SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.020%

Price spread now: Lighter RH against Pacifica+0.033%7-day average +0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$160.162% of the position

Long on Pacifica Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 4 days (all we have)−0.022%−$2 · spread now +0.033%, 7d avg +0.018%

Together, before fees−0.046%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.018%, 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	Pacifica SPCX	152.97	0.0100	pay 0.0013% / 1h	21m 21s	$169K	$133K	10x
Short	Lighter RH SPCX	153.02	0.0032	get 0.0004% / 1h	21m 21s	$2.5M	$7.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Pacifica. 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 PacificabpFee Lighter RHbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$14.28
Price spread: +0.033% → +0.018%: $1.44
Slippage, 4 orders: −$8.17
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$29.01
Costs to cover: 0.162%
Break-even: never at this rate

Slippage from Pacifica: live order book, 46 min ago; Lighter RH: live order book, 2 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 Pacifica live order book, 46 min ago	0.33 bp	6.5 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH live order book, 2 min ago	0.98 bp	1.0 bp −$1	2.8 bp −$28	30.8 bp −$3,080	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 −0.0344% / S +0.0539%	1h	153.04	+0.049%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.06	+0.059%	$96.0M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.783%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.98	+0.007%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.36	+0.255%	$8K	$946K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.13	+0.105%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.97	−0.002%	$7K	$8K	10x	as long as short
edgeX SPCXUSDC	+0.0027%	4h	153.07	+0.065%	$1.7M	$893K	20x	as long as short
Lighter SPCX	+0.0032%	1h	153.05	+0.052%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCXshort	+0.0032%	1h	153.02	+0.033%	$2.5M	$7.3M	20x

Show all 38 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPCX/USDC PERP	+0.0033%	1h	153.32	+0.229%	$9K	$27K	5.5x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.01	+0.026%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.05	+0.052%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	153.05	+0.052%	$1.2M	$6.8M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.04	+0.046%	$501K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.07	+0.065%	$1.7M	$90K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.09	+0.078%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.91	−0.039%	$3.2M	$2.6M	10x	as long as short
Bybit SPCXUSDT	+0.0086%	8h	153.12	+0.098%	$30.8M	$43.0M	100x	as long as short
Paradex SPCX-USD-PERP	+0.0089%	8h	153.12	+0.097%	$101	—	5x	as long as short
Pacifica SPCXlong	+0.0100%	1h	152.97	long leg	$169K	$133K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	153.00	+0.020%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.14	+0.111%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.09	+0.078%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.09	+0.078%	$89	—	10x	as long as short
Bitget SPCXUSDT	+0.0146%	8h	153.13	+0.105%	$31.9M	$66.2M	75x	as long as short
Bullet SPCX-USD	+0.0170%	1h	153.10	+0.083%	$11K	$189K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0180%	1h	153.05	+0.052%	$142.4M	$119.1M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0197%	8h	153.11	+0.092%	$39.4M	$169.0M	75x	as long as short
Variational Omni SPCX	+0.0207%	8h	153.07	+0.065%	$6.0M	$3.3M	—	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0208%	1h	153.04	+0.046%	$72K	$1.1M	10x	as long as short
Binance SPCXUSDT	+0.0222%	8h	153.09	+0.078%	$252.8M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0224%	1h	153.05	+0.052%	$736K	$3.8M	10x	as long as short
Nado SPCX-PERP	+0.0244%	1h	152.99	+0.013%	$622K	$838K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	152.97	0.000%	$738K	$983K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.08	+0.072%	$445K	$270K	15x	as long as short
Aster SPCXUSD1	+0.0408%	8h	153.13	+0.106%	$19.0M	$14.8M	20x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.12	+0.101%	$408K	$539K	20x	as long as short