After costs, if the gap returns to its 7d average, $10k−$89
spread now−0.109%7d average−0.073%fees + slippage, in and out−$85spread needed0.852%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SPCX-USD | 155.33 | 0.0089 | pay 0.0011% / 1h | 30m 12s | $12K | $191K | 10x |
| Short | Phemex SPCXUSDT | 155.16 | 0.0050 | get 0.0050% / 8h | 30m 12s | $540K | $299K | 50x |
Bullet SPCX-USD
Phemex SPCXUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$10.94
- Funding while held
- −$1.17
- Slippage, 4 orders
- −$65.19
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$97.3
- Spread needed to break even
- 0.852%
Slippage from Bullet: live order book, 20 min ago; Phemex: live order book, 19 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0039%
- Per $10,000 a day
- −$1.17
- Average in range /8h
- —
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 Bullet live order book, 20 min ago | 0.32 bp | 5.4 bp −$5 | 19.6 bp −$196 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 19 min ago | 6.71 bp | 35.8 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
SPCX price on every exchange
against the cheapest. Click to use as the short leg.Phemex155.16cheapest
Nado155.16+0.002%Lighter RH155.17+0.006%Lighter155.18+0.013%KuCoin155.18+0.013%Ondo Perps155.20+0.026%Pacifica155.21+0.032%Variational Omni155.22+0.039%Arcus155.24+0.052%GMX155.25+0.055%tradeXYZ155.25+0.058%Gate155.25+0.058%Polymarket Perps155.25+0.058%SoDEX155.25+0.058%Bybit155.26+0.064%StandX155.26+0.064%BloFin155.26+0.064%OKX155.27+0.071%Vest155.28+0.077%Binance155.30+0.090%ApeX Omni155.32+0.103%SunX155.32+0.103%Deribit155.32+0.103%Aevo155.32+0.106%Extended155.33+0.107%Aster155.33+0.110%
Nado
Lighter RH
Lighter
KuCoin
Ondo Perps
Pacifica
Variational Omni
Arcus
GMX
tradeXYZ
Gate
Polymarket Perps
SoDEX
Bybit
StandX
BloFin
OKX
Vest
Binance
ApeX Omni
SunX
Deribit
Aevo
Extended
AsterBullet155.33+0.110%
Paradex155.34+0.114%QFEX155.34+0.116%Orderly155.34+0.116%HTX155.35+0.122%Bitget155.36+0.129%edgeX155.37+0.134%RISEx155.37+0.137%Aftermath Perps155.42+0.170%Phoenix155.55+0.251%Coinbase International157.06+1.225%Injective157.25+1.347%
Paradex
QFEX
Orderly
HTX
Bitget
RISEx
Phoenix
Coinbase International
InjectiveSPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex SPCXUSDTshort | −0.109% | +0.0050% | 8h | $540K | $299K | 50x | |
| Nado SPCX-PERP | −0.107% | +0.0186% | 1h | $721K | $671K | 20x | as long as short |
| Lighter RH SPCX | −0.103% | +0.0032% | 1h | $2.5M | $8.0M | 20x | as long as short |
| Lighter SPCX | −0.097% | +0.0032% | 1h | $1.6M | $6.8M | 20x | as long as short |
| KuCoin SPCXUSDTM | −0.097% | +0.0100% | 8h | $13.4M | $3.4M | 20x | as long as short |
| Ondo Perps SPCX-USD.P | −0.084% | +0.0050% | 1h | $3.0M | $2.1M | 10x | as long as short |
| Pacifica SPCX | −0.077% | +0.0100% | 1h | $168K | $122K | 10x | as long as short |
| Variational Omni SPCX | −0.071% | 0.0000% | 8h | $6.1M | $4.7M | — | as long as short |
| Arcus SPCX-USD | −0.058% | +0.0040% | 1h | $114K | $265K | 5x | as long as short |
| GMX SPCX/USD [ETH-USDC] | −0.055% | L −0.0204% / S +0.0415% | 1h | $90K | — | 20x | as long as short |