QFEX SPCX-USD+0.0063%1h153.03−0.020%$1.2M$7.1M10xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0077%1h153.00−0.039%$72K$1.1M10xas long as short
Paradex SPCX-USD-PERP+0.0088%8h153.06+0.001%$1015xas long as short
Pacifica SPCX+0.0100%1h152.96−0.065%$173K$129K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.98−0.052%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h153.17+0.072%$59K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.060.000%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h153.060.000%$8910xas long as short
BloFin SPCX-USDT+0.0121%8h153.060.000%$1.9M$1.4M75xas long as short
Bybit SPCXUSDTlong+0.0122%8h153.06long leg$30.9M$42.8M100x
Arcus SPCX-USD+0.0194%1h153.03−0.020%$105K$297K5xas long as short
tradeXYZ xyz:SPCX+0.0202%1h153.02−0.026%$142.9M$119.4M20xas long as short
Bullet SPCX-USD+0.0205%1h153.07+0.007%$11K$189K10xas long as short
OKX SPCX-USDT-SWAP+0.0214%8h153.11+0.033%$39.3M$168.8M75xas long as short
Variational Omni SPCXshort+0.0228%8h153.12+0.037%$6.0M$3.5M
Nado SPCX-PERP+0.0233%1h152.96−0.062%$620K$849K20xas long as short
Extended SPCX-USD+0.0240%1h153.04−0.013%$734K$3.9M10xas long as short
Binance SPCXUSDT+0.0241%8h153.07+0.006%$252.7M$1.38B75xas long as short
Bitget SPCXUSDT+0.0284%8h153.11+0.033%$31.7M$66.6M75xas long as short
Phoenix SPCX+0.0314%1h153.12+0.039%$445K$271K15xas long as short
Coinbase International SPCX-PERP-INTX+0.0328%1h153.14+0.052%$728K$986K10xas long as short
Aster SPCXUSD1+0.0389%8h153.11+0.036%$19.0M$18.3M20xas long as short
RISEx SPCX/USDC+0.0409%1h153.09+0.016%$401K$535K20xas long as short
edgeX SPCXUSDC+0.0456%4h153.12+0.040%$1.7M$893K20xas long as short