Settings8H · net · $10k
Funding arb · Price arb /

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Lighter RH+0.007%108s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.297% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.147%+$15 on $10k
Price spread, last 3 days (all we have)+0.158%+$16 · spread now +0.007%, 7d avg +0.047%
Together, before fees+0.305%+ Points / potential airdropLighter RH: Points live · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.041% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.007% now, against its 7-day average of +0.047%). If the spread goes back, that is −$4 on $10k: about 2.0 days of funding at the current rate (+$2 a day). The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SPCX152.840.0032pay 0.0004% / 1h17m 47s$2.5M$7.6M20x
ShortApeX Omni SPCXUSDT152.850.0100get 0.0013% / 1h17m 47s$58K$271K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter RH. 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

Funding earned
$14.28
Price spread: +0.007% → +0.047%
−$4.09
Slippage, 4 orders
−$19.69
Fee Lighter RH: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$19.5
Costs to cover
0.297%
Break-even
16.6 days
Slippage from Lighter RH: live order book, 6 min ago; ApeX Omni: live order book, 59 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 6 min ago1.63 bp1.7 bp −$24.0 bp −$4027.9 bp −$2,789doesn't fit
Sell ApeX Omni live order book, 59 min ago7.53 bp12.5 bp −$1337.2 bp −$372doesn't fitdoesn't fit

SPCX on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SPCX/USD [ETH-USDC]L −0.0278% / S +0.0492%1h152.87+0.016%$88K20xas long as short
Gate SPCX_USDT0.0000%8h152.89+0.033%$96.6M$31.4M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+12.874%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.81−0.020%$302K$3.1M20xas long as short
SunX SPCX-USDT0.0000%8h153.10+0.170%$8K$972K10xas long as short
HTX SPCX-USDT0.0000%8h152.89+0.033%$1.3M$1.7M75xas long as short
Aftermath Perps SPCXUSD+0.0030%1h152.83−0.006%$7K$10K10xas long as short
Lighter RH SPCXlong+0.0032%1h152.84long leg$2.5M$7.6M20x
Injective SPCX/USDC PERP+0.0033%1h157.25+2.885%$9K$27K5.5xas long as short
Arcus SPCX-USD+0.0040%1h152.840.000%$105K$297K5xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest SPCX-USD-PERP+0.0046%1h152.85+0.007%$1.2M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.85+0.007%$489K$1.1M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.89+0.033%$1.7M$79K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.82−0.013%$535K$410K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.79−0.033%$3.2M$2.8M10xas long as short
QFEX SPCX-USD+0.0052%1h152.87+0.020%$1.2M$7.7M10xas long as short
BloFin SPCX-USDT+0.0078%8h152.92+0.052%$1.9M$1.4M75xas long as short
Paradex SPCX-USD-PERP+0.0093%8h152.90+0.042%$1015xas long as short
Lighter SPCX+0.0096%1h152.89+0.033%$1.6M$7.4M20xas long as short
Pacifica SPCX+0.0100%1h152.83−0.007%$173K$130K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.79−0.033%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDTshort+0.0100%1h152.85+0.007%$58K$271K50x
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.90+0.039%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.93+0.057%$8910xas long as short
Bullet SPCX-USD+0.0148%1h152.91+0.046%$12K$188K10xas long as short
Bybit SPCXUSDT+0.0151%8h152.94+0.065%$30.7M$42.8M100xas long as short
Variational Omni SPCX+0.0176%8h152.93+0.062%$6.0M$3.5Mas long as short
OKX SPCX-USDT-SWAP+0.0195%8h152.91+0.046%$38.9M$169.4M75xas long as short
Binance SPCXUSDT+0.0199%8h152.91+0.046%$253.1M$1.39B75xas long as short
Extended SPCX-USD+0.0200%1h152.88+0.027%$734K$3.6M10xas long as short
tradeXYZ xyz:SPCX+0.0252%1h152.87+0.020%$143.5M$119.4M20xas long as short
Phoenix SPCX+0.0261%1h152.91+0.046%$446K$269K15xas long as short
Coinbase International SPCX-PERP-INTX+0.0280%1h152.97+0.085%$733K$970K10xas long as short
edgeX SPCXUSDC+0.0281%4h152.91+0.047%$1.7M$892K20xas long as short
Nado SPCX-PERP+0.0295%1h152.77−0.046%$601K$885K20xas long as short
Aster SPCXUSD1+0.0298%8h152.99+0.098%$19.0M$21.3M20xas long as short
Bitget SPCXUSDT+0.0311%8h152.92+0.052%$31.2M$67.3M75xas long as short
RISEx SPCX/USDC+0.0339%1h152.97+0.082%$403K$539K20xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0601%1h152.89+0.033%$71K$1.0M10xas long as short