Settings8H · net · $10k
Funding arb · Price arb /

SPCX

RWAall SPCX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0155%/8h= −17.0% APRnext payment $0.19 per $10,000 · paid last 24h −0.008%
Price spread now: Lighter RH against tradeXYZ−0.026%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$220.217% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.093%+$9 on $10k
Price spread, last 7 days+0.062%+$6 · spread now −0.026%, 7d avg +0.026%
Together, before fees+0.155%+ Points / potential airdroptradeXYZ: Active · Lighter RH: Points live · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Lighter RH is 0.052% cheaper against tradeXYZ than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.026%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.093%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SPCX152.960.0187pay 0.0023% / 1h13m 18s$142.3M$119.1M20x
ShortLighter RH SPCX152.920.0032get 0.0004% / 1h13m 18s$2.5M$7.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against tradeXYZ. 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

Funding earned
−$32.57
Price spread: −0.026% → +0.026%
−$5.21
Slippage, 4 orders
−$3.68
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$59.45
Costs to cover
0.217%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; Lighter RH: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 6 min ago0.33 bp9.3 bp −$911.0 bp −$110doesn't fitdoesn't fit
Sell Lighter RH live order book, 5 min ago1.31 bp1.4 bp −$13.5 bp −$3531.7 bp −$3,168doesn't fit

SPCX on 38 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX SPCX/USD [ETH-USDC]L −0.0349% / S +0.0543%1h152.97+0.003%$88K20xas long as short
Gate SPCX_USDT0.0000%8h152.98+0.013%$96.0M$31.3M100xas long as short
GRVT SPCX_USDT_Perp0.0000%8h172.52+12.789%$4K$88210xas long as short
StandX SPCX-USD0.0000%1h152.94−0.013%$302K$3.1M20xas long as short
SunX SPCX-USDT0.0000%8h153.33+0.242%$8K$944K10xas long as short
HTX SPCX-USDT0.0000%8h153.05+0.059%$1.3M$1.7M75xas long as short
Deribit SPCX_USDC-PERPETUAL+0.0012%1h152.97+0.007%$72K$1.1M10xas long as short
Aftermath Perps SPCXUSD+0.0025%1h152.99+0.021%$8K$8K10xas long as short
Lighter RH SPCXshort+0.0032%1h152.92−0.026%$2.5M$7.3M20x
Injective SPCX/USDC PERP+0.0033%1h153.32+0.235%$9K$27K5.5xas long as short
Show all 38 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus SPCX-USD+0.0040%1h152.98+0.013%$105K$297K5xas long as short
Vest SPCX-USD-PERP+0.0046%1h152.99+0.020%$1.2M10xas long as short
Lighter SPCX+0.0048%1h152.95−0.007%$1.6M$7.2M20xas long as short
QFEX SPCX-USD+0.0049%1h153.00+0.026%$1.2M$6.7M10xas long as short
Polymarket Perps SPCX-USD+0.0050%1h152.960.000%$499K$1.2M10xas long as short
SoDEX SPCX-USD+0.0050%1h152.97+0.007%$1.7M$91K20xas long as short
Phemex SPCXUSDT+0.0050%8h153.02+0.039%$534K$405K50xas long as short
Ondo Perps SPCX-USD.P+0.0050%1h152.84−0.078%$3.2M$2.6M10xas long as short
Paradex SPCX-USD-PERP+0.0090%8h153.02+0.039%$1015xas long as short
Bybit SPCXUSDT+0.0090%8h153.01+0.033%$30.8M$42.9M100xas long as short
Pacifica SPCX+0.0100%1h152.89−0.046%$169K$133K10xas long as short
KuCoin SPCXUSDTM+0.0100%8h152.94−0.013%$13.0M$5.5M20xas long as short
ApeX Omni SPCXUSDT+0.0100%1h152.93−0.020%$58K$272K50xas long as short
Orderly PERP_SPCX_USDC_mythos+0.0100%8h153.05+0.059%$15K$7K10xas long as short
Aevo SPCX-PERP+0.0104%1h153.00+0.024%$8910xas long as short
Bitget SPCXUSDT+0.0129%8h153.06+0.065%$31.7M$66.2M75xas long as short
Bullet SPCX-USD+0.0181%1h153.01+0.033%$11K$190K10xas long as short
tradeXYZ xyz:SPCXlong+0.0187%1h152.96long leg$142.3M$119.1M20x
OKX SPCX-USDT-SWAP+0.0198%8h153.01+0.033%$39.4M$168.7M75xas long as short
Variational Omni SPCX+0.0208%8h153.07+0.070%$6.0M$3.3Mas long as short
Binance SPCXUSDT+0.0221%8h153.00+0.026%$252.7M$1.37B75xas long as short
Extended SPCX-USD+0.0224%1h152.96+0.001%$736K$3.8M10xas long as short
Nado SPCX-PERP+0.0247%1h152.91−0.034%$622K$838K20xas long as short
Coinbase International SPCX-PERP-INTX+0.0288%1h152.97+0.007%$738K$973K10xas long as short
Phoenix SPCX+0.0314%1h153.04+0.052%$445K$270K15xas long as short
RISEx SPCX/USDC+0.0410%1h153.04+0.056%$408K$539K20xas long as short
Aster SPCXUSD1+0.0414%8h153.13+0.114%$19.0M$15.1M20xas long as short
edgeX SPCXUSDC+0.0602%4h153.03+0.045%$1.7M$894K20xas long as short