SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.11 per $10,000 · paid last 24h −0.011%

Price spread now: Lighter against Extended−0.028%7-day average +0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$6as in the Funding arb table

Net, price: spread back to 7d avg − costs−$14as in the Price arb table

costs, in and out, $10k−$70.070% of the position

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.013%+$1 on $10k

Price spread, last 7 days+0.159%+$16 · spread now −0.028%, 7d avg +0.043%

Together, before fees+0.172%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board+$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter is 0.072% cheaper against Extended than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.043%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SPCX-USD	152.29	0.0120	pay 0.0015% / 1h	10m 18s	$724K	$5.3M	10x
Short	Lighter SPCX	152.25	0.0032	get 0.0004% / 1h	10m 18s	$1.6M	$7.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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 ExtendedbpFee LighterbpOrdersPrice spread, now −0.028%Rate

Funding earned: −$18.48
Price spread: −0.028% → +0.043%: −$7.16
Slippage, 4 orders: −$2.04
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$32.68
Costs to cover: 0.070%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; Lighter: live order book, 13 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 Extended live order book, 4 min ago	0.33 bp	2.8 bp −$3	5.5 bp −$55	doesn't fit	doesn't fit
Sell Lighter live order book, 13 min ago	0.33 bp	0.7 bp −$1	1.2 bp −$12	9.5 bp −$945	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 −0.0187% / S +0.0435%	1h	152.24	−0.038%	$90K	—	20x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.32	+0.018%	$30.5M	$42.8M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.31	+0.011%	$96.3M	$32.0M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.33	+0.024%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.286%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.34	+0.031%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.57	+0.182%	$8K	$888K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.35	+0.037%	$1.3M	$1.8M	75x	as long as short
BloFin SPCX-USDT	+0.0004%	8h	152.30	+0.005%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0023%	1h	152.26	−0.020%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCXshort	+0.0032%	1h	152.25	−0.028%	$1.6M	$7.4M	20x
Lighter RH SPCX	+0.0032%	1h	152.23	−0.041%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.24	−0.035%	$102K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.32	+0.018%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.23	−0.041%	$129.7M	$129.3M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.28	−0.009%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.28	−0.009%	$1.7M	$99K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.29	−0.002%	$529K	$371K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.17	−0.081%	$3.2M	$2.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.27	−0.015%	$1.2M	$5.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0076%	8h	152.29	+0.001%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.21	−0.055%	$168K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.16	−0.087%	$12.9M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.37	+0.051%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.32	+0.018%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.31	+0.011%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0111%	8h	152.30	+0.002%	$5.9M	$2.8M	—	as long as short
Extended SPCX-USDlong	+0.0120%	1h	152.29	long leg	$724K	$5.3M	10x
Binance SPCXUSDT	+0.0124%	8h	152.31	+0.009%	$253.2M	$1.36B	75x	as long as short
Bullet SPCX-USD	+0.0124%	1h	152.32	+0.021%	$11K	$192K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0138%	8h	152.34	+0.031%	$39.7M	$166.7M	75x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.29	−0.002%	$89K	$1.4M	10x	as long as short
Nado SPCX-PERP	+0.0155%	1h	152.22	−0.047%	$631K	$804K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	+0.031%	$728K	$930K	10x	as long as short
edgeX SPCXUSDC	+0.0365%	4h	152.32	+0.015%	$1.7M	$891K	20x	as long as short
Phoenix SPCX	+0.0368%	1h	152.32	+0.018%	$444K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0392%	8h	152.41	+0.075%	$18.9M	$30.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.58	+0.188%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.34	+0.032%	$381K	$505K	20x	as long as short