Funding you earn now, next payment 07:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.13 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter against Vest0.000%46s7-day average +0.041% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.011%−$1 on $10k
+Price spread, last 7 days+0.003%$0 · spread now 0.000%, 7d avg +0.041%
=Together, before fees−0.008%+ Points / potential airdropVest: Active · Lighter: Season 3 · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.041% cheaper against Vest than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.041%). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SPCX-USD-PERP | 152.28 | 0.0046 | pay 0.0006% / 1h | 1m 49s | — | $1.2M | 10x |
| Short | Lighter SPCX | 152.28 | 0.0152 | get 0.0019% / 1h | 1m 49s | $1.6M | $7.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Vest. 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
- $22.33
- Price spread: 0.000% → +0.041%
- −$4.14
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $16.18
- Costs to cover
- 0.020%
- Break-even
- 1.9 days
Slippage unknown: Vest: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.
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 Vest no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 0.66 bp | 0.7 bp −$1 | 1.4 bp −$14 | 10.1 bp −$1,012 | doesn't fit |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0234% / S +0.0471% | 1h | 152.26 | −0.010% | $90K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.32 | +0.026% | $96.1M | $32.0M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.36 | +0.053% | $31.2M | $66.0M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.298% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.36 | +0.053% | $300K | $2.7M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.61 | +0.217% | $8K | $894K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.42 | +0.092% | $1.3M | $1.8M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0017% | 8h | 152.35 | +0.046% | $30.6M | $42.7M | 100x | as long as short |
| BloFin SPCX-USDT | +0.0027% | 8h | 152.40 | +0.079% | $1.9M | $1.2M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0029% | 1h | 152.30 | +0.011% | $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 SPCX | +0.0032% | 1h | 152.26 | −0.013% | $2.5M | $7.3M | 20x | as long as short |
| QFEX SPCX-USD | +0.0038% | 1h | 152.34 | +0.039% | $1.2M | $5.5M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.28 | 0.000% | $103K | $298K | 5x | as long as short |
| Vest SPCX-USD-PERPlong | +0.0046% | 1h | 152.28 | long leg | — | $1.2M | 10x | |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.31 | +0.020% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.36 | +0.053% | $530K | $376K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.16 | −0.079% | $3.2M | $2.2M | 10x | as long as short |
| RISEx SPCX/USDC | +0.0072% | 1h | 152.38 | +0.066% | $392K | $507K | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.23 | −0.033% | $168K | $120K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.21 | −0.046% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.40 | +0.079% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.36 | +0.053% | $14K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.34 | +0.039% | $88 | — | 10x | as long as short |
| edgeX SPCXUSDC | +0.0116% | 4h | 152.36 | +0.050% | $1.7M | $892K | 20x | as long as short |
| tradeXYZ xyz:SPCX | +0.0122% | 1h | 152.27 | −0.007% | $130.0M | $129.0M | 20x | as long as short |
| Variational Omni SPCX | +0.0131% | 8h | 152.38 | +0.065% | $5.9M | $2.8M | — | as long as short |
| Paradex SPCX-USD-PERP | +0.0132% | 8h | 152.32 | +0.027% | $101 | — | 5x | as long as short |
| Extended SPCX-USD | +0.0144% | 1h | 152.30 | +0.011% | $724K | $3.6M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0145% | 1h | 152.32 | +0.026% | $487K | $1.2M | 10x | as long as short |
| Binance SPCXUSDT | +0.0147% | 8h | 152.34 | +0.039% | $251.9M | $1.36B | 75x | as long as short |
| Lighter SPCXshort | +0.0152% | 1h | 152.28 | 0.000% | $1.6M | $7.4M | 20x | |
| OKX SPCX-USDT-SWAP | +0.0156% | 8h | 152.37 | +0.059% | $39.5M | $166.5M | 75x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0192% | 1h | 152.28 | 0.000% | $732K | $923K | 10x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.38 | +0.066% | $443K | $266K | 15x | as long as short |
| Nado SPCX-PERP | +0.0266% | 1h | 152.21 | −0.044% | $626K | $805K | 20x | as long as short |
| Bullet SPCX-USD | +0.0299% | 1h | 152.36 | +0.051% | $11K | $192K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0411% | 8h | 152.46 | +0.120% | $18.9M | $29.2M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.77 | +0.322% | $9K | $28K | 5.5x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0604% | 1h | 152.33 | +0.033% | $90K | $1.3M | 10x | as long as short |
Lighter SPCX
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Bybit SPCXUSDT
BloFin SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCX
SoDEX SPCX-USD
Phemex SPCXUSDT
RISEx SPCX/USDC
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
edgeX SPCXUSDC
tradeXYZ xyz:SPCX
Variational Omni SPCX
Paradex SPCX-USD-PERP
Extended SPCX-USD
Polymarket Perps SPCX-USD
Binance SPCXUSDT
OKX SPCX-USDT-SWAP
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Bullet SPCX-USD
Aster SPCXUSD1
Injective SPCX/USDC PERP
Deribit SPCX_USDC-PERPETUAL