Funding you earn now, next payment 23:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Lighter against Injective−2.983%66s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.001%$0 on $10k
+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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 2.983% cheaper against Injective than usual: you would sell low and buy high, −$298 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SPCX/USDC PERP | 157.25 | 0.0033 | pay 0.0004% / 1h | 25m 55s | $9K | $27K | 5.5x |
| Short | Lighter SPCX | 152.56 | 0.0032 | get 0.0004% / 1h | 25m 55s | $1.7M | $7.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.28
- Price spread: −2.983% → 0.000%
- −$298.25
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$298.55
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 7 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 Injective no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 7 min ago | 0.65 bp | 0.7 bp −$1 | 1.6 bp −$16 | 9.1 bp −$906 | doesn't fit |
Injective: 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] | L −0.0272% / S +0.0488% | 1h | 152.60 | −2.954% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.60 | −2.957% | $96.5M | $30.9M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.51 | +9.706% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.66 | −2.919% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.83 | −2.811% | $8K | $977K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.65 | −2.925% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0023% | 1h | 152.59 | −2.963% | $7K | $10K | 10x | as long as short |
| Lighter SPCXshort | +0.0032% | 1h | 152.56 | −2.983% | $1.7M | $7.2M | 20x | |
| Lighter RH SPCX | +0.0032% | 1h | 152.56 | −2.983% | $2.5M | $7.6M | 20x | as long as short |
| Injective SPCX/USDC PERPlong | +0.0033% | 1h | 157.25 | long leg | $9K | $27K | 5.5x |
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 | 152.59 | −2.963% | — | $1.1M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.62 | −2.944% | $489K | $1.1M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.61 | −2.951% | $1.7M | $79K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.63 | −2.938% | $539K | $404K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.51 | −3.014% | $3.2M | $2.6M | 10x | as long as short |
| QFEX SPCX-USD | +0.0066% | 1h | 152.61 | −2.951% | $1.2M | $7.6M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0069% | 8h | 152.62 | −2.943% | $101 | — | 5x | as long as short |
| BloFin SPCX-USDT | +0.0077% | 8h | 152.64 | −2.932% | $1.9M | $1.4M | 75x | as long as short |
| Bullet SPCX-USD | +0.0077% | 1h | 152.63 | −2.940% | $11K | $189K | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.55 | −2.989% | $175K | $133K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.52 | −3.008% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.54 | −2.995% | $58K | $270K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.65 | −2.925% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.64 | −2.934% | $89 | — | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0133% | 1h | 152.60 | −2.957% | $130.0M | $107.5M | 20x | as long as short |
| Bybit SPCXUSDT | +0.0137% | 8h | 152.65 | −2.925% | $30.8M | $42.3M | 100x | as long as short |
| Variational Omni SPCX | +0.0180% | 8h | 152.64 | −2.934% | $6.0M | $3.9M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0180% | 8h | 152.64 | −2.932% | $38.9M | $168.4M | 75x | as long as short |
| Binance SPCXUSDT | +0.0197% | 8h | 152.63 | −2.938% | $255.5M | $1.38B | 75x | as long as short |
| Extended SPCX-USD | +0.0200% | 1h | 152.60 | −2.955% | $715K | $3.6M | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0209% | 1h | 152.58 | −2.970% | $70K | $1.1M | 10x | as long as short |
| Nado SPCX-PERP | +0.0221% | 1h | 152.52 | −3.010% | $625K | $871K | 20x | as long as short |
| Arcus SPCX-USD | +0.0227% | 1h | 152.56 | −2.983% | $106K | $296K | 5x | as long as short |
| Aster SPCXUSD1 | +0.0245% | 8h | 152.70 | −2.892% | $19.0M | $21.8M | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 152.71 | −2.887% | $741K | $947K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 152.65 | −2.925% | $445K | $196K | 15x | as long as short |
| Bitget SPCXUSDT | +0.0315% | 8h | 152.65 | −2.925% | $31.0M | $66.5M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0543% | 1h | 152.67 | −2.909% | $402K | $541K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0562% | 4h | 152.62 | −2.944% | $1.7M | $891K | 20x | as long as short |
Injective SPCX/USDC PERP
Lighter SPCX
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
BloFin SPCX-USDT
Bullet SPCX-USD
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
tradeXYZ xyz:SPCX
Bybit SPCXUSDT
Variational Omni SPCX
OKX SPCX-USDT-SWAP
Binance SPCXUSDT
Extended SPCX-USD
Deribit SPCX_USDC-PERPETUAL
Aster SPCXUSD1
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Bitget SPCXUSDT
RISEx SPCX/USDC
edgeX SPCXUSDC