Funding you earn now, next payment 03:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.009%
Price spread now: Paradex against Lighter+0.022%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · Paradex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and Paradex is 0.022% dearer against Lighter than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SPCX | 153.00 | 0.0064 | pay 0.0008% / 1h | 5m 15s | $1.6M | $7.2M | 20x |
| Short | Paradex SPCX-USD-PERP | 153.03 | 0.0075 | get 0.0075% / 8h | 5h 05m | $101 | — | 5x |
Lighter SPCX
Paradex SPCX-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $2.38
- Price spread: +0.022% → 0.000%
- $2.25
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $0.63
- Costs to cover
- 0.040%
- Break-even
- 5.2 days
Slippage unknown: Lighter: live order book, 3 min ago; Paradex: no order-book sample. Net counts fees only.
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, 3 min ago | 0.65 bp | 0.7 bp −$1 | 2.0 bp −$20 | 7.7 bp −$765 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0333% / S +0.0531% | 1h | 153.00 | −0.003% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.01 | +0.007% | $96.2M | $31.3M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 153.06 | +0.039% | $31.7M | $65.5M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.761% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.96 | −0.026% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.24 | +0.157% | $8K | $936K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.08 | +0.052% | $1.3M | $1.7M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0020% | 8h | 153.03 | +0.020% | $30.8M | $42.9M | 100x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.99 | −0.005% | $8K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.95 | −0.033% | $2.5M | $7.2M | 20x | as long as short |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Bybit SPCXUSDT
Aftermath Perps SPCXUSD
Lighter RH SPCXShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus SPCX-USD | +0.0040% | 1h | 152.96 | −0.026% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.01 | +0.007% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0048% | 1h | 153.01 | +0.007% | $1.2M | $6.4M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.98 | −0.013% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.00 | 0.000% | $1.7M | $94K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.00 | 0.000% | $532K | $400K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.88 | −0.078% | $3.2M | $2.5M | 10x | as long as short |
| BloFin SPCX-USDT | +0.0060% | 8h | 153.03 | +0.020% | $1.9M | $1.4M | 75x | as long as short |
| Lighter SPCXlong | +0.0064% | 1h | 153.00 | long leg | $1.6M | $7.2M | 20x | |
| Paradex SPCX-USD-PERPshort | +0.0075% | 8h | 153.03 | +0.022% | $101 | — | 5x | |
| Pacifica SPCX | +0.0100% | 1h | 152.92 | −0.052% | $169K | $130K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.94 | −0.039% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.95 | −0.033% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.03 | +0.020% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.02 | +0.013% | $89 | — | 10x | as long as short |
| Variational Omni SPCX | +0.0167% | 8h | 153.01 | +0.003% | $6.0M | $3.1M | — | as long as short |
| Bullet SPCX-USD | +0.0170% | 1h | 153.03 | +0.023% | $11K | $191K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0173% | 8h | 153.05 | +0.033% | $39.5M | $167.1M | 75x | as long as short |
| Binance SPCXUSDT | +0.0180% | 8h | 153.03 | +0.020% | $252.5M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0184% | 1h | 152.99 | −0.006% | $734K | $3.8M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0188% | 1h | 152.99 | −0.007% | $142.0M | $118.9M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0199% | 1h | 153.06 | +0.036% | $410K | $532K | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0208% | 1h | 152.99 | −0.007% | $73K | $1.2M | 10x | as long as short |
| Nado SPCX-PERP | +0.0221% | 1h | 152.94 | −0.040% | $617K | $826K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.04 | +0.026% | $738K | $979K | 10x | as long as short |
| Phoenix SPCX | +0.0262% | 1h | 153.03 | +0.020% | $445K | $267K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0415% | 8h | 153.12 | +0.077% | $19.0M | $17.2M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.28 | +0.183% | $9K | $27K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0447% | 4h | 153.03 | +0.016% | $1.7M | $892K | 20x | as long as short |
Arcus SPCX-USD
Vest SPCX-USD-PERP
QFEX SPCX-USD
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
BloFin SPCX-USDT
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Variational Omni SPCX
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Binance SPCXUSDT
Extended SPCX-USD
tradeXYZ xyz:SPCX
RISEx SPCX/USDC
Deribit SPCX_USDC-PERPETUAL
Nado SPCX-PERP
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC