SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.001%

Price spread now: SoDEX against Lighter+0.020%7-day average −0.001% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$380.378% of the position

Long on Lighter Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.014%+$1 on $10k

Price spread, last 4 days (all we have)−0.069%−$7 · spread now +0.020%, 7d avg −0.001%

Together, before fees−0.054%+ Points / potential airdropLighter: Season 3 · farm board−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.021% dearer against Lighter than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter SPCX	152.27	0.0032	pay 0.0004% / 1h	37m 22s	$1.6M	$7.3M	20x
Short	SoDEX SPCX-USD	152.30	0.0050	get 0.0006% / 1h	37m 22s	$1.7M	$99K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.020%Rate

Funding earned: $3.78
Price spread: +0.020% → −0.001%: $2.06
Slippage, 4 orders: −$29.82
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$31.98
Costs to cover: 0.378%
Break-even: 66.2 days

Slippage from Lighter: live order book, 6 min ago; SoDEX: live order book, 1 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, 6 min ago	0.33 bp	0.4 bp $0	1.4 bp −$14	7.4 bp −$743	doesn't fit
Sell SoDEX live order book, 1 min ago	0.33 bp	18.2 bp −$18	45.8 bp −$458	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 −0.0234% / S +0.0471%	1h	152.28	+0.003%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.31	+0.026%	$96.2M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.38	+0.072%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.303%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.37	+0.066%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.58	+0.204%	$8K	$892K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.39	+0.079%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0013%	8h	152.32	+0.033%	$30.5M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0021%	8h	152.34	+0.046%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	152.28	+0.008%	$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 SPCXlong	+0.0032%	1h	152.27	long leg	$1.6M	$7.3M	20x
Lighter RH SPCX	+0.0032%	1h	152.25	−0.013%	$2.5M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.26	−0.007%	$103K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.30	+0.020%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.25	−0.013%	$129.9M	$129.2M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.29	+0.013%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USDshort	+0.0050%	1h	152.30	+0.020%	$1.7M	$99K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.32	+0.033%	$530K	$373K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.19	−0.053%	$3.2M	$2.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.29	+0.013%	$1.2M	$5.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0098%	8h	152.30	+0.016%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.23	−0.026%	$168K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.21	−0.039%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.29	+0.013%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.32	+0.033%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.30	+0.022%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0127%	8h	152.34	+0.043%	$5.9M	$2.8M	—	as long as short
Binance SPCXUSDT	+0.0141%	8h	152.31	+0.028%	$252.7M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.27	−0.002%	$728K	$4.4M	10x	as long as short
Bullet SPCX-USD	+0.0154%	1h	152.33	+0.037%	$11K	$192K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0155%	8h	152.35	+0.053%	$39.7M	$166.7M	75x	as long as short
Nado SPCX-PERP	+0.0177%	1h	152.25	−0.016%	$627K	$803K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	+0.046%	$728K	$930K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0276%	1h	152.27	0.000%	$89K	$1.4M	10x	as long as short
Phoenix SPCX	+0.0368%	1h	152.35	+0.053%	$443K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0406%	8h	152.43	+0.104%	$18.9M	$29.0M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.55	+0.184%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.37	+0.066%	$381K	$507K	20x	as long as short
edgeX SPCXUSDC	+0.0661%	4h	152.31	+0.026%	$1.7M	$891K	20x	as long as short