Funding you earn now, next payment 09:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.017%
Price spread now: Extended against Lighter RH+0.040%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$120.115% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 7 days−0.078%−$8 · spread now +0.040%, 7d avg −0.026%
=Together, before fees−0.074%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Extended is 0.066% dearer against Lighter RH than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.026%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SPCX | 151.95 | 0.0032 | pay 0.0004% / 1h | 30m 15s | $2.5M | $7.3M | 20x |
| Short | Extended SPCX-USD | 152.01 | 0.0104 | get 0.0013% / 1h | 30m 15s | $725K | $5.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $15.12
- Price spread: +0.040% → −0.026%
- $6.59
- Slippage, 4 orders
- −$6.54
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $10.17
- Costs to cover
- 0.115%
- Break-even
- 2.3 days
Slippage from Lighter RH: live order book, 3 min ago; Extended: 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, 3 min ago | 0.99 bp | 1.4 bp −$1 | 3.0 bp −$30 | 31.7 bp −$3,170 | doesn't fit |
| Sell Extended live order book, 4 min ago | 1.32 bp | 3.8 bp −$4 | 6.9 bp −$69 | doesn't fit | doesn't fit |
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 −0.0187% / S +0.0435% | 1h | 151.96 | +0.003% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0018% | 8h | 152.06 | +0.072% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.05 | +0.066% | $30.4M | $43.1M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.02 | +0.046% | $96.2M | $32.2M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.04 | +0.059% | $31.0M | $66.9M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.07 | +0.079% | $299K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.56 | +0.401% | $8K | $850K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.14 | +0.125% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0021% | 1h | 152.01 | +0.037% | $7K | $7K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 151.97 | +0.013% | $1.6M | $7.4M | 20x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SPCXlong | +0.0032% | 1h | 151.95 | long leg | $2.5M | $7.3M | 20x | |
| QFEX SPCX-USD | +0.0035% | 1h | 151.99 | +0.026% | $1.2M | $5.4M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 151.99 | +0.026% | $102K | $299K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 151.98 | +0.020% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 151.96 | +0.007% | $129.5M | $129.5M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 151.88 | −0.046% | $487K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.03 | +0.053% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.05 | +0.066% | $529K | $363K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 151.91 | −0.026% | $3.1M | $2.2M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0061% | 8h | 152.04 | +0.058% | $100 | — | 5x | as long as short |
| Variational Omni SPCX | +0.0081% | 8h | 152.06 | +0.072% | $5.9M | $2.8M | — | as long as short |
| Nado SPCX-PERP | +0.0099% | 1h | 151.93 | −0.013% | $634K | $813K | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 151.95 | 0.000% | $168K | $117K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 151.97 | +0.013% | $12.9M | $5.7M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.07 | +0.079% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.07 | +0.079% | $14K | $7K | 10x | as long as short |
| Binance SPCXUSDT | +0.0100% | 8h | 152.06 | +0.072% | $253.3M | $1.37B | 75x | as long as short |
| Extended SPCX-USDshort | +0.0104% | 1h | 152.01 | +0.040% | $725K | $5.3M | 10x | |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.04 | +0.059% | $88 | — | 10x | as long as short |
| Bullet SPCX-USD | +0.0114% | 1h | 152.07 | +0.081% | $10K | $192K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0115% | 8h | 152.07 | +0.079% | $39.3M | $167.3M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0190% | 1h | 152.09 | +0.089% | $380K | $506K | 20x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.17 | +0.145% | $447K | $268K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0280% | 1h | 152.01 | +0.039% | $694K | $997K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0381% | 8h | 152.18 | +0.150% | $18.9M | $30.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.51 | +0.369% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0455% | 4h | 152.07 | +0.080% | $1.7M | $891K | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0474% | 1h | 152.02 | +0.046% | $86K | $1.4M | 10x | as long as short |
Lighter RH SPCX
Extended SPCX-USD
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCX
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Variational Omni SPCX
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Binance SPCXUSDT
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
RISEx SPCX/USDC
Phoenix SPCX
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC
Deribit SPCX_USDC-PERPETUAL