SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0157%/8h= +17.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.011%

Price spread now: tradeXYZ against Lighter RH+0.020%7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$230.229% of the position

Long on Lighter RH Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

Price spread, last 7 days−0.056%−$6 · spread now +0.020%, 7d avg −0.025%

Together, before fees−0.145%+ Points / potential airdropLighter RH: Points live · tradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and tradeXYZ is 0.045% dearer against Lighter RH than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.089%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH SPCX	152.93	0.0032	pay 0.0004% / 1h	23m 36s	$2.5M	$7.2M	20x
Short	tradeXYZ xyz:SPCX	152.96	0.0189	get 0.0024% / 1h	23m 36s	$142.0M	$119.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.020%Rate

Funding earned: $32.9
Price spread: +0.020% → −0.025%: $4.51
Slippage, 4 orders: −$4.95
Fee Lighter RH: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $14.47
Costs to cover: 0.229%
Break-even: 3.9 days

Slippage from Lighter RH: live order book, 5 min ago; tradeXYZ: live order book, 5 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, 5 min ago	1.63 bp	1.8 bp −$2	2.8 bp −$28	27.6 bp −$2,761	doesn't fit
Sell tradeXYZ live order book, 5 min ago	0.33 bp	9.9 bp −$10	10.5 bp −$105	12.6 bp −$1,264	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 +0.0531%	1h	152.96	+0.016%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.97	+0.026%	$96.1M	$31.3M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	153.04	+0.072%	$31.7M	$65.6M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.813%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.91	−0.013%	$302K	$3.0M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.22	+0.190%	$8K	$939K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.01	+0.052%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0027%	1h	152.97	+0.026%	$8K	$8K	10x	as long as short
Bybit SPCXUSDT	+0.0027%	8h	153.01	+0.052%	$30.8M	$42.8M	100x	as long as short
Lighter RH SPCXlong	+0.0032%	1h	152.93	long leg	$2.5M	$7.2M	20x

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus SPCX-USD	+0.0040%	1h	152.92	−0.007%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.97	+0.026%	—	$1.2M	10x	as long as short
Lighter SPCX	+0.0048%	1h	152.96	+0.020%	$1.6M	$7.2M	20x	as long as short
QFEX SPCX-USD	+0.0048%	1h	152.98	+0.033%	$1.2M	$6.5M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.96	+0.020%	$499K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.97	+0.026%	$1.7M	$93K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.97	+0.026%	$534K	$400K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.83	−0.065%	$3.2M	$2.5M	10x	as long as short
BloFin SPCX-USDT	+0.0066%	8h	153.00	+0.046%	$1.9M	$1.4M	75x	as long as short
Paradex SPCX-USD-PERP	+0.0073%	8h	153.03	+0.067%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.91	−0.013%	$169K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.87	−0.039%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.93	0.000%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.03	+0.065%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.99	+0.038%	$89	—	10x	as long as short
Bullet SPCX-USD	+0.0158%	1h	153.00	+0.043%	$11K	$190K	10x	as long as short
Variational Omni SPCX	+0.0171%	8h	152.97	+0.029%	$6.0M	$3.1M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0175%	8h	153.00	+0.046%	$39.5M	$167.6M	75x	as long as short
Extended SPCX-USD	+0.0184%	1h	152.97	+0.026%	$734K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0184%	8h	153.01	+0.051%	$252.4M	$1.37B	75x	as long as short
tradeXYZ xyz:SPCXshort	+0.0189%	1h	152.96	+0.020%	$142.0M	$119.2M	20x
RISEx SPCX/USDC	+0.0199%	1h	153.05	+0.081%	$408K	$549K	20x	as long as short
edgeX SPCXUSDC	+0.0211%	4h	152.97	+0.029%	$1.7M	$892K	20x	as long as short
Nado SPCX-PERP	+0.0217%	1h	152.91	−0.014%	$622K	$830K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0256%	1h	153.01	+0.052%	$738K	$980K	10x	as long as short
Phoenix SPCX	+0.0262%	1h	152.98	+0.033%	$445K	$267K	15x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0273%	1h	152.95	+0.013%	$73K	$1.2M	10x	as long as short
Aster SPCXUSD1	+0.0408%	8h	153.08	+0.100%	$19.0M	$17.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.28	+0.229%	$9K	$27K	5.5x	as long as short