SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.09 per $10,000 · paid last 24h −0.003%

Price spread now: Lighter RH against Lighter−0.007%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$6as in the Funding arb table

Net, price: spread back to 7d avg − costs−$4as in the Price arb table

costs, in and out, $10k−$50.051% of the position

Long on Lighter Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 7 days−0.029%−$3 · spread now −0.007%, 7d avg −0.017%

Together, before fees−0.043%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SPCX	152.59	0.0104	pay 0.0013% / 1h	49m 47s	$1.6M	$7.3M	20x
Short	Lighter RH SPCX	152.58	0.0032	get 0.0004% / 1h	49m 47s	$2.5M	$7.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH 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 Lighter RHbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$15.12
Price spread: −0.007% → −0.017%: $1.06
Slippage, 4 orders: −$5.09
Fee Lighter: 0 bp × 2 orders: $0
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$19.15
Costs to cover: 0.051%
Break-even: never at this rate

Slippage from Lighter: live order book, 4 min ago; Lighter RH: live order book, 4 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, 4 min ago	0.66 bp	0.7 bp −$1	1.9 bp −$19	8.6 bp −$856	doesn't fit
Sell Lighter RH live order book, 4 min ago	1.64 bp	2.0 bp −$2	3.1 bp −$31	26.9 bp −$2,689	doesn't fit

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 −0.0187% / S +0.0435%	1h	152.53	−0.043%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0023%	8h	152.62	+0.020%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.65	+0.039%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.61	+0.013%	$96.2M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.64	+0.033%	$31.2M	$66.0M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.068%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.67	+0.052%	$300K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.84	+0.164%	$8K	$897K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.69	+0.066%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0020%	1h	152.52	−0.044%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH SPCXshort	+0.0032%	1h	152.58	−0.007%	$2.5M	$7.2M	20x
QFEX SPCX-USD	+0.0038%	1h	152.58	−0.007%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.53	−0.039%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.56	−0.020%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.57	−0.013%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.60	+0.007%	$1.7M	$96K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.54	−0.033%	$531K	$383K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.44	−0.098%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0070%	8h	152.66	+0.045%	$101	—	5x	as long as short
RISEx SPCX/USDC	+0.0072%	1h	152.63	+0.026%	$408K	$498K	20x	as long as short
Variational Omni SPCX	+0.0079%	8h	152.62	+0.020%	$6.0M	$2.8M	—	as long as short
tradeXYZ xyz:SPCX	+0.0080%	1h	152.53	−0.039%	$130.1M	$129.0M	20x	as long as short
Extended SPCX-USD	+0.0096%	1h	152.60	+0.006%	$732K	$4.6M	10x	as long as short
Binance SPCXUSDT	+0.0099%	8h	152.65	+0.039%	$250.5M	$1.36B	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.54	−0.033%	$169K	$118K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.50	−0.059%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.63	+0.026%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.61	+0.013%	$15K	$7K	10x	as long as short
Lighter SPCXlong	+0.0104%	1h	152.59	long leg	$1.6M	$7.3M	20x
Aevo SPCX-PERP	+0.0104%	1h	152.61	+0.013%	$89	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0112%	8h	152.67	+0.052%	$39.6M	$166.9M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.62	+0.020%	$726K	$932K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.55	−0.026%	$443K	$266K	15x	as long as short
Nado SPCX-PERP	+0.0215%	1h	152.45	−0.091%	$613K	$801K	20x	as long as short
Bullet SPCX-USD	+0.0249%	1h	152.63	+0.029%	$11K	$192K	10x	as long as short
Aster SPCXUSD1	+0.0358%	8h	152.75	+0.105%	$18.9M	$25.9M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.89	+0.197%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0471%	1h	152.61	+0.013%	$89K	$1.3M	10x	as long as short
edgeX SPCXUSDC	+0.0570%	4h	152.58	−0.009%	$1.7M	$892K	20x	as long as short