Funding you earn now, next payment 06:00 UTC+0.0206%/8h= +22.5% APRnext payment +$0.26 per $10,000 · paid last 24h +0.055%
Price spread now: RISEx against Lighter RH+0.059%54s7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$120.123% of the position
Funding, last 4 days (all we have)+0.075%+$7 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now +0.059%, 7d avg +0.081%
=Together, before fees+0.111%+ Points / potential airdropLighter RH: Points live · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. RISEx is 0.022% cheaper against Lighter RH than usual: you would sell low and buy high (spread +0.059% now, against its 7-day average of +0.081%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day). At the pace of the last 4 days (+0.075% in total) that is about 26 hours. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.075% in total (about 7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SPCX | 152.71 | 0.0032 | pay 0.0004% / 1h | 9m 38s | $2.5M | $7.3M | 20x |
| Short | RISEx SPCX/USDC | 152.80 | 0.0238 | get 0.0030% / 1h | 9m 38s | $409K | $513K | 20x |
Lighter RH SPCX
RISEx SPCX/USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
RISEx 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $43.24
- Price spread: +0.059% → +0.081%
- −$2.24
- Slippage, 4 orders
- −$6.33
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- $28.67
- Costs to cover
- 0.123%
- Break-even
- 2.4 days
Slippage from Lighter RH: live order book, 4 min ago; RISEx: live order book, 39 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, 4 min ago | 1.31 bp | 1.5 bp −$1 | 3.1 bp −$31 | 27.0 bp −$2,702 | doesn't fit |
| Sell RISEx live order book, 39 min ago | 1.64 bp | 4.6 bp −$5 | 5.2 bp −$52 | doesn't fit | 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 | 152.69 | −0.016% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0015% | 8h | 152.69 | −0.013% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.82 | +0.072% | $30.7M | $42.7M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.77 | +0.039% | $96.2M | $31.9M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.80 | +0.059% | $31.2M | $65.9M | 75x | as long as short |
| GRVT SPCX_USDT_Perp | 0.0000% | 8h | 172.53 | +12.978% | $4K | $882 | 10x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.77 | +0.039% | $301K | $2.8M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.87 | +0.105% | $8K | $898K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | 0.0000% | 1h | 152.72 | +0.007% | $88K | $1.3M | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.83 | +0.079% | $1.3M | $1.8M | 75x | as long as short |
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
GRVT SPCX_USDT_Perp
StandX SPCX-USD
SunX SPCX-USDT
Deribit SPCX_USDC-PERPETUAL
HTX SPCX-USDTShow all 39 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps SPCXUSD | +0.0018% | 1h | 152.58 | −0.082% | $7K | $8K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.73 | +0.013% | $1.6M | $7.4M | 20x | as long as short |
| Lighter RH SPCXlong | +0.0032% | 1h | 152.71 | long leg | $2.5M | $7.3M | 20x | |
| Arcus SPCX-USD | +0.0040% | 1h | 152.63 | −0.052% | $105K | $297K | 5x | as long as short |
| QFEX SPCX-USD | +0.0043% | 1h | 152.73 | +0.013% | $1.2M | $5.5M | 10x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.78 | +0.046% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.0050% | 1h | 152.69 | −0.013% | $130.3M | $129.0M | 20x | as long as short |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.70 | −0.007% | $488K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.76 | +0.033% | $1.7M | $96K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.79 | +0.052% | $531K | $385K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.60 | −0.072% | $3.2M | $2.3M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0057% | 8h | 152.79 | +0.055% | $101 | — | 5x | as long as short |
| Variational Omni SPCX | +0.0089% | 8h | 152.72 | +0.005% | $6.0M | $2.8M | — | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.69 | −0.013% | $169K | $118K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.67 | −0.026% | $13.0M | $5.4M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.74 | +0.020% | $58K | $272K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.77 | +0.039% | $15K | $7K | 10x | as long as short |
| Nado SPCX-PERP | +0.0100% | 1h | 152.71 | +0.002% | $613K | $801K | 20x | as long as short |
| Binance SPCXUSDT | +0.0102% | 8h | 152.79 | +0.050% | $250.6M | $1.36B | 75x | as long as short |
| Extended SPCX-USD | +0.0104% | 1h | 152.75 | +0.024% | $731K | $4.6M | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.77 | +0.042% | $89 | — | 10x | as long as short |
| edgeX SPCXUSDC | +0.0104% | 4h | 152.68 | −0.019% | $1.7M | $891K | 20x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0116% | 8h | 152.82 | +0.072% | $39.6M | $166.8M | 75x | as long as short |
| Bullet SPCX-USD | +0.0130% | 1h | 152.77 | +0.039% | $11K | $193K | 10x | as long as short |
| RISEx SPCX/USDCshort | +0.0238% | 1h | 152.80 | +0.059% | $409K | $513K | 20x | |
| Coinbase International SPCX-PERP-INTX | +0.0248% | 1h | 152.70 | −0.007% | $731K | $938K | 10x | as long as short |
| Phoenix SPCX | +0.0263% | 1h | 152.71 | 0.000% | $444K | $266K | 15x | as long as short |
| Aster SPCXUSD1 | +0.0359% | 8h | 152.81 | +0.068% | $18.9M | $24.8M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.70 | −0.007% | $9K | $28K | 5.5x | as long as short |
Aftermath Perps SPCXUSD
Lighter SPCX
Arcus SPCX-USD
QFEX SPCX-USD
Vest SPCX-USD-PERP
tradeXYZ xyz:SPCX
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
Paradex SPCX-USD-PERP
Variational Omni SPCX
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Nado SPCX-PERP
Binance SPCXUSDT
Extended SPCX-USD
Aevo SPCX-PERP
edgeX SPCXUSDC
OKX SPCX-USDT-SWAP
Bullet SPCX-USD
Coinbase International SPCX-PERP-INTX
Phoenix SPCX
Aster SPCXUSD1
Injective SPCX/USDC PERP