SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.07 per $10,000 · paid last 24h +0.018%

Price spread now: Pacifica against Lighter−0.026%7-day average −0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$140.137% of the position

Long on Lighter Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.026%, 7d avg −0.035%

Together, before fees+0.017%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.035%, 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	152.34	0.0152	pay 0.0019% / 1h	6m 20s	$1.6M	$7.4M	20x
Short	Pacifica SPCX	152.30	0.0100	get 0.0013% / 1h	6m 20s	$168K	$120K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.026%Rate

Funding earned: −$10.92
Price spread: −0.026% → −0.035%: $0.86
Slippage, 4 orders: −$5.65
Fee Lighter: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$23.71
Costs to cover: 0.137%
Break-even: never at this rate

Slippage from Lighter: live order book, 7 min ago; Pacifica: live order book, 36 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	1.0 bp −$1	1.6 bp −$16	7.1 bp −$706	doesn't fit
Sell Pacifica live order book, 36 min ago	0.33 bp	6.5 bp −$6	doesn't fit	doesn't fit	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	152.31	−0.023%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.37	+0.020%	$96.1M	$32.0M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.42	+0.053%	$31.2M	$66.0M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.254%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.38	+0.026%	$300K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.61	+0.177%	$8K	$895K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.46	+0.079%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0014%	8h	152.40	+0.039%	$30.6M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0023%	8h	152.40	+0.039%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0028%	1h	152.29	−0.031%	$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 SPCX	+0.0032%	1h	152.32	−0.013%	$2.5M	$7.3M	20x	as long as short
QFEX SPCX-USD	+0.0038%	1h	152.36	+0.013%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.31	−0.020%	$103K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.30	−0.026%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.36	+0.013%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.40	+0.039%	$530K	$377K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.22	−0.079%	$3.2M	$2.2M	10x	as long as short
RISEx SPCX/USDC	+0.0072%	1h	152.41	+0.049%	$392K	$507K	20x	as long as short
Pacifica SPCXshort	+0.0100%	1h	152.30	−0.026%	$168K	$120K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	152.25	−0.059%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.40	+0.039%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.40	+0.039%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.39	+0.034%	$88	—	10x	as long as short
tradeXYZ xyz:SPCX	+0.0122%	1h	152.30	−0.026%	$130.1M	$129.0M	20x	as long as short
Variational Omni SPCX	+0.0126%	8h	152.36	+0.011%	$5.9M	$2.8M	—	as long as short
Paradex SPCX-USD-PERP	+0.0134%	8h	152.41	+0.044%	$101	—	5x	as long as short
Binance SPCXUSDT	+0.0144%	8h	152.40	+0.042%	$252.0M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.36	+0.016%	$724K	$3.6M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0144%	1h	152.35	+0.007%	$487K	$1.2M	10x	as long as short
Lighter SPCXlong	+0.0152%	1h	152.34	long leg	$1.6M	$7.4M	20x
OKX SPCX-USDT-SWAP	+0.0152%	8h	152.42	+0.053%	$39.5M	$166.6M	75x	as long as short
edgeX SPCXUSDC	+0.0185%	4h	152.37	+0.021%	$1.7M	$891K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.28	−0.039%	$732K	$923K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.36	+0.013%	$443K	$266K	15x	as long as short
Nado SPCX-PERP	+0.0266%	1h	152.25	−0.058%	$626K	$805K	20x	as long as short
Bullet SPCX-USD	+0.0304%	1h	152.40	+0.039%	$11K	$192K	10x	as long as short
Aster SPCXUSD1	+0.0406%	8h	152.49	+0.099%	$18.9M	$29.4M	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0407%	1h	152.33	−0.007%	$90K	$1.3M	10x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.77	+0.282%	$9K	$28K	5.5x	as long as short