Spread before costs (cost unknown: a leg has no order-book sample)+0.036%
7d average—if it closes, per $10,000$4funding while held, a day+$11.72
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SPCX/USD [ETH-USDC] | 153.31 | L −0.0207% / S +0.0415% | get 0.0026% / 1h | 50m 16s | $89K | — | 20x |
| Short | Coinbase International SPCX-PERP-INTX | 153.37 | 0.0184 | get 0.0023% / 1h | 50m 16s | $611K | $776K | 10x |
GMX SPCX/USD [ETH-USDC]
Coinbase International SPCX-PERP-INTXPrice 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
- $3.59
- Funding while held
- $11.72
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$6.7
- Spread needed to break even
- 0.220%
Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 49 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0391%
- Per $10,000 a day
- +$11.72
- 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 GMX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 49 min ago | 2.91 bp | 8.4 bp −$8 | 11.6 bp −$116 | doesn't fit | doesn't fit |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SPCX price on every exchange
against the cheapest. Click to use as the short leg.tradeXYZ153.29cheapestPacifica153.30+0.007%KuCoin153.30+0.007%Polymarket Perps153.31+0.013%
tradeXYZ
Pacifica
KuCoin
Polymarket PerpsGMX153.31+0.016%
Binance153.32+0.020%Bybit153.32+0.020%OKX153.32+0.020%Lighter RH153.33+0.026%Arcus153.33+0.026%Lighter153.34+0.033%Gate153.34+0.033%SoDEX153.35+0.039%Phemex153.36+0.046%Paradex153.36+0.048%Aster153.37+0.052%
Binance
Bybit
OKX
Lighter RH
Arcus
Lighter
Gate
SoDEX
Phemex
Paradex
AsterCoinbase International153.37+0.052%
Bullet153.37+0.054%QFEX153.38+0.059%Deribit153.38+0.059%Vest153.39+0.065%Aftermath Perps153.39+0.067%Extended153.39+0.068%Aevo153.40+0.071%Ondo Perps153.40+0.072%HTX153.40+0.072%Bitget153.41+0.078%RISEx153.42+0.084%Orderly153.43+0.091%SunX153.45+0.104%BloFin153.47+0.117%Nado153.50+0.137%Variational Omni153.52+0.149%edgeX153.55+0.168%Phoenix153.55+0.170%StandX153.59+0.196%ApeX Omni153.63+0.222%Injective157.25+2.583%
Bullet
QFEX
Deribit
Vest
Extended
Aevo
Ondo Perps
HTX
Bitget
RISEx
Orderly
SunX
BloFin
Nado
Variational Omni
Phoenix
StandX
ApeX Omni
InjectiveSPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SPCX | −0.016% | +0.0050% | 1h | $134.6M | $91.2M | 20x | as long as short |
| Pacifica SPCX | −0.010% | +0.0100% | 1h | $177K | $132K | 10x | as long as short |
| KuCoin SPCXUSDTM | −0.010% | +0.0100% | 8h | $13.1M | $4.1M | 20x | as long as short |
| Polymarket Perps SPCX-USD | −0.003% | +0.0050% | 1h | $493K | $1.1M | 10x | as long as short |
| GMX SPCX/USD [ETH-USDC]long | 0.000% | L −0.0207% / S +0.0415% | 1h | $89K | — | 20x | |
| Binance SPCXUSDT | +0.003% | 0.0000% | 8h | $245.7M | $1.23B | 75x | as long as short |
| Bybit SPCXUSDT | +0.003% | 0.0000% | 8h | $30.2M | $38.2M | 100x | as long as short |
| OKX SPCX-USDT-SWAP | +0.003% | 0.0000% | 8h | $40.4M | $153.0M | 75x | as long as short |
| Lighter RH SPCX | +0.010% | +0.0032% | 1h | $2.5M | $7.4M | 20x | as long as short |
| Arcus SPCX-USD | +0.010% | +0.0323% | 1h | $106K | $271K | 5x | as long as short |