SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0021%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h −0.007%

Price spread now: Injective against Deribit+0.184%63s7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Injective

What this pair did over the last

the charts below follow

Funding, last 5 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 +$1 a day on $10k at the current rate, and Injective is 0.184% dearer against Deribit than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 63 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	Deribit SPCX_USDC-PERPETUAL	152.23	0.0013	pay 0.0002% / 1h	10m 07s	$41K	$1.3M	10x
Short	Injective SPCX/USDC PERP	152.51	0.0033	get 0.0004% / 1h	10m 07s	$9K	$28K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Deribit. 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 DeribitbpFee InjectivebpOrdersPrice spread, now +0.184%Rate

Funding earned: $4.31
Price spread: +0.184% → 0.000%: $18.39
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $15.68
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Deribit: live order book, 2 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 Deribit live order book, 2 min ago	0.33 bp	13.5 bp −$13	15.1 bp −$151	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 exchanges

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	−0.010%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0073%	8h	152.31	+0.053%	$2.0M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.35	+0.079%	$30.0M	$42.1M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.30	+0.046%	$96.1M	$31.4M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.34	+0.072%	$31.2M	$65.5M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.32	+0.059%	$305K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.63	+0.263%	$8K	$786K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.38	+0.099%	$1.3M	$1.7M	75x	as long as short
Variational Omni SPCX	+0.0005%	8h	152.33	+0.068%	$5.9M	$2.9M	—	as long as short
Deribit SPCX_USDC-PERPETUALlong	+0.0013%	1h	152.23	long leg	$41K	$1.3M	10x

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0025%	1h	152.29	+0.041%	$7K	$7K	10x	as long as short
QFEX SPCX-USD	+0.0029%	1h	152.32	+0.059%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.26	+0.020%	$1.5M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.24	+0.007%	$2.5M	$7.1M	20x	as long as short
Injective SPCX/USDC PERPshort	+0.0033%	1h	152.51	+0.184%	$9K	$28K	5.5x
Extended SPCX-USD	+0.0040%	1h	152.24	+0.004%	$700K	$5.2M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.30	+0.046%	$102K	$293K	5x	as long as short
Binance SPCXUSDT	+0.0043%	8h	152.29	+0.041%	$252.5M	$1.36B	75x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.29	+0.039%	—	$1.3M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.23	0.000%	$127.9M	$126.0M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.29	+0.039%	$1.7M	$90K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.29	+0.039%	$531K	$382K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.16	−0.046%	$3.1M	$2.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0052%	8h	152.34	+0.075%	$101	—	5x	as long as short
OKX SPCX-USDT-SWAP	+0.0088%	8h	152.37	+0.092%	$39.7M	$166.7M	75x	as long as short
Polymarket Perps SPCX-USD	+0.0093%	1h	152.28	+0.033%	$482K	$1.0M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.24	+0.007%	$166K	$116K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.22	−0.007%	$13.0M	$6.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.50	+0.177%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.28	+0.033%	$14K	$7K	10x	as long as short
RISEx SPCX/USDC	+0.0104%	1h	152.39	+0.107%	$350K	$480K	20x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.24	+0.006%	$88	—	10x	as long as short
Nado SPCX-PERP	+0.0175%	1h	152.20	−0.019%	$629K	$804K	20x	as long as short
edgeX SPCXUSDC	+0.0190%	4h	152.30	+0.048%	$1.7M	$889K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.22	−0.007%	$736K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.40	+0.112%	$447K	$272K	15x	as long as short
Bullet SPCX-USD	+0.0214%	1h	152.33	+0.064%	$11K	$189K	10x	as long as short
Aster SPCXUSD1	+0.0332%	8h	152.33	+0.064%	$19.0M	$30.8M	20x	as long as short