SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0102%/8h= +11.1% APRnext payment +$0.13 per $10,000 · paid last 24h +0.012%

Price spread now: Bullet against Lighter RH+0.061%7-day average +0.050% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$16as in the Price arb table

costs, in and out, $10k−$170.174% of the position

Long on Lighter RH Short on Bullet

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.072%+$7 on $10k

Price spread, last 3 days (all we have)+0.062%+$6 · spread now +0.061%, 7d avg +0.050%

Together, before fees+0.134%+ Points / potential airdropLighter RH: Points live · farm board+$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SPCX	152.96	0.0032	pay 0.0004% / 1h	57m 15s	$2.5M	$7.2M	20x
Short	Bullet SPCX-USD	153.05	0.0134	get 0.0017% / 1h	57m 15s	$11K	$189K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bullet 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

Position, each leg$Hold fordaysFee Lighter RHbpFee BulletbpOrdersPrice spread, now +0.061%Rate

Funding earned: $21.34
Price spread: +0.061% → +0.050%: $1.15
Slippage, 4 orders: −$9.38
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Bullet: 4 bp × 2 orders: −$8
Net: $5.12
Costs to cover: 0.174%
Break-even: 5.3 days

Slippage from Lighter RH: live order book, 1 min ago; Bullet: live order book, 12 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 Lighter RH live order book, 1 min ago	0.98 bp	1.8 bp −$2	3.7 bp −$37	31.4 bp −$3,139	doesn't fit
Sell Bullet live order book, 12 min ago	0.65 bp	8.0 bp −$8	20.8 bp −$208	doesn't fit	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 −0.0333% / S +0.0532%	1h	153.01	+0.036%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.01	+0.033%	$96.3M	$31.1M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.790%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.97	+0.007%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.34	+0.248%	$8K	$950K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.06	+0.065%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	153.01	+0.034%	$8K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.98	+0.013%	$1.6M	$7.2M	20x	as long as short
Lighter RH SPCXlong	+0.0032%	1h	152.96	long leg	$2.5M	$7.2M	20x
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.805%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus SPCX-USD	+0.0040%	1h	152.99	+0.020%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.02	+0.039%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	153.00	+0.026%	$1.2M	$7.1M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.01	+0.033%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.02	+0.039%	$1.7M	$87K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.03	+0.046%	$534K	$404K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.92	−0.026%	$3.2M	$2.6M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0086%	8h	153.05	+0.056%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.92	−0.026%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.93	−0.020%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.97	+0.007%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.06	+0.065%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.04	+0.051%	$89	—	10x	as long as short
Bybit SPCXUSDT	+0.0112%	8h	153.03	+0.046%	$30.8M	$42.8M	100x	as long as short
BloFin SPCX-USDT	+0.0121%	8h	153.09	+0.085%	$1.9M	$1.4M	75x	as long as short
Bullet SPCX-USDshort	+0.0134%	1h	153.05	+0.061%	$11K	$189K	10x
tradeXYZ xyz:SPCX	+0.0181%	1h	153.01	+0.033%	$142.7M	$119.5M	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0208%	1h	152.98	+0.013%	$72K	$1.1M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0210%	8h	153.07	+0.072%	$39.3M	$168.8M	75x	as long as short
Variational Omni SPCX	+0.0226%	8h	153.02	+0.038%	$6.0M	$3.5M	—	as long as short
Binance SPCXUSDT	+0.0239%	8h	153.04	+0.050%	$252.6M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0240%	1h	153.00	+0.026%	$734K	$3.8M	10x	as long as short
Nado SPCX-PERP	+0.0255%	1h	152.94	−0.014%	$620K	$847K	20x	as long as short
Bitget SPCXUSDT	+0.0267%	8h	153.06	+0.065%	$31.7M	$66.5M	75x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	153.14	+0.118%	$728K	$986K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.04	+0.052%	$445K	$270K	15x	as long as short
Aster SPCXUSD1	+0.0390%	8h	153.14	+0.118%	$19.0M	$18.0M	20x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.09	+0.082%	$408K	$539K	20x	as long as short
edgeX SPCXUSDC	+0.0618%	4h	153.03	+0.049%	$1.7M	$892K	20x	as long as short