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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.018%
Price spread now: ApeX Omni against Lighter+0.052%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$290.287% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.134%+$13 on $10k
Price spread, last 4 days (all we have)+0.221%+$22 · spread now +0.052%, 7d avg +0.026%
Together, before fees+0.355%+ Points / potential airdropLighter: Season 3 · farm board+$36 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.026% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.026%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SPCX153.040.0032pay 0.0004% / 1h17m 13s$1.6M$7.3M20x
ShortApeX Omni SPCXUSDT153.120.0100get 0.0013% / 1h17m 13s$58K$271K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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
$14.28
Price spread: +0.052% → +0.026%
$2.61
Slippage, 4 orders
−$18.7
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$11.81
Costs to cover
0.287%
Break-even
12.8 days
Slippage from Lighter: live order book, 6 min ago; ApeX Omni: live order book, 40 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 Lighter live order book, 6 min ago0.65 bp0.7 bp −$11.2 bp −$126.4 bp −$636doesn't fit
Sell ApeX Omni live order book, 40 min ago7.51 bp13.6 bp −$1452.0 bp −$520doesn't fitdoesn'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 −0.0253% / S +0.0486%1h153.04+0.003%$91K20xas long as short
Bybit SPCXUSDT0.0000%8h153.09+0.033%$30.8M$42.9M100xas long as short
Gate SPCX_USDT0.0000%8h153.07+0.020%$96.3M$31.3M100xas long as short
Bitget SPCXUSDT0.0000%8h153.13+0.059%$31.7M$65.3M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+12.734%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h153.00−0.026%$302K$2.9M20xas long as short
SunX SPCX-USDT0.0000%8h153.34+0.196%$8K$939K10xas long as short
HTX SPCX-USDT0.0000%8h153.15+0.072%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0022%1h153.04−0.002%$8K$8K10xas long as short
BloFin SPCX-USDT+0.0026%8h153.09+0.033%$1.9M$1.4M75xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SPCXlong+0.0032%1h153.04long leg$1.6M$7.3M20x
Lighter RH SPCX+0.0032%1h153.01−0.020%$2.5M$7.3M20xas long as short
Arcus SPCX-USD+0.0040%1h153.02−0.013%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h153.09+0.033%$1.2M10xas long as short
QFEX SPCX-USD+0.0046%1h153.05+0.007%$1.2M$6.0M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h153.03−0.007%$499K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h153.06+0.013%$1.7M$97K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.10+0.039%$533K$393K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.91−0.085%$3.2M$2.5M10xas long as short
Paradex SPCX-USD-PERP+0.0061%8h153.10+0.040%$1015xas long as short
Pacifica SPCX+0.0100%1h152.99−0.033%$169K$130K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h153.01−0.020%$13.0M$5.4M20xas long as short
ApeX Omni SPCXUSDTshort+0.0100%1h153.12+0.052%$58K$271K50x
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.09+0.033%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h153.07+0.022%$8910xas long as short
tradeXYZ xyz:SPCX+0.0107%1h153.040.000%$141.4M$119.0M20xas long as short
Bullet SPCX-USD+0.0110%1h153.09+0.032%$11K$191K10xas long as short
Nado SPCX-PERP+0.0131%1h153.00−0.027%$617K$821K20xas long as short
Variational Omni SPCX+0.0133%8h153.09+0.031%$6.0M$3.0Mas long as short
Deribit SPCX_USDC-PERPETUAL+0.0142%1h153.040.000%$78K$1.2M10xas long as short
Extended SPCX-USD+0.0144%1h153.05+0.006%$734K$3.8M10xas long as short
Binance SPCXUSDT+0.0146%8h153.09+0.033%$251.1M$1.37B75xas long as short
OKX SPCX-USDT-SWAP+0.0146%8h153.13+0.059%$39.5M$166.8M75xas long as short
RISEx SPCX/USDC+0.0191%1h153.12+0.053%$410K$530K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0256%1h153.10+0.039%$738K$926K10xas long as short
Phoenix SPCX+0.0261%1h153.09+0.033%$445K$268K15xas long as short
Aster SPCXUSD1+0.0408%8h153.18+0.089%$19.0M$21.1M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h153.50+0.301%$9K$28K5.5xas long as short
edgeX SPCXUSDC+0.0903%4h153.08+0.024%$1.7M$893K20xas long as short