Settings8H · net · $10k
Funding arb · Price arb /

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against SunX−0.170%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$640.639% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 4 days (all we have)+0.445%+$44 · spread now −0.170%, 7d avg −0.090%
Together, before fees+0.512%+ Points / potential airdropLighter RH: Points live · farm board+$51 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.080% cheaper against SunX than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of −0.090%). If the spread goes back, that is −$8 on $10k: about 8.3 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SPCX-USDT153.240get 0.0000% / 8h5h 09m$8K$936K10x
ShortLighter RH SPCX152.980.0032get 0.0004% / 1h9m 51s$2.5M$7.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against SunX. 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

Funding earned
$6.72
Price spread: −0.170% → −0.090%
−$8
Slippage, 4 orders
−$55.87
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$65.15
Costs to cover
0.639%
Break-even
74.9 days
Slippage from SunX: live order book, 23 min ago; Lighter RH: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 23 min ago21.88 bp25.9 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 4 min ago1.63 bp1.8 bp −$23.7 bp −$3732.0 bp −$3,198doesn't fit

SPCX on 39 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SPCX/USD [ETH-USDC]L −0.0333% / S +0.0531%1h153.03−0.140%$88K20xas long as short
Gate SPCX_USDT0.0000%8h153.03−0.137%$96.2M$31.3M100xas long as short
Bitget SPCXUSDT0.0000%8h153.08−0.104%$31.7M$65.5M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+12.586%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.98−0.170%$302K$3.0M20xas long as short
SunX SPCX-USDTlong0.0000%8h153.24long leg$8K$936K10x
HTX SPCX-USDT0.0000%8h153.06−0.117%$1.3M$1.7M75xas long as short
Bybit SPCXUSDT+0.0025%8h153.05−0.124%$30.8M$42.9M100xas long as short
Aftermath Perps SPCXUSD+0.0026%1h152.97−0.173%$8K$8K10xas long as short
Lighter RH SPCXshort+0.0032%1h152.98−0.170%$2.5M$7.2M20x
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus SPCX-USD+0.0040%1h152.97−0.176%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h153.03−0.137%$1.2M10xas long as short
QFEX SPCX-USD+0.0048%1h153.02−0.144%$1.2M$6.5M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.99−0.163%$499K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h153.03−0.137%$1.7M$93K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.02−0.144%$534K$398K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.91−0.215%$3.2M$2.5M10xas long as short
BloFin SPCX-USDT+0.0064%8h153.06−0.117%$1.9M$1.4M75xas long as short
Lighter SPCX+0.0064%1h153.01−0.150%$1.6M$7.2M20xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0077%1h152.99−0.163%$73K$1.2M10xas long as short
Paradex SPCX-USD-PERP+0.0078%8h153.06−0.116%$1015xas long as short
Pacifica SPCX+0.0100%1h152.97−0.176%$169K$129K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.96−0.183%$13.0M$5.4M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h153.05−0.124%$58K$271K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.04−0.131%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h153.04−0.132%$8910xas long as short
Variational Omni SPCX+0.0170%8h153.03−0.140%$6.0M$3.1Mas long as short
Bullet SPCX-USD+0.0171%1h153.06−0.117%$11K$190K10xas long as short
OKX SPCX-USDT-SWAP+0.0174%8h153.07−0.111%$39.5M$167.5M75xas long as short
Binance SPCXUSDT+0.0183%8h153.06−0.115%$252.5M$1.37B75xas long as short
Extended SPCX-USD+0.0184%1h153.02−0.141%$734K$3.8M10xas long as short
tradeXYZ xyz:SPCX+0.0191%1h153.01−0.150%$142.0M$118.9M20xas long as short
RISEx SPCX/USDC+0.0199%1h153.09−0.098%$410K$540K20xas long as short
Nado SPCX-PERP+0.0226%1h152.96−0.183%$618K$828K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0256%1h153.04−0.131%$738K$980K10xas long as short
Phoenix SPCX+0.0262%1h153.03−0.137%$445K$267K15xas long as short
edgeX SPCXUSDC+0.0379%4h153.01−0.149%$1.7M$891K20xas long as short
Aster SPCXUSD1+0.0415%8h153.12−0.081%$18.9M$17.4M20xas long as short
Injective SPCX/USDC PERP+0.0440%1h153.28+0.026%$9K$27K5.5xas long as short