SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0176%/8h= −19.3% APRnext payment −$0.22 per $10,000 · paid last 24h −0.016%

Price spread now: Injective against Phoenix+0.079%7-day average — · you sell dearer than you buy

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

Long on Phoenix Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days+0.005%$0 on $10k

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Injective is 0.079% dearer against Phoenix than usual: you sell high and buy low (spread +0.079% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 36 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix SPCX	152.66	0.0209	pay 0.0026% / 1h	30m 02s	$448K	$271K	15x
Short	Injective SPCX/USDC PERP	152.78	0.0033	get 0.0004% / 1h	30m 02s	$9K	$28K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 PhoenixbpFee InjectivebpOrdersPrice spread, now +0.079%Rate

Funding earned: −$36.98
Price spread: +0.079% → 0.000%: $7.86
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$36.14
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Phoenix: live order book, 16 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Phoenix live order book, 16 min ago	0.33 bp	6.3 bp −$6	19.8 bp −$198	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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	152.56	−0.062%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0074%	8h	152.66	0.000%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.66	0.000%	$30.1M	$43.2M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.62	−0.026%	$96.2M	$32.7M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.67	+0.007%	$31.0M	$67.0M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.65	−0.007%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.86	+0.131%	$8K	$816K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.58	−0.052%	$44K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.72	+0.039%	$1.3M	$1.7M	75x	as long as short
Variational Omni SPCX	+0.0010%	8h	152.62	−0.027%	$5.9M	$2.7M	—	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0020%	1h	152.61	−0.031%	$7K	$7K	10x	as long as short
QFEX SPCX-USD	+0.0030%	1h	152.59	−0.046%	$1.2M	$5.4M	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.57	−0.059%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.54	−0.079%	$2.5M	$7.3M	20x	as long as short
Injective SPCX/USDC PERPshort	+0.0033%	1h	152.78	+0.079%	$9K	$28K	5.5x
Arcus SPCX-USD	+0.0040%	1h	152.57	−0.059%	$103K	$292K	5x	as long as short
Binance SPCXUSDT	+0.0045%	8h	152.65	−0.007%	$251.7M	$1.38B	75x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.56	−0.066%	—	$1.2M	10x	as long as short
Extended SPCX-USD	+0.0048%	1h	152.60	−0.037%	$728K	$5.3M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.56	−0.066%	$128.3M	$129.9M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.62	−0.026%	$1.7M	$56K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.63	−0.020%	$533K	$370K	50x	as long as short
Paradex SPCX-USD-PERP	+0.0050%	8h	152.62	−0.028%	$101	—	5x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.53	−0.085%	$3.0M	$2.1M	10x	as long as short
RISEx SPCX/USDC	+0.0051%	1h	152.66	+0.002%	$351K	$518K	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0076%	8h	152.67	+0.007%	$39.5M	$168.5M	75x	as long as short
Bullet SPCX-USD	+0.0083%	1h	152.65	−0.003%	$12K	$191K	10x	as long as short
Polymarket Perps SPCX-USD	+0.0098%	1h	152.64	−0.013%	$486K	$1.1M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.54	−0.079%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.55	−0.072%	$13.0M	$6.3M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.61	−0.033%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.65	−0.007%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.59	−0.046%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0107%	1h	152.57	−0.060%	$633K	$805K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0136%	1h	152.70	+0.026%	$735K	$1.1M	10x	as long as short
Phoenix SPCXlong	+0.0209%	1h	152.66	long leg	$448K	$271K	15x
Aster SPCXUSD1	+0.0396%	8h	152.79	+0.082%	$19.0M	$30.6M	20x	as long as short
edgeX SPCXUSDC	+0.0669%	4h	152.64	−0.011%	$1.7M	$891K	20x	as long as short