SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: QFEX against Lighter−0.007%7-day average +0.003% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$150.150% of the position

Long on Lighter Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.024%−$2 on $10k

Price spread, last 7 days+0.026%+$3 · spread now −0.007%, 7d avg +0.003%

Together, before fees+0.002%+ Points / potential airdropLighter: Season 3 · farm board$0 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SPCX	152.66	0.0032	pay 0.0004% / 1h	56m 51s	$1.6M	$7.4M	20x
Short	QFEX SPCX-USD	152.65	0.0030	get 0.0004% / 1h	56m 51s	$1.2M	$5.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$0.35
Price spread: −0.007% → +0.003%: −$0.93
Slippage, 4 orders: −$5.04
Fee Lighter: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$16.32
Costs to cover: 0.150%
Break-even: never at this rate

Slippage from Lighter: live order book, 5 min ago; QFEX: live order book, 5 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, 5 min ago	0.65 bp	0.7 bp −$1	1.0 bp −$10	10.9 bp −$1,094	doesn't fit
Sell QFEX live order book, 5 min ago	1.64 bp	6.6 bp −$7	6.7 bp −$67	18.4 bp −$1,839	doesn't fit

SPCX on 38 exchanges

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	152.62	−0.029%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0057%	8h	152.74	+0.052%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.73	+0.046%	$30.3M	$43.4M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.71	+0.033%	$96.1M	$32.5M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.79	+0.085%	$31.0M	$67.1M	75x	as long as short
StandX SPCX-USD	0.0000%	1h	152.72	+0.039%	$306K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.96	+0.197%	$8K	$819K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.63	−0.020%	$46K	$1.4M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.80	+0.092%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0020%	1h	152.70	+0.023%	$7K	$7K	10x	as long as short

Show all 38 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SPCX-USDshort	+0.0030%	1h	152.65	−0.007%	$1.2M	$5.4M	10x
Variational Omni SPCX	+0.0031%	8h	152.74	+0.052%	$5.9M	$2.6M	—	as long as short
Lighter SPCXlong	+0.0032%	1h	152.66	long leg	$1.6M	$7.4M	20x
Lighter RH SPCX	+0.0032%	1h	152.64	−0.013%	$2.5M	$7.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	152.78	+0.079%	$9K	$28K	5.5x	as long as short
Bullet SPCX-USD	+0.0034%	1h	152.71	+0.033%	$12K	$191K	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.63	−0.020%	$103K	$294K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.68	+0.013%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.63	−0.020%	$128.4M	$129.8M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.68	+0.013%	$1.7M	$101K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.68	+0.013%	$533K	$365K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.62	−0.026%	$3.0M	$2.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0051%	8h	152.68	+0.011%	$101	—	5x	as long as short
RISEx SPCX/USDC	+0.0051%	1h	152.74	+0.052%	$351K	$518K	20x	as long as short
Binance SPCXUSDT	+0.0063%	8h	152.72	+0.040%	$251.9M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0064%	1h	152.67	+0.005%	$724K	$5.4M	10x	as long as short
Nado SPCX-PERP	+0.0072%	1h	152.67	+0.007%	$632K	$805K	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0089%	8h	152.77	+0.072%	$39.5M	$168.7M	75x	as long as short
Polymarket Perps SPCX-USD	+0.0090%	1h	152.72	+0.039%	$488K	$1.1M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.61	−0.033%	$169K	$117K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.65	−0.007%	$13.0M	$6.1M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.76	+0.066%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.72	+0.039%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.68	+0.014%	$89	—	10x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0136%	1h	152.85	+0.124%	$739K	$1.1M	10x	as long as short
Phoenix SPCX	+0.0209%	1h	152.73	+0.046%	$448K	$271K	15x	as long as short
edgeX SPCXUSDC	+0.0374%	4h	152.72	+0.042%	$1.7M	$891K	20x	as long as short
Aster SPCXUSD1	+0.0395%	8h	152.88	+0.143%	$19.0M	$30.6M	20x	as long as short