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

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0380%/8h= +41.6% APRpaid last 24h +0.022%
Price spread now: Aster against Lighter RH+0.144%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$130.125% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 7 days−0.051%−$5 · spread now +0.144%, 7d avg +0.073%
Together, before fees−0.046%+ Points / potential airdropLighter RH: Points live · Aster: Stage 5 · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Aster is 0.071% dearer against Lighter RH than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.073%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.006% in total (about 0.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SPCX152.200.0032pay 0.0004% / 1h53m 43s$2.5M$7.2M20x
ShortAster SPCXUSD1152.420.0412get 0.0412% / 8h53m 43s$18.9M$28.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Lighter RH. 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
$79.75
Price spread: +0.144% → +0.073%
$7.1
Slippage, 4 orders
−$4.51
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Aster: 4 bp × 2 orders
−$8
Net
$74.34
Costs to cover
0.125%
Break-even
0.5 days
Slippage from Lighter RH: live order book, 5 min ago; Aster: live order book, 5 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 Lighter RH live order book, 5 min ago1.31 bp1.5 bp −$13.7 bp −$3732.9 bp −$3,289doesn't fit
Sell Aster live order book, 5 min ago0.33 bp5.2 bp −$510.4 bp −$104doesn't fitdoesn'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 −0.0234% / S +0.0471%1h152.25+0.030%$90K20xas long as short
Gate SPCX_USDT0.0000%8h152.29+0.059%$96.1M$31.7M100xas long as short
Bitget SPCXUSDT0.0000%8h152.34+0.092%$31.2M$66.2M75xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.53+13.359%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.31+0.072%$300K$2.7M20xas long as short
SunX SPCX-USDT0.0000%8h152.51+0.204%$8K$894K10xas long as short
HTX SPCX-USDT0.0000%8h152.41+0.138%$1.3M$1.8M75xas long as short
Bybit SPCXUSDT+0.0015%8h152.29+0.059%$30.5M$42.7M100xas long as short
BloFin SPCX-USDT+0.0025%8h152.41+0.138%$1.9M$1.2M75xas long as short
Aftermath Perps SPCXUSD+0.0029%1h152.25+0.034%$7K$8K10xas long as short
Show all 39 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH SPCXlong+0.0032%1h152.20long leg$2.5M$7.2M20x
Lighter SPCX+0.0040%1h152.22+0.013%$1.6M$7.3M20xas long as short
Arcus SPCX-USD+0.0040%1h152.24+0.026%$103K$298K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.30+0.066%$1.2M10xas long as short
tradeXYZ xyz:SPCX+0.0050%1h152.200.000%$129.9M$129.1M20xas long as short
SoDEX SPCX-USD+0.0050%1h152.28+0.053%$1.7M$99K20xas long as short
Phemex SPCXUSDT+0.0050%8h152.33+0.085%$530K$375K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.17−0.020%$3.2M$2.2M10xas long as short
QFEX SPCX-USD+0.0070%1h152.29+0.059%$1.2M$5.5M10xas long as short
Pacifica SPCX+0.0100%1h152.22+0.013%$168K$120K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.200.000%$13.0M$5.6M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.23+0.020%$58K$272K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h152.35+0.099%$14K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h152.31+0.075%$8810xas long as short
Polymarket Perps SPCX-USD+0.0106%1h152.31+0.072%$487K$1.2M10xas long as short
Paradex SPCX-USD-PERP+0.0118%8h152.32+0.078%$1015xas long as short
Variational Omni SPCX+0.0132%8h152.31+0.070%$5.9M$2.8Mas long as short
Extended SPCX-USD+0.0144%1h152.28+0.051%$724K$3.6M10xas long as short
Binance SPCXUSDT+0.0145%8h152.28+0.053%$251.8M$1.36B75xas long as short
Bullet SPCX-USD+0.0151%1h152.33+0.085%$11K$192K10xas long as short
OKX SPCX-USDT-SWAP+0.0156%8h152.29+0.059%$39.6M$166.5M75xas long as short
Nado SPCX-PERP+0.0204%1h152.19−0.004%$626K$804K20xas long as short
Phoenix SPCX+0.0210%1h152.35+0.099%$443K$266K15xas long as short
Coinbase International SPCX-PERP-INTX+0.0240%1h152.34+0.092%$728K$931K10xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0341%1h152.29+0.059%$89K$1.3M10xas long as short
Aster SPCXUSD1short+0.0412%8h152.42+0.144%$18.9M$28.6M20x
Injective SPCX/USDC PERP+0.0440%1h152.61+0.269%$9K$28K5.5xas long as short
RISEx SPCX/USDC+0.0445%1h152.38+0.118%$392K$502K20xas long as short
edgeX SPCXUSDC+0.0932%4h152.31+0.070%$1.7M$891K20xas long as short