SPCX funding rate on Lighter

Funding APR
+3.50%
0.0004% / 1h
Interval
1h
next 09:00 UTC
Direction
Longs pay
longs pay shorts
Venues tracked
14
listing this pair

Over the last 30 days, SPCX funding on Lighter averaged +4.4% APR and stayed positive 91.6% of the time, ranging from -130.5% to +131.6%. Right now it pays longs pay shorts at +3.5% APR, settled every 1h across 14 venues we track. The most reliable delta-neutral pairing for SPCX right now is long Variational / short Phoenix at +20.9% net APR (medium risk, ~1.7d to break even).

as of 2026-07-29 08:09 UTC

SPCX funding history on Lighterlast 30d

30d average
+4.44%
Range
-130% / 132%
% positive
91.6%
Volatility
16.3
Best delta-neutral pairing
Long Lighter / Short Phoenix
+17.6% net APR
Backtested (30d)
+3.2%
Stability
82.9%
Risk
medium
Breakeven
~1.8d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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How SPCX funding compares across venues

ExchangeFunding APR
TradeXYZ+32.19%
Phoenix+30.35%
Nado+12.47%
Pacifica+10.95%
QFEX+8.76%
Decibel+7.01%
Paradex+6.58%
Ondo+5.52%
SoDEX+5.47%
Arcus+4.20%
Lighter+3.50%
Extended+3.50%
Variational+0.00%
Aster+0.00%

Frequently asked

What is the current SPCX funding rate on Lighter?

SPCX on Lighter is funding at 3.50% APR (0.0004% every 1h), paid longs pay shorts, as of 2026-07-29 08:09 UTC.

How often does Lighter pay funding on SPCX?

Every 1 hour.

How do I earn SPCX funding without price risk?

Open a delta-neutral position: long Lighter and short Phoenix, currently 17.6% net APR (medium risk). The two legs cancel price exposure so you keep the funding spread.

Learn the strategy