Funding you earn now, next payment 23:00 UTC−0.0194%/8h= −21.2% APRnext payment −$0.24 per $10,000 · paid last 24h −0.015%
Price spread now: Injective against Arcus+3.081%101s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+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 3.081% dearer against Arcus than usual: you sell high and buy low (spread +3.081% now, against zero (this spread has no 7-day history yet)): +$308 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 53 days. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SPCX-USD | 152.55 | 0.0227 | pay 0.0028% / 1h | 47m 32s | $106K | $296K | 5x |
| Short | Injective SPCX/USDC PERP | 157.25 | 0.0033 | get 0.0004% / 1h | 47m 32s | $9K | $27K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Arcus. 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
- −$40.65
- Price spread: +3.081% → 0.000%
- $308.1
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $262.92
- Costs to cover
- 0.045%
- Break-even
- from the start
Slippage unknown: Arcus: live order book, 36 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 Arcus live order book, 36 min ago | 5.90 bp | 8.1 bp −$8 | 11.5 bp −$115 | 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 −0.0335% / S +0.0533% | 1h | 152.59 | +0.029% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.60 | +0.033% | $96.5M | $30.8M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.51 | +13.083% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.67 | +0.079% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.79 | +0.157% | $8K | $977K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.62 | +0.046% | $1.3M | $1.7M | 75x | as long as short |
| Bullet SPCX-USD | +0.0020% | 1h | 152.62 | +0.046% | $12K | $189K | 10x | as long as short |
| Aftermath Perps SPCXUSD | +0.0024% | 1h | 152.59 | +0.025% | $7K | $10K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.56 | +0.007% | $1.6M | $7.1M | 20x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.55 | 0.000% | $2.4M | $7.5M | 20x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SPCX/USDC PERPshort | +0.0033% | 1h | 157.25 | +3.081% | $9K | $27K | 5.5x | |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.66 | +0.072% | — | $1.1M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.60 | +0.033% | $489K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.60 | +0.033% | $1.7M | $79K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.60 | +0.033% | $539K | $405K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.47 | −0.052% | $3.2M | $2.6M | 10x | as long as short |
| QFEX SPCX-USD | +0.0066% | 1h | 152.60 | +0.033% | $1.2M | $7.6M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0079% | 8h | 152.61 | +0.038% | $101 | — | 5x | as long as short |
| tradeXYZ xyz:SPCX | +0.0082% | 1h | 152.58 | +0.020% | $129.8M | $107.4M | 20x | as long as short |
| BloFin SPCX-USDT | +0.0089% | 8h | 152.64 | +0.059% | $1.9M | $1.4M | 75x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.54 | −0.007% | $175K | $130K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.50 | −0.033% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.56 | +0.007% | $58K | $270K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.63 | +0.052% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.64 | +0.058% | $89 | — | 10x | as long as short |
| Bybit SPCXUSDT | +0.0142% | 8h | 152.63 | +0.052% | $30.7M | $42.3M | 100x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0183% | 8h | 152.63 | +0.052% | $38.9M | $168.1M | 75x | as long as short |
| Variational Omni SPCX | +0.0191% | 8h | 152.62 | +0.047% | $6.1M | $3.9M | — | as long as short |
| Nado SPCX-PERP | +0.0204% | 1h | 152.54 | −0.008% | $625K | $875K | 20x | as long as short |
| Binance SPCXUSDT | +0.0208% | 8h | 152.62 | +0.049% | $256.0M | $1.38B | 75x | as long as short |
| Extended SPCX-USD | +0.0208% | 1h | 152.60 | +0.033% | $715K | $3.6M | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0209% | 1h | 152.61 | +0.039% | $70K | $1.1M | 10x | as long as short |
| Arcus SPCX-USDlong | +0.0227% | 1h | 152.55 | long leg | $106K | $296K | 5x | |
| Aster SPCXUSD1 | +0.0244% | 8h | 152.69 | +0.094% | $19.0M | $21.5M | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 152.71 | +0.105% | $741K | $947K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 152.63 | +0.052% | $445K | $196K | 15x | as long as short |
| Bitget SPCXUSDT | +0.0326% | 8h | 152.64 | +0.059% | $31.0M | $66.5M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0543% | 1h | 152.69 | +0.093% | $402K | $542K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0618% | 4h | 152.62 | +0.047% | $1.7M | $893K | 20x | as long as short |
Injective SPCX/USDC PERP
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Bullet SPCX-USD
Aftermath Perps SPCXUSD
Lighter SPCX
Lighter RH SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
tradeXYZ xyz:SPCX
BloFin SPCX-USDT
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Bybit SPCXUSDT
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
Deribit SPCX_USDC-PERPETUAL
Aster SPCXUSD1
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Bitget SPCXUSDT
RISEx SPCX/USDC
edgeX SPCXUSDC