Funding arb · Price arb /

SPCX

RWAall SPCX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0109%/8h= −11.9% APRpaid last 24h −0.028%

Price spread now: Lighter RH against Bitget−0.085%7-day average −0.069% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

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

costs, in and out, $10k−$170.168% of the position

Long on Bitget Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.014%−$1 on $10k

Price spread, last 7 days+0.065%+$6 · spread now −0.085%, 7d avg −0.069%

Together, before fees+0.051%+ Points / potential airdropLighter RH: Points live · farm board+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.069%, 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	Bitget SPCXUSDT	153.14	0.0141	pay 0.0141% / 8h	6h 18m	$31.9M	$66.1M	75x
Short	Lighter RH SPCX	153.01	0.0032	get 0.0004% / 1h	18m 16s	$2.5M	$7.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Bitget. 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 BitgetbpFee Lighter RHbpOrdersPrice spread, now −0.085%Rate

Funding earned: −$22.89
Price spread: −0.085% → −0.069%: −$1.58
Slippage, 4 orders: −$4.84
Fee Bitget: 6 bp × 2 orders: −$12
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$41.31
Costs to cover: 0.168%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Lighter RH: 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 Bitget live order book, 1 min ago	0.33 bp	6.8 bp −$7	8.4 bp −$84	17.6 bp −$1,761	22.6 bp −$11.3K
Sell Lighter RH live order book, 5 min ago	0.98 bp	1.0 bp −$1	2.8 bp −$28	30.8 bp −$3,080	doesn't fit

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]	L −0.0346% / S +0.0541%	1h	153.04	−0.062%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.08	−0.039%	$96.1M	$31.3M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.658%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.98	−0.104%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.32	+0.118%	$8K	$946K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.15	+0.007%	$1.3M	$1.7M	75x	as long as short
edgeX SPCXUSDC	+0.0020%	4h	153.07	−0.047%	$1.7M	$893K	20x	as long as short
Aftermath Perps SPCXUSD	+0.0024%	1h	152.98	−0.103%	$8K	$8K	10x	as long as short
Lighter RH SPCXshort	+0.0032%	1h	153.01	−0.085%	$2.5M	$7.3M	20x
Injective SPCX/USDC PERP	+0.0033%	1h	153.32	+0.118%	$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
Lighter SPCX	+0.0040%	1h	153.04	−0.065%	$1.6M	$7.2M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	153.02	−0.078%	$105K	$297K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	153.05	−0.059%	—	$1.2M	10x	as long as short
QFEX SPCX-USD	+0.0049%	1h	153.05	−0.059%	$1.2M	$6.7M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.04	−0.065%	$501K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.07	−0.046%	$1.7M	$91K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.10	−0.026%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.94	−0.131%	$3.2M	$2.6M	10x	as long as short
Bybit SPCXUSDT	+0.0089%	8h	153.11	−0.020%	$30.8M	$42.9M	100x	as long as short
Paradex SPCX-USD-PERP	+0.0089%	8h	153.10	−0.029%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.99	−0.098%	$169K	$133K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	153.01	−0.085%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.12	−0.013%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.11	−0.020%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.10	−0.028%	$89	—	10x	as long as short
Bitget SPCXUSDTlong	+0.0141%	8h	153.14	long leg	$31.9M	$66.1M	75x
Deribit SPCX_USDC-PERPETUAL	+0.0142%	1h	153.02	−0.078%	$72K	$1.1M	10x	as long as short
Bullet SPCX-USD	+0.0174%	1h	153.11	−0.020%	$11K	$190K	10x	as long as short
tradeXYZ xyz:SPCX	+0.0183%	1h	153.04	−0.065%	$142.4M	$119.1M	20x	as long as short
OKX SPCX-USDT-SWAP	+0.0198%	8h	153.11	−0.020%	$39.4M	$168.7M	75x	as long as short
Variational Omni SPCX	+0.0208%	8h	153.07	−0.048%	$6.0M	$3.3M	—	as long as short
Binance SPCXUSDT	+0.0222%	8h	153.11	−0.020%	$252.9M	$1.37B	75x	as long as short
Extended SPCX-USD	+0.0224%	1h	153.07	−0.046%	$736K	$3.8M	10x	as long as short
Nado SPCX-PERP	+0.0245%	1h	152.98	−0.107%	$622K	$838K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0288%	1h	152.97	−0.111%	$738K	$973K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.08	−0.039%	$445K	$270K	15x	as long as short
RISEx SPCX/USDC	+0.0410%	1h	153.13	−0.010%	$408K	$539K	20x	as long as short
Aster SPCXUSD1	+0.0410%	8h	153.14	0.000%	$19.0M	$15.0M	20x	as long as short