Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.041%

Price spread now: RISEx against Variational Omni+0.041%7-day average +0.042% · you sell dearer than you buy

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

Long on Variational Omni Short on RISEx

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.085%+$9 on $10k

Price spread, last 4 days (all we have)+0.261%+$26 · spread now +0.041%, 7d avg +0.042%

Together, before fees+0.347%+ Points / potential airdropVariational Omni: Active · farm board+$35 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni SPCX	153.06	0.0143	pay 0.0143% / 8h	4h 35m	$6.0M	$3.0M	—
Short	RISEx SPCX/USDC	153.12	0.0191	get 0.0024% / 1h	35m 16s	$410K	$530K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

RISEx 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 RISExbpOrdersPrice spread, now +0.041%Rate

Funding earned: $10.08
Price spread: +0.041% → +0.042%: −$0.11
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee RISEx: 3 bp × 2 orders: −$6
Net: $3.98
Costs to cover: 0.060%
Break-even: 4.2 days

Slippage unknown: Variational Omni: RFQ quote, 4 min ago; RISEx: live order book, 23 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, 4 min ago	2.35 bp	doesn't fit	3.1 bp −$31	doesn't fit	doesn't fit
Sell RISEx live order book, 23 min ago	0.98 bp	4.0 bp −$4	4.6 bp −$46	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 −0.0253% / S +0.0486%	1h	153.04	−0.009%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.07	+0.008%	$30.8M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.06	+0.001%	$96.3M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.11	+0.034%	$31.7M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.717%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	153.00	−0.038%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.30	+0.158%	$8K	$936K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.12	+0.040%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0022%	1h	153.04	−0.014%	$8K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	153.04	−0.012%	$1.6M	$7.3M	20x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCX	+0.0032%	1h	152.99	−0.045%	$2.5M	$7.2M	20x	as long as short
BloFin SPCX-USDT	+0.0038%	8h	153.10	+0.027%	$1.9M	$1.4M	75x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.01	−0.032%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.09	+0.021%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.03	−0.018%	$1.2M	$6.1M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.03	−0.018%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.07	+0.008%	$1.7M	$96K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.08	+0.014%	$533K	$395K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.95	−0.071%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0063%	8h	153.06	+0.004%	$101	—	5x	as long as short
tradeXYZ xyz:SPCX	+0.0075%	1h	153.02	−0.025%	$141.4M	$119.0M	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0077%	1h	153.03	−0.018%	$73K	$1.2M	10x	as long as short
Bullet SPCX-USD	+0.0082%	1h	153.08	+0.016%	$11K	$191K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.97	−0.058%	$169K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.99	−0.045%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.01	−0.032%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.10	+0.027%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.07	+0.006%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0127%	1h	153.00	−0.039%	$617K	$823K	20x	as long as short
Variational Omni SPCXlong	+0.0143%	8h	153.06	long leg	$6.0M	$3.0M	—
OKX SPCX-USDT-SWAP	+0.0151%	8h	153.09	+0.021%	$39.5M	$166.9M	75x	as long as short
Binance SPCXUSDT	+0.0156%	8h	153.08	+0.014%	$252.2M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0160%	1h	153.04	−0.011%	$738K	$3.8M	10x	as long as short
RISEx SPCX/USDCshort	+0.0191%	1h	153.12	+0.041%	$410K	$530K	20x
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.04	−0.012%	$738K	$925K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.08	+0.014%	$445K	$268K	15x	as long as short
Aster SPCXUSD1	+0.0408%	8h	153.16	+0.066%	$18.9M	$20.1M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.35	+0.191%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0807%	4h	153.06	−0.002%	$1.7M	$892K	20x	as long as short