Funding you earn now, next payment 08:00 UTC−0.0440%/8h= −48.2% APRpaid last 24h −0.035%
Price spread now: Gate against Injective−0.157%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−0.103%−$10 on $10k
+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 −$13 a day on $10k at the current rate, and Gate is 0.157% cheaper against Injective than usual: you would sell low and buy high (−$16 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 -0.103% in total (about -5.4% 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 | Injective SPCX/USDC PERP | 152.55 | 0.0440 | pay 0.0055% / 1h | 36m 54s | $9K | $28K | 5.5x |
| Short | Gate SPCX_USDT | 152.31 | 0 | get 0.0000% / 8h | 36m 54s | $96.2M | $31.8M | 100x |
Injective SPCX/USDC PERP
Gate SPCX_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.157% → 0.000%
- −$15.73
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$123.15
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago | 0.33 bp | 9.1 bp −$9 | 15.3 bp −$153 | 31.7 bp −$3,167 | 50.6 bp −$25.3K |
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 −0.0234% / S +0.0471% | 1h | 152.28 | −0.180% | $90K | — | 20x | as long as short |
| Gate SPCX_USDTshort | 0.0000% | 8h | 152.31 | −0.157% | $96.2M | $31.8M | 100x | |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.38 | −0.111% | $31.2M | $66.2M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.095% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.37 | −0.118% | $300K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.58 | +0.020% | $8K | $892K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.39 | −0.105% | $1.3M | $1.8M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0013% | 8h | 152.32 | −0.151% | $30.5M | $42.7M | 100x | as long as short |
| BloFin SPCX-USDT | +0.0021% | 8h | 152.34 | −0.138% | $1.9M | $1.2M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0027% | 1h | 152.28 | −0.175% | $7K | $8K | 10x | as long as short |
GMX SPCX/USD [ETH-USDC]
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Bybit SPCXUSDT
BloFin SPCX-USDT
Aftermath Perps SPCXUSDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0032% | 1h | 152.27 | −0.184% | $1.6M | $7.3M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.25 | −0.197% | $2.5M | $7.2M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.26 | −0.190% | $103K | $298K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.30 | −0.164% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.26 | −0.190% | $129.9M | $129.2M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.29 | −0.170% | $487K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.30 | −0.164% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.32 | −0.151% | $530K | $373K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.19 | −0.236% | $3.2M | $2.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0070% | 1h | 152.29 | −0.170% | $1.2M | $5.5M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0098% | 8h | 152.30 | −0.167% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.23 | −0.210% | $168K | $119K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.21 | −0.223% | $13.0M | $5.6M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.29 | −0.170% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.32 | −0.151% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.30 | −0.162% | $88 | — | 10x | as long as short |
| Variational Omni SPCX | +0.0127% | 8h | 152.34 | −0.141% | $5.9M | $2.8M | — | as long as short |
| Binance SPCXUSDT | +0.0141% | 8h | 152.32 | −0.149% | $252.8M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0144% | 1h | 152.29 | −0.169% | $724K | $4.5M | 10x | as long as short |
| Bullet SPCX-USD | +0.0154% | 1h | 152.33 | −0.146% | $11K | $192K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0155% | 8h | 152.36 | −0.125% | $39.7M | $166.7M | 75x | as long as short |
| Nado SPCX-PERP | +0.0177% | 1h | 152.25 | −0.200% | $627K | $803K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0240% | 1h | 152.34 | −0.138% | $728K | $930K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0276% | 1h | 152.27 | −0.184% | $89K | $1.4M | 10x | as long as short |
| Phoenix SPCX | +0.0368% | 1h | 152.35 | −0.131% | $443K | $266K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0406% | 8h | 152.42 | −0.082% | $18.9M | $29.0M | 20x | as long as short |
| Injective SPCX/USDC PERPlong | +0.0440% | 1h | 152.55 | long leg | $9K | $28K | 5.5x | |
| RISEx SPCX/USDC | +0.0445% | 1h | 152.37 | −0.118% | $381K | $507K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0661% | 4h | 152.31 | −0.157% | $1.7M | $891K | 20x | as long as short |
Lighter SPCX
Lighter RH SPCX
Arcus SPCX-USD
Vest SPCX-USD-PERP
tradeXYZ xyz: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
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Nado SPCX-PERP
Coinbase International SPCX-PERP-INTX
Deribit SPCX_USDC-PERPETUAL
Phoenix SPCX
Aster SPCXUSD1
RISEx SPCX/USDC
edgeX SPCXUSDC