Funding you earn now, next payment 09:00 UTC−0.0250%/8h= −27.3% APRnext payment −$0.31 per $10,000 · paid last 24h +0.032%
Price spread now: RISEx against Injective−0.315%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 against this trade now: funding costs −$7 a day on $10k at the current rate, and RISEx is 0.315% cheaper against Injective than usual: you would sell low and buy high (−$31 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SPCX/USDC PERP | 152.51 | 0.0440 | pay 0.0055% / 1h | 28m 07s | $9K | $28K | 5.5x |
| Short | RISEx SPCX/USDC | 152.03 | 0.0190 | get 0.0024% / 1h | 28m 07s | $380K | $506K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx against Injective. 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
- −$52.45
- Price spread: −0.315% → 0.000%
- −$31.47
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$89.95
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; RISEx: live order book, 5 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 RISEx live order book, 5 min ago | 1.64 bp | 4.6 bp −$5 | 5.5 bp −$55 | 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 | 151.91 | −0.397% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0020% | 8h | 152.05 | −0.302% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 151.99 | −0.341% | $30.4M | $43.2M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 151.96 | −0.361% | $96.1M | $32.3M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.02 | −0.321% | $30.9M | $66.8M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.07 | −0.289% | $299K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.56 | +0.033% | $8K | $850K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.13 | −0.249% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0021% | 1h | 151.98 | −0.349% | $7K | $7K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 151.93 | −0.380% | $1.6M | $7.4M | 20x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SPCX | +0.0032% | 1h | 151.91 | −0.393% | $2.5M | $7.3M | 20x | as long as short |
| QFEX SPCX-USD | +0.0035% | 1h | 151.98 | −0.348% | $1.2M | $5.4M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 151.93 | −0.380% | $102K | $299K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.00 | −0.334% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 151.89 | −0.407% | $129.3M | $129.6M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 151.86 | −0.426% | $487K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 151.96 | −0.361% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 151.94 | −0.374% | $529K | $363K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 151.89 | −0.407% | $3.1M | $2.2M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0061% | 8h | 152.02 | −0.318% | $100 | — | 5x | as long as short |
| Variational Omni SPCX | +0.0081% | 8h | 152.06 | −0.295% | $5.9M | $2.8M | — | as long as short |
| Extended SPCX-USD | +0.0096% | 1h | 151.96 | −0.362% | $725K | $5.3M | 10x | as long as short |
| Binance SPCXUSDT | +0.0099% | 8h | 152.00 | −0.334% | $253.2M | $1.37B | 75x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 151.91 | −0.393% | $168K | $117K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 151.92 | −0.387% | $12.9M | $5.7M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 151.97 | −0.354% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.06 | −0.295% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.00 | −0.336% | $88 | — | 10x | as long as short |
| Nado SPCX-PERP | +0.0109% | 1h | 151.91 | −0.394% | $634K | $812K | 20x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0114% | 8h | 151.98 | −0.348% | $39.1M | $167.6M | 75x | as long as short |
| Bullet SPCX-USD | +0.0128% | 1h | 152.01 | −0.328% | $10K | $192K | 10x | as long as short |
| edgeX SPCXUSDC | +0.0156% | 4h | 152.05 | −0.302% | $1.7M | $891K | 20x | as long as short |
| RISEx SPCX/USDCshort | +0.0190% | 1h | 152.03 | −0.315% | $380K | $506K | 20x | |
| Phoenix SPCX | +0.0210% | 1h | 152.17 | −0.223% | $447K | $268K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0280% | 1h | 152.01 | −0.328% | $694K | $997K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0381% | 8h | 152.12 | −0.256% | $18.9M | $30.7M | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0408% | 1h | 151.98 | −0.348% | $85K | $1.4M | 10x | as long as short |
| Injective SPCX/USDC PERPlong | +0.0440% | 1h | 152.51 | long leg | $9K | $28K | 5.5x |
Injective SPCX/USDC PERP
RISEx SPCX/USDC
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Variational Omni SPCX
Extended SPCX-USD
Binance SPCXUSDT
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
OKX SPCX-USDT-SWAP
Bullet SPCX-USD
edgeX SPCXUSDC
Phoenix SPCX
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
Deribit SPCX_USDC-PERPETUAL