Spread before costs (cost unknown: a leg has no order-book sample)−3.017%
7d average—if it closes, per $10,000$302funding while held, a day+$7.08
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SPCX/USD [ETH-USDC] | 157.91 | L −0.0203% / S +0.0413% | get 0.0025% / 1h | 28m 39s | $92K | — | 20x |
| Short | Injective SPCX/USDC PERP | 153.15 | 0.0033 | get 0.0004% / 1h | 28m 39s | $8K | $4K | 5.5x |
GMX SPCX/USD [ETH-USDC]
Injective SPCX/USDC PERPPrice 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
- −$301.74
- Funding while held
- $7.08
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$306.68
- Spread needed to break even
- 0.120%
Slippage unknown: GMX: no order-book sample; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0236%
- Per $10,000 a day
- +$7.08
- 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 Injective no order-book sample | — | — | — | — | — |
GMX and Injective: 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.Injective153.15cheapest
Phoenix156.85+2.416%edgeX156.85+2.418%Aftermath Perps157.01+2.521%Variational Omni157.46+2.813%KuCoin157.81+3.043%QFEX157.90+3.102%Arcus157.91+3.108%
Phoenix
Variational Omni
KuCoin
QFEX
ArcusGMX157.91+3.111%
Coinbase International157.92+3.115%Phemex157.93+3.121%Extended157.94+3.127%StandX157.94+3.128%Nado157.94+3.130%Ondo Perps157.95+3.134%Lighter RH157.96+3.141%Vest157.97+3.147%Polymarket Perps157.98+3.154%SoDEX157.98+3.154%Paradex157.99+3.159%tradeXYZ157.99+3.160%Lighter158.00+3.167%HTX158.00+3.167%Pacifica158.00+3.170%Bullet158.01+3.172%SunX158.02+3.180%RISEx158.02+3.181%Gate158.03+3.186%Aster158.03+3.189%Aevo158.04+3.192%Deribit158.04+3.193%ApeX Omni158.05+3.199%Bybit158.07+3.213%Orderly158.08+3.219%OKX158.10+3.232%BloFin158.11+3.239%Binance158.12+3.248%Bitget158.14+3.258%
Coinbase International
Phemex
Extended
StandX
Nado
Ondo Perps
Lighter RH
Vest
Polymarket Perps
SoDEX
Paradex
tradeXYZ
Lighter
HTX
Pacifica
Bullet
SunX
RISEx
Gate
Aster
Aevo
Deribit
ApeX Omni
Bybit
Orderly
OKX
BloFin
Binance
BitgetSPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SPCX/USDC PERPshort | −3.017% | +0.0033% | 1h | $8K | $4K | 5.5x | |
| Phoenix SPCX | −0.674% | +0.0154% | 1h | $387K | $93K | 15x | as long as short |
| edgeX SPCXUSDC | −0.672% | −0.0865% | 4h | $1.8M | $894K | 20x | as long as short |
| Aftermath Perps SPCXUSD | −0.572% | +0.0077% | 1h | $8K | $9K | 10x | as long as short |
| Variational Omni SPCX | −0.289% | 0.0000% | 8h | $6.4M | $4.4M | — | as long as short |
| KuCoin SPCXUSDTM | −0.066% | +0.0100% | 8h | $13.6M | $3.0M | 20x | as long as short |
| QFEX SPCX-USD | −0.009% | +0.0015% | 1h | $1.2M | $4.4M | 10x | as long as short |
| Arcus SPCX-USD | −0.003% | +0.0040% | 1h | $117K | $262K | 5x | as long as short |
| GMX SPCX/USD [ETH-USDC]long | 0.000% | L −0.0203% / S +0.0413% | 1h | $92K | — | 20x | |
| Coinbase International SPCX-PERP-INTX | +0.003% | +0.0192% | 1h | $617K | $755K | 10x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex SPCXUSDT | +0.009% | +0.0050% | 8h | $551K | $283K | 50x | as long as short |
| Extended SPCX-USD | +0.015% | 0.0000% | 1h | $721K | $3.5M | 10x | as long as short |
| StandX SPCX-USD | +0.016% | 0.0000% | 1h | $311K | $2.1M | 20x | as long as short |
| Nado SPCX-PERP | +0.018% | −0.0050% | 1h | $741K | $612K | 20x | as long as short |
| Ondo Perps SPCX-USD.P | +0.022% | +0.0050% | 1h | $2.9M | $2.0M | 10x | as long as short |
| Lighter RH SPCX | +0.028% | +0.0032% | 1h | $2.5M | $7.6M | 20x | as long as short |
| Vest SPCX-USD-PERP | +0.035% | +0.0046% | 1h | — | $574K | 10x | as long as short |
| Polymarket Perps SPCX-USD | +0.041% | +0.0050% | 1h | $495K | $968K | 10x | as long as short |
| SoDEX SPCX-USD | +0.041% | +0.0050% | 1h | $1.7M | $82K | 20x | as long as short |
| Paradex SPCX-USD-PERP | +0.046% | +0.0051% | 8h | $104 | — | 5x | as long as short |
| tradeXYZ xyz:SPCX | +0.047% | −0.0015% | 1h | $156.8M | $51.1M | 20x | as long as short |
| Lighter SPCX | +0.054% | +0.0032% | 1h | $1.9M | $5.9M | 20x | as long as short |
| HTX SPCX-USDT | +0.054% | 0.0000% | 8h | $1.4M | $1.6M | 75x | as long as short |
| Pacifica SPCX | +0.057% | +0.0100% | 1h | $171K | $126K | 10x | as long as short |
| Bullet SPCX-USD | +0.059% | 0.0000% | 1h | $12K | $193K | 10x | as long as short |
| SunX SPCX-USDT | +0.066% | 0.0000% | 8h | $8K | $626K | 10x | as long as short |
| RISEx SPCX/USDC | +0.068% | +0.0044% | 1h | $358K | $515K | 20x | as long as short |
| Gate SPCX_USDT | +0.073% | 0.0000% | 8h | $101.5M | $20.3M | 100x | as long as short |
| Aster SPCXUSD1 | +0.075% | 0.0000% | 8h | $18.8M | $17.9M | 20x | as long as short |
| Aevo SPCX-PERP | +0.078% | +0.0104% | 1h | $92 | — | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.079% | 0.0000% | 1h | $50K | $678K | 10x | as long as short |
| ApeX Omni SPCXUSDT | +0.085% | +0.0100% | 1h | $59K | $270K | 50x | as long as short |
| Bybit SPCXUSDT | +0.098% | 0.0000% | 8h | $32.8M | $30.2M | 100x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.104% | +0.0100% | 8h | $15K | $6K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | +0.117% | 0.0000% | 8h | $52.0M | $114.0M | 75x | as long as short |
| BloFin SPCX-USDT | +0.123% | −0.0120% | 8h | $2.2M | $803K | 75x | as long as short |
| Binance SPCXUSDT | +0.132% | 0.0000% | 8h | $276.4M | $907.0M | 75x | as long as short |
| Bitget SPCXUSDT | +0.142% | +0.0001% | 8h | $30.2M | $44.3M | 75x | as long as short |