SPCX funding rate

TradFi perpetual · 20 venues · net of estimated fees

SPCX Funding Rate — SpaceX perpetuals across 20 venues

TradFi perpetual · compared across 20 venues · net of estimated fees · updated every few minutes

SPCX is a pre-IPO perpetual referencing SpaceX — a private company, not a public share. Read the funding together with liquidity and the backtest below.

Live annualized SPCX perpetual funding across all 20 venues Perpia tracks. Right now SPCX funding is positive on 17 and negative on 0, ranging from +31.5% on Lighter to +0.0% on Bybit — a spread of 31.5%. The widest delta-neutral trade is long HTX / short Lighter at 30.3% net APR.

20venues
17paying positive
31.5%funding spread
Best SPCX spread now
30.3%
net APR after fees
LongHTX↗→ShortLighter↗
size depends on live venue depth — see the real cap in the scanner

SPCX funding trend & liquidity

167h of history
31.5%current gross APR
15.1%24h average
6.0%7-day average
$1.3Mpair OI · lower leg
$1.2M24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

SPCX · HTX → Lighter — no history

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Build a route

any two of the 20 venues
Gross spread+31.5%+$8.64 / day on $10,000
Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 20 venues
VenueFunding APR ↓IntervalUse as
Lighter↗short+31.5%every 8h
Bitget↗+15.4%every 8h
Extended↗+14.9%every 1h
Aster↗+13.9%every 8h
Risex↗+13.5%every 1h
Variational↗+13.5%every 8h
Pacifica↗+13.1%every 1h
Nado↗+9.7%every 24h
KuCoin↗+8.5%every 8h
OKX↗+7.8%every 8h
Ondo Perps+5.5%every 1h
Sodex↗+5.5%every 1h
Hyperliquid↗+5.5%every 1h
trade.xyz↗+5.5%every 1h
Vest↗+5.0%every 1h
Arcus↗+4.4%every 1h
GMTrade↗+0.1%every 1h
HTX↗long+0.0%every 8h
Gate.io↗+0.0%every 8h
Bybit↗+0.0%every 8h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the HTX vs Lighter page. 142 pairs scanned for SPCX.

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SPCX — FAQ

Is SPCX funding positive right now?

SPCX perpetual funding is positive on 17 of 20 venues Perpia tracks. The highest is +31.5% on Lighter; the lowest is +0.0% on Bybit.

What is the best SPCX funding arbitrage right now?

Go long HTX and short Lighter for about 30.3% net APR after fees — the widest delta-neutral SPCX spread Perpia currently sees.

Which exchange has the highest SPCX funding rate?

Lighter, at +31.5% annualized. Funding shifts continuously, so check the live table above before trading.

How SPCX funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to SPCX

also quoted on both HTX and Lighter

The same two exchanges you would already have funded for the SPCX trade. Every spread between them is on the HTX vs Lighter page.