SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0170%/8h= +18.6% APRnext payment +$0.21 per $10,000 · paid last 24h +0.004%

Price spread now: tradeXYZ against Lighter+0.026%7-day average −0.043% · you sell dearer than you buy

Net, funding: paid 7d − costs−$31as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$200.203% of the position

Long on Lighter Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.109%−$11 on $10k

Price spread, last 7 days−0.082%−$8 · spread now +0.026%, 7d avg −0.043%

Together, before fees−0.192%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$19 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 0.070% dearer against Lighter than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.043%. Mind the row above: over the last 7 days funding on this pair cost −0.109%, 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 SPCX	152.99	0.0032	pay 0.0004% / 1h	0m 24s	$1.6M	$7.4M	20x
Short	tradeXYZ xyz:SPCX	153.03	0.0202	get 0.0025% / 1h	0m 24s	$142.8M	$119.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Lighter. 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 LighterbpFee tradeXYZbpOrdersPrice spread, now +0.026%Rate

Funding earned: $35.7
Price spread: +0.026% → −0.043%: $6.96
Slippage, 4 orders: −$2.31
Fee Lighter: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $22.36
Costs to cover: 0.203%
Break-even: 2.6 days

Slippage from Lighter: live order book, 8 min ago; tradeXYZ: live order book, 9 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 live order book, 8 min ago	0.33 bp	0.6 bp −$1	2.4 bp −$24	8.8 bp −$877	doesn't fit
Sell tradeXYZ live order book, 9 min ago	0.33 bp	9.3 bp −$9	9.5 bp −$95	12.8 bp −$1,285	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 −0.0331% / S +0.0530%	1h	153.03	+0.023%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.01	+0.013%	$96.3M	$31.4M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.768%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.95	−0.026%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.34	+0.229%	$8K	$951K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.07	+0.052%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0025%	1h	153.01	+0.015%	$8K	$8K	10x	as long as short
Lighter SPCXlong	+0.0032%	1h	152.99	long leg	$1.6M	$7.4M	20x
Lighter RH SPCX	+0.0032%	1h	152.97	−0.013%	$2.5M	$7.5M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.784%	$9K	$27K	5.5x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest SPCX-USD-PERP	+0.0046%	1h	153.05	+0.039%	—	$1.2M	10x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	153.03	+0.026%	$489K	$1.1M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.03	+0.026%	$1.7M	$87K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.05	+0.039%	$534K	$405K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.97	−0.013%	$3.2M	$2.6M	10x	as long as short
QFEX SPCX-USD	+0.0063%	1h	153.03	+0.026%	$1.2M	$7.1M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0089%	8h	153.04	+0.035%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.93	−0.039%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.96	−0.020%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.94	−0.033%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.06	+0.046%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.05	+0.039%	$89	—	10x	as long as short
BloFin SPCX-USDT	+0.0121%	8h	153.06	+0.046%	$1.9M	$1.4M	75x	as long as short
Bybit SPCXUSDT	+0.0122%	8h	153.07	+0.052%	$30.8M	$42.8M	100x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0142%	1h	153.00	+0.007%	$72K	$1.1M	10x	as long as short
Arcus SPCX-USD	+0.0194%	1h	153.01	+0.013%	$105K	$297K	5x	as long as short
tradeXYZ xyz:SPCXshort	+0.0202%	1h	153.03	+0.026%	$142.8M	$119.5M	20x
Bullet SPCX-USD	+0.0203%	1h	153.05	+0.039%	$11K	$189K	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0213%	8h	153.05	+0.039%	$39.3M	$168.7M	75x	as long as short
Variational Omni SPCX	+0.0226%	8h	153.02	+0.018%	$6.0M	$3.5M	—	as long as short
Nado SPCX-PERP	+0.0233%	1h	152.96	−0.020%	$620K	$849K	20x	as long as short
Extended SPCX-USD	+0.0240%	1h	153.00	+0.009%	$734K	$3.8M	10x	as long as short
Binance SPCXUSDT	+0.0241%	8h	153.05	+0.041%	$252.6M	$1.38B	75x	as long as short
Bitget SPCXUSDT	+0.0278%	8h	153.07	+0.052%	$31.7M	$66.6M	75x	as long as short
Phoenix SPCX	+0.0314%	1h	153.06	+0.046%	$445K	$271K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.14	+0.098%	$728K	$986K	10x	as long as short
Aster SPCXUSD1	+0.0390%	8h	153.11	+0.078%	$19.0M	$18.1M	20x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.08	+0.057%	$401K	$535K	20x	as long as short
edgeX SPCXUSDC	+0.0877%	4h	153.03	+0.029%	$1.7M	$894K	20x	as long as short