Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h −0.043%

Price spread now: Variational Omni against RISEx+0.007%7-day average −0.041% · you sell dearer than you buy

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

Long on RISEx Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.090%−$9 on $10k

Price spread, last 4 days (all we have)+0.290%+$29 · spread now +0.007%, 7d avg −0.041%

Together, before fees+0.200%+ Points / potential airdropVariational Omni: Active · farm board+$20 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.048% dearer against RISEx than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.041%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	RISEx SPCX/USDC	152.76	0.0068	pay 0.0008% / 1h	55m 25s	$382K	$507K	20x
Short	Variational Omni SPCX	152.78	0.0076	get 0.0076% / 8h	6h 55m	$5.9M	$2.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against RISEx. 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 RISExbpFee Variational OmnibpOrdersPrice spread, now +0.007%Rate

Funding earned: $1.75
Price spread: +0.007% → −0.041%: $4.8
Slippage, 4 orders: no order book: not counted
Fee RISEx: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $0.54
Costs to cover: 0.060%
Break-even: 4.8 days

Slippage unknown: RISEx: live order book, 38 min ago; Variational Omni: RFQ quote, 4 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 RISEx live order book, 38 min ago	1.64 bp	4.6 bp −$5	5.5 bp −$55	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	2.32 bp	doesn't fit	2.9 bp −$29	doesn't fit	doesn't fit

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	152.63	−0.085%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0025%	8h	152.80	+0.023%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.72	−0.029%	$30.4M	$43.4M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.69	−0.049%	$96.1M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.72	−0.029%	$31.0M	$66.8M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.66	−0.069%	$305K	$2.6M	20x	as long as short
Bullet SPCX-USD	0.0000%	1h	152.73	−0.023%	$10K	$191K	10x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.12	+0.232%	$8K	$840K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.84	+0.049%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0012%	1h	152.71	−0.036%	$82K	$1.4M	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0014%	1h	152.73	−0.021%	$7K	$7K	10x	as long as short
QFEX SPCX-USD	+0.0031%	1h	152.68	−0.056%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.70	−0.043%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.69	−0.049%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.62	−0.095%	$103K	$295K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.77	+0.003%	—	$1.3M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.65	−0.075%	$129.6M	$130.4M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.73	−0.023%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.68	−0.056%	$1.7M	$100K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.77	+0.003%	$531K	$363K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.67	−0.062%	$3.1M	$2.2M	10x	as long as short
Nado SPCX-PERP	+0.0054%	1h	152.75	−0.013%	$634K	$807K	20x	as long as short
Paradex SPCX-USD-PERP	+0.0056%	8h	152.72	−0.029%	$101	—	5x	as long as short
RISEx SPCX/USDClong	+0.0068%	1h	152.76	long leg	$382K	$507K	20x
Variational Omni SPCXshort	+0.0076%	8h	152.78	+0.007%	$5.9M	$2.8M	—
Binance SPCXUSDT	+0.0093%	8h	152.71	−0.036%	$252.1M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0096%	1h	152.68	−0.059%	$723K	$5.4M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0100%	8h	152.73	−0.023%	$39.4M	$168.8M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.74	−0.016%	$169K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.65	−0.075%	$13.0M	$5.9M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.70	−0.043%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.74	−0.016%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.72	−0.030%	$89	—	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0184%	1h	152.67	−0.062%	$687K	$1.0M	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.73	−0.023%	$449K	$271K	15x	as long as short
Aster SPCXUSD1	+0.0397%	8h	152.90	+0.089%	$19.0M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.78	+0.010%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0672%	4h	152.77	+0.002%	$1.7M	$889K	20x	as long as short