Funding you earn now, next payment 09:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.015%
Price spread now: Arcus against Lighter+0.007%7-day average −0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$230.234% of the position
Funding, last 4 days (all we have)+0.026%+$3 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.007%, 7d avg −0.037%
=Together, before fees+0.059%+ Points / potential airdropLighter: Season 3 · farm board+$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Arcus is 0.043% dearer against Lighter than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SPCX | 152.18 | 0.0032 | pay 0.0004% / 1h | 47m 41s | $1.6M | $7.3M | 20x |
| Short | Arcus SPCX-USD | 152.19 | 0.0040 | get 0.0005% / 1h | 47m 41s | $102K | $299K | 5x |
Lighter SPCX
Arcus SPCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Lighter. 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
- $1.74
- Price spread: +0.007% → −0.037%
- $4.32
- Slippage, 4 orders
- −$18.86
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$17.3
- Costs to cover
- 0.234%
- Break-even
- 76.7 days
Slippage from Lighter: live order book, 6 min ago; Arcus: live order book, 51 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 Lighter live order book, 6 min ago | 0.66 bp | 1.1 bp −$1 | 1.6 bp −$16 | 10.0 bp −$1,002 | doesn't fit |
| Sell Arcus live order book, 51 min ago | 6.90 bp | 10.8 bp −$11 | 13.9 bp −$139 | doesn't fit | 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 | 152.18 | −0.003% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0011% | 8h | 152.27 | +0.059% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.25 | +0.046% | $30.4M | $43.0M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.20 | +0.013% | $96.1M | $32.0M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.26 | +0.053% | $31.0M | $66.7M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.28 | +0.066% | $300K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.52 | +0.223% | $8K | $862K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.16 | −0.013% | $87K | $1.4M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.34 | +0.105% | $1.3M | $1.8M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0021% | 1h | 152.20 | +0.011% | $7K | $7K | 10x | as long as short |
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
StandX SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDT
Aftermath Perps SPCXUSDShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCXlong | +0.0032% | 1h | 152.18 | long leg | $1.6M | $7.3M | 20x | |
| Lighter RH SPCX | +0.0032% | 1h | 152.17 | −0.007% | $2.5M | $7.2M | 20x | as long as short |
| QFEX SPCX-USD | +0.0035% | 1h | 152.23 | +0.033% | $1.2M | $5.5M | 10x | as long as short |
| Bullet SPCX-USD | +0.0040% | 1h | 152.26 | +0.053% | $11K | $191K | 10x | as long as short |
| Arcus SPCX-USDshort | +0.0040% | 1h | 152.19 | +0.007% | $102K | $299K | 5x | |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.25 | +0.046% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.16 | −0.013% | $129.8M | $129.6M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.17 | −0.007% | $488K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.18 | 0.000% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.20 | +0.013% | $529K | $366K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.11 | −0.046% | $3.2M | $2.2M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0065% | 8h | 152.21 | +0.022% | $100 | — | 5x | as long as short |
| Nado SPCX-PERP | +0.0080% | 1h | 152.20 | +0.015% | $635K | $815K | 20x | as long as short |
| Variational Omni SPCX | +0.0092% | 8h | 152.28 | +0.066% | $5.9M | $2.8M | — | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.16 | −0.013% | $168K | $118K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.15 | −0.020% | $13.0M | $5.7M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.38 | +0.131% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.26 | +0.053% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.21 | +0.023% | $88 | — | 10x | as long as short |
| Binance SPCXUSDT | +0.0110% | 8h | 152.24 | +0.039% | $253.4M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0112% | 1h | 152.20 | +0.014% | $725K | $5.3M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0122% | 8h | 152.27 | +0.059% | $39.5M | $167.2M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0190% | 1h | 152.26 | +0.053% | $381K | $506K | 20x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.18 | 0.000% | $447K | $268K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0280% | 1h | 152.13 | −0.033% | $693K | $992K | 10x | as long as short |
| edgeX SPCXUSDC | +0.0311% | 4h | 152.31 | +0.087% | $1.7M | $890K | 20x | as long as short |
| Aster SPCXUSD1 | +0.0381% | 8h | 152.35 | +0.111% | $18.9M | $30.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.57 | +0.256% | $9K | $28K | 5.5x | as long as short |
Lighter RH SPCX
QFEX SPCX-USD
Bullet SPCX-USD
Vest SPCX-USD-PERP
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
Paradex SPCX-USD-PERP
Nado SPCX-PERP
Variational Omni SPCX
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Binance SPCXUSDT
Extended SPCX-USD
OKX SPCX-USDT-SWAP
RISEx SPCX/USDC
Phoenix SPCX
Coinbase International SPCX-PERP-INTX
edgeX SPCXUSDC
Aster SPCXUSD1
Injective SPCX/USDC PERP