SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.017%

Price spread now: Phoenix against Injective−0.072%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 Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

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

Together, before fees—needs both histories

Funding pays, the price is against you. Phoenix is 0.072% cheaper against Injective than usual: you would sell low and buy high (spread −0.072% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 33 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective SPCX/USDC PERP	152.51	0.0033	pay 0.0004% / 1h	10m 29s	$9K	$28K	5.5x
Short	Phoenix SPCX	152.40	0.0210	get 0.0026% / 1h	10m 29s	$447K	$272K	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix 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 PhoenixbpOrdersPrice spread, now −0.072%Rate

Funding earned: $37
Price spread: −0.072% → 0.000%: −$7.21
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $22.76
Costs to cover: 0.070%
Break-even: 2.7 days

Slippage unknown: Injective: no order-book sample; Phoenix: live order book, 30 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 Phoenix live order book, 30 min ago	0.33 bp	6.9 bp −$7	21.1 bp −$211	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 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	−0.193%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0073%	8h	152.31	−0.131%	$2.0M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.39	−0.079%	$30.0M	$42.1M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.32	−0.125%	$96.2M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.34	−0.111%	$31.1M	$65.5M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.32	−0.125%	$305K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.53	+0.013%	$8K	$786K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.33	−0.118%	$1.3M	$1.7M	75x	as long as short
Variational Omni SPCX	+0.0005%	8h	152.33	−0.116%	$5.9M	$2.9M	—	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.29	−0.143%	$7K	$7K	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USD	+0.0029%	1h	152.32	−0.125%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.27	−0.157%	$1.5M	$7.2M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.26	−0.164%	$2.5M	$7.1M	20x	as long as short
Injective SPCX/USDC PERPlong	+0.0033%	1h	152.51	long leg	$9K	$28K	5.5x
Arcus SPCX-USD	+0.0040%	1h	152.30	−0.138%	$102K	$293K	5x	as long as short
Binance SPCXUSDT	+0.0043%	8h	152.38	−0.086%	$252.6M	$1.36B	75x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.29	−0.144%	—	$1.3M	10x	as long as short
Extended SPCX-USD	+0.0048%	1h	152.31	−0.132%	$700K	$5.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.22	−0.190%	$127.9M	$126.0M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.31	−0.131%	$1.7M	$89K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.34	−0.111%	$531K	$382K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.16	−0.229%	$3.1M	$2.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0052%	8h	152.34	−0.109%	$101	—	5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0078%	1h	152.30	−0.138%	$41K	$1.3M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0088%	8h	152.33	−0.118%	$39.7M	$166.7M	75x	as long as short
Polymarket Perps SPCX-USD	+0.0093%	1h	152.28	−0.151%	$482K	$1.0M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.24	−0.177%	$166K	$116K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.26	−0.164%	$13.0M	$6.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.50	−0.007%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.33	−0.118%	$14K	$7K	10x	as long as short
RISEx SPCX/USDC	+0.0104%	1h	152.39	−0.076%	$350K	$480K	20x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.30	−0.137%	$88	—	10x	as long as short
Nado SPCX-PERP	+0.0175%	1h	152.20	−0.203%	$629K	$804K	20x	as long as short
edgeX SPCXUSDC	+0.0190%	4h	152.30	−0.135%	$1.7M	$889K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.22	−0.190%	$736K	$1.1M	10x	as long as short
Phoenix SPCXshort	+0.0210%	1h	152.40	−0.072%	$447K	$272K	15x
Bullet SPCX-USD	+0.0214%	1h	152.33	−0.119%	$11K	$189K	10x	as long as short
Aster SPCXUSD1	+0.0332%	8h	152.34	−0.115%	$19.0M	$30.8M	20x	as long as short