Funding you earn now, next payment 05:00 UTC+0.0408%/8h= +44.7% APRnext payment +$0.51 per $10,000 · paid last 24h +0.010%
Price spread now: Injective against Lighter RH+0.505%67s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.021%+$2 on $10k
+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
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Injective is 0.505% dearer against Lighter RH than usual: you sell high and buy low: +$51 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.021% in total (about 1.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.51 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SPCX | 152.42 | 0.0032 | pay 0.0004% / 1h | 13m 52s | $2.5M | $7.4M | 20x |
| Short | Injective SPCX/USDC PERP | 153.19 | 0.0440 | get 0.0055% / 1h | 13m 52s | $9K | $28K | 5.5x |
Lighter RH SPCX
Injective SPCX/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $85.68
- Price spread: +0.505% → 0.000%
- $50.52
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $136.18
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter RH: live order book, 5 min ago; Injective: 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 | 1.4 bp −$1 | 3.6 bp −$36 | 31.8 bp −$3,184 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 −0.0265% / S +0.0494% | 1h | 152.38 | −0.023% | $90K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.50 | +0.052% | $96.3M | $31.6M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.55 | +0.085% | $31.3M | $65.9M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +13.193% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.55 | +0.085% | $300K | $2.9M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.71 | +0.190% | $8K | $919K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.58 | +0.105% | $1.3M | $1.8M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0014% | 8h | 152.53 | +0.072% | $30.6M | $42.7M | 100x | as long as short |
| BloFin SPCX-USDT | +0.0023% | 8h | 152.54 | +0.079% | $1.9M | $1.3M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0029% | 1h | 152.38 | −0.025% | $7K | $8K | 10x | as long as short |
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 SPCXUSDShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SPCXlong | +0.0032% | 1h | 152.42 | long leg | $2.5M | $7.4M | 20x | |
| Arcus SPCX-USD | +0.0040% | 1h | 152.39 | −0.020% | $105K | $297K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.49 | +0.046% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.44 | +0.013% | $493K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.47 | +0.033% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.50 | +0.052% | $531K | $391K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.34 | −0.052% | $3.2M | $2.4M | 10x | as long as short |
| QFEX SPCX-USD | +0.0050% | 1h | 152.47 | +0.033% | $1.2M | $5.7M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0057% | 8h | 152.51 | +0.062% | $101 | — | 5x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0078% | 1h | 152.44 | +0.013% | $86K | $1.2M | 10x | as long as short |
| Lighter SPCX | +0.0080% | 1h | 152.45 | +0.020% | $1.6M | $7.4M | 20x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.39 | −0.020% | $169K | $120K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.34 | −0.052% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.37 | −0.033% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.51 | +0.059% | $14K | $7K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0102% | 1h | 152.39 | −0.020% | $131.1M | $128.4M | 20x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.48 | +0.039% | $88 | — | 10x | as long as short |
| Variational Omni SPCX | +0.0134% | 8h | 152.48 | +0.038% | $6.0M | $2.9M | — | as long as short |
| Binance SPCXUSDT | +0.0142% | 8h | 152.52 | +0.064% | $250.5M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0144% | 1h | 152.47 | +0.030% | $731K | $4.9M | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0146% | 8h | 152.54 | +0.079% | $39.4M | $166.4M | 75x | as long as short |
| Nado SPCX-PERP | +0.0201% | 1h | 152.43 | +0.008% | $613K | $802K | 20x | as long as short |
| Bullet SPCX-USD | +0.0210% | 1h | 152.50 | +0.055% | $11K | $192K | 10x | as long as short |
| RISEx SPCX/USDC | +0.0217% | 1h | 152.52 | +0.066% | $408K | $517K | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0248% | 1h | 152.44 | +0.013% | $739K | $931K | 10x | as long as short |
| Phoenix SPCX | +0.0261% | 1h | 152.37 | −0.033% | $443K | $264K | 15x | as long as short |
| edgeX SPCXUSDC | +0.0370% | 4h | 152.46 | +0.025% | $1.7M | $893K | 20x | as long as short |
| Aster SPCXUSD1 | +0.0417% | 8h | 152.57 | +0.100% | $18.9M | $24.0M | 20x | as long as short |
| Injective SPCX/USDC PERPshort | +0.0440% | 1h | 153.19 | +0.505% | $9K | $28K | 5.5x |
Arcus SPCX-USD
Vest SPCX-USD-PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
QFEX SPCX-USD
Paradex SPCX-USD-PERP
Deribit SPCX_USDC-PERPETUAL
Lighter SPCX
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
tradeXYZ xyz:SPCX
Aevo SPCX-PERP
Variational Omni SPCX
Binance SPCXUSDT
Extended SPCX-USD
OKX SPCX-USDT-SWAP
Nado SPCX-PERP
Bullet SPCX-USD
RISEx SPCX/USDC
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
edgeX SPCXUSDC
Aster SPCXUSD1