Funding you earn now, next payment 09:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.019%
Price spread now: tradeXYZ against Lighter RH−0.013%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$230.227% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 7 days−0.018%−$2 · spread now −0.013%, 7d avg −0.025%
=Together, before fees−0.096%+ Points / potential airdropLighter RH: Points live · tradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.078%, 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 RH SPCX | 152.06 | 0.0032 | pay 0.0004% / 1h | 34m 19s | $2.5M | $7.3M | 20x |
| Short | tradeXYZ xyz:SPCX | 152.04 | 0.0050 | get 0.0006% / 1h | 34m 19s | $129.7M | $129.3M | 20x |
Lighter RH SPCX
tradeXYZ xyz:SPCXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $3.78
- Price spread: −0.013% → −0.025%
- $1.18
- Slippage, 4 orders
- −$4.71
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$17.75
- Costs to cover
- 0.227%
- Break-even
- 39.9 days
Slippage from Lighter RH: live order book, 4 min ago; tradeXYZ: live order book, 4 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 | 30.1 bp −$3,011 | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.33 bp | 10.5 bp −$10 | 11.0 bp −$110 | 15.5 bp −$1,552 | 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 −0.0187% / S +0.0435% | 1h | 152.09 | +0.023% | $90K | — | 20x | as long as short |
| BloFin SPCX-USDT | −0.0015% | 8h | 152.22 | +0.105% | $1.9M | $1.2M | 75x | as long as short |
| Bybit SPCXUSDT | 0.0000% | 8h | 152.16 | +0.066% | $30.4M | $43.1M | 100x | as long as short |
| Gate SPCX_USDT | 0.0000% | 8h | 152.13 | +0.046% | $96.2M | $32.1M | 100x | as long as short |
| Bitget SPCXUSDT | 0.0000% | 8h | 152.18 | +0.079% | $31.0M | $66.9M | 75x | as long as short |
| StandX SPCX-USD | 0.0000% | 1h | 152.28 | +0.145% | $300K | $2.6M | 20x | as long as short |
| SunX SPCX-USDT | 0.0000% | 8h | 152.56 | +0.329% | $8K | $854K | 10x | as long as short |
| HTX SPCX-USDT | 0.0000% | 8h | 152.33 | +0.178% | $1.3M | $1.8M | 75x | as long as short |
| Aftermath Perps SPCXUSD | +0.0019% | 1h | 152.13 | +0.048% | $7K | $7K | 10x | as long as short |
| Lighter SPCX | +0.0032% | 1h | 152.09 | +0.020% | $1.6M | $7.4M | 20x | as long as short |
GMX SPCX/USD [ETH-USDC]
BloFin SPCX-USDT
Bybit SPCXUSDT
Gate SPCX_USDT
Bitget SPCXUSDT
StandX SPCX-USD
SunX SPCX-USDT
HTX SPCX-USDT
Aftermath Perps SPCXUSD
Lighter SPCXShow all 38 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH SPCXlong | +0.0032% | 1h | 152.06 | long leg | $2.5M | $7.3M | 20x | |
| QFEX SPCX-USD | +0.0035% | 1h | 152.14 | +0.053% | $1.2M | $5.4M | 10x | as long as short |
| Arcus SPCX-USD | +0.0040% | 1h | 152.11 | +0.033% | $102K | $299K | 5x | as long as short |
| Vest SPCX-USD-PERP | +0.0046% | 1h | 152.13 | +0.046% | — | $1.2M | 10x | as long as short |
| tradeXYZ xyz:SPCXshort | +0.0050% | 1h | 152.04 | −0.013% | $129.7M | $129.3M | 20x | |
| Polymarket Perps SPCX-USD | +0.0050% | 1h | 152.00 | −0.039% | $487K | $1.2M | 10x | as long as short |
| SoDEX SPCX-USD | +0.0050% | 1h | 152.16 | +0.066% | $1.7M | $99K | 20x | as long as short |
| Phemex SPCXUSDT | +0.0050% | 8h | 152.21 | +0.099% | $529K | $363K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | +0.0050% | 1h | 152.10 | +0.026% | $3.1M | $2.2M | 10x | as long as short |
| Paradex SPCX-USD-PERP | +0.0061% | 8h | 152.13 | +0.048% | $100 | — | 5x | as long as short |
| Nado SPCX-PERP | +0.0083% | 1h | 152.06 | 0.000% | $635K | $814K | 20x | as long as short |
| Variational Omni SPCX | +0.0085% | 8h | 152.23 | +0.112% | $5.9M | $2.8M | — | as long as short |
| Bullet SPCX-USD | +0.0088% | 1h | 152.17 | +0.072% | $11K | $192K | 10x | as long as short |
| Pacifica SPCX | +0.0100% | 1h | 152.08 | +0.013% | $168K | $117K | 10x | as long as short |
| KuCoin SPCXUSDTM | +0.0100% | 8h | 152.08 | +0.013% | $13.0M | $5.7M | 20x | as long as short |
| ApeX Omni SPCXUSDT | +0.0100% | 1h | 152.34 | +0.184% | $58K | $271K | 50x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.0100% | 8h | 152.19 | +0.085% | $14K | $7K | 10x | as long as short |
| Binance SPCXUSDT | +0.0104% | 8h | 152.16 | +0.067% | $253.1M | $1.37B | 75x | as long as short |
| Extended SPCX-USD | +0.0104% | 1h | 152.14 | +0.049% | $725K | $5.3M | 10x | as long as short |
| Aevo SPCX-PERP | +0.0104% | 1h | 152.14 | +0.053% | $88 | — | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.0117% | 8h | 152.24 | +0.118% | $39.4M | $167.4M | 75x | as long as short |
| RISEx SPCX/USDC | +0.0190% | 1h | 152.20 | +0.092% | $380K | $506K | 20x | as long as short |
| Phoenix SPCX | +0.0210% | 1h | 152.25 | +0.125% | $447K | $268K | 15x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.0276% | 1h | 152.17 | +0.072% | $86K | $1.4M | 10x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.0280% | 1h | 152.13 | +0.046% | $693K | $992K | 10x | as long as short |
| Aster SPCXUSD1 | +0.0383% | 8h | 152.29 | +0.149% | $18.9M | $30.7M | 20x | as long as short |
| Injective SPCX/USDC PERP | +0.0440% | 1h | 152.51 | +0.296% | $9K | $28K | 5.5x | as long as short |
| edgeX SPCXUSDC | +0.0713% | 4h | 152.24 | +0.119% | $1.7M | $890K | 20x | as long as short |
QFEX SPCX-USD
Arcus SPCX-USD
Vest SPCX-USD-PERP
Polymarket Perps SPCX-USD
SoDEX SPCX-USD
Phemex SPCXUSDT
Ondo Perps SPCX-USD.P
Paradex SPCX-USD-PERP
Nado SPCX-PERP
Variational Omni SPCX
Bullet SPCX-USD
Pacifica SPCX
KuCoin SPCXUSDTM
ApeX Omni SPCXUSDT
Orderly PERP_SPCX_USDC_mythos
Binance SPCXUSDT
Extended SPCX-USD
Aevo SPCX-PERP
OKX SPCX-USDT-SWAP
RISEx SPCX/USDC
Phoenix SPCX
Deribit SPCX_USDC-PERPETUAL
Coinbase International SPCX-PERP-INTX
Aster SPCXUSD1
Injective SPCX/USDC PERP
edgeX SPCXUSDC