Funding you earn now, next payment 03:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.002%
Price spread now: Vest against Lighter+0.033%7-day average −0.042% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.011%+$1 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.033%, 7d avg −0.042%
=Together, before fees−0.036%+ Points / potential airdropLighter: Season 3 · Vest: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Vest is 0.075% dearer against Lighter than usual: you sell high and buy low (spread +0.033% now, against its 7-day average of −0.042%): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 24 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SPCX | 152.91 | 0.0056 | pay 0.0007% / 1h | 54m 30s | $1.6M | $7.2M | 20x |
| Short | Vest SPCX-USD-PERP | 152.96 | 0.0046 | get 0.0006% / 1h | 54m 30s | — | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$2.17
- Price spread: +0.033% → −0.042%
- $7.5
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- $3.33
- Costs to cover
- 0.020%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 9 min ago; Vest: 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, 9 min ago | 0.33 bp | 0.3 bp $0 | 1.9 bp −$19 | 7.5 bp −$748 | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 38 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 | 152.97 | +0.043% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.97 | +0.039% | $96.0M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.825% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.91 | 0.000% | $302K | $3.0M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.27 | +0.235% | $8K | $941K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.02 | +0.072% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.95 | +0.024% | $7K | $8K | 10x | as long as short |
| Lighter RH SPCX | +0.0032% | 1h | 152.88 | −0.020% | $2.5M | $7.2M | 20x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.92 | +0.007% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERPshort | +0.0046% | 1h | 152.96 | +0.033% | — | $1.2M | 10x |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SPCX-USD | +0.0048% | 1h | 152.96 | +0.033% | $1.2M | $6.6M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.94 | +0.020% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.98 | +0.046% | $1.7M | $91K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.99 | +0.052% | $535K | $405K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.86 | −0.033% | $3.2M | $2.5M | 10x | as long as short |
| Lighter SPCXlong | +0.0056% | 1h | 152.91 | long leg | $1.6M | $7.2M | 20x | |
| Bitget SPCXUSDT | +0.0058% | 8h | 153.02 | +0.072% | $31.7M | $66.1M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0061% | 8h | 153.00 | +0.059% | $30.8M | $42.8M | 100x | as long as short |
| Paradex SPCX-USD-PERP | +0.0079% | 8h | 153.00 | +0.061% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.89 | −0.013% | $169K | $129K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.90 | −0.007% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.93 | +0.013% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.01 | +0.065% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.99 | +0.055% | $89 | — | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0142% | 1h | 152.94 | +0.020% | $72K | $1.2M | 10x | as long as short |
| Bullet SPCX-USD | +0.0173% | 1h | 153.00 | +0.056% | $11K | $189K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0189% | 8h | 153.02 | +0.072% | $39.5M | $168.0M | 75x | as long as short |
| edgeX SPCXUSDC | +0.0193% | 4h | 152.98 | +0.043% | $1.7M | $891K | 20x | as long as short |
| Variational Omni SPCX | +0.0194% | 8h | 152.98 | +0.046% | $6.0M | $3.1M | — | as long as short |
| RISEx SPCX/USDC | +0.0199% | 1h | 153.00 | +0.060% | $408K | $549K | 20x | as long as short |
| Binance SPCXUSDT | +0.0206% | 8h | 152.99 | +0.052% | $252.6M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0208% | 1h | 152.95 | +0.028% | $736K | $3.8M | 10x | as long as short |
| Nado SPCX-PERP | +0.0236% | 1h | 152.86 | −0.035% | $622K | $832K | 20x | as long as short |
| tradeXYZ xyz:SPCX | +0.0245% | 1h | 152.97 | +0.039% | $142.1M | $119.3M | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 152.97 | +0.039% | $738K | $968K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 152.98 | +0.046% | $445K | $267K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0410% | 8h | 153.07 | +0.105% | $19.0M | $15.3M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.29 | +0.249% | $9K | $27K | 5.5x | as long as short |
Lighter SPCX
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Bitget SPCXUSDT
Bybit SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Deribit SPCX_USDC-PERPETUAL
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
edgeX SPCXUSDC
Variational Omni SPCX
RISEx SPCX/USDC
Binance SPCXUSDT
Extended SPCX-USD
tradeXYZ xyz:SPCX
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP