Settings8H · net · $10k
Funding arb · Price arb /

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0088%/8h= −9.6% APRnext payment $0.11 per $10,000 · paid last 24h −0.010%
Price spread now: Lighter against Extended−0.033%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$80.084% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 7 days+0.167%+$17 · spread now −0.033%, 7d avg +0.044%
Together, before fees+0.182%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter is 0.077% cheaper against Extended than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.044%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SPCX-USD152.440.0120pay 0.0015% / 1h34m 41s$731K$4.6M10x
ShortLighter SPCX152.390.0032get 0.0004% / 1h34m 41s$1.6M$7.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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

Funding earned
−$18.48
Price spread: −0.033% → +0.044%
−$7.65
Slippage, 4 orders
−$3.4
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
−$34.53
Costs to cover
0.084%
Break-even
never at this rate
Slippage from Extended: live order book, 4 min ago; Lighter: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Extended live order book, 4 min ago0.99 bp3.5 bp −$36.2 bp −$62doesn't fitdoesn't fit
Sell Lighter live order book, 4 min ago0.33 bp0.7 bp −$12.3 bp −$2311.5 bp −$1,151doesn't fit

SPCX on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SPCX/USD [ETH-USDC]L −0.0187% / S +0.0435%1h152.41−0.016%$90K20xas long as short
Bybit SPCXUSDT0.0000%8h152.46+0.013%$30.6M$42.7M100xas long as short
Gate SPCX_USDT0.0000%8h152.440.000%$96.1M$31.7M100xas long as short
Bitget SPCXUSDT0.0000%8h152.49+0.033%$31.3M$65.8M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+13.175%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.54+0.066%$300K$2.8M20xas long as short
SunX SPCX-USDT0.0000%8h152.73+0.191%$8K$910K10xas long as short
HTX SPCX-USDT0.0000%8h152.60+0.105%$1.3M$1.8M75xas long as short
BloFin SPCX-USDT+0.0002%8h152.54+0.066%$1.9M$1.2M75xas long as short
Aftermath Perps SPCXUSD+0.0023%1h152.40−0.023%$7K$8K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SPCXshort+0.0032%1h152.39−0.033%$1.6M$7.4M20x
Lighter RH SPCX+0.0032%1h152.36−0.052%$2.5M$7.3M20xas long as short
Arcus SPCX-USD+0.0040%1h152.41−0.019%$105K$297K5xas long as short
QFEX SPCX-USD+0.0043%1h152.50+0.040%$1.2M$5.6M10xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.49+0.033%$1.2M10xas long as short
tradeXYZ xyz:SPCX+0.0050%1h152.35−0.059%$130.9M$128.6M20xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.48+0.027%$487K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.48+0.027%$1.7M$99K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.54+0.066%$531K$387K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.29−0.098%$3.2M$2.3M10xas long as short
Paradex SPCX-USD-PERP+0.0061%8h152.47+0.017%$1015xas long as short
Pacifica SPCX+0.0100%1h152.35−0.059%$169K$118K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.37−0.046%$13.0M$5.4M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.45+0.007%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.54+0.066%$14K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.52+0.052%$8810xas long as short
Variational Omni SPCX+0.0115%8h152.49+0.034%$6.0M$2.8Mas long as short
Extended SPCX-USDlong+0.0120%1h152.44long leg$731K$4.6M10x
Binance SPCXUSDT+0.0122%8h152.46+0.013%$250.6M$1.36B75xas long as short
Nado SPCX-PERP+0.0125%1h152.45+0.006%$614K$802K20xas long as short
OKX SPCX-USDT-SWAP+0.0131%8h152.440.000%$39.3M$166.2M75xas long as short
Bullet SPCX-USD+0.0162%1h152.53+0.059%$11K$193K10xas long as short
RISEx SPCX/USDC+0.0238%1h152.54+0.065%$408K$513K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0248%1h152.440.000%$739K$923K10xas long as short
Phoenix SPCX+0.0263%1h152.39−0.033%$443K$266K15xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0275%1h152.51+0.046%$87K$1.3M10xas long as short
Aster SPCXUSD1+0.0380%8h152.57+0.087%$18.9M$24.7M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h152.75+0.204%$9K$28K5.5xas long as short
edgeX SPCXUSDC+0.0464%4h152.49+0.036%$1.7M$892K20xas long as short