SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0157%/8h= −17.2% APRnext payment −$0.20 per $10,000 · paid last 24h −0.044%

Price spread now: Lighter RH against Nado+0.006%7-day average −0.045% · 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−$16as in the Price arb table

costs, in and out, $10k−$210.211% of the position

Long on Nado Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.051%−$5 on $10k

Price spread, last 7 days−0.070%−$7 · spread now +0.006%, 7d avg −0.045%

Together, before fees−0.122%+ Points / potential airdropNado: Active · Lighter RH: Points live · farm board−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter RH is 0.051% dearer against Nado than usual: you sell high and buy low (spread +0.006% now, against its 7-day average of −0.045%): +$5 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 26 hours. At the pace of the last 4 days (−0.051% in total) that is about 3.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SPCX-PERP	152.15	0.0189	pay 0.0024% / 1h	51m 05s	$627K	$804K	20x
Short	Lighter RH SPCX	152.16	0.0032	get 0.0004% / 1h	51m 05s	$2.5M	$7.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Nado. 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 NadobpFee Lighter RHbpOrdersPrice spread, now +0.006%Rate

Funding earned: −$32.91
Price spread: +0.006% → −0.045%: $5.13
Slippage, 4 orders: −$14.12
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$48.89
Costs to cover: 0.211%
Break-even: never at this rate

Slippage from Nado: live order book, 52 min ago; Lighter RH: live order book, 3 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 Nado live order book, 52 min ago	0.33 bp	9.3 bp −$9	53.9 bp −$539	doesn't fit	doesn't fit
Sell Lighter RH live order book, 3 min ago	1.31 bp	2.3 bp −$2	5.6 bp −$56	33.3 bp −$3,331	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 −0.0234% / S +0.0471%	1h	152.15	−0.003%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.21	+0.039%	$96.1M	$31.7M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.28	+0.085%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.396%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.24	+0.059%	$300K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.43	+0.184%	$8K	$894K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.32	+0.112%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0013%	8h	152.24	+0.059%	$30.5M	$42.7M	100x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0013%	1h	152.18	+0.020%	$89K	$1.3M	10x	as long as short
BloFin SPCX-USDT	+0.0023%	8h	152.23	+0.052%	$1.9M	$1.2M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps SPCXUSD	+0.0029%	1h	152.17	+0.011%	$7K	$8K	10x	as long as short
Lighter RH SPCXshort	+0.0032%	1h	152.16	+0.006%	$2.5M	$7.2M	20x
Lighter SPCX	+0.0040%	1h	152.17	+0.013%	$1.6M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.19	+0.026%	$103K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.24	+0.059%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.14	−0.007%	$129.9M	$129.1M	20x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.18	+0.020%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.23	+0.052%	$530K	$375K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.07	−0.053%	$3.2M	$2.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0061%	1h	152.20	+0.033%	$487K	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.22	+0.046%	$1.2M	$5.5M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.14	−0.007%	$168K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.16	+0.006%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.26	+0.072%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.23	+0.052%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.23	+0.054%	$88	—	10x	as long as short
Paradex SPCX-USD-PERP	+0.0114%	8h	152.21	+0.040%	$100	—	5x	as long as short
Bullet SPCX-USD	+0.0117%	1h	152.22	+0.048%	$11K	$192K	10x	as long as short
Variational Omni SPCX	+0.0132%	8h	152.31	+0.103%	$5.9M	$2.8M	—	as long as short
Binance SPCXUSDT	+0.0143%	8h	152.22	+0.049%	$252.6M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.18	+0.019%	$724K	$3.6M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0154%	8h	152.24	+0.059%	$39.6M	$166.5M	75x	as long as short
Nado SPCX-PERPlong	+0.0189%	1h	152.15	long leg	$627K	$804K	20x
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	+0.125%	$728K	$938K	10x	as long as short
edgeX SPCXUSDC	+0.0365%	4h	152.24	+0.059%	$1.7M	$891K	20x	as long as short
Phoenix SPCX	+0.0368%	1h	152.31	+0.105%	$443K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0410%	8h	152.35	+0.132%	$18.9M	$28.6M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.55	+0.263%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.29	+0.092%	$392K	$502K	20x	as long as short