Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h −0.028%

Price spread now: Lighter RH against Bitget−0.079%7-day average −0.070% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$180.179% of the position

Long on Bitget Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days+0.014%+$1 · spread now −0.079%, 7d avg −0.070%

Together, before fees0.000%+ Points / potential airdropLighter RH: Points live · farm board$0 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.070%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SPCXUSDT	152.76	0	get 0.0000% / 8h	7h 02m	$31.1M	$66.7M	75x
Short	Lighter RH SPCX	152.64	0.0032	get 0.0004% / 1h	2m 38s	$2.5M	$7.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Bitget. 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 BitgetbpFee Lighter RHbpOrdersPrice spread, now −0.079%Rate

Funding earned: $6.72
Price spread: −0.079% → −0.070%: −$0.85
Slippage, 4 orders: −$5.93
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$12.06
Costs to cover: 0.179%
Break-even: 19.6 days

Slippage from Bitget: live order book, 1 min ago; Lighter RH: 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 Bitget live order book, 1 min ago	0.33 bp	6.6 bp −$7	8.5 bp −$85	25.5 bp −$2,553	37.9 bp −$18.9K
Sell Lighter RH live order book, 6 min ago	0.33 bp	2.9 bp −$3	3.7 bp −$37	28.4 bp −$2,838	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	152.63	−0.088%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0018%	8h	152.67	−0.059%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.74	−0.013%	$30.5M	$43.2M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.71	−0.033%	$96.1M	$32.8M	100x	as long as short
Bitget SPCXUSDTlong	0.0000%	8h	152.76	long leg	$31.1M	$66.7M	75x
StandX SPCX-USD	0.0000%	1h	152.66	−0.065%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.92	+0.105%	$8K	$842K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.65	−0.072%	$82K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.74	−0.013%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0016%	1h	152.60	−0.108%	$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 SPCX	+0.0032%	1h	152.67	−0.059%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCXshort	+0.0032%	1h	152.64	−0.079%	$2.5M	$7.3M	20x
QFEX SPCX-USD	+0.0035%	1h	152.68	−0.052%	$1.2M	$5.4M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.63	−0.085%	$103K	$295K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.69	−0.046%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.66	−0.065%	$129.7M	$130.2M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.63	−0.085%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.65	−0.072%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.64	−0.079%	$531K	$363K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.53	−0.151%	$3.1M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0057%	8h	152.72	−0.027%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0088%	8h	152.69	−0.046%	$5.9M	$2.7M	—	as long as short
Nado SPCX-PERP	+0.0095%	1h	152.64	−0.082%	$633K	$808K	20x	as long as short
Extended SPCX-USD	+0.0096%	1h	152.68	−0.051%	$723K	$5.4M	10x	as long as short
Bullet SPCX-USD	+0.0099%	1h	152.69	−0.048%	$11K	$191K	10x	as long as short
Binance SPCXUSDT	+0.0099%	8h	152.73	−0.022%	$252.9M	$1.37B	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.65	−0.072%	$169K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.56	−0.131%	$13.0M	$5.9M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.70	−0.039%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.68	−0.052%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.67	−0.058%	$89	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0107%	8h	152.78	+0.013%	$39.4M	$168.6M	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	−0.052%	$448K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.67	−0.059%	$687K	$1.0M	10x	as long as short
Aster SPCXUSD1	+0.0399%	8h	152.85	+0.059%	$19.0M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.78	+0.013%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0726%	4h	152.71	−0.030%	$1.7M	$890K	20x	as long as short