SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.020%

Price spread now: Lighter RH against Pacifica−0.020%7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$160.161% of the position

Long on Pacifica Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.020%, 7d avg +0.018%

Together, before fees+0.019%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board+$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Lighter RH is 0.037% cheaper against Pacifica than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.018%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SPCX	152.68	0.0100	pay 0.0013% / 1h	5m 22s	$169K	$118K	10x
Short	Lighter RH SPCX	152.65	0.0032	get 0.0004% / 1h	5m 22s	$2.5M	$7.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Pacifica. 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 PacificabpFee Lighter RHbpOrdersPrice spread, now −0.020%Rate

Funding earned: −$14.28
Price spread: −0.020% → +0.018%: −$3.73
Slippage, 4 orders: −$8.14
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$34.15
Costs to cover: 0.161%
Break-even: never at this rate

Slippage from Pacifica: live order book, 42 min ago; Lighter RH: live order book, 3 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 Pacifica live order book, 42 min ago	0.33 bp	6.1 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH live order book, 3 min ago	1.31 bp	1.5 bp −$2	2.3 bp −$23	29.3 bp −$2,928	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	152.66	−0.016%	$90K	—	20x	as long as short
BloFin SPCX-USDT	−0.0023%	8h	152.68	0.000%	$1.9M	$1.2M	75x	as long as short
Bybit SPCXUSDT	0.0000%	8h	152.74	+0.039%	$30.7M	$42.7M	100x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.71	+0.020%	$96.2M	$31.9M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.75	+0.046%	$31.2M	$65.9M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.003%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.78	+0.065%	$301K	$2.7M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.96	+0.183%	$8K	$897K	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	0.0000%	1h	152.70	+0.013%	$88K	$1.3M	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.82	+0.092%	$1.3M	$1.8M	75x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SPCXUSDC	+0.0007%	4h	152.75	+0.048%	$1.7M	$892K	20x	as long as short
Aftermath Perps SPCXUSD	+0.0017%	1h	152.67	−0.007%	$7K	$8K	10x	as long as short
Lighter SPCX	+0.0032%	1h	152.67	−0.007%	$1.6M	$7.4M	20x	as long as short
Lighter RH SPCXshort	+0.0032%	1h	152.65	−0.020%	$2.5M	$7.3M	20x
Arcus SPCX-USD	+0.0040%	1h	152.66	−0.013%	$105K	$297K	5x	as long as short
QFEX SPCX-USD	+0.0043%	1h	152.69	+0.007%	$1.2M	$5.5M	10x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.75	+0.046%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.65	−0.020%	$130.2M	$129.0M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.68	0.000%	$488K	$1.2M	10x	as long as short
SoDEX SPCX-USD	+0.0050%	1h	152.69	+0.007%	$1.7M	$96K	20x	as long as short
Phemex SPCXUSDT	+0.0050%	8h	152.74	+0.039%	$531K	$385K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.59	−0.059%	$3.2M	$2.3M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0056%	8h	152.74	+0.040%	$101	—	5x	as long as short
Variational Omni SPCX	+0.0081%	8h	152.73	+0.032%	$6.0M	$2.8M	—	as long as short
Nado SPCX-PERP	+0.0095%	1h	152.67	−0.005%	$613K	$801K	20x	as long as short
Extended SPCX-USD	+0.0096%	1h	152.70	+0.011%	$731K	$4.6M	10x	as long as short
Binance SPCXUSDT	+0.0097%	8h	152.74	+0.039%	$250.1M	$1.36B	75x	as long as short
Pacifica SPCXlong	+0.0100%	1h	152.68	long leg	$169K	$118K	10x
KuCoin SPCXUSDTM	+0.0100%	8h	152.63	−0.033%	$13.0M	$5.4M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.69	+0.007%	$58K	$272K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.75	+0.046%	$15K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.73	+0.032%	$89	—	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0113%	8h	152.75	+0.046%	$39.6M	$166.8M	75x	as long as short
Bullet SPCX-USD	+0.0122%	1h	152.75	+0.046%	$11K	$193K	10x	as long as short
RISEx SPCX/USDC	+0.0238%	1h	152.78	+0.062%	$409K	$513K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0248%	1h	152.70	+0.013%	$731K	$938K	10x	as long as short
Phoenix SPCX	+0.0263%	1h	152.77	+0.059%	$444K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0354%	8h	152.77	+0.061%	$18.9M	$24.8M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	153.00	+0.210%	$9K	$28K	5.5x	as long as short