SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0074%/8h= −8.1% APRnext payment −$0.74 per $10,000 · paid last 24h −0.004%

Price spread now: Phemex against Variational Omni+0.001%7-day average −0.060% · you sell dearer than you buy

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

Long on Variational Omni Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.041%−$4 on $10k

Price spread, last 4 days (all we have)−0.191%−$19 · spread now +0.001%, 7d avg −0.060%

Together, before fees−0.232%+ Points / potential airdropVariational Omni: Active · farm board−$23 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.062% dearer against Variational Omni than usual: you sell high and buy low (spread +0.001% now, against its 7-day average of −0.060%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SPCX	152.56	0.0124	pay 0.0124% / 8h	2h 47m	$6.0M	$2.9M	—
Short	Phemex SPCXUSDT	152.56	0.0050	get 0.0050% / 8h	2h 47m	$531K	$388K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.001%Rate

Funding earned: −$15.55
Price spread: +0.001% → −0.060%: $6.15
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$21.4
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Phemex: live order book, 65 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, 2 min ago	2.33 bp	doesn't fit	3.2 bp −$32	doesn't fit	doesn't fit
Sell Phemex live order book, 65 min ago	1.63 bp	13.0 bp −$13	doesn't fit	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 −0.0224% / S +0.0463%	1h	152.44	−0.074%	$90K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.56	+0.001%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.54	−0.012%	$96.3M	$31.6M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.59	+0.021%	$31.3M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.090%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.59	+0.021%	$300K	$2.8M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.78	+0.145%	$8K	$916K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.63	+0.047%	$1.3M	$1.8M	75x	as long as short
BloFin SPCX-USDT	+0.0011%	8h	152.56	+0.001%	$1.9M	$1.2M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0012%	1h	152.54	−0.012%	$87K	$1.2M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0024%	1h	152.44	−0.077%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.51	−0.032%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.47	−0.058%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.48	−0.051%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.53	−0.019%	$1.2M	$5.6M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.57	+0.008%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.45	−0.071%	$130.9M	$128.6M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.52	−0.025%	$490K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.53	−0.019%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDTshort	+0.0050%	8h	152.56	+0.001%	$531K	$388K	50x
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.38	−0.117%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0062%	8h	152.57	+0.007%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.47	−0.058%	$169K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.43	−0.084%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.60	+0.027%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.55	−0.005%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.56	−0.001%	$88	—	10x	as long as short
Nado SPCX-PERP	+0.0123%	1h	152.49	−0.044%	$614K	$804K	20x	as long as short
Variational Omni SPCXlong	+0.0124%	8h	152.56	long leg	$6.0M	$2.9M	—
Extended SPCX-USD	+0.0128%	1h	152.52	−0.026%	$731K	$4.6M	10x	as long as short
Binance SPCXUSDT	+0.0129%	8h	152.57	+0.006%	$250.7M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0139%	8h	152.58	+0.014%	$39.4M	$166.5M	75x	as long as short
Bullet SPCX-USD	+0.0199%	1h	152.57	+0.008%	$12K	$193K	10x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.60	+0.031%	$408K	$522K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.44	−0.078%	$739K	$931K	10x	as long as short
Phoenix SPCX	+0.0263%	1h	152.52	−0.025%	$443K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0392%	8h	152.59	+0.023%	$18.9M	$24.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.67	+0.073%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0988%	4h	152.54	−0.011%	$1.7M	$893K	20x	as long as short