SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.019%

Price spread now: Lighter RH against Arcus+0.007%7-day average +0.021% · 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−$27as in the Price arb table

costs, in and out, $10k−$250.251% of the position

Long on Arcus Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.030%−$3 on $10k

Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.007%, 7d avg +0.021%

Together, before fees−0.040%+ Points / potential airdropLighter RH: Points live · farm board−$4 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	153.02	0.0040	pay 0.0005% / 1h	19m 56s	$105K	$297K	5x
Short	Lighter RH SPCX	153.03	0.0032	get 0.0004% / 1h	19m 56s	$2.5M	$7.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$1.74
Price spread: +0.007% → +0.021%: −$1.47
Slippage, 4 orders: −$20.6
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$28.31
Costs to cover: 0.251%
Break-even: never at this rate

Slippage from Arcus: live order book, 39 min ago; Lighter RH: live order book, 4 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, 39 min ago	6.21 bp	11.8 bp −$12	15.7 bp −$157	doesn't fit	doesn't fit
Sell Lighter RH live order book, 4 min ago	1.63 bp	1.7 bp −$2	3.3 bp −$33	33.9 bp −$3,389	doesn't fit

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 −0.0253% / S +0.0486%	1h	153.06	+0.029%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.10	+0.052%	$30.8M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.08	+0.039%	$96.3M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.13	+0.072%	$31.7M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.747%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	153.02	0.000%	$302K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.35	+0.216%	$8K	$938K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.14	+0.078%	$1.3M	$1.7M	75x	as long as short
edgeX SPCXUSDC	0.0000%	4h	153.08	+0.041%	$1.7M	$892K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0011%	1h	153.05	+0.020%	$77K	$1.2M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0022%	1h	153.02	+0.002%	$8K	$8K	10x	as long as short
BloFin SPCX-USDT	+0.0029%	8h	153.11	+0.059%	$1.9M	$1.4M	75x	as long as short
Lighter SPCX	+0.0032%	1h	153.06	+0.026%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCXshort	+0.0032%	1h	153.03	+0.007%	$2.5M	$7.3M	20x
Arcus SPCX-USDlong	+0.0040%	1h	153.02	long leg	$105K	$297K	5x
Vest SPCX-USD-PERP	+0.0046%	1h	153.09	+0.046%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.05	+0.020%	$1.2M	$6.0M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.04	+0.013%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.07	+0.033%	$1.7M	$97K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.10	+0.052%	$533K	$393K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.98	−0.026%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0061%	8h	153.11	+0.056%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	153.00	−0.013%	$169K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.02	0.000%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.01	−0.007%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.10	+0.052%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.10	+0.050%	$89	—	10x	as long as short
tradeXYZ xyz:SPCX	+0.0106%	1h	153.05	+0.020%	$141.4M	$119.0M	20x	as long as short
Bullet SPCX-USD	+0.0106%	1h	153.11	+0.057%	$11K	$191K	10x	as long as short
Nado SPCX-PERP	+0.0130%	1h	153.03	+0.006%	$617K	$821K	20x	as long as short
Variational Omni SPCX	+0.0133%	8h	153.09	+0.044%	$6.0M	$3.0M	—	as long as short
Extended SPCX-USD	+0.0144%	1h	153.05	+0.020%	$734K	$3.8M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0147%	8h	153.12	+0.065%	$39.5M	$166.8M	75x	as long as short
Binance SPCXUSDT	+0.0148%	8h	153.09	+0.049%	$251.1M	$1.37B	75x	as long as short
RISEx SPCX/USDC	+0.0191%	1h	153.13	+0.075%	$410K	$530K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.10	+0.052%	$738K	$926K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.10	+0.052%	$445K	$268K	15x	as long as short
Aster SPCXUSD1	+0.0409%	8h	153.17	+0.100%	$19.0M	$21.1M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.50	+0.314%	$9K	$28K	5.5x	as long as short