Funding you earn now, next payment 07:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h +0.003%
Price spread now: Lighter against Lighter RH+0.007%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$50.051% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now +0.007%, 7d avg +0.017%
=Together, before fees+0.043%+ Points / potential airdropLighter RH: Points live · Lighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SPCX | 152.55 | 0.0032 | pay 0.0004% / 1h | 49m 15s | $2.5M | $7.2M | 20x |
| Short | Lighter SPCX | 152.56 | 0.0104 | get 0.0013% / 1h | 49m 15s | $1.6M | $7.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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: +0.007% → +0.017%
- −$1.06
- Slippage, 4 orders
- −$5.09
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $8.97
- Costs to cover
- 0.051%
- Break-even
- 2.8 days
Slippage from Lighter RH: live order book, 4 min ago; Lighter: 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, 4 min ago | 1.64 bp | 1.8 bp −$2 | 3.5 bp −$35 | 29.1 bp −$2,906 | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.66 bp | 0.7 bp −$1 | 1.5 bp −$15 | 8.6 bp −$862 | 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 −0.0187% / S +0.0435% | 1h | 152.53 | −0.016% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0021% | 8h | 152.64 | +0.059% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.63 | +0.052% | $30.6M | $42.7M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.60 | +0.033% | $96.2M | $31.8M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.64 | +0.059% | $31.2M | $66.0M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.096% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.65 | +0.066% | $300K | $2.7M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.84 | +0.190% | $8K | $897K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.70 | +0.098% | $1.3M | $1.8M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0020% | 1h | 152.52 | −0.020% | $7K | $8K | 10x | as long as short |
Show all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SPCXlong | +0.0032% | 1h | 152.55 | long leg | $2.5M | $7.2M | 20x | |
| QFEX SPCX-USD | +0.0038% | 1h | 152.60 | +0.033% | $1.2M | $5.5M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.54 | −0.007% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.60 | +0.033% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.60 | +0.033% | $488K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.58 | +0.020% | $1.7M | $96K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.55 | 0.000% | $531K | $384K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.44 | −0.072% | $3.2M | $2.3M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0070% | 8h | 152.66 | +0.071% | $101 | — | 5x | as long as short |
| RISEx SPCX/USDC | +0.0072% | 1h | 152.67 | +0.082% | $408K | $498K | 20x | as long as short |
| tradeXYZ xyz:SPCX | +0.0078% | 1h | 152.53 | −0.013% | $130.1M | $129.0M | 20x | as long as short |
| Variational Omni SPCX | +0.0079% | 8h | 152.62 | +0.046% | $6.0M | $2.8M | — | as long as short |
| Extended SPCX-USD | +0.0096% | 1h | 152.58 | +0.019% | $732K | $4.6M | 10x | as long as short |
| Binance SPCXUSDT | +0.0099% | 8h | 152.63 | +0.049% | $250.5M | $1.36B | 75x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.54 | −0.007% | $169K | $118K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.50 | −0.033% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.63 | +0.052% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.63 | +0.052% | $15K | $7K | 10x | as long as short |
| Lighter SPCXshort | +0.0104% | 1h | 152.56 | +0.007% | $1.6M | $7.3M | 20x | |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.62 | +0.049% | $89 | — | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0113% | 8h | 152.64 | +0.059% | $39.6M | $166.9M | 75x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0192% | 1h | 152.62 | +0.046% | $726K | $932K | 10x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.62 | +0.046% | $444K | $266K | 15x | as long as short |
| Nado SPCX-PERP | +0.0215% | 1h | 152.45 | −0.065% | $613K | $801K | 20x | as long as short |
| Bullet SPCX-USD | +0.0247% | 1h | 152.63 | +0.052% | $11K | $192K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0358% | 8h | 152.75 | +0.131% | $18.9M | $25.9M | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0406% | 1h | 152.58 | +0.020% | $89K | $1.3M | 10x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.89 | +0.223% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0570% | 4h | 152.58 | +0.018% | $1.7M | $892K | 20x | as long as short |
Lighter RH SPCX
Lighter SPCX
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
RISEx SPCX/USDC
tradeXYZ xyz:SPCX
Variational Omni SPCX
Extended SPCX-USD
Binance SPCXUSDT
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
OKX SPCX-USDT-SWAP
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Bullet SPCX-USD
Aster SPCXUSD1
Deribit SPCX_USDC-PERPETUAL
Injective SPCX/USDC PERP
edgeX SPCXUSDC