Funding you earn now, next payment 04:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.019%
Price spread now: Arcus against Lighter RH−0.007%7-day average −0.021% · 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−$24as in the Price arb table
costs, in and out, $10k−$250.251% of the position
Funding, last 4 days (all we have)+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.007%, 7d avg −0.021%
=Together, before fees+0.040%+ Points / potential airdropLighter RH: Points live · farm board+$4 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SPCX | 153.03 | 0.0032 | pay 0.0004% / 1h | 20m 35s | $2.5M | $7.3M | 20x |
| Short | Arcus SPCX-USD | 153.02 | 0.0040 | get 0.0005% / 1h | 20m 35s | $105K | $297K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $1.74
- Price spread: −0.007% → −0.021%
- $1.47
- Slippage, 4 orders
- −$20.6
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$21.89
- Costs to cover
- 0.251%
- Break-even
- 95.1 days
Slippage from Lighter RH: live order book, 3 min ago; Arcus: live order book, 38 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 RH live order book, 3 min ago | 1.63 bp | 2.0 bp −$2 | 3.4 bp −$34 | 27.3 bp −$2,731 | doesn't fit |
| Sell Arcus live order book, 38 min ago | 6.21 bp | 9.6 bp −$10 | 12.5 bp −$125 | 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 −0.0253% / S +0.0486% | 1h | 153.06 | +0.023% | $91K | — | 20x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 153.11 | +0.052% | $30.8M | $42.9M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.09 | +0.039% | $96.3M | $31.3M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 153.14 | +0.072% | $31.7M | $65.3M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.740% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 153.02 | −0.007% | $302K | $2.9M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.35 | +0.209% | $8K | $938K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.15 | +0.078% | $1.3M | $1.7M | 75x | as long as short |
| edgeX SPCXUSDC | 0.0000% | 4h | 153.08 | +0.035% | $1.7M | $892K | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0011% | 1h | 153.05 | +0.013% | $77K | $1.2M | 10x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SPCXUSD | +0.0022% | 1h | 153.02 | −0.005% | $8K | $8K | 10x | as long as short |
| BloFin SPCX-USDT | +0.0029% | 8h | 153.11 | +0.052% | $1.9M | $1.4M | 75x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 153.06 | +0.020% | $1.6M | $7.3M | 20x | as long as short |
| Lighter RH SPCXlong | +0.0032% | 1h | 153.03 | long leg | $2.5M | $7.3M | 20x | |
| Arcus SPCX-USDshort | +0.0040% | 1h | 153.02 | −0.007% | $105K | $297K | 5x | |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.09 | +0.039% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0046% | 1h | 153.05 | +0.013% | $1.2M | $6.0M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.03 | 0.000% | $499K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.07 | +0.026% | $1.7M | $97K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.11 | +0.052% | $533K | $393K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.98 | −0.033% | $3.2M | $2.5M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0061% | 8h | 153.11 | +0.050% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 153.00 | −0.020% | $169K | $130K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 153.04 | +0.007% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.01 | −0.013% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.10 | +0.046% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.10 | +0.044% | $89 | — | 10x | as long as short |
| Bullet SPCX-USD | +0.0105% | 1h | 153.10 | +0.046% | $11K | $191K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0105% | 1h | 153.06 | +0.020% | $141.4M | $119.0M | 20x | as long as short |
| Nado SPCX-PERP | +0.0130% | 1h | 153.03 | 0.000% | $617K | $821K | 20x | as long as short |
| Variational Omni SPCX | +0.0133% | 8h | 153.09 | +0.037% | $6.0M | $3.0M | — | as long as short |
| OKX SPCX-USDT-SWAP | +0.0147% | 8h | 153.13 | +0.065% | $39.5M | $166.8M | 75x | as long as short |
| Binance SPCXUSDT | +0.0148% | 8h | 153.11 | +0.052% | $251.1M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0152% | 1h | 153.07 | +0.029% | $734K | $3.8M | 10x | as long as short |
| RISEx SPCX/USDC | +0.0191% | 1h | 153.13 | +0.069% | $410K | $530K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0256% | 1h | 153.10 | +0.046% | $738K | $926K | 10x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 153.10 | +0.046% | $445K | $268K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0409% | 8h | 153.17 | +0.093% | $19.0M | $21.1M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.50 | +0.307% | $9K | $28K | 5.5x | as long as short |
Lighter RH SPCX
GMX SPCX/USD [ETH-USDC]
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
edgeX SPCXUSDC
Deribit SPCX_USDC-PERPETUAL
Aftermath Perps SPCXUSD
BloFin SPCX-USDT
Lighter SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Bullet SPCX-USD
tradeXYZ xyz:SPCX
Variational Omni SPCX
OKX SPCX-USDT-SWAP
Binance SPCXUSDT
Extended SPCX-USD
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP