Funding you earn now, next payment 06:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.005%
Price spread now: Lighter RH against Polymarket Perps−0.007%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$140.137% of the position
Funding, last 7 days−0.029%−$3 on $10k
+Price spread, last 7 days+0.051%+$5 · spread now −0.007%, 7d avg +0.010%
=Together, before fees+0.023%+ 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 +0.010%, 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 | Polymarket Perps SPCX-USD | 152.44 | 0.0050 | pay 0.0006% / 1h | 30m 59s | $487K | $1.2M | 10x |
| Short | Lighter RH SPCX | 152.43 | 0.0032 | get 0.0004% / 1h | 30m 59s | $2.5M | $7.3M | 20x |
Polymarket Perps SPCX-USD
Lighter RH SPCXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Polymarket Perps. 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
- −$3.78
- Price spread: −0.007% → +0.010%
- −$1.7
- Slippage, 4 orders
- −$5.71
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$19.19
- Costs to cover
- 0.137%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 2 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 Polymarket Perps live order book, 2 min ago | 1.31 bp | 5.3 bp −$5 | 5.8 bp −$58 | 8.2 bp −$825 | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 1.31 bp | 1.3 bp −$1 | 2.9 bp −$29 | 28.0 bp −$2,798 | 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 | 152.40 | −0.030% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | 0.0000% | 8h | 152.48 | +0.026% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.51 | +0.046% | $30.6M | $42.7M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.47 | +0.020% | $96.1M | $31.7M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.53 | +0.059% | $31.3M | $65.8M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.177% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.47 | +0.020% | $300K | $2.8M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.69 | +0.164% | $8K | $910K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.57 | +0.085% | $1.3M | $1.8M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0022% | 1h | 152.36 | −0.053% | $7K | $8K | 10x | as long as short |
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 SPCXUSDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SPCX | +0.0032% | 1h | 152.46 | +0.013% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCXshort | +0.0032% | 1h | 152.43 | −0.007% | $2.5M | $7.3M | 20x | |
| Arcus SPCX-USD | +0.0040% | 1h | 152.39 | −0.033% | $105K | $297K | 5x | as long as short |
| QFEX SPCX-USD | +0.0043% | 1h | 152.47 | +0.020% | $1.2M | $5.6M | 10x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.49 | +0.033% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.41 | −0.020% | $130.9M | $128.6M | 20x | as long as short |
| Polymarket Perps SPCX-USDlong | +0.0050% | 1h | 152.44 | long leg | $487K | $1.2M | 10x | |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.48 | +0.026% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.51 | +0.046% | $531K | $387K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.27 | −0.112% | $3.2M | $2.3M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0061% | 8h | 152.51 | +0.045% | $101 | — | 5x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0078% | 1h | 152.47 | +0.020% | $87K | $1.3M | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.39 | −0.033% | $169K | $118K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.42 | −0.013% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.37 | −0.046% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.51 | +0.046% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.49 | +0.030% | $88 | — | 10x | as long as short |
| Variational Omni SPCX | +0.0112% | 8h | 152.48 | +0.027% | $6.0M | $2.8M | — | as long as short |
| Binance SPCXUSDT | +0.0120% | 8h | 152.52 | +0.052% | $250.7M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0120% | 1h | 152.51 | +0.045% | $731K | $4.6M | 10x | as long as short |
| Nado SPCX-PERP | +0.0122% | 1h | 152.41 | −0.019% | $613K | $802K | 20x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0126% | 8h | 152.53 | +0.059% | $39.3M | $166.3M | 75x | as long as short |
| Bullet SPCX-USD | +0.0153% | 1h | 152.50 | +0.038% | $11K | $193K | 10x | as long as short |
| RISEx SPCX/USDC | +0.0238% | 1h | 152.53 | +0.056% | $408K | $513K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0248% | 1h | 152.44 | 0.000% | $739K | $923K | 10x | as long as short |
| Phoenix SPCX | +0.0263% | 1h | 152.45 | +0.007% | $443K | $266K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0378% | 8h | 152.59 | +0.095% | $18.9M | $24.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.70 | +0.171% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0963% | 4h | 152.42 | −0.011% | $1.7M | $893K | 20x | as long as short |
Lighter SPCX
Arcus SPCX-USD
QFEX SPCX-USD
Vest SPCX-USD-PERP
tradeXYZ xyz:SPCX
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
Paradex SPCX-USD-PERP
Deribit SPCX_USDC-PERPETUAL
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
Nado SPCX-PERP
OKX SPCX-USDT-SWAP
Bullet SPCX-USD
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC