SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0176%/8h= +19.3% APRnext payment +$0.22 per $10,000 · paid last 24h +0.002%

Price spread now: Extended against Lighter+0.002%7-day average −0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2as in the Price arb table

costs, in and out, $10k−$70.068% of the position

Long on Lighter Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.022%−$2 on $10k

Price spread, last 7 days−0.041%−$4 · spread now +0.002%, 7d avg −0.045%

Together, before fees−0.063%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Extended is 0.047% dearer against Lighter than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SPCX	152.96	0.0032	pay 0.0004% / 1h	1m 35s	$1.6M	$7.2M	20x
Short	Extended SPCX-USD	152.96	0.0208	get 0.0026% / 1h	1m 35s	$736K	$3.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee LighterbpFee ExtendedbpOrdersPrice spread, now +0.002%Rate

Funding earned: $36.96
Price spread: +0.002% → −0.045%: $4.74
Slippage, 4 orders: −$1.77
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $34.94
Costs to cover: 0.068%
Break-even: 0.4 days

Slippage from Lighter: live order book, 7 min ago; Extended: live order book, 2 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, 7 min ago	0.33 bp	0.3 bp $0	1.4 bp −$14	11.8 bp −$1,178	doesn't fit
Sell Extended live order book, 2 min ago	0.33 bp	2.8 bp −$3	5.5 bp −$55	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 −0.0333% / S +0.0531%	1h	152.99	+0.016%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.98	+0.013%	$96.0M	$31.4M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.790%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.94	−0.013%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.24	+0.183%	$8K	$941K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.94	−0.013%	$72K	$1.1M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.04	+0.052%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0024%	1h	152.93	−0.017%	$7K	$8K	10x	as long as short
Lighter SPCXlong	+0.0032%	1h	152.96	long leg	$1.6M	$7.2M	20x
Lighter RH SPCX	+0.0032%	1h	152.93	−0.020%	$2.5M	$7.3M	20x	as long as short

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPCX/USDC PERP	+0.0033%	1h	153.35	+0.255%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.93	−0.020%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.00	+0.026%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	152.98	+0.013%	$1.2M	$6.7M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.95	−0.007%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.99	+0.020%	$1.7M	$91K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.99	+0.020%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.84	−0.078%	$3.2M	$2.5M	10x	as long as short
Bybit SPCXUSDT	+0.0061%	8h	153.01	+0.033%	$30.8M	$42.9M	100x	as long as short
Paradex SPCX-USD-PERP	+0.0080%	8h	153.01	+0.032%	$101	—	5x	as long as short
Bitget SPCXUSDT	+0.0082%	8h	153.04	+0.052%	$31.7M	$66.2M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.90	−0.039%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.91	−0.033%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	−0.020%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.01	+0.033%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.00	+0.024%	$89	—	10x	as long as short
edgeX SPCXUSDC	+0.0136%	4h	152.98	+0.014%	$1.7M	$893K	20x	as long as short
Bullet SPCX-USD	+0.0168%	1h	153.01	+0.031%	$11K	$189K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0182%	1h	152.98	+0.013%	$142.3M	$119.1M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0189%	8h	153.02	+0.039%	$39.4M	$168.2M	75x	as long as short
Variational Omni SPCX	+0.0201%	8h	152.96	−0.001%	$6.0M	$3.1M	—	as long as short
Extended SPCX-USDshort	+0.0208%	1h	152.96	+0.002%	$736K	$3.8M	10x
Binance SPCXUSDT	+0.0210%	8h	153.00	+0.026%	$252.6M	$1.37B	75x	as long as short
Nado SPCX-PERP	+0.0235%	1h	152.93	−0.021%	$622K	$835K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	152.97	+0.007%	$738K	$972K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	152.96	0.000%	$445K	$270K	15x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.03	+0.046%	$408K	$549K	20x	as long as short
Aster SPCXUSD1	+0.0410%	8h	153.10	+0.093%	$19.0M	$15.2M	20x	as long as short