SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0236%/8h= −25.9% APRnext payment −$0.30 per $10,000 · paid last 24h −0.029%

Price spread now: Injective against Nado+2.874%7-day average — · you sell dearer than you buy

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

Long on Nado Short on Injective

What this pair did over the last

the charts below follow

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Injective is 2.874% dearer against Nado than usual: you sell high and buy low (spread +2.874% now, against zero (this spread has no 7-day history yet)): +$287 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 41 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SPCX-PERP	152.86	0.0270	pay 0.0034% / 1h	39m 02s	$602K	$884K	20x
Short	Injective SPCX/USDC PERP	157.25	0.0033	get 0.0004% / 1h	39m 02s	$9K	$27K	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Nado. 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 NadobpFee InjectivebpOrdersPrice spread, now +2.874%Rate

Funding earned: −$49.6
Price spread: +2.874% → 0.000%: $287.41
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $230.8
Costs to cover: 0.070%
Break-even: from the start

Slippage unknown: Nado: live order book, 39 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 Nado live order book, 39 min ago	0.33 bp	5.5 bp −$6	23.0 bp −$230	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 −0.0272% / S +0.0488%	1h	152.96	+0.064%	$89K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.96	+0.068%	$96.6M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.51	+12.859%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.89	+0.022%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.19	+0.218%	$8K	$972K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.98	+0.081%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0030%	1h	152.96	+0.065%	$8K	$10K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.89	+0.022%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERPshort	+0.0033%	1h	157.25	+2.874%	$9K	$27K	5.5x
Lighter SPCX	+0.0040%	1h	152.90	+0.028%	$1.6M	$7.4M	20x	as long as short

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	+0.035%	$106K	$296K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.94	+0.054%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.94	+0.054%	$490K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.97	+0.074%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.97	+0.074%	$538K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.89	+0.022%	$3.2M	$2.7M	10x	as long as short
QFEX SPCX-USD	+0.0052%	1h	152.94	+0.054%	$1.2M	$7.6M	10x	as long as short
BloFin SPCX-USDT	+0.0073%	8h	152.99	+0.087%	$1.9M	$1.4M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0077%	8h	152.97	+0.076%	$101	—	5x	as long as short
Bullet SPCX-USD	+0.0092%	1h	152.97	+0.074%	$11K	$188K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.88	+0.015%	$173K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.84	−0.011%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.89	+0.022%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.97	+0.074%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.97	+0.071%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0141%	8h	153.01	+0.100%	$30.8M	$42.7M	100x	as long as short
Variational Omni SPCX	+0.0177%	8h	152.96	+0.065%	$6.0M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0189%	8h	153.00	+0.094%	$39.0M	$169.4M	75x	as long as short
Extended SPCX-USD	+0.0192%	1h	152.95	+0.063%	$734K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0193%	8h	152.99	+0.087%	$253.9M	$1.38B	75x	as long as short
edgeX SPCXUSDC	+0.0248%	4h	152.95	+0.060%	$1.7M	$892K	20x	as long as short
tradeXYZ xyz:SPCX	+0.0252%	1h	152.94	+0.054%	$143.6M	$118.4M	20x	as long as short
Phoenix SPCX	+0.0261%	1h	152.96	+0.068%	$446K	$269K	15x	as long as short
Nado SPCX-PERPlong	+0.0270%	1h	152.86	long leg	$602K	$884K	20x
Aster SPCXUSD1	+0.0278%	8h	153.04	+0.120%	$19.0M	$21.3M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.97	+0.074%	$733K	$970K	10x	as long as short
Bitget SPCXUSDT	+0.0305%	8h	153.00	+0.094%	$31.3M	$67.2M	75x	as long as short
RISEx SPCX/USDC	+0.0339%	1h	153.03	+0.111%	$403K	$538K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0404%	1h	152.94	+0.054%	$71K	$1.0M	10x	as long as short