SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0304%/8h= +33.3% APRnext payment +$0.38 per $10,000 · paid last 24h +0.072%

Price spread now: Lighter against GMX−0.029%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.029% cheaper against GMX than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 8 hours of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX SPCX/USD [ETH-USDC]	152.60	L −0.0272% / S +0.0488%	get 0.0034% / 1h	14m 07s	$88K	—	20x
Short	Lighter SPCX	152.56	0.0032	get 0.0004% / 1h	14m 07s	$1.7M	$7.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against GMX. 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 GMXbpFee LighterbpOrdersPrice spread, now −0.029%Rate

Funding earned: $63.79
Price spread: −0.029% → 0.000%: −$2.95
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: $48.84
Costs to cover: 0.120%
Break-even: 1.6 days

Slippage unknown: GMX: no order-book sample; Lighter: live order book, 4 min ago. Net counts fees only.

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 GMX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 4 min ago	0.66 bp	0.7 bp −$1	1.2 bp −$12	8.0 bp −$796	doesn't fit

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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]long	L −0.0272% / S +0.0488%	1h	152.60	long leg	$88K	—	20x
Gate SPCX_USDT	0.0000%	8h	152.62	+0.010%	$96.5M	$30.9M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.51	+13.046%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.64	+0.023%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.80	+0.128%	$8K	$977K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.62	+0.010%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	152.59	−0.012%	$7K	$10K	10x	as long as short
Lighter SPCXshort	+0.0032%	1h	152.56	−0.029%	$1.7M	$7.2M	20x
Lighter RH SPCX	+0.0032%	1h	152.56	−0.029%	$2.5M	$7.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.044%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SPCX-USD-PERP	+0.0046%	1h	152.57	−0.023%	—	$1.1M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.59	−0.010%	$488K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.61	+0.003%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.63	+0.016%	$538K	$404K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.45	−0.102%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0066%	1h	152.61	+0.003%	$1.2M	$7.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0068%	8h	152.61	+0.005%	$101	—	5x	as long as short
BloFin SPCX-USDT	+0.0075%	8h	152.63	+0.016%	$1.9M	$1.4M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.53	−0.049%	$175K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.54	−0.043%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.65	+0.029%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.64	+0.023%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.63	+0.020%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0107%	1h	152.64	+0.023%	$11K	$188K	10x	as long as short
Bybit SPCXUSDT	+0.0140%	8h	152.65	+0.029%	$30.8M	$42.4M	100x	as long as short
tradeXYZ xyz:SPCX	+0.0158%	1h	152.59	−0.010%	$130.4M	$107.7M	20x	as long as short
Variational Omni SPCX	+0.0175%	8h	152.59	−0.012%	$6.0M	$3.9M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0184%	8h	152.65	+0.029%	$38.9M	$168.5M	75x	as long as short
Extended SPCX-USD	+0.0192%	1h	152.61	+0.002%	$739K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0196%	8h	152.64	+0.023%	$255.5M	$1.38B	75x	as long as short
Arcus SPCX-USD	+0.0227%	1h	152.56	−0.029%	$106K	$296K	5x	as long as short
Nado SPCX-PERP	+0.0242%	1h	152.50	−0.068%	$624K	$872K	20x	as long as short
Aster SPCXUSD1	+0.0248%	8h	152.71	+0.066%	$19.0M	$21.8M	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	152.63	+0.016%	$741K	$947K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.60	−0.003%	$445K	$196K	15x	as long as short
Bitget SPCXUSDT	+0.0315%	8h	152.65	+0.029%	$31.0M	$66.5M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0406%	1h	152.60	−0.003%	$70K	$1.1M	10x	as long as short
RISEx SPCX/USDC	+0.0543%	1h	152.67	+0.042%	$402K	$548K	20x	as long as short
edgeX SPCXUSDC	+0.0836%	4h	152.59	−0.012%	$1.7M	$894K	20x	as long as short