SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0216%/8h= +23.7% APRnext payment +$0.27 per $10,000 · paid last 24h +0.047%

Price spread now: Coinbase International against Lighter RH+0.072%7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs+$5as in the Funding arb table

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

costs, in and out, $10k−$200.196% of the position

Long on Lighter RH Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.244%+$24 on $10k

Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.072%, 7d avg +0.034%

Together, before fees+0.094%+ Points / potential airdropLighter RH: Points live · farm board+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Coinbase International is 0.038% dearer against Lighter RH than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.034%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SPCX	152.79	0.0032	pay 0.0004% / 1h	49m 00s	$2.5M	$7.2M	20x
Short	Coinbase International SPCX-PERP-INTX	152.90	0.0248	get 0.0031% / 1h	49m 00s	$741K	$939K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee Lighter RHbpFee Coinbase InternationalbpOrdersPrice spread, now +0.072%Rate

Funding earned: $45.36
Price spread: +0.072% → +0.034%: $3.8
Slippage, 4 orders: −$9.59
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $29.58
Costs to cover: 0.196%
Break-even: 2.4 days

Slippage from Lighter RH: live order book, 5 min ago; Coinbase International: live order book, 4 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, 5 min ago	1.31 bp	2.1 bp −$2	4.2 bp −$42	29.1 bp −$2,912	doesn't fit
Sell Coinbase International live order book, 4 min ago	2.94 bp	7.9 bp −$8	8.5 bp −$85	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 −0.0214% / S +0.0456%	1h	152.84	+0.036%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.85	+0.039%	$96.3M	$31.2M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.88	+0.059%	$31.8M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.918%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.93	+0.092%	$301K	$2.9M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.14	+0.229%	$7K	$935K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.92	+0.085%	$1.3M	$1.7M	75x	as long as short
Bybit SPCXUSDT	+0.0009%	8h	152.86	+0.046%	$30.7M	$42.6M	100x	as long as short
Aftermath Perps SPCXUSD	+0.0031%	1h	152.86	+0.047%	$7K	$8K	10x	as long as short
Lighter RH SPCXlong	+0.0032%	1h	152.79	long leg	$2.5M	$7.2M	20x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SPCX-USDT	+0.0033%	8h	152.88	+0.059%	$1.9M	$1.3M	75x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.84	+0.033%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.83	+0.026%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.82	+0.020%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.85	+0.039%	$1.7M	$96K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.85	+0.039%	$532K	$391K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.72	−0.046%	$3.2M	$2.4M	10x	as long as short
QFEX SPCX-USD	+0.0050%	1h	152.87	+0.052%	$1.2M	$5.9M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0096%	8h	152.89	+0.063%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.84	+0.033%	$169K	$121K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.79	0.000%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.85	+0.039%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.90	+0.072%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.87	+0.053%	$89	—	10x	as long as short
Variational Omni SPCX	+0.0138%	8h	152.91	+0.077%	$6.0M	$2.9M	—	as long as short
Lighter SPCX	+0.0152%	1h	152.82	+0.020%	$1.6M	$7.3M	20x	as long as short
Extended SPCX-USD	+0.0152%	1h	152.83	+0.029%	$738K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0153%	8h	152.84	+0.035%	$248.0M	$1.36B	75x	as long as short
OKX SPCX-USDT-SWAP	+0.0155%	8h	152.84	+0.033%	$39.6M	$166.0M	75x	as long as short
RISEx SPCX/USDC	+0.0217%	1h	152.91	+0.081%	$409K	$517K	20x	as long as short
Coinbase International SPCX-PERP-INTXshort	+0.0248%	1h	152.90	+0.072%	$741K	$939K	10x
Nado SPCX-PERP	+0.0255%	1h	152.74	−0.031%	$615K	$811K	20x	as long as short
Phoenix SPCX	+0.0261%	1h	152.90	+0.072%	$444K	$264K	15x	as long as short
Bullet SPCX-USD	+0.0281%	1h	152.87	+0.053%	$12K	$193K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0296%	1h	152.82	+0.020%	$141.3M	$119.2M	20x	as long as short
Aster SPCXUSD1	+0.0424%	8h	152.97	+0.116%	$18.9M	$21.9M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.24	+0.295%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0470%	1h	152.83	+0.026%	$84K	$1.2M	10x	as long as short
edgeX SPCXUSDC	+0.0592%	4h	152.91	+0.078%	$1.7M	$892K	20x	as long as short