SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h +0.011%

Price spread now: Lighter against StandX−0.052%7-day average −0.063% · you buy dearer than you sell

Net, funding: paid 7d − costs−$15as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$220.224% of the position

Long on StandX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.072%+$7 on $10k

Price spread, last 7 days+0.017%+$2 · spread now −0.052%, 7d avg −0.063%

Together, before fees+0.088%+ Points / potential airdropStandX: Active · Lighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.063%, 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	StandX SPCX-USD	152.66	0	get 0.0000% / 1h	3m 02s	$302K	$3.1M	20x
Short	Lighter SPCX	152.58	0.0048	get 0.0006% / 1h	3m 02s	$1.6M	$7.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against StandX. 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 StandXbpFee LighterbpOrdersPrice spread, now −0.052%Rate

Funding earned: $10.08
Price spread: −0.052% → −0.063%: $1.09
Slippage, 4 orders: −$14.41
Fee StandX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$11.24
Costs to cover: 0.224%
Break-even: 14.8 days

Slippage from StandX: live order book, 1 min ago; Lighter: 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 StandX live order book, 1 min ago	4.59 bp	8.6 bp −$9	14.2 bp −$142	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	0.98 bp	1.0 bp −$1	1.5 bp −$15	21.5 bp −$2,148	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 −0.0335% / S +0.0533%	1h	152.62	−0.029%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.65	−0.007%	$96.5M	$31.2M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.50	+12.998%	$4K	$882	10x	as long as short
StandX SPCX-USDlong	0.0000%	1h	152.66	long leg	$302K	$3.1M	20x
SunX SPCX-USDT	0.0000%	8h	152.84	+0.118%	$8K	$991K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.61	−0.033%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	152.61	−0.032%	$7K	$10K	10x	as long as short
Lighter RH SPCX	+0.0032%	1h	152.57	−0.059%	$2.4M	$7.7M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+3.007%	$9K	$27K	5.5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.66	0.000%	—	$1.1M	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCXshort	+0.0048%	1h	152.58	−0.052%	$1.6M	$7.3M	20x
Polymarket Perps SPCX-USD	+0.0050%	1h	152.62	−0.026%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.62	−0.026%	$1.7M	$79K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.64	−0.013%	$540K	$406K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.49	−0.111%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0057%	1h	152.61	−0.033%	$1.2M	$7.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0092%	8h	152.65	−0.004%	$101	—	5x	as long as short
BloFin SPCX-USDT	+0.0097%	8h	152.64	−0.013%	$1.9M	$1.4M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	152.58	−0.052%	$175K	$135K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.52	−0.092%	$13.0M	$5.3M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.66	0.000%	$58K	$270K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.66	0.000%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.66	0.000%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0155%	8h	152.67	+0.007%	$30.7M	$42.3M	100x	as long as short
tradeXYZ xyz:SPCX	+0.0183%	1h	152.61	−0.033%	$129.9M	$107.3M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0186%	8h	152.65	−0.007%	$38.9M	$168.2M	75x	as long as short
Variational Omni SPCX	+0.0194%	8h	152.65	−0.008%	$6.1M	$4.3M	—	as long as short
Bullet SPCX-USD	+0.0194%	1h	152.63	−0.019%	$12K	$189K	10x	as long as short
Extended SPCX-USD	+0.0216%	1h	152.61	−0.032%	$715K	$3.6M	10x	as long as short
Binance SPCXUSDT	+0.0217%	8h	152.63	−0.020%	$256.1M	$1.38B	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0232%	1h	152.71	+0.033%	$741K	$947K	10x	as long as short
Aster SPCXUSD1	+0.0246%	8h	152.68	+0.013%	$19.0M	$21.3M	20x	as long as short
Phoenix SPCX	+0.0262%	1h	152.68	+0.013%	$374K	$191K	15x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0274%	1h	152.65	−0.007%	$71K	$1.1M	10x	as long as short
Arcus SPCX-USD	+0.0293%	1h	152.58	−0.052%	$106K	$296K	5x	as long as short
Nado SPCX-PERP	+0.0298%	1h	152.53	−0.087%	$625K	$878K	20x	as long as short
Bitget SPCXUSDT	+0.0342%	8h	152.65	−0.007%	$31.1M	$66.5M	75x	as long as short
RISEx SPCX/USDC	+0.0462%	1h	152.69	+0.016%	$393K	$539K	20x	as long as short
edgeX SPCXUSDC	+0.0843%	4h	152.64	−0.011%	$1.7M	$893K	20x	as long as short