SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.005%

Price spread now: SoDEX against Lighter RH+0.046%7-day average +0.016% · 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−$37as in the Price arb table

costs, in and out, $10k−$400.398% of the position

Long on Lighter RH Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.018%+$2 on $10k

Price spread, last 4 days (all we have)−0.219%−$22 · spread now +0.046%, 7d avg +0.016%

Together, before fees−0.201%+ Points / potential airdropLighter RH: Points live · farm board−$20 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SoDEX is 0.030% dearer against Lighter RH than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SPCX	153.00	0.0032	pay 0.0004% / 1h	39m 04s	$2.5M	$7.2M	20x
Short	SoDEX SPCX-USD	153.07	0.0050	get 0.0006% / 1h	39m 04s	$1.7M	$95K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.046%Rate

Funding earned: $3.78
Price spread: +0.046% → +0.016%: $2.96
Slippage, 4 orders: −$31.84
Fee Lighter RH: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$33.1
Costs to cover: 0.398%
Break-even: 68.3 days

Slippage from Lighter RH: live order book, 5 min ago; SoDEX: live order book, 5 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	1.6 bp −$2	3.5 bp −$35	27.7 bp −$2,774	doesn't fit
Sell SoDEX live order book, 5 min ago	0.33 bp	18.2 bp −$18	52.9 bp −$529	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 −0.0314% / S +0.0531%	1h	153.06	+0.036%	$91K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	153.09	+0.059%	$30.8M	$42.9M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.07	+0.046%	$96.3M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.13	+0.085%	$31.7M	$65.3M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+12.762%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	153.03	+0.020%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.29	+0.190%	$8K	$937K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	153.04	+0.026%	$73K	$1.2M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.14	+0.092%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0022%	1h	153.03	+0.020%	$8K	$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 SPCX	+0.0032%	1h	153.05	+0.033%	$1.6M	$7.3M	20x	as long as short
Lighter RH SPCXlong	+0.0032%	1h	153.00	long leg	$2.5M	$7.2M	20x
Arcus SPCX-USD	+0.0040%	1h	153.02	+0.013%	$105K	$297K	5x	as long as short
BloFin SPCX-USDT	+0.0040%	8h	153.10	+0.065%	$1.9M	$1.4M	75x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.10	+0.065%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0046%	1h	153.05	+0.033%	$1.2M	$6.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.05	+0.033%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USDshort	+0.0050%	1h	153.07	+0.046%	$1.7M	$95K	20x
Phemex SPCXUSDT	+0.0050%	8h	153.09	+0.059%	$533K	$395K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.93	−0.046%	$3.2M	$2.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0064%	8h	153.11	+0.073%	$101	—	5x	as long as short
tradeXYZ xyz:SPCX	+0.0071%	1h	153.04	+0.026%	$141.4M	$119.0M	20x	as long as short
Bullet SPCX-USD	+0.0082%	1h	153.09	+0.062%	$10K	$191K	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.99	−0.007%	$169K	$130K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.00	0.000%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.12	+0.078%	$59K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.09	+0.059%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.08	+0.052%	$89	—	10x	as long as short
Nado SPCX-PERP	+0.0132%	1h	153.03	+0.019%	$617K	$824K	20x	as long as short
Variational Omni SPCX	+0.0149%	8h	153.08	+0.050%	$6.0M	$3.1M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0155%	8h	153.11	+0.072%	$39.5M	$166.9M	75x	as long as short
Extended SPCX-USD	+0.0160%	1h	153.05	+0.033%	$738K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0160%	8h	153.09	+0.059%	$252.2M	$1.37B	75x	as long as short
RISEx SPCX/USDC	+0.0191%	1h	153.12	+0.081%	$410K	$530K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.04	+0.026%	$738K	$925K	10x	as long as short
Phoenix SPCX	+0.0261%	1h	153.10	+0.065%	$445K	$268K	15x	as long as short
Aster SPCXUSD1	+0.0409%	8h	153.16	+0.103%	$19.0M	$19.8M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.35	+0.229%	$9K	$28K	5.5x	as long as short
edgeX SPCXUSDC	+0.0913%	4h	153.08	+0.053%	$1.7M	$891K	20x	as long as short