SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0397%/8h= +43.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.001%

Price spread now: Injective against Bullet+0.203%7-day average — · you sell dearer than you buy

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

Long on Bullet Short on Injective

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—needs both histories

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Injective is 0.203% dearer against Bullet than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SPCX-USD	152.26	0.0043	pay 0.0005% / 1h	46m 24s	$11K	$191K	10x
Short	Injective SPCX/USDC PERP	152.57	0.0440	get 0.0055% / 1h	46m 24s	$9K	$28K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Bullet. 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 BulletbpFee InjectivebpOrdersPrice spread, now +0.203%Rate

Funding earned: $83.46
Price spread: +0.203% → 0.000%: $20.29
Slippage, 4 orders: no order book: not counted
Fee Bullet: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $95.73
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Bullet: live order book, 53 min ago; Injective: no order-book sample. 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 Bullet live order book, 53 min ago	0.33 bp	5.5 bp −$6	20.1 bp −$201	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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	152.19	−0.050%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0010%	8h	152.27	+0.006%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.26	−0.001%	$30.4M	$43.0M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.24	−0.014%	$96.1M	$32.0M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.28	+0.012%	$31.0M	$66.8M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.32	+0.039%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.50	+0.157%	$8K	$862K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.34	+0.052%	$1.3M	$1.8M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0013%	1h	152.22	−0.027%	$87K	$1.4M	10x	as long as short
Aftermath Perps SPCXUSD	+0.0020%	1h	152.17	−0.061%	$7K	$7K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCX	+0.0032%	1h	152.18	−0.053%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.15	−0.073%	$2.5M	$7.2M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.20	−0.040%	$1.2M	$5.4M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.16	−0.066%	$102K	$299K	5x	as long as short
Bullet SPCX-USDlong	+0.0043%	1h	152.26	long leg	$11K	$191K	10x
Vest SPCX-USD-PERP	+0.0046%	1h	152.25	−0.007%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.17	−0.060%	$129.8M	$129.6M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.15	−0.073%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.22	−0.027%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.22	−0.027%	$529K	$366K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.10	−0.106%	$3.2M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0065%	8h	152.21	−0.036%	$100	—	5x	as long as short
Nado SPCX-PERP	+0.0081%	1h	152.17	−0.060%	$635K	$815K	20x	as long as short
Variational Omni SPCX	+0.0092%	8h	152.28	+0.012%	$5.9M	$2.8M	—	as long as short
Pacifica SPCX	+0.0100%	1h	152.12	−0.093%	$168K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.15	−0.073%	$12.9M	$5.7M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.34	+0.052%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.30	+0.026%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.22	−0.026%	$88	—	10x	as long as short
Binance SPCXUSDT	+0.0110%	8h	152.25	−0.005%	$253.4M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0112%	1h	152.20	−0.037%	$725K	$5.3M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0121%	8h	152.29	+0.019%	$39.4M	$167.3M	75x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.28	+0.016%	$381K	$506K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.26	−0.001%	$447K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.13	−0.086%	$693K	$992K	10x	as long as short
edgeX SPCXUSDC	+0.0305%	4h	152.25	−0.009%	$1.7M	$891K	20x	as long as short
Aster SPCXUSD1	+0.0382%	8h	152.39	+0.085%	$18.9M	$30.7M	20x	as long as short
Injective SPCX/USDC PERPshort	+0.0440%	1h	152.57	+0.203%	$9K	$28K	5.5x