Funding you earn now, next payment 01:00 UTC−0.0284%/8h= −31.1% APRpaid last 24h −0.028%
Price spread now: Injective against Bitget+2.704%71s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.003%$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 2.704% dearer against Bitget than usual: you sell high and buy low (spread +2.704% now, against zero (this spread has no 7-day history yet)): +$270 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 32 days. At the pace of the last 7 days (−0.003% in total) that is about years. The two prices were read 71 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.003% in total (about -0.2% a year). A funding rate is set anew for every payment. 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 | Bitget SPCXUSDT | 153.11 | 0.0317 | pay 0.0317% / 8h | 7h 26m | $31.3M | $66.4M | 75x |
| Short | Injective SPCX/USDC PERP | 157.25 | 0.0033 | get 0.0004% / 1h | 26m 13s | $9K | $27K | 5.5x |
Bitget SPCXUSDT
Injective SPCX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Bitget. 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
- −$59.57
- Price spread: +2.704% → 0.000%
- $270.39
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $198.8
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 0.65 bp | 6.8 bp −$7 | 8.3 bp −$83 | 17.0 bp −$1,704 | 22.1 bp −$11.1K |
| 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 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 −0.0315% / S +0.0518% | 1h | 153.03 | −0.049% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.07 | −0.026% | $96.4M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.675% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.93 | −0.118% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.32 | +0.137% | $8K | $955K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.07 | −0.026% | $1.3M | $1.7M | 75x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0011% | 1h | 153.02 | −0.059% | $72K | $1.1M | 10x | as long as short |
| Aftermath Perps SPCXUSD | +0.0027% | 1h | 152.95 | −0.106% | $7K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 153.02 | −0.059% | $2.5M | $7.4M | 20x | as long as short |
| Injective SPCX/USDC PERPshort | +0.0033% | 1h | 157.25 | +2.704% | $9K | $27K | 5.5x |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
Aftermath Perps SPCXUSD
Lighter RH SPCXShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.08 | −0.020% | — | $1.2M | 10x | as long as short |
| Lighter SPCX | +0.0048% | 1h | 153.04 | −0.046% | $1.6M | $7.4M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.05 | −0.039% | $489K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.06 | −0.033% | $1.7M | $86K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.09 | −0.013% | $534K | $414K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.94 | −0.111% | $3.2M | $2.6M | 10x | as long as short |
| QFEX SPCX-USD | +0.0063% | 1h | 153.05 | −0.039% | $1.2M | $7.3M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0099% | 8h | 153.11 | −0.003% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.98 | −0.085% | $173K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.98 | −0.085% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.01 | −0.065% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.10 | −0.007% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.09 | −0.013% | $89 | — | 10x | as long as short |
| BloFin SPCX-USDT | +0.0109% | 8h | 153.07 | −0.026% | $1.9M | $1.4M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0174% | 8h | 153.11 | 0.000% | $30.9M | $42.8M | 100x | as long as short |
| Arcus SPCX-USD | +0.0194% | 1h | 153.00 | −0.072% | $105K | $297K | 5x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0211% | 8h | 153.11 | 0.000% | $39.2M | $169.1M | 75x | as long as short |
| Variational Omni SPCX | +0.0216% | 8h | 153.07 | −0.026% | $6.0M | $3.5M | — | as long as short |
| Binance SPCXUSDT | +0.0229% | 8h | 153.10 | −0.007% | $253.2M | $1.38B | 75x | as long as short |
| Nado SPCX-PERP | +0.0231% | 1h | 152.99 | −0.076% | $604K | $848K | 20x | as long as short |
| Extended SPCX-USD | +0.0232% | 1h | 153.06 | −0.035% | $734K | $4.0M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0241% | 1h | 153.03 | −0.052% | $143.1M | $119.5M | 20x | as long as short |
| Bullet SPCX-USD | +0.0244% | 1h | 153.09 | −0.013% | $11K | $188K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 153.04 | −0.046% | $445K | $271K | 15x | as long as short |
| Bitget SPCXUSDTlong | +0.0317% | 8h | 153.11 | long leg | $31.3M | $66.4M | 75x | |
| Coinbase International SPCX-PERP-INTX | +0.0328% | 1h | 153.01 | −0.065% | $731K | $979K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0358% | 8h | 153.09 | −0.016% | $19.0M | $18.3M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0409% | 1h | 153.11 | +0.003% | $401K | $535K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0934% | 4h | 153.06 | −0.033% | $1.7M | $892K | 20x | as long as short |
Vest SPCX-USD-PERP
Lighter SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
QFEX SPCX-USD
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
BloFin SPCX-USDT
Bybit SPCXUSDT
Arcus SPCX-USD
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Binance SPCXUSDT
Nado SPCX-PERP
Extended SPCX-USD
tradeXYZ xyz:SPCX
Bullet SPCX-USD
Phoenix SPCX
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
RISEx SPCX/USDC
edgeX SPCXUSDC