Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.003%
Price spread now: QFEX against Lighter RH+0.007%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$170.170% of the position
Funding, last 4 days (all we have)−0.021%−$2 on $10k
+Price spread, last 7 days+0.045%+$5 · spread now +0.007%, 7d avg +0.019%
=Together, before fees+0.025%+ Points / potential airdropLighter RH: Points live · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.019%, so right now this pair is about funding alone: +$1 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 | 152.25 | 0.0032 | pay 0.0004% / 1h | 17m 28s | $2.5M | $7.3M | 20x |
| Short | QFEX SPCX-USD | 152.26 | 0.0070 | get 0.0009% / 1h | 17m 28s | $1.2M | $5.5M | 10x |
Lighter RH SPCX
QFEX SPCX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $8.08
- Price spread: +0.007% → +0.019%
- −$1.28
- Slippage, 4 orders
- −$7.03
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$10.23
- Costs to cover
- 0.170%
- Break-even
- 15.9 days
Slippage from Lighter RH: live order book, 6 min ago; QFEX: live order book, 11 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, 6 min ago | 1.31 bp | 1.5 bp −$2 | 3.3 bp −$33 | 26.5 bp −$2,651 | doesn't fit |
| Sell QFEX live order book, 11 min ago | 1.97 bp | 7.0 bp −$7 | 10.4 bp −$104 | 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 −0.0187% / S +0.0435% | 1h | 152.22 | −0.016% | $90K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.29 | +0.026% | $96.2M | $32.0M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.33 | +0.053% | $31.2M | $66.2M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.318% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.34 | +0.059% | $300K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.54 | +0.190% | $8K | $890K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.25 | 0.000% | $89K | $1.4M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.38 | +0.085% | $1.3M | $1.8M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0002% | 8h | 152.30 | +0.033% | $30.5M | $42.8M | 100x | as long as short |
| BloFin SPCX-USDT | +0.0012% | 8h | 152.31 | +0.039% | $1.9M | $1.2M | 75x | as long as short |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDT
Bybit SPCXUSDT
BloFin SPCX-USDTShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SPCXUSD | +0.0024% | 1h | 152.20 | −0.035% | $7K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.27 | +0.013% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCXlong | +0.0032% | 1h | 152.25 | long leg | $2.5M | $7.3M | 20x | |
| Arcus SPCX-USD | +0.0040% | 1h | 152.22 | −0.020% | $102K | $298K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.32 | +0.046% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.22 | −0.020% | $129.7M | $129.3M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.27 | +0.013% | $488K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.28 | +0.020% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.31 | +0.039% | $530K | $370K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.13 | −0.079% | $3.2M | $2.2M | 10x | as long as short |
| QFEX SPCX-USDshort | +0.0070% | 1h | 152.26 | +0.007% | $1.2M | $5.5M | 10x | |
| Paradex SPCX-USD-PERP | +0.0081% | 8h | 152.31 | +0.040% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.23 | −0.013% | $168K | $119K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.17 | −0.053% | $13.0M | $5.6M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.32 | +0.046% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.29 | +0.026% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.30 | +0.031% | $88 | — | 10x | as long as short |
| Variational Omni SPCX | +0.0120% | 8h | 152.29 | +0.025% | $5.9M | $2.8M | — | as long as short |
| Extended SPCX-USD | +0.0128% | 1h | 152.28 | +0.020% | $724K | $5.3M | 10x | as long as short |
| Binance SPCXUSDT | +0.0130% | 8h | 152.32 | +0.046% | $253.2M | $1.36B | 75x | as long as short |
| Bullet SPCX-USD | +0.0130% | 1h | 152.32 | +0.047% | $11K | $192K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0144% | 8h | 152.33 | +0.053% | $39.7M | $166.7M | 75x | as long as short |
| Nado SPCX-PERP | +0.0159% | 1h | 152.26 | +0.006% | $631K | $804K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0240% | 1h | 152.34 | +0.059% | $728K | $930K | 10x | as long as short |
| Phoenix SPCX | +0.0368% | 1h | 152.23 | −0.013% | $443K | $266K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0400% | 8h | 152.42 | +0.109% | $18.9M | $29.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.58 | +0.217% | $9K | $28K | 5.5x | as long as short |
| RISEx SPCX/USDC | +0.0445% | 1h | 152.34 | +0.059% | $381K | $507K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0955% | 4h | 152.29 | +0.028% | $1.7M | $891K | 20x | as long as short |
Aftermath Perps SPCXUSD
Lighter SPCX
Arcus SPCX-USD
Vest SPCX-USD-PERP
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Variational Omni SPCX
Extended SPCX-USD
Binance SPCXUSDT
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Nado SPCX-PERP
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
RISEx SPCX/USDC
edgeX SPCXUSDC