Funding you earn now, next payment 06:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: Lighter RH against Vest−0.059%7-day average +0.025% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.014%−$1 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.059%, 7d avg +0.025%
=Together, before fees+0.020%+ Points / potential airdropVest: Active · Lighter RH: Points live · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Lighter RH is 0.084% cheaper against Vest than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.025%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest SPCX-USD-PERP | 152.68 | 0.0046 | pay 0.0006% / 1h | 1m 38s | — | $1.2M | 10x |
| Short | Lighter RH SPCX | 152.59 | 0.0032 | get 0.0004% / 1h | 1m 38s | $2.5M | $7.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH 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
- −$2.87
- Price spread: −0.059% → +0.025%
- −$8.37
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$13.24
- Costs to cover
- 0.020%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Lighter RH: live order book, 2 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 RH live order book, 2 min ago | 1.31 bp | 1.6 bp −$2 | 2.9 bp −$29 | 30.6 bp −$3,060 | 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 −0.0187% / S +0.0435% | 1h | 152.63 | −0.029% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0026% | 8h | 152.68 | 0.000% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.71 | +0.020% | $30.7M | $42.7M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.68 | 0.000% | $96.3M | $32.0M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.73 | +0.033% | $31.2M | $65.9M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.003% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.74 | +0.039% | $301K | $2.7M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.94 | +0.170% | $8K | $897K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.80 | +0.079% | $1.3M | $1.8M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0017% | 1h | 152.65 | −0.021% | $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 SPCX | +0.0032% | 1h | 152.61 | −0.046% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCXshort | +0.0032% | 1h | 152.59 | −0.059% | $2.5M | $7.3M | 20x | |
| Arcus SPCX-USD | +0.0040% | 1h | 152.65 | −0.020% | $105K | $297K | 5x | as long as short |
| QFEX SPCX-USD | +0.0043% | 1h | 152.66 | −0.013% | $1.2M | $5.5M | 10x | as long as short |
| Vest SPCX-USD-PERPlong | +0.0046% | 1h | 152.68 | long leg | — | $1.2M | 10x | |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.60 | −0.052% | $130.2M | $129.1M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.64 | −0.026% | $488K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.68 | 0.000% | $1.7M | $96K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.71 | +0.020% | $531K | $384K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.60 | −0.052% | $3.2M | $2.3M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0056% | 8h | 152.71 | +0.022% | $101 | — | 5x | as long as short |
| Variational Omni SPCX | +0.0081% | 8h | 152.73 | +0.032% | $6.0M | $2.8M | — | as long as short |
| Binance SPCXUSDT | +0.0092% | 8h | 152.71 | +0.016% | $250.0M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0096% | 1h | 152.66 | −0.015% | $731K | $4.6M | 10x | as long as short |
| Nado SPCX-PERP | +0.0096% | 1h | 152.60 | −0.056% | $612K | $801K | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.60 | −0.052% | $169K | $118K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.60 | −0.052% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.66 | −0.013% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.70 | +0.013% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.68 | +0.001% | $89 | — | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0109% | 8h | 152.72 | +0.026% | $39.6M | $166.9M | 75x | as long as short |
| Bullet SPCX-USD | +0.0120% | 1h | 152.72 | +0.028% | $11K | $192K | 10x | as long as short |
| RISEx SPCX/USDC | +0.0238% | 1h | 152.71 | +0.018% | $409K | $513K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0248% | 1h | 152.70 | +0.013% | $731K | $938K | 10x | as long as short |
| Phoenix SPCX | +0.0263% | 1h | 152.77 | +0.059% | $444K | $266K | 15x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0274% | 1h | 152.65 | −0.020% | $88K | $1.3M | 10x | as long as short |
| Aster SPCXUSD1 | +0.0349% | 8h | 152.74 | +0.041% | $18.9M | $24.8M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 153.00 | +0.210% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0575% | 4h | 152.73 | +0.032% | $1.7M | $893K | 20x | as long as short |
Lighter RH SPCX
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 SPCXUSD
Lighter SPCX
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Paradex SPCX-USD-PERP
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
OKX SPCX-USDT-SWAP
Bullet SPCX-USD
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Deribit SPCX_USDC-PERPETUAL
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC