Funding you earn now, next payment 04:00 UTC−0.0440%/8h= −48.2% APRnext payment −$0.55 per $10,000 · paid last 24h −0.015%
Price spread now: StandX against Injective−0.332%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and StandX is 0.332% cheaper against Injective than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.55 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 | 153.50 | 0.0440 | pay 0.0055% / 1h | 23m 08s | $9K | $28K | 5.5x |
| Short | StandX SPCX-USD | 152.99 | 0 | get 0.0000% / 1h | 23m 08s | $302K | $2.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
StandX 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
- −$92.4
- Price spread: −0.332% → 0.000%
- −$33.22
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee StandX: 4 bp × 2 orders
- −$8
- Net
- −$133.64
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; StandX: live order book, 1 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 StandX live order book, 1 min ago | 4.24 bp | 9.8 bp −$10 | 14.2 bp −$142 | 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 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 −0.0253% / S +0.0486% | 1h | 153.06 | −0.283% | $91K | — | 20x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 153.11 | −0.254% | $30.8M | $42.9M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.09 | −0.267% | $96.3M | $31.3M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 153.15 | −0.228% | $31.7M | $65.3M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.393% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USDshort | 0.0000% | 1h | 152.99 | −0.332% | $302K | $2.9M | 20x | |
| SunX SPCX-USDT | 0.0000% | 8h | 153.35 | −0.098% | $8K | $938K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 153.04 | −0.300% | $77K | $1.2M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.14 | −0.235% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0023% | 1h | 153.03 | −0.308% | $8K | $8K | 10x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SPCX-USDT | +0.0030% | 8h | 153.09 | −0.267% | $1.9M | $1.3M | 75x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 153.06 | −0.287% | $1.6M | $7.3M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 153.02 | −0.313% | $2.5M | $7.3M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 153.01 | −0.319% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.09 | −0.267% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0046% | 1h | 153.05 | −0.293% | $1.2M | $6.0M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.07 | −0.280% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.07 | −0.280% | $1.7M | $97K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.11 | −0.254% | $533K | $394K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.94 | −0.365% | $3.2M | $2.5M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0062% | 8h | 153.10 | −0.260% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.98 | −0.339% | $169K | $130K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 153.02 | −0.313% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.01 | −0.319% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.10 | −0.261% | $15K | $7K | 10x | as long as short |
| Bullet SPCX-USD | +0.0103% | 1h | 153.11 | −0.254% | $11K | $191K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0104% | 1h | 153.07 | −0.280% | $141.4M | $119.0M | 20x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.09 | −0.266% | $89 | — | 10x | as long as short |
| Nado SPCX-PERP | +0.0132% | 1h | 153.03 | −0.309% | $617K | $822K | 20x | as long as short |
| Variational Omni SPCX | +0.0137% | 8h | 153.05 | −0.295% | $6.0M | $3.0M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0148% | 8h | 153.13 | −0.241% | $39.5M | $166.9M | 75x | as long as short |
| Binance SPCXUSDT | +0.0150% | 8h | 153.11 | −0.255% | $252.2M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0152% | 1h | 153.07 | −0.280% | $734K | $3.8M | 10x | as long as short |
| RISEx SPCX/USDC | +0.0191% | 1h | 153.13 | −0.244% | $410K | $530K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.04 | −0.300% | $738K | $925K | 10x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 153.07 | −0.280% | $445K | $268K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0410% | 8h | 153.17 | −0.215% | $18.9M | $21.0M | 20x | as long as short |
| Injective SPCX/USDC PERPlong | +0.0440% | 1h | 153.50 | long leg | $9K | $28K | 5.5x | |
| edgeX SPCXUSDC | +0.0532% | 4h | 153.05 | −0.294% | $1.7M | $892K | 20x | as long as short |
Injective SPCX/USDC PERP
StandX SPCX-USD
GMX SPCX/USD [ETH-USDC]
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDT
Aftermath Perps SPCXUSD
BloFin SPCX-USDT
Lighter SPCX
Lighter RH SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Bullet SPCX-USD
tradeXYZ xyz:SPCX
Variational Omni SPCX
OKX SPCX-USDT-SWAP
Binance SPCXUSDT
Extended SPCX-USD
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
edgeX SPCXUSDC