After costs, if the gap returns to its 7d average, $10k−$27
spread now−0.096%7d average−0.020%fees + slippage, in and out−$19spread needed0.195%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SPCX-PERP-INTX | 155.48 | 0.0160 | pay 0.0020% / 1h | 39m 12s | $617K | $782K | 10x |
| Short | Lighter SPCX | 155.33 | 0.0032 | get 0.0004% / 1h | 39m 12s | $1.7M | $7.0M | 20x |
Coinbase International SPCX-PERP-INTX
Lighter SPCXPrice 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
- −$9.65
- Funding while held
- −$3.84
- Slippage, 4 orders
- −$9.46
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$32.94
- Spread needed to break even
- 0.195%
Slippage from Coinbase International: live order book, 6 min ago; Lighter: live order book, 6 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0128%
- Per $10,000 a day
- −$3.84
- 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 Coinbase International live order book, 6 min ago | 4.18 bp | 9.6 bp −$10 | 13.4 bp −$134 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.32 bp | 0.3 bp $0 | 2.1 bp −$21 | 11.3 bp −$1,125 | doesn't fit |
SPCX price on every exchange
against the cheapest. Click to use as the short leg.KuCoin155.24cheapestPhemex155.27+0.019%Arcus155.29+0.032%tradeXYZ155.30+0.039%Lighter RH155.30+0.039%Ondo Perps155.31+0.045%
KuCoin
Phemex
Arcus
tradeXYZ
Lighter RH
Ondo PerpsLighter155.33+0.058%
Aftermath Perps155.34+0.062%Pacifica155.34+0.064%Gate155.34+0.064%Polymarket Perps155.35+0.071%SoDEX155.35+0.071%Nado155.35+0.072%GMX155.35+0.074%Phoenix155.37+0.084%Bybit155.38+0.090%Bitget155.39+0.097%Deribit155.39+0.097%Aevo155.39+0.099%Binance155.40+0.103%OKX155.40+0.103%QFEX155.40+0.103%Extended155.40+0.103%Variational Omni155.40+0.105%Vest155.41+0.110%Paradex155.42+0.115%Aster155.42+0.116%ApeX Omni155.42+0.116%StandX155.42+0.116%Bullet155.42+0.116%SunX155.43+0.122%HTX155.43+0.122%BloFin155.43+0.122%edgeX155.43+0.122%RISEx155.44+0.129%Orderly155.44+0.129%
Pacifica
Gate
Polymarket Perps
SoDEX
Nado
GMX
Phoenix
Bybit
Bitget
Deribit
Aevo
Binance
OKX
QFEX
Extended
Variational Omni
Vest
Paradex
Aster
ApeX Omni
StandX
Bullet
SunX
HTX
BloFin
RISEx
OrderlyCoinbase International155.48+0.155%
Injective157.25+1.295%
InjectiveSPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SPCXUSDTM | −0.154% | +0.0100% | 8h | $13.4M | $3.6M | 20x | as long as short |
| Phemex SPCXUSDT | −0.135% | −0.0033% | 8h | $544K | $315K | 50x | as long as short |
| Arcus SPCX-USD | −0.122% | +0.0040% | 1h | $114K | $262K | 5x | as long as short |
| tradeXYZ xyz:SPCX | −0.116% | +0.0050% | 1h | $135.6M | $84.3M | 20x | as long as short |
| Lighter RH SPCX | −0.116% | +0.0032% | 1h | $2.5M | $8.2M | 20x | as long as short |
| Ondo Perps SPCX-USD.P | −0.109% | +0.0050% | 1h | $3.0M | $2.2M | 10x | as long as short |
| Lighter SPCXshort | −0.096% | +0.0032% | 1h | $1.7M | $7.0M | 20x | |
| Aftermath Perps SPCXUSD | −0.093% | +0.0117% | 1h | $8K | $10K | 10x | as long as short |
| Pacifica SPCX | −0.090% | +0.0100% | 1h | $171K | $120K | 10x | as long as short |
| Gate SPCX_USDT | −0.090% | 0.0000% | 8h | $98.3M | $25.2M | 100x | as long as short |