SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%

Price spread now: Lighter against Ondo Perps+0.111%7-day average +0.019% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 7 days−0.017%−$2 · spread now +0.111%, 7d avg +0.019%

Together, before fees−0.057%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter is 0.092% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.111% now, against its 7-day average of +0.019%): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 17 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps SPCX-USD.P	152.89	0.0050	pay 0.0006% / 1h	47m 17s	$3.2M	$2.6M	10x
Short	Lighter SPCX	153.06	0.0032	get 0.0004% / 1h	47m 17s	$1.6M	$7.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. 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 Ondo PerpsbpFee LighterbpOrdersPrice spread, now +0.111%Rate

Funding earned: −$3.86
Price spread: +0.111% → +0.019%: $9.23
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: $0.37
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.

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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Lighter live order book, 6 min ago	0.33 bp	0.4 bp $0	2.3 bp −$23	8.5 bp −$851	doesn't fit

Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0297% / S +0.0506%	1h	153.09	+0.128%	$88K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	153.10	+0.137%	$96.6M	$31.1M	100x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.52	+12.838%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.94	+0.033%	$302K	$3.1M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	153.35	+0.301%	$8K	$962K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	153.08	+0.124%	$1.3M	$1.7M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0026%	1h	152.98	+0.057%	$8K	$8K	10x	as long as short
Lighter SPCXshort	+0.0032%	1h	153.06	+0.111%	$1.6M	$7.4M	20x
Lighter RH SPCX	+0.0032%	1h	153.03	+0.092%	$2.5M	$7.4M	20x	as long as short
Injective SPCX/USDC PERP	+0.0033%	1h	157.25	+2.852%	$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	153.09	+0.131%	—	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	153.10	+0.137%	$1.7M	$81K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	153.11	+0.144%	$534K	$415K	50x	as long as short
Ondo Perps SPCX-USD.Plong	+0.0050%	1h	152.89	long leg	$3.2M	$2.6M	10x
QFEX SPCX-USD	+0.0063%	1h	153.09	+0.131%	$1.2M	$7.6M	10x	as long as short
BloFin SPCX-USDT	+0.0094%	8h	153.11	+0.144%	$1.9M	$1.4M	75x	as long as short
Pacifica SPCX	+0.0100%	1h	153.02	+0.085%	$173K	$129K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.97	+0.052%	$13.0M	$5.5M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	153.14	+0.164%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	153.11	+0.144%	$15K	$7K	10x	as long as short
Paradex SPCX-USD-PERP	+0.0101%	8h	153.12	+0.150%	$101	—	5x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	153.09	+0.130%	$89	—	10x	as long as short
Polymarket Perps SPCX-USD	+0.0109%	1h	153.08	+0.124%	$490K	$1.1M	10x	as long as short
Bybit SPCXUSDT	+0.0173%	8h	153.16	+0.177%	$30.8M	$42.8M	100x	as long as short
Nado SPCX-PERP	+0.0185%	1h	153.00	+0.073%	$602K	$865K	20x	as long as short
Arcus SPCX-USD	+0.0194%	1h	153.02	+0.085%	$105K	$297K	5x	as long as short
Variational Omni SPCX	+0.0194%	8h	153.06	+0.112%	$6.0M	$3.5M	—	as long as short
OKX SPCX-USDT-SWAP	+0.0205%	8h	153.16	+0.177%	$39.1M	$169.3M	75x	as long as short
Binance SPCXUSDT	+0.0214%	8h	153.13	+0.156%	$252.9M	$1.38B	75x	as long as short
Extended SPCX-USD	+0.0216%	1h	153.10	+0.135%	$732K	$3.7M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0291%	1h	153.07	+0.118%	$143.4M	$119.2M	20x	as long as short
Bullet SPCX-USD	+0.0312%	1h	153.14	+0.164%	$11K	$187K	10x	as long as short
Phoenix SPCX	+0.0314%	1h	153.06	+0.111%	$445K	$271K	15x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0328%	1h	153.14	+0.164%	$734K	$971K	10x	as long as short
Aster SPCXUSD1	+0.0329%	8h	153.05	+0.102%	$19.0M	$20.1M	20x	as long as short
Bitget SPCXUSDT	+0.0345%	8h	153.16	+0.177%	$31.3M	$66.6M	75x	as long as short
RISEx SPCX/USDC	+0.0409%	1h	153.13	+0.154%	$401K	$535K	20x	as long as short
edgeX SPCXUSDC	+0.0529%	4h	153.08	+0.121%	$1.7M	$893K	20x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0600%	1h	153.11	+0.144%	$72K	$1.0M	10x	as long as short