SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.015%

Price spread now: Lighter against Arcus+0.046%7-day average +0.037% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$170.169% of the position

Long on Arcus Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.026%−$3 on $10k

Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.046%, 7d avg +0.037%

Together, before fees−0.111%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SPCX-USD	152.63	0.0040	pay 0.0005% / 1h	2m 00s	$103K	$295K	5x
Short	Lighter SPCX	152.70	0.0032	get 0.0004% / 1h	2m 00s	$1.6M	$7.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Arcus. 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 ArcusbpFee LighterbpOrdersPrice spread, now +0.046%Rate

Funding earned: −$1.74
Price spread: +0.046% → +0.037%: $0.93
Slippage, 4 orders: −$12.42
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$17.73
Costs to cover: 0.169%
Break-even: never at this rate

Slippage from Arcus: live order book, 31 min ago; Lighter: live order book, 6 min ago.

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 Arcus live order book, 31 min ago	5.26 bp	7.5 bp −$8	11.5 bp −$115	doesn't fit	doesn't fit
Sell Lighter live order book, 6 min ago	0.65 bp	0.7 bp −$1	1.8 bp −$18	12.3 bp −$1,230	doesn't fit

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 −0.0187% / S +0.0435%	1h	152.71	+0.049%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0018%	8h	152.67	+0.026%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.78	+0.098%	$30.5M	$43.2M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.75	+0.079%	$96.1M	$32.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.81	+0.118%	$31.0M	$66.7M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.65	+0.013%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.97	+0.223%	$8K	$841K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.74	+0.072%	$1.3M	$1.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0012%	1h	152.72	+0.059%	$82K	$1.4M	10x	as long as short
Aftermath Perps SPCXUSD	+0.0015%	1h	152.60	−0.020%	$7K	$7K	10x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCXshort	+0.0032%	1h	152.70	+0.046%	$1.6M	$7.4M	20x
Lighter RH SPCX	+0.0032%	1h	152.68	+0.033%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0035%	1h	152.68	+0.033%	$1.2M	$5.4M	10x	as long as short
Arcus SPCX-USDlong	+0.0040%	1h	152.63	long leg	$103K	$295K	5x
Vest SPCX-USD-PERP	+0.0046%	1h	152.73	+0.066%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.74	+0.072%	$129.8M	$130.2M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.74	+0.072%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.72	+0.059%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.71	+0.052%	$531K	$363K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.53	−0.066%	$3.1M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0057%	8h	152.72	+0.058%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0088%	8h	152.69	+0.039%	$5.9M	$2.7M	—	as long as short
Nado SPCX-PERP	+0.0094%	1h	152.65	+0.013%	$633K	$808K	20x	as long as short
Bullet SPCX-USD	+0.0096%	1h	152.75	+0.079%	$11K	$191K	10x	as long as short
Extended SPCX-USD	+0.0096%	1h	152.69	+0.041%	$723K	$5.4M	10x	as long as short
Binance SPCXUSDT	+0.0099%	8h	152.78	+0.095%	$252.9M	$1.37B	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.65	+0.013%	$169K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.59	−0.026%	$13.0M	$5.9M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.70	+0.046%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.74	+0.072%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.70	+0.046%	$89	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0107%	8h	152.80	+0.111%	$39.4M	$168.7M	75x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.69	+0.043%	$382K	$507K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.68	+0.033%	$448K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.67	+0.026%	$687K	$1.0M	10x	as long as short
Aster SPCXUSD1	+0.0399%	8h	152.90	+0.176%	$19.0M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.78	+0.098%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0726%	4h	152.71	+0.055%	$1.7M	$890K	20x	as long as short