SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%

Price spread now: Ondo Perps against Injective−2.773%101s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.042%+$4 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 2.773% cheaper against Injective than usual: you would sell low and buy high (spread −2.773% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$277 on $10k: about 18 months of funding at the current rate (+$1 a day). 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	Injective SPCX/USDC PERP	157.25	0.0033	pay 0.0004% / 1h	39m 24s	$9K	$27K	5.5x
Short	Ondo Perps SPCX-USD.P	152.89	0.0050	get 0.0006% / 1h	39m 24s	$3.2M	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee InjectivebpFee Ondo PerpsbpOrdersPrice spread, now −2.773%Rate

Funding earned: $3.58
Price spread: −2.773% → 0.000%: −$277.27
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$278.7
Costs to cover: 0.050%
Break-even: 551.3 days

Slippage unknown: Injective: no order-book sample; Ondo Perps: 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 Injective no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Injective and Ondo Perps: 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 −0.0272% / S +0.0488%	1h	152.96	−2.731%	$89K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.96	−2.728%	$96.6M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.51	+9.706%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.89	−2.773%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.19	−2.582%	$8K	$972K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.98	−2.715%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0030%	1h	152.96	−2.731%	$8K	$10K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.92	−2.754%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.91	−2.760%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERPlong	+0.0033%	1h	157.25	long leg	$9K	$27K	5.5x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus SPCX-USD	+0.0040%	1h	152.91	−2.760%	$106K	$296K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.94	−2.741%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.94	−2.741%	$490K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.97	−2.722%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.97	−2.722%	$538K	$405K	50x	as long as short
Ondo Perps SPCX-USD.Pshort	+0.0050%	1h	152.89	−2.773%	$3.2M	$2.7M	10x
QFEX SPCX-USD	+0.0052%	1h	152.94	−2.741%	$1.2M	$7.6M	10x	as long as short
BloFin SPCX-USDT	+0.0074%	8h	152.96	−2.728%	$1.9M	$1.4M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0077%	8h	152.97	−2.720%	$101	—	5x	as long as short
Bullet SPCX-USD	+0.0092%	1h	152.97	−2.722%	$11K	$188K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.88	−2.779%	$173K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.85	−2.798%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.89	−2.773%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.97	−2.722%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.96	−2.730%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0141%	8h	153.00	−2.703%	$30.8M	$42.7M	100x	as long as short
Variational Omni SPCX	+0.0177%	8h	152.96	−2.731%	$6.0M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0189%	8h	153.01	−2.696%	$39.0M	$169.4M	75x	as long as short
Extended SPCX-USD	+0.0192%	1h	152.97	−2.722%	$734K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0193%	8h	152.98	−2.715%	$253.9M	$1.38B	75x	as long as short
edgeX SPCXUSDC	+0.0248%	4h	152.95	−2.736%	$1.7M	$892K	20x	as long as short
tradeXYZ xyz:SPCX	+0.0251%	1h	152.93	−2.747%	$143.5M	$118.4M	20x	as long as short
Phoenix SPCX	+0.0261%	1h	152.96	−2.728%	$446K	$269K	15x	as long as short
Nado SPCX-PERP	+0.0270%	1h	152.86	−2.794%	$602K	$884K	20x	as long as short
Aster SPCXUSD1	+0.0278%	8h	153.04	−2.677%	$19.0M	$21.3M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.97	−2.722%	$733K	$970K	10x	as long as short
Bitget SPCXUSDT	+0.0305%	8h	153.00	−2.703%	$31.3M	$67.2M	75x	as long as short
RISEx SPCX/USDC	+0.0339%	1h	153.03	−2.686%	$403K	$538K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0470%	1h	152.96	−2.728%	$71K	$1.0M	10x	as long as short