SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h +0.006%

Price spread now: Variational Omni against Paradex−0.069%53s7-day average — · you buy dearer than you sell

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

Long on Paradex Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · Variational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.069% cheaper against Paradex than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 9.1 days of funding at the current rate (+$1 a day). The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex SPCX-USD-PERP	152.40	0.0060	pay 0.0060% / 8h	7h 18m	$101	—	5x
Short	Variational Omni SPCX	152.29	0.0085	get 0.0085% / 8h	7h 18m	$5.9M	$2.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Paradex. 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 ParadexbpFee Variational OmnibpOrdersPrice spread, now −0.069%Rate

Funding earned: $5.25
Price spread: −0.069% → 0.000%: −$6.86
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$5.61
Costs to cover: 0.040%
Break-even: 14.5 days

Slippage unknown: Paradex: no order-book sample; Variational Omni: RFQ quote, just now. 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 Paradex no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, just now	2.33 bp	doesn't fit	2.8 bp −$28	doesn't fit	doesn't fit

Paradex: 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	152.22	−0.113%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0012%	8h	152.38	−0.011%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.34	−0.038%	$30.4M	$43.3M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.32	−0.051%	$96.2M	$32.5M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.37	−0.018%	$31.0M	$66.6M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.33	−0.044%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.29	−0.071%	$8K	$847K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.40	+0.002%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0019%	1h	152.12	−0.182%	$7K	$7K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.29	−0.071%	$1.6M	$7.4M	20x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.25	−0.097%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.31	−0.057%	$1.2M	$5.4M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.27	−0.084%	$102K	$294K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.34	−0.038%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.27	−0.084%	$129.7M	$129.7M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.26	−0.090%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.30	−0.064%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.26	−0.090%	$530K	$364K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.14	−0.169%	$3.1M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERPlong	+0.0060%	8h	152.40	long leg	$101	—	5x
Deribit SPCX_USDC-PERPETUAL	+0.0078%	1h	152.31	−0.057%	$84K	$1.4M	10x	as long as short
Variational Omni SPCXshort	+0.0085%	8h	152.29	−0.069%	$5.9M	$2.8M	—
Pacifica SPCX	+0.0100%	1h	152.28	−0.077%	$168K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.28	−0.077%	$13.0M	$5.7M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.33	−0.044%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.37	−0.018%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.33	−0.045%	$88	—	10x	as long as short
Binance SPCXUSDT	+0.0108%	8h	152.34	−0.038%	$253.9M	$1.37B	75x	as long as short
Nado SPCX-PERP	+0.0109%	1h	152.30	−0.063%	$634K	$810K	20x	as long as short
Extended SPCX-USD	+0.0112%	1h	152.30	−0.062%	$725K	$5.3M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0115%	8h	152.35	−0.031%	$39.3M	$167.8M	75x	as long as short
Bullet SPCX-USD	+0.0134%	1h	152.35	−0.031%	$11K	$192K	10x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.36	−0.025%	$381K	$507K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.27	−0.084%	$447K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.30	−0.064%	$692K	$1.0M	10x	as long as short
Aster SPCXUSD1	+0.0394%	8h	152.49	+0.061%	$19.0M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.51	+0.074%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0689%	4h	152.27	−0.081%	$1.7M	$890K	20x	as long as short