SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0340%/8h= −37.2% APRnext payment −$0.43 per $10,000 · paid last 24h −0.010%

Price spread now: ApeX Omni against Injective−0.262%7-day average — · you buy dearer than you sell

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

Long on Injective Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.106%+$11 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and ApeX Omni is 0.262% cheaper against Injective than usual: you would sell low and buy high (−$26 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.106%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.106% in total (about 5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.43 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	Injective SPCX/USDC PERP	152.57	0.0440	pay 0.0055% / 1h	38m 14s	$9K	$28K	5.5x
Short	ApeX Omni SPCXUSDT	152.17	0.0100	get 0.0013% / 1h	38m 14s	$58K	$271K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Injective. 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 InjectivebpFee ApeX OmnibpOrdersPrice spread, now −0.262%Rate

Funding earned: −$71.4
Price spread: −0.262% → 0.000%: −$26.22
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$107.64
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; ApeX Omni: live order book, 59 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 Injective no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 59 min ago	10.17 bp	15.7 bp −$16	40.1 bp −$401	doesn't fit	doesn't fit

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	152.16	−0.265%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0014%	8h	152.27	−0.197%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.24	−0.216%	$30.4M	$43.0M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.21	−0.236%	$96.2M	$32.1M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.22	−0.229%	$31.0M	$66.8M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.26	−0.203%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.49	−0.052%	$8K	$857K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.30	−0.177%	$1.3M	$1.8M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0013%	1h	152.21	−0.236%	$86K	$1.4M	10x	as long as short
Aftermath Perps SPCXUSD	+0.0019%	1h	152.18	−0.257%	$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	−0.256%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.17	−0.262%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.20	−0.243%	$1.2M	$5.4M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.19	−0.249%	$102K	$299K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.24	−0.216%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.16	−0.269%	$129.8M	$129.3M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.12	−0.295%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.22	−0.229%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.20	−0.243%	$529K	$363K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.11	−0.302%	$3.2M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0063%	8h	152.22	−0.232%	$100	—	5x	as long as short
Bullet SPCX-USD	+0.0074%	1h	152.27	−0.199%	$11K	$192K	10x	as long as short
Nado SPCX-PERP	+0.0077%	1h	152.16	−0.266%	$635K	$813K	20x	as long as short
Variational Omni SPCX	+0.0087%	8h	152.24	−0.216%	$5.9M	$2.8M	—	as long as short
Pacifica SPCX	+0.0100%	1h	152.14	−0.282%	$168K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.15	−0.275%	$13.0M	$5.7M	20x	as long as short
ApeX Omni SPCXUSDTshort	+0.0100%	1h	152.17	−0.262%	$58K	$271K	50x
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.26	−0.203%	$14K	$7K	10x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.20	−0.241%	$725K	$5.3M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.21	−0.233%	$88	—	10x	as long as short
Binance SPCXUSDT	+0.0106%	8h	152.25	−0.211%	$253.2M	$1.37B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0118%	8h	152.27	−0.197%	$39.4M	$167.4M	75x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.27	−0.197%	$381K	$506K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.24	−0.216%	$447K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.13	−0.288%	$693K	$992K	10x	as long as short
Aster SPCXUSD1	+0.0382%	8h	152.37	−0.133%	$18.9M	$30.7M	20x	as long as short
Injective SPCX/USDC PERPlong	+0.0440%	1h	152.57	long leg	$9K	$28K	5.5x
edgeX SPCXUSDC	+0.0644%	4h	152.23	−0.221%	$1.7M	$889K	20x	as long as short