SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.017%

Price spread now: Lighter RH against Extended−0.050%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$12as in the Funding arb table

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

costs, in and out, $10k−$120.115% of the position

Long on Extended Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.003%$0 on $10k

Price spread, last 7 days+0.087%+$9 · spread now −0.050%, 7d avg +0.026%

Together, before fees+0.084%+ Points / potential airdropExtended: Active · Lighter RH: Points live · farm board+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter RH is 0.076% cheaper against Extended than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.026%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SPCX-USD	152.03	0.0104	pay 0.0013% / 1h	29m 56s	$725K	$5.3M	10x
Short	Lighter RH SPCX	151.95	0.0032	get 0.0004% / 1h	29m 56s	$2.5M	$7.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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

Position, each leg$Hold fordaysFee ExtendedbpFee Lighter RHbpOrdersPrice spread, now −0.050%Rate

Funding earned: −$15.12
Price spread: −0.050% → +0.026%: −$7.56
Slippage, 4 orders: −$6.54
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$34.22
Costs to cover: 0.115%
Break-even: never at this rate

Slippage from Extended: live order book, 4 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 Extended live order book, 4 min ago	1.32 bp	3.8 bp −$4	7.0 bp −$70	doesn't fit	doesn't fit
Sell Lighter RH live order book, 4 min ago	0.99 bp	2.5 bp −$3	4.2 bp −$42	28.9 bp −$2,890	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	151.96	−0.046%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0018%	8h	152.06	+0.023%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.03	+0.003%	$30.4M	$43.1M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.01	−0.010%	$96.1M	$32.2M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.04	+0.010%	$31.0M	$66.9M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.07	+0.029%	$299K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.56	+0.352%	$8K	$850K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.14	+0.075%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0021%	1h	152.01	−0.012%	$7K	$7K	10x	as long as short
Lighter SPCX	+0.0032%	1h	151.97	−0.037%	$1.6M	$7.4M	20x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCXshort	+0.0032%	1h	151.95	−0.050%	$2.5M	$7.3M	20x
QFEX SPCX-USD	+0.0035%	1h	151.99	−0.023%	$1.2M	$5.4M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	151.99	−0.023%	$102K	$299K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	151.98	−0.030%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	151.96	−0.043%	$129.5M	$129.5M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	151.88	−0.096%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.04	+0.010%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.05	+0.016%	$529K	$363K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	151.91	−0.076%	$3.1M	$2.2M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0061%	8h	152.04	+0.009%	$100	—	5x	as long as short
Variational Omni SPCX	+0.0081%	8h	152.06	+0.023%	$5.9M	$2.8M	—	as long as short
Nado SPCX-PERP	+0.0099%	1h	151.93	−0.062%	$634K	$813K	20x	as long as short
Pacifica SPCX	+0.0100%	1h	151.95	−0.050%	$168K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	151.96	−0.043%	$12.9M	$5.7M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.07	+0.029%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.07	+0.029%	$14K	$7K	10x	as long as short
Binance SPCXUSDT	+0.0100%	8h	152.05	+0.016%	$253.3M	$1.37B	75x	as long as short
Extended SPCX-USDlong	+0.0104%	1h	152.03	long leg	$725K	$5.3M	10x
Aevo SPCX-PERP	+0.0104%	1h	152.04	+0.009%	$88	—	10x	as long as short
Bullet SPCX-USD	+0.0114%	1h	152.07	+0.032%	$10K	$192K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0115%	8h	152.06	+0.023%	$39.3M	$167.3M	75x	as long as short
RISEx SPCX/USDC	+0.0190%	1h	152.09	+0.039%	$380K	$506K	20x	as long as short
Phoenix SPCX	+0.0210%	1h	152.17	+0.095%	$447K	$268K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0280%	1h	152.01	−0.010%	$694K	$997K	10x	as long as short
Aster SPCXUSD1	+0.0381%	8h	152.17	+0.093%	$18.9M	$30.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.51	+0.319%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0455%	4h	152.07	+0.030%	$1.7M	$891K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0474%	1h	152.02	−0.004%	$86K	$1.4M	10x	as long as short