Funding you earn now, next payment 22:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.021%
Price spread now: Lighter against Aevo−0.054%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.054% cheaper against Aevo than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo SPCX-PERP | 152.71 | 0.0104 | pay 0.0013% / 1h | 10m 53s | $89 | — | 10x |
| Short | Lighter SPCX | 152.63 | 0.0064 | get 0.0008% / 1h | 10m 53s | $1.6M | $7.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Aevo. 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
- −$8.4
- Price spread: −0.054% → 0.000%
- −$5.37
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$29.77
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aevo: no order-book sample; Lighter: live order book, 7 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 Aevo no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 7 min ago | 0.65 bp | 1.5 bp −$1 | 2.5 bp −$25 | 27.3 bp −$2,734 | doesn't fit |
Aevo: 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 −0.0271% / S +0.0488% | 1h | 152.63 | −0.050% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.68 | −0.021% | $96.5M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.50 | +12.960% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.71 | −0.001% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.91 | +0.130% | $8K | $990K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.66 | −0.034% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0024% | 1h | 152.59 | −0.082% | $7K | $10K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.63 | −0.054% | $2.4M | $7.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +2.972% | $9K | $27K | 5.5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.68 | −0.021% | — | $1.1M | 10x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.63 | −0.054% | $489K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.67 | −0.028% | $1.7M | $79K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.67 | −0.028% | $540K | $406K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.54 | −0.113% | $3.2M | $2.6M | 10x | as long as short |
| QFEX SPCX-USD | +0.0057% | 1h | 152.67 | −0.028% | $1.2M | $7.6M | 10x | as long as short |
| Lighter SPCXshort | +0.0064% | 1h | 152.63 | −0.054% | $1.6M | $7.3M | 20x | |
| BloFin SPCX-USDT | +0.0092% | 8h | 152.70 | −0.008% | $1.9M | $1.4M | 75x | as long as short |
| Paradex SPCX-USD-PERP | +0.0100% | 8h | 152.71 | −0.003% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.60 | −0.073% | $175K | $135K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.54 | −0.113% | $13.0M | $5.3M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.71 | −0.001% | $58K | $270K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.70 | −0.008% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERPlong | +0.0104% | 1h | 152.71 | long leg | $89 | — | 10x | |
| Bybit SPCXUSDT | +0.0154% | 8h | 152.71 | −0.001% | $30.7M | $42.3M | 100x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0182% | 8h | 152.69 | −0.014% | $39.0M | $168.2M | 75x | as long as short |
| Variational Omni SPCX | +0.0183% | 8h | 152.65 | −0.042% | $6.1M | $4.3M | — | as long as short |
| tradeXYZ xyz:SPCX | +0.0185% | 1h | 152.63 | −0.054% | $129.9M | $107.3M | 20x | as long as short |
| Bullet SPCX-USD | +0.0206% | 1h | 152.69 | −0.013% | $11K | $190K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0209% | 1h | 152.66 | −0.034% | $71K | $1.1M | 10x | as long as short |
| Binance SPCXUSDT | +0.0212% | 8h | 152.70 | −0.008% | $256.3M | $1.38B | 75x | as long as short |
| Extended SPCX-USD | +0.0216% | 1h | 152.68 | −0.020% | $715K | $3.6M | 10x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0232% | 1h | 152.71 | −0.001% | $741K | $947K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0241% | 8h | 152.74 | +0.018% | $19.0M | $21.3M | 20x | as long as short |
| Phoenix SPCX | +0.0262% | 1h | 152.68 | −0.021% | $371K | $191K | 15x | as long as short |
| Arcus SPCX-USD | +0.0293% | 1h | 152.63 | −0.054% | $106K | $296K | 5x | as long as short |
| Nado SPCX-PERP | +0.0306% | 1h | 152.54 | −0.109% | $625K | $878K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0331% | 4h | 152.66 | −0.032% | $1.7M | $894K | 20x | as long as short |
| Bitget SPCXUSDT | +0.0342% | 8h | 152.69 | −0.014% | $31.1M | $66.5M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0462% | 1h | 152.73 | +0.014% | $393K | $545K | 20x | as long as short |
Lighter SPCX
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Injective SPCX/USDC PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
BloFin SPCX-USDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Bybit SPCXUSDT
OKX SPCX-USDT-SWAP
Variational Omni SPCX
tradeXYZ xyz:SPCX
Bullet SPCX-USD
Deribit SPCX_USDC-PERPETUAL
Binance SPCXUSDT
Extended SPCX-USD
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
Phoenix SPCX
edgeX SPCXUSDC
Bitget SPCXUSDT
RISEx SPCX/USDC