Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0075%/8h= −8.3% APRpaid last 24h +0.030%

Price spread now: Pacifica against Variational Omni−0.056%7-day average −0.058% · you buy dearer than you sell

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

Long on Variational Omni Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.097%+$10 on $10k

Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.056%, 7d avg −0.058%

Together, before fees+0.078%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board+$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.058%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.097%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SPCX	152.60	0.0175	pay 0.0175% / 8h	1h 16m	$6.0M	$3.9M	—
Short	Pacifica SPCX	152.51	0.0100	get 0.0013% / 1h	16m 05s	$175K	$133K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Variational Omni. 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 Variational OmnibpFee PacificabpOrdersPrice spread, now −0.056%Rate

Funding earned: −$15.84
Price spread: −0.056% → −0.058%: $0.18
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$23.65
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Pacifica: live order book, 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 Variational Omni RFQ quote, 3 min ago	2.36 bp	doesn't fit	3.7 bp −$37	doesn't fit	doesn't fit
Sell Pacifica live order book, 2 min ago	0.33 bp	6.8 bp −$7	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 −0.0272% / S +0.0488%	1h	152.59	−0.007%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.59	−0.004%	$96.5M	$30.9M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.51	+13.052%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.64	+0.029%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.80	+0.134%	$8K	$977K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.60	+0.003%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.59	−0.003%	$7K	$10K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.53	−0.043%	$1.7M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.54	−0.037%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.050%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SPCX-USD-PERP	+0.0046%	1h	152.55	−0.030%	—	$1.1M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.58	−0.010%	$488K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.59	−0.004%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.60	+0.003%	$538K	$404K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.47	−0.083%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0066%	1h	152.60	+0.003%	$1.2M	$7.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0067%	8h	152.59	−0.007%	$101	—	5x	as long as short
BloFin SPCX-USDT	+0.0075%	8h	152.61	+0.009%	$1.9M	$1.4M	75x	as long as short
Pacifica SPCXshort	+0.0100%	1h	152.51	−0.056%	$175K	$133K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	152.53	−0.043%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.53	−0.043%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.62	+0.016%	$15K	$7K	10x	as long as short
Bullet SPCX-USD	+0.0102%	1h	152.60	+0.005%	$11K	$188K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.61	+0.011%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0138%	8h	152.63	+0.022%	$30.8M	$42.4M	100x	as long as short
tradeXYZ xyz:SPCX	+0.0154%	1h	152.57	−0.017%	$130.3M	$107.7M	20x	as long as short
Variational Omni SPCXlong	+0.0175%	8h	152.60	long leg	$6.0M	$3.9M	—
OKX SPCX-USDT-SWAP	+0.0183%	8h	152.62	+0.016%	$38.9M	$168.5M	75x	as long as short
Extended SPCX-USD	+0.0192%	1h	152.58	−0.012%	$739K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0195%	8h	152.61	+0.008%	$255.4M	$1.38B	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0209%	1h	152.55	−0.030%	$70K	$1.1M	10x	as long as short
Arcus SPCX-USD	+0.0227%	1h	152.53	−0.043%	$106K	$296K	5x	as long as short
Nado SPCX-PERP	+0.0240%	1h	152.48	−0.073%	$624K	$872K	20x	as long as short
Aster SPCXUSD1	+0.0247%	8h	152.68	+0.052%	$19.0M	$21.8M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	152.61	+0.009%	$741K	$946K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.60	+0.003%	$445K	$196K	15x	as long as short
Bitget SPCXUSDT	+0.0315%	8h	152.62	+0.016%	$31.0M	$66.5M	75x	as long as short
edgeX SPCXUSDC	+0.0386%	4h	152.60	0.000%	$1.7M	$893K	20x	as long as short
RISEx SPCX/USDC	+0.0543%	1h	152.65	+0.034%	$402K	$548K	20x	as long as short