Funding you earn now, next payment 05:00 UTC+0.0288%/8h= +31.5% APRnext payment +$0.36 per $10,000 · paid last 24h −0.004%
Price spread now: Injective against Extended+0.276%60s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Injective is 0.276% dearer against Extended than usual: you sell high and buy low: +$28 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.020% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SPCX-USD | 152.90 | 0.0152 | pay 0.0019% / 1h | 54m 14s | $734K | $3.8M | 10x |
| Short | Injective SPCX/USDC PERP | 153.32 | 0.0440 | get 0.0055% / 1h | 54m 14s | $9K | $28K | 5.5x |
Extended SPCX-USD
Injective SPCX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $60.48
- Price spread: +0.276% → 0.000%
- $27.6
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $83.06
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 5 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 Extended live order book, 5 min ago | 0.33 bp | 2.8 bp −$3 | 5.5 bp −$55 | 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 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 −0.0214% / S +0.0456% | 1h | 152.91 | +0.005% | $90K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.92 | +0.014% | $96.2M | $31.1M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.97 | +0.047% | $31.8M | $65.3M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.840% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.97 | +0.047% | $301K | $2.9M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.16 | +0.171% | $7K | $935K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.95 | +0.034% | $1.3M | $1.7M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0001% | 8h | 152.96 | +0.041% | $30.7M | $42.6M | 100x | as long as short |
| Aftermath Perps SPCXUSD | +0.0029% | 1h | 152.93 | +0.022% | $7K | $8K | 10x | as long as short |
| BloFin SPCX-USDT | +0.0031% | 8h | 152.97 | +0.047% | $1.9M | $1.3M | 75x | as long as short |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Bybit SPCXUSDT
Aftermath Perps SPCXUSD
BloFin SPCX-USDTShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SPCX | +0.0032% | 1h | 152.87 | −0.018% | $2.5M | $7.2M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.90 | +0.001% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.90 | +0.001% | — | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.91 | +0.008% | $1.7M | $95K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.92 | +0.014% | $532K | $390K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.80 | −0.064% | $3.2M | $2.4M | 10x | as long as short |
| QFEX SPCX-USD | +0.0050% | 1h | 152.93 | +0.021% | $1.2M | $5.9M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0069% | 1h | 152.90 | +0.001% | $499K | $1.2M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0090% | 8h | 152.95 | +0.034% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.85 | −0.031% | $169K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.88 | −0.012% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.00 | +0.067% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.96 | +0.041% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.93 | +0.023% | $89 | — | 10x | as long as short |
| Variational Omni SPCX | +0.0136% | 8h | 152.96 | +0.039% | $6.0M | $2.9M | — | as long as short |
| Lighter SPCX | +0.0144% | 1h | 152.89 | −0.005% | $1.6M | $7.3M | 20x | as long as short |
| Binance SPCXUSDT | +0.0151% | 8h | 152.94 | +0.028% | $248.1M | $1.36B | 75x | as long as short |
| Extended SPCX-USDlong | +0.0152% | 1h | 152.90 | long leg | $734K | $3.8M | 10x | |
| OKX SPCX-USDT-SWAP | +0.0154% | 8h | 152.94 | +0.028% | $39.6M | $166.6M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0217% | 1h | 152.97 | +0.050% | $409K | $517K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0248% | 1h | 152.90 | +0.001% | $741K | $939K | 10x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 152.95 | +0.034% | $445K | $264K | 15x | as long as short |
| Nado SPCX-PERP | +0.0269% | 1h | 152.82 | −0.049% | $616K | $813K | 20x | as long as short |
| Bullet SPCX-USD | +0.0297% | 1h | 152.94 | +0.028% | $12K | $192K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0300% | 1h | 152.90 | +0.001% | $141.3M | $119.1M | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0339% | 1h | 152.90 | +0.001% | $84K | $1.2M | 10x | as long as short |
| Aster SPCXUSD1 | +0.0421% | 8h | 153.07 | +0.109% | $19.0M | $21.6M | 20x | as long as short |
| Injective SPCX/USDC PERPshort | +0.0440% | 1h | 153.32 | +0.276% | $9K | $28K | 5.5x | |
| edgeX SPCXUSDC | +0.0699% | 4h | 152.97 | +0.047% | $1.7M | $891K | 20x | as long as short |
Lighter RH SPCX
Arcus SPCX-USD
Vest SPCX-USD-PERP
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
QFEX SPCX-USD
Polymarket Perps SPCX-USD
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Variational Omni SPCX
Lighter SPCX
Binance SPCXUSDT
OKX SPCX-USDT-SWAP
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Nado SPCX-PERP
Bullet SPCX-USD
tradeXYZ xyz:SPCX
Deribit SPCX_USDC-PERPETUAL
Aster SPCXUSD1
edgeX SPCXUSDC