Funding you earn now, next payment 07:00 UTC+0.0320%/8h= +35.0% APRnext payment +$0.40 per $10,000 · paid last 24h +0.007%
Price spread now: Injective against Extended+0.286%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+0.031%+$3 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 0.286% dearer against Extended than usual: you sell high and buy low: +$29 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 0.031% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.40 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 | Extended SPCX-USD | 152.37 | 0.0120 | pay 0.0015% / 1h | 27m 15s | $733K | $3.6M | 10x |
| Short | Injective SPCX/USDC PERP | 152.81 | 0.0440 | get 0.0055% / 1h | 27m 15s | $9K | $28K | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Extended. 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
- $67.2
- Price spread: +0.286% → 0.000%
- $28.58
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $90.76
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 2 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 Extended live order book, 2 min ago | 0.33 bp | 2.8 bp −$3 | 5.5 bp −$55 | 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 | 152.34 | −0.026% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0001% | 8h | 152.41 | +0.023% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.42 | +0.030% | $30.6M | $42.7M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.39 | +0.010% | $96.1M | $31.9M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.42 | +0.030% | $31.2M | $66.0M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +13.223% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.38 | +0.004% | $300K | $2.7M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.71 | +0.220% | $8K | $896K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.51 | +0.089% | $1.3M | $1.8M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.34 | −0.021% | $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 | 152.34 | −0.023% | $2.5M | $7.3M | 20x | as long as short |
| QFEX SPCX-USD | +0.0038% | 1h | 152.40 | +0.017% | $1.2M | $5.5M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.34 | −0.023% | $103K | $299K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.35 | −0.016% | — | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.39 | +0.010% | $1.7M | $97K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.38 | +0.004% | $531K | $379K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.26 | −0.075% | $3.2M | $2.2M | 10x | as long as short |
| RISEx SPCX/USDC | +0.0072% | 1h | 152.45 | +0.047% | $393K | $505K | 20x | as long as short |
| Variational Omni SPCX | +0.0098% | 8h | 152.42 | +0.029% | $5.9M | $2.8M | — | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.31 | −0.042% | $168K | $120K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.27 | −0.069% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.48 | +0.069% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.41 | +0.023% | $14K | $7K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0104% | 1h | 152.32 | −0.036% | $130.1M | $129.1M | 20x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.40 | +0.018% | $88 | — | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0107% | 8h | 152.43 | +0.035% | $101 | — | 5x | as long as short |
| Binance SPCXUSDT | +0.0119% | 8h | 152.43 | +0.034% | $251.7M | $1.36B | 75x | as long as short |
| Extended SPCX-USDlong | +0.0120% | 1h | 152.37 | long leg | $733K | $3.6M | 10x | |
| OKX SPCX-USDT-SWAP | +0.0128% | 8h | 152.42 | +0.030% | $39.5M | $166.7M | 75x | as long as short |
| Polymarket Perps SPCX-USD | +0.0132% | 1h | 152.38 | +0.004% | $487K | $1.2M | 10x | as long as short |
| Lighter SPCX | +0.0136% | 1h | 152.36 | −0.010% | $1.6M | $7.4M | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0192% | 1h | 152.36 | −0.010% | $732K | $938K | 10x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.43 | +0.036% | $443K | $266K | 15x | as long as short |
| edgeX SPCXUSDC | +0.0217% | 4h | 152.44 | +0.045% | $1.7M | $890K | 20x | as long as short |
| Nado SPCX-PERP | +0.0257% | 1h | 152.27 | −0.071% | $626K | $808K | 20x | as long as short |
| Bullet SPCX-USD | +0.0290% | 1h | 152.42 | +0.030% | $11K | $192K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0385% | 8h | 152.55 | +0.115% | $18.9M | $28.7M | 20x | as long as short |
| Injective SPCX/USDC PERPshort | +0.0440% | 1h | 152.81 | +0.286% | $9K | $28K | 5.5x | |
| Deribit SPCX_USDC-PERPETUAL | +0.0538% | 1h | 152.37 | −0.003% | $89K | $1.3M | 10x | as long as short |
Extended SPCX-USD
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
SoDEX SPCX-USD
Phemex SPCXUSDT
RISEx SPCX/USDC
Variational Omni SPCX
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
tradeXYZ xyz:SPCX
Paradex SPCX-USD-PERP
Binance SPCXUSDT
OKX SPCX-USDT-SWAP
Polymarket Perps SPCX-USD
Lighter SPCX
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
edgeX SPCXUSDC
Bullet SPCX-USD
Aster SPCXUSD1
Deribit SPCX_USDC-PERPETUAL