Funding you earn now, next payment 01:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.018%
Price spread now: Lighter against Pacifica+0.026%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$140.138% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.026%, 7d avg +0.035%
=Together, before fees−0.018%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SPCX | 152.96 | 0.0100 | pay 0.0013% / 1h | 2m 26s | $173K | $129K | 10x |
| Short | Lighter SPCX | 153.00 | 0.0032 | get 0.0004% / 1h | 2m 26s | $1.6M | $7.4M | 20x |
Pacifica SPCX
Lighter SPCXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. 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
- −$14.28
- Price spread: +0.026% → +0.035%
- −$0.92
- Slippage, 4 orders
- −$5.79
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$28.99
- Costs to cover
- 0.138%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 5 min ago; Lighter: live order book, 6 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 Pacifica live order book, 5 min ago | 0.33 bp | 6.5 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.33 bp | 0.3 bp $0 | 1.3 bp −$13 | 8.0 bp −$797 | 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 −0.0329% / S +0.0529% | 1h | 153.01 | +0.036% | $88K | — | 20x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 153.04 | +0.052% | $96.3M | $31.4M | 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 | 152.95 | −0.007% | $302K | $3.1M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 153.34 | +0.248% | $8K | $951K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.99 | +0.020% | $72K | $1.1M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 153.10 | +0.092% | $1.3M | $1.7M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0025% | 1h | 153.01 | +0.034% | $8K | $8K | 10x | as long as short |
| Lighter SPCXshort | +0.0032% | 1h | 153.00 | +0.026% | $1.6M | $7.4M | 20x | |
| Lighter RH SPCX | +0.0032% | 1h | 152.98 | +0.013% | $2.5M | $7.5M | 20x | as long as short |
GMX SPCX/USD [ETH-USDC]
Gate SPCX_USDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter RH SPCXShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SPCX/USDC PERP | +0.0033% | 1h | 157.25 | +2.805% | $9K | $27K | 5.5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 153.06 | +0.065% | — | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 153.02 | +0.039% | $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 | 153.05 | +0.059% | $534K | $405K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.97 | +0.007% | $3.2M | $2.6M | 10x | as long as short |
| QFEX SPCX-USD | +0.0063% | 1h | 153.03 | +0.046% | $1.2M | $7.1M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0088% | 8h | 153.06 | +0.066% | $101 | — | 5x | as long as short |
| Pacifica SPCXlong | +0.0100% | 1h | 152.96 | long leg | $173K | $129K | 10x | |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.98 | +0.013% | $13.0M | $5.5M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 153.17 | +0.137% | $59K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 153.07 | +0.072% | $15K | $7K | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 153.05 | +0.059% | $89 | — | 10x | as long as short |
| BloFin SPCX-USDT | +0.0121% | 8h | 153.06 | +0.065% | $1.9M | $1.4M | 75x | as long as short |
| Bybit SPCXUSDT | +0.0122% | 8h | 153.07 | +0.072% | $30.9M | $42.8M | 100x | as long as short |
| Arcus SPCX-USD | +0.0194% | 1h | 153.03 | +0.046% | $105K | $297K | 5x | as long as short |
| tradeXYZ xyz:SPCX | +0.0202% | 1h | 153.02 | +0.039% | $142.9M | $119.4M | 20x | as long as short |
| Bullet SPCX-USD | +0.0205% | 1h | 153.07 | +0.072% | $11K | $189K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0214% | 8h | 153.10 | +0.092% | $39.3M | $168.8M | 75x | as long as short |
| Variational Omni SPCX | +0.0228% | 8h | 153.12 | +0.102% | $6.0M | $3.5M | — | as long as short |
| Nado SPCX-PERP | +0.0233% | 1h | 152.96 | +0.003% | $620K | $849K | 20x | as long as short |
| Extended SPCX-USD | +0.0240% | 1h | 153.02 | +0.039% | $734K | $3.9M | 10x | as long as short |
| Binance SPCXUSDT | +0.0241% | 8h | 153.06 | +0.066% | $252.7M | $1.38B | 75x | as long as short |
| Bitget SPCXUSDT | +0.0284% | 8h | 153.10 | +0.092% | $31.7M | $66.6M | 75x | as long as short |
| Phoenix SPCX | +0.0314% | 1h | 153.12 | +0.105% | $445K | $271K | 15x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0328% | 1h | 153.14 | +0.118% | $728K | $986K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0389% | 8h | 153.12 | +0.103% | $19.0M | $18.3M | 20x | as long as short |
| RISEx SPCX/USDC | +0.0409% | 1h | 153.09 | +0.082% | $401K | $535K | 20x | as long as short |
| edgeX SPCXUSDC | +0.0456% | 4h | 153.12 | +0.105% | $1.7M | $893K | 20x | as long as short |
Injective SPCX/USDC PERP
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
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Aevo SPCX-PERP
BloFin SPCX-USDT
Bybit SPCXUSDT
Arcus SPCX-USD
tradeXYZ xyz:SPCX
Bullet SPCX-USD
OKX SPCX-USDT-SWAP
Variational Omni SPCX
Nado SPCX-PERP
Extended SPCX-USD
Binance SPCXUSDT
Bitget SPCXUSDT
Phoenix SPCX
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
RISEx SPCX/USDC
edgeX SPCXUSDC