Funding you earn now, next payment 02:00 UTC−0.0566%/8h= −62.0% APRnext payment −$0.71 per $10,000 · paid last 24h −0.135%
Price spread now: GMX against Lighter RH+0.049%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
The price spread pays, funding is against you. GMX is 0.049% dearer against Lighter RH than usual: you sell high and buy low (spread +0.049% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SPCX | 152.92 | 0.0032 | pay 0.0004% / 1h | 33m 55s | $2.5M | $7.2M | 20x |
| Short | GMX SPCX/USD [ETH-USDC] | 153.00 | L −0.0337% / S +0.0534% | pay 0.0067% / 1h | 33m 55s | $88K | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$118.92
- Price spread: +0.049% → 0.000%
- $4.9
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$126.02
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Lighter RH: live order book, 5 min ago; GMX: no order-book sample. 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 Lighter RH live order book, 5 min ago | 1.31 bp | 1.7 bp −$2 | 3.5 bp −$35 | 28.8 bp −$2,883 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 38 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]short | L −0.0337% / S +0.0534% | 1h | 153.00 | +0.049% | $88K | — | 20x | |
| Gate SPCX_USDT | 0.0000% | 8h | 153.00 | +0.052% | $96.1M | $31.2M | 100x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.52 | +12.819% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.90 | −0.013% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.20 | +0.183% | $8K | $948K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.03 | +0.072% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 152.95 | +0.018% | $7K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.94 | +0.013% | $1.6M | $7.2M | 20x | as long as short |
| Lighter RH SPCXlong | +0.0032% | 1h | 152.92 | long leg | $2.5M | $7.2M | 20x | |
| Injective SPCX/USDC PERP | +0.0033% | 1h | 153.32 | +0.262% | $9K | $27K | 5.5x | as long as short |
Show all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus SPCX-USD | +0.0040% | 1h | 152.94 | +0.013% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.99 | +0.046% | — | $1.2M | 10x | as long as short |
| QFEX SPCX-USD | +0.0049% | 1h | 152.99 | +0.046% | $1.2M | $6.8M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.98 | +0.039% | $501K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 153.00 | +0.052% | $1.7M | $89K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 153.03 | +0.072% | $534K | $406K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.80 | −0.078% | $3.2M | $2.6M | 10x | as long as short |
| Bybit SPCXUSDT | +0.0064% | 8h | 153.04 | +0.078% | $30.9M | $42.8M | 100x | as long as short |
| Paradex SPCX-USD-PERP | +0.0079% | 8h | 153.02 | +0.066% | $101 | — | 5x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.93 | +0.007% | $169K | $133K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.91 | −0.007% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.89 | −0.020% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.01 | +0.059% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.00 | +0.050% | $89 | — | 10x | as long as short |
| Bullet SPCX-USD | +0.0133% | 1h | 153.03 | +0.071% | $11K | $190K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0150% | 1h | 152.99 | +0.046% | $142.4M | $119.1M | 20x | as long as short |
| Bitget SPCXUSDT | +0.0176% | 8h | 153.06 | +0.092% | $31.8M | $66.3M | 75x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0192% | 8h | 153.03 | +0.072% | $39.4M | $168.8M | 75x | as long as short |
| Variational Omni SPCX | +0.0205% | 8h | 153.00 | +0.053% | $6.0M | $3.3M | — | as long as short |
| Binance SPCXUSDT | +0.0220% | 8h | 153.03 | +0.072% | $252.9M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0224% | 1h | 152.99 | +0.045% | $736K | $3.8M | 10x | as long as short |
| Nado SPCX-PERP | +0.0245% | 1h | 152.90 | −0.013% | $620K | $840K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0288% | 1h | 152.97 | +0.033% | $730K | $976K | 10x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 152.99 | +0.046% | $445K | $270K | 15x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0339% | 1h | 152.97 | +0.033% | $72K | $1.1M | 10x | as long as short |
| Aster SPCXUSD1 | +0.0392% | 8h | 153.10 | +0.116% | $19.0M | $16.1M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0410% | 1h | 153.03 | +0.072% | $408K | $539K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0965% | 4h | 152.93 | +0.008% | $1.7M | $893K | 20x | as long as short |
Lighter RH SPCX
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCX
Injective SPCX/USDC PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Bybit SPCXUSDT
Paradex SPCX-USD-PERP
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Bullet SPCX-USD
tradeXYZ xyz:SPCX
Bitget SPCXUSDT
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Deribit SPCX_USDC-PERPETUAL
Aster SPCXUSD1
RISEx SPCX/USDC
edgeX SPCXUSDC