Funding you earn now, next payment 07:00 UTC+0.0340%/8h= +37.2% APRnext payment +$0.43 per $10,000 · paid last 24h 0.000%
Price spread now: Injective against Pacifica+0.249%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Injective is 0.249% dearer against Pacifica than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.007% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.43 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 | Pacifica SPCX | 152.51 | 0.0100 | pay 0.0013% / 1h | 46m 12s | $169K | $118K | 10x |
| Short | Injective SPCX/USDC PERP | 152.89 | 0.0440 | get 0.0055% / 1h | 46m 12s | $9K | $28K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Pacifica. 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
- $71.4
- Price spread: +0.249% → 0.000%
- $24.92
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $88.3
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Pacifica: live order book, 61 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 Pacifica live order book, 61 min ago | 0.33 bp | 6.1 bp −$6 | doesn't fit | 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 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 −0.0187% / S +0.0435% | 1h | 152.49 | −0.016% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0020% | 8h | 152.60 | +0.059% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.56 | +0.033% | $30.6M | $42.7M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.55 | +0.026% | $96.2M | $31.8M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.60 | +0.059% | $31.2M | $66.0M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.126% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.63 | +0.079% | $300K | $2.7M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.87 | +0.236% | $8K | $897K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.69 | +0.118% | $1.3M | $1.8M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0020% | 1h | 152.52 | +0.008% | $7K | $8K | 10x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SPCX | +0.0032% | 1h | 152.49 | −0.013% | $2.5M | $7.3M | 20x | as long as short |
| QFEX SPCX-USD | +0.0038% | 1h | 152.56 | +0.033% | $1.2M | $5.5M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.53 | +0.013% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.54 | +0.020% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.56 | +0.033% | $487K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.55 | +0.026% | $1.7M | $96K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.46 | −0.033% | $531K | $384K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.47 | −0.026% | $3.2M | $2.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0071% | 1h | 152.48 | −0.020% | $130.1M | $129.1M | 20x | as long as short |
| Paradex SPCX-USD-PERP | +0.0072% | 8h | 152.60 | +0.057% | $101 | — | 5x | as long as short |
| RISEx SPCX/USDC | +0.0072% | 1h | 152.63 | +0.076% | $408K | $498K | 20x | as long as short |
| Variational Omni SPCX | +0.0079% | 8h | 152.62 | +0.072% | $6.0M | $2.8M | — | as long as short |
| Lighter SPCX | +0.0096% | 1h | 152.51 | 0.000% | $1.6M | $7.4M | 20x | as long as short |
| Pacifica SPCXlong | +0.0100% | 1h | 152.51 | long leg | $169K | $118K | 10x | |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.47 | −0.026% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.53 | +0.013% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.58 | +0.046% | $14K | $7K | 10x | as long as short |
| Binance SPCXUSDT | +0.0101% | 8h | 152.59 | +0.052% | $250.4M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0104% | 1h | 152.56 | +0.030% | $732K | $4.6M | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.57 | +0.040% | $88 | — | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0113% | 8h | 152.59 | +0.052% | $39.6M | $166.8M | 75x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0192% | 1h | 152.62 | +0.072% | $726K | $932K | 10x | as long as short |
| edgeX SPCXUSDC | +0.0201% | 4h | 152.61 | +0.067% | $1.7M | $893K | 20x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.62 | +0.072% | $444K | $266K | 15x | as long as short |
| Nado SPCX-PERP | +0.0215% | 1h | 152.47 | −0.025% | $613K | $801K | 20x | as long as short |
| Bullet SPCX-USD | +0.0250% | 1h | 152.59 | +0.052% | $11K | $191K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0361% | 8h | 152.70 | +0.126% | $18.9M | $25.9M | 20x | as long as short |
| Injective SPCX/USDC PERPshort | +0.0440% | 1h | 152.89 | +0.249% | $9K | $28K | 5.5x | |
| Deribit SPCX_USDC-PERPETUAL | +0.0537% | 1h | 152.55 | +0.026% | $89K | $1.3M | 10x | as long as short |
Pacifica SPCX
Injective SPCX/USDC PERP
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
tradeXYZ xyz:SPCX
Paradex SPCX-USD-PERP
RISEx SPCX/USDC
Variational Omni SPCX
Lighter SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Binance SPCXUSDT
Extended SPCX-USD
OKX SPCX-USDT-SWAP
Coinbase International SPCX-PERP-INTX
edgeX SPCXUSDC
Phoenix SPCX
Bullet SPCX-USD
Aster SPCXUSD1
Deribit SPCX_USDC-PERPETUAL