Funding you earn now, next payment 03:00 UTC−0.0440%/8h= −48.2% APRpaid last 24h −0.009%
Price spread now: Gate against Injective−0.202%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−0.078%−$8 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 0.202% cheaper against Injective than usual: you would sell low and buy high (−$20 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 -0.078% in total (about -4.1% 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 | 153.28 | 0.0440 | pay 0.0055% / 1h | 53m 25s | $9K | $27K | 5.5x |
| Short | Gate SPCX_USDT | 152.97 | 0 | get 0.0000% / 8h | 5h 53m | $96.0M | $31.2M | 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: −0.202% → 0.000%
- −$20.22
- 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
- −$127.64
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Gate: live order book, 6 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, 6 min ago | 0.65 bp | 11.5 bp −$12 | 15.9 bp −$159 | 33.0 bp −$3,297 | 51.6 bp −$25.8K |
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 38 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 −0.0333% / S +0.0531% | 1h | 152.97 | −0.206% | $88K | — | 20x | as long as short |
| Gate SPCX_USDTshort | 0.0000% | 8h | 152.97 | −0.202% | $96.0M | $31.2M | 100x | |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.552% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.88 | −0.261% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.27 | −0.007% | $8K | $941K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.05 | −0.150% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.95 | −0.217% | $7K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.91 | −0.241% | $2.5M | $7.2M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.92 | −0.235% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.97 | −0.202% | — | $1.2M | 10x | as long as short |
GMX SPCX/USD [ETH-USDC]
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Arcus SPCX-USD
Vest SPCX-USD-PERPShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SPCX-USD | +0.0048% | 1h | 152.97 | −0.202% | $1.2M | $6.6M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.94 | −0.222% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.97 | −0.202% | $1.7M | $91K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.99 | −0.189% | $535K | $405K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.86 | −0.274% | $3.2M | $2.5M | 10x | as long as short |
| Bitget SPCXUSDT | +0.0055% | 8h | 153.02 | −0.170% | $31.7M | $66.1M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0063% | 8h | 153.02 | −0.170% | $30.8M | $42.8M | 100x | as long as short |
| Lighter SPCX | +0.0064% | 1h | 152.94 | −0.222% | $1.6M | $7.2M | 20x | as long as short |
| Paradex SPCX-USD-PERP | +0.0079% | 8h | 153.01 | −0.177% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.90 | −0.248% | $169K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.92 | −0.235% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.93 | −0.228% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.01 | −0.176% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.99 | −0.191% | $89 | — | 10x | as long as short |
| edgeX SPCXUSDC | +0.0128% | 4h | 152.98 | −0.196% | $1.7M | $892K | 20x | as long as short |
| Bullet SPCX-USD | +0.0178% | 1h | 152.99 | −0.188% | $11K | $189K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0190% | 8h | 153.02 | −0.170% | $39.5M | $168.0M | 75x | as long as short |
| Variational Omni SPCX | +0.0194% | 8h | 152.98 | −0.196% | $6.0M | $3.1M | — | as long as short |
| RISEx SPCX/USDC | +0.0199% | 1h | 153.02 | −0.169% | $408K | $549K | 20x | as long as short |
| Binance SPCXUSDT | +0.0205% | 8h | 153.00 | −0.183% | $252.6M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0208% | 1h | 152.95 | −0.213% | $736K | $3.8M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0239% | 1h | 152.97 | −0.202% | $142.1M | $119.3M | 20x | as long as short |
| Nado SPCX-PERP | +0.0240% | 1h | 152.89 | −0.257% | $622K | $832K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 152.97 | −0.202% | $738K | $968K | 10x | as long as short |
| Phoenix SPCX | +0.0262% | 1h | 152.98 | −0.196% | $445K | $267K | 15x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0339% | 1h | 152.93 | −0.228% | $72K | $1.2M | 10x | as long as short |
| Aster SPCXUSD1 | +0.0411% | 8h | 153.09 | −0.127% | $19.0M | $15.3M | 20x | as long as short |
| Injective SPCX/USDC PERPlong | +0.0440% | 1h | 153.28 | long leg | $9K | $27K | 5.5x |
QFEX SPCX-USD
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
Bitget SPCXUSDT
Bybit SPCXUSDT
Lighter SPCX
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
edgeX SPCXUSDC
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Variational Omni SPCX
RISEx SPCX/USDC
Binance SPCXUSDT
Extended SPCX-USD
tradeXYZ xyz:SPCX
Nado SPCX-PERP
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Deribit SPCX_USDC-PERPETUAL
Aster SPCXUSD1