SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.058%

Price spread now: Lighter RH against RISEx−0.085%7-day average −0.081% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$130.128% of the position

Long on RISEx Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.077%−$8 on $10k

Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.085%, 7d avg −0.081%

Together, before fees−0.080%+ Points / potential airdropLighter RH: Points live · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.081%, 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	RISEx SPCX/USDC	152.45	0.0072	pay 0.0009% / 1h	38m 48s	$408K	$498K	20x
Short	Lighter RH SPCX	152.32	0.0032	get 0.0004% / 1h	38m 48s	$2.5M	$7.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against RISEx. 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 RISExbpFee Lighter RHbpOrdersPrice spread, now −0.085%Rate

Funding earned: −$8.5
Price spread: −0.085% → −0.081%: −$0.4
Slippage, 4 orders: −$6.75
Fee RISEx: 3 bp × 2 orders: −$6
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$21.66
Costs to cover: 0.128%
Break-even: never at this rate

Slippage from RISEx: live order book, 5 min ago; Lighter RH: 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 RISEx live order book, 5 min ago	1.64 bp	4.6 bp −$5	5.6 bp −$56	doesn't fit	doesn't fit
Sell Lighter RH live order book, 5 min ago	1.31 bp	1.9 bp −$2	3.6 bp −$36	27.6 bp −$2,757	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	152.31	−0.089%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0016%	8h	152.40	−0.033%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.40	−0.033%	$30.6M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.36	−0.059%	$96.1M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.42	−0.020%	$31.2M	$66.1M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+13.166%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.38	−0.046%	$300K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.72	+0.177%	$8K	$897K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.53	+0.052%	$1.3M	$1.8M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0022%	1h	152.39	−0.038%	$7K	$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 RH SPCXshort	+0.0032%	1h	152.32	−0.085%	$2.5M	$7.3M	20x
QFEX SPCX-USD	+0.0038%	1h	152.40	−0.033%	$1.2M	$5.5M	10x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.41	−0.026%	$103K	$299K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.36	−0.059%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.38	−0.046%	$1.7M	$97K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.42	−0.020%	$531K	$382K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.27	−0.118%	$3.2M	$2.2M	10x	as long as short
RISEx SPCX/USDClong	+0.0072%	1h	152.45	long leg	$408K	$498K	20x
Paradex SPCX-USD-PERP	+0.0081%	8h	152.43	−0.011%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0085%	8h	152.43	−0.014%	$6.0M	$2.8M	—	as long as short
tradeXYZ xyz:SPCX	+0.0086%	1h	152.32	−0.085%	$129.9M	$129.0M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0088%	1h	152.40	−0.033%	$487K	$1.2M	10x	as long as short
Pacifica SPCX	+0.0100%	1h	152.34	−0.072%	$169K	$120K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.28	−0.112%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.44	−0.007%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.41	−0.026%	$14K	$7K	10x	as long as short
Binance SPCXUSDT	+0.0104%	8h	152.40	−0.031%	$250.5M	$1.36B	75x	as long as short
Lighter SPCX	+0.0104%	1h	152.34	−0.072%	$1.6M	$7.4M	20x	as long as short
Extended SPCX-USD	+0.0104%	1h	152.37	−0.053%	$733K	$4.1M	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.39	−0.042%	$88	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0117%	8h	152.41	−0.026%	$39.5M	$166.6M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0192%	1h	152.62	+0.112%	$726K	$932K	10x	as long as short
Phoenix SPCX	+0.0210%	1h	152.48	+0.020%	$443K	$266K	15x	as long as short
Nado SPCX-PERP	+0.0234%	1h	152.30	−0.101%	$626K	$808K	20x	as long as short
Bullet SPCX-USD	+0.0262%	1h	152.41	−0.026%	$11K	$192K	10x	as long as short
Aster SPCXUSD1	+0.0367%	8h	152.51	+0.038%	$18.8M	$26.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.81	+0.236%	$9K	$28K	5.5x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0473%	1h	152.36	−0.059%	$89K	$1.3M	10x	as long as short
edgeX SPCXUSDC	+0.0737%	4h	152.45	+0.003%	$1.7M	$891K	20x	as long as short