SPCX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.001%

Price spread now: Lighter against SoDEX−0.020%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$380.377% of the position

Long on SoDEX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.014%−$1 on $10k

Price spread, last 4 days (all we have)+0.069%+$7 · spread now −0.020%, 7d avg +0.001%

Together, before fees+0.054%+ Points / potential airdropLighter: Season 3 · farm board+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.021% cheaper against SoDEX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.001%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SPCX-USD	152.28	0.0050	pay 0.0006% / 1h	33m 49s	$1.7M	$99K	20x
Short	Lighter SPCX	152.25	0.0032	get 0.0004% / 1h	33m 49s	$1.6M	$7.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. 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 SoDEXbpFee LighterbpOrdersPrice spread, now −0.020%Rate

Funding earned: −$3.78
Price spread: −0.020% → +0.001%: −$2.06
Slippage, 4 orders: −$29.73
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$43.57
Costs to cover: 0.377%
Break-even: never at this rate

Slippage from SoDEX: live order book, 5 min ago; Lighter: 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 SoDEX live order book, 5 min ago	0.33 bp	18.2 bp −$18	47.6 bp −$476	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	0.33 bp	1.0 bp −$1	1.2 bp −$12	8.1 bp −$811	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	152.24	−0.030%	$90K	—	20x	as long as short
Gate SPCX_USDT	0.0000%	8h	152.26	−0.013%	$96.1M	$31.8M	100x	as long as short
Bitget SPCXUSDT	0.0000%	8h	152.33	+0.033%	$31.2M	$66.2M	75x	as long as short
GRVT SPCX_USDT_Perp	0.0000%	8h	172.53	+13.296%	$4K	$882	10x	as long as short
StandX SPCX-USD	0.0000%	1h	152.36	+0.053%	$300K	$2.6M	20x	as long as short
SunX SPCX-USDT	0.0000%	8h	152.56	+0.184%	$8K	$892K	10x	as long as short
HTX SPCX-USDT	0.0000%	8h	152.41	+0.085%	$1.3M	$1.8M	75x	as long as short
Bybit SPCXUSDT	+0.0013%	8h	152.26	−0.013%	$30.5M	$42.7M	100x	as long as short
BloFin SPCX-USDT	+0.0021%	8h	152.31	+0.020%	$1.9M	$1.2M	75x	as long as short
Aftermath Perps SPCXUSD	+0.0028%	1h	152.28	+0.002%	$7K	$8K	10x	as long as short

Show all 39 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter SPCXshort	+0.0032%	1h	152.25	−0.020%	$1.6M	$7.3M	20x
Lighter RH SPCX	+0.0032%	1h	152.23	−0.033%	$2.5M	$7.3M	20x	as long as short
Arcus SPCX-USD	+0.0040%	1h	152.25	−0.020%	$103K	$298K	5x	as long as short
Vest SPCX-USD-PERP	+0.0046%	1h	152.31	+0.020%	—	$1.2M	10x	as long as short
tradeXYZ xyz:SPCX	+0.0050%	1h	152.23	−0.033%	$129.9M	$129.2M	20x	as long as short
Polymarket Perps SPCX-USD	+0.0050%	1h	152.30	+0.013%	$487K	$1.2M	10x	as long as short
SoDEX SPCX-USDlong	+0.0050%	1h	152.28	long leg	$1.7M	$99K	20x
Phemex SPCXUSDT	+0.0050%	8h	152.32	+0.026%	$530K	$373K	50x	as long as short
Ondo Perps SPCX-USD.P	+0.0050%	1h	152.16	−0.079%	$3.2M	$2.2M	10x	as long as short
QFEX SPCX-USD	+0.0070%	1h	152.28	0.000%	$1.2M	$5.5M	10x	as long as short
Paradex SPCX-USD-PERP	+0.0095%	8h	152.30	+0.014%	$101	—	5x	as long as short
Pacifica SPCX	+0.0100%	1h	152.24	−0.026%	$168K	$119K	10x	as long as short
KuCoin SPCXUSDTM	+0.0100%	8h	152.20	−0.053%	$13.0M	$5.6M	20x	as long as short
ApeX Omni SPCXUSDT	+0.0100%	1h	152.34	+0.039%	$58K	$271K	50x	as long as short
Orderly PERP_SPCX_USDC_mythos	+0.0100%	8h	152.33	+0.033%	$14K	$7K	10x	as long as short
Aevo SPCX-PERP	+0.0104%	1h	152.32	+0.029%	$88	—	10x	as long as short
Variational Omni SPCX	+0.0127%	8h	152.31	+0.017%	$5.9M	$2.8M	—	as long as short
Binance SPCXUSDT	+0.0141%	8h	152.27	−0.010%	$252.7M	$1.36B	75x	as long as short
Extended SPCX-USD	+0.0144%	1h	152.23	−0.034%	$728K	$5.0M	10x	as long as short
Deribit SPCX_USDC-PERPETUAL	+0.0144%	1h	152.27	−0.007%	$89K	$1.4M	10x	as long as short
OKX SPCX-USDT-SWAP	+0.0156%	8h	152.30	+0.013%	$39.7M	$166.7M	75x	as long as short
Bullet SPCX-USD	+0.0156%	1h	152.34	+0.038%	$11K	$192K	10x	as long as short
Nado SPCX-PERP	+0.0181%	1h	152.23	−0.032%	$627K	$803K	20x	as long as short
Coinbase International SPCX-PERP-INTX	+0.0240%	1h	152.34	+0.039%	$728K	$930K	10x	as long as short
edgeX SPCXUSDC	+0.0360%	4h	152.30	+0.015%	$1.7M	$892K	20x	as long as short
Phoenix SPCX	+0.0368%	1h	152.31	+0.020%	$443K	$266K	15x	as long as short
Aster SPCXUSD1	+0.0407%	8h	152.37	+0.061%	$18.9M	$29.2M	20x	as long as short
Injective SPCX/USDC PERP	+0.0440%	1h	152.55	+0.177%	$9K	$28K	5.5x	as long as short
RISEx SPCX/USDC	+0.0445%	1h	152.37	+0.056%	$381K	$507K	20x	as long as short