Settings8H · net · $10k
Funding arb · Price arb /

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0340%/8h= +37.2% APRpaid last 24h −0.005%
Price spread now: Injective against Orderly+0.105%58s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Injective is 0.105% dearer against Orderly than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SPCX_USDC_mythos152.510.0100pay 0.0100% / 8h2h 53m$14K$7K10x
ShortInjective SPCX/USDC PERP152.670.0440get 0.0055% / 1h53m 36s$9K$28K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Orderly. 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

Funding earned
$71.4
Price spread: +0.105% → 0.000%
$10.49
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$75.87
Costs to cover
0.060%
Break-even
from the start
Slippage unknown: Orderly: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Injective no order-book sample
Orderly and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SPCX/USD [ETH-USDC]L −0.0224% / S +0.0463%1h152.43−0.056%$90K20xas long as short
Bybit SPCXUSDT0.0000%8h152.55+0.026%$30.6M$42.7M100xas long as short
Gate SPCX_USDT0.0000%8h152.510.000%$96.2M$31.5M100xas long as short
Bitget SPCXUSDT0.0000%8h152.57+0.039%$31.4M$65.9M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+13.125%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.54+0.020%$300K$2.9M20xas long as short
SunX SPCX-USDT0.0000%8h152.76+0.164%$8K$915K10xas long as short
HTX SPCX-USDT0.0000%8h152.56+0.033%$1.3M$1.8M75xas long as short
BloFin SPCX-USDT+0.0010%8h152.55+0.026%$1.9M$1.2M75xas long as short
Aftermath Perps SPCXUSD+0.0026%1h152.36−0.101%$7K$8K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SPCX+0.0032%1h152.43−0.052%$2.5M$7.2M20xas long as short
Arcus SPCX-USD+0.0040%1h152.43−0.052%$105K$297K5xas long as short
QFEX SPCX-USD+0.0043%1h152.50−0.007%$1.2M$5.6M10xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.49−0.013%$1.2M10xas long as short
Lighter SPCX+0.0048%1h152.46−0.033%$1.6M$7.4M20xas long as short
tradeXYZ xyz:SPCX+0.0050%1h152.42−0.059%$131.1M$128.4M20xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.47−0.026%$490K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.52+0.007%$1.7M$99K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.55+0.026%$531K$387K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.34−0.111%$3.2M$2.3M10xas long as short
Paradex SPCX-USD-PERP+0.0062%8h152.56+0.032%$1015xas long as short
Pacifica SPCX+0.0100%1h152.45−0.039%$169K$119K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.39−0.079%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.45−0.039%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythoslong+0.0100%8h152.51long leg$14K$7K10x
Aevo SPCX-PERP+0.0104%1h152.50−0.008%$8810xas long as short
Variational Omni SPCX+0.0122%8h152.52+0.005%$6.0M$2.9Mas long as short
Extended SPCX-USD+0.0128%1h152.52+0.006%$731K$4.6M10xas long as short
Binance SPCXUSDT+0.0132%8h152.57+0.039%$250.7M$1.36B75xas long as short
OKX SPCX-USDT-SWAP+0.0141%8h152.56+0.033%$39.4M$166.4M75xas long as short
Nado SPCX-PERP+0.0157%1h152.40−0.074%$614K$804K20xas long as short
Bullet SPCX-USD+0.0228%1h152.55+0.026%$11K$193K10xas long as short
edgeX SPCXUSDC+0.0228%4h152.47−0.027%$1.7M$891K20xas long as short
RISEx SPCX/USDC+0.0238%1h152.56+0.033%$408K$522K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0248%1h152.44−0.046%$739K$931K10xas long as short
Phoenix SPCX+0.0261%1h152.48−0.020%$443K$266K15xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0341%1h152.47−0.026%$87K$1.2M10xas long as short
Aster SPCXUSD1+0.0399%8h152.57+0.041%$18.9M$24.0M20xas long as short
Injective SPCX/USDC PERPshort+0.0440%1h152.67+0.105%$9K$28K5.5x