market_lifecycle

publicchannel: market_lifecyclewss://api.staging.sphx.io/v1/ws

Venue-wide account-state and instrument-lifecycle transitions (numeric states). Public and unfiltered — clients typically ignore accounts other than their own. No subscribe params.

Subscribe

{ "op": "subscribe", "channel": "market_lifecycle" }

No params — the channel is venue-wide.

Events

account_state_change

An account changed lifecycle state.

Field	Type	Required	Description
event_seq	integer · int64	✓	Cluster sequence number — monotonic; drives gap detection and REST/WS joins.
account_id	integer · int64	✓
new_state	integer	✓	Numeric account state (see the REST reference lookup tables).

Example frame

{
  "channel": "market_lifecycle",
  "event": "account_state_change",
  "data": {
    "event_seq": 1058,
    "account_id": 7,
    "new_state": 2
  }
}

instrument_lifecycle

An instrument changed lifecycle state.

Field	Type	Required	Description
event_seq	integer · int64	✓	Cluster sequence number — monotonic; drives gap detection and REST/WS joins.
instrument_id	integer · int64	✓
new_state	integer	✓	Numeric instrument lifecycle state.

Example frame

{
  "channel": "market_lifecycle",
  "event": "instrument_lifecycle",
  "data": {
    "event_seq": 1059,
    "instrument_id": 1000,
    "new_state": 2
  }
}

funding_rate

Field	Type	Required	Description
instrument_id	integer · int64	✓
boundary_ns	integer · int64	✓
rate_fp8	integer · int64	✓	The settled rate (1e-8 per interval); 0 with zero totals = a skipped boundary.
premium_fp8	integer · int64	✓
interest_fp8	integer · int64	✓
total_paid_uusdc	integer · int64	✓	Σ payer debits this boundary.
dust_uusdc	integer · int64	✓	Rounding residue routed to the insurance fund.
holder_count	integer	✓
skipped	boolean	✓
event_seq	integer · int64	✓	Cluster sequence number — monotonic; drives gap detection and REST/WS joins.
ts_ns	integer · int64	✓

Example frame

{
  "channel": "market_lifecycle",
  "event": "funding_rate",
  "data": {
    "instrument_id": 1011,
    "boundary_ns": 1790265600000000000,
    "rate_fp8": -271235,
    "premium_fp8": -321235,
    "interest_fp8": 0,
    "total_paid_uusdc": 4120900,
    "dust_uusdc": 7,
    "holder_count": 31,
    "skipped": false,
    "event_seq": 88123433,
    "ts_ns": 1790265600125
  }
}