Spread before costs (cost unknown: a leg has no order-book sample)−0.005%
7d average—if it closes, per $10,000$0funding while held, a day+$5.34
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SPCX/USD [ETH-USDC] | 157.28 | L −0.0203% / S +0.0413% | get 0.0025% / 1h | 23m 12s | $91K | — | 20x |
| Short | Nado SPCX-PERP | 157.27 | −0.0025 | pay 0.0003% / 1h | 23m 12s | $732K | $631K | 20x |
GMX SPCX/USD [ETH-USDC]
Nado SPCX-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
- −$0.47
- Funding while held
- $5.34
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$14.12
- Spread needed to break even
- 0.190%
Slippage unknown: GMX: no order-book sample; Nado: live order book, 32 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0178%
- Per $10,000 a day
- +$5.34
- 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 Nado live order book, 32 min ago | 0.32 bp | 6.6 bp −$7 | 14.4 bp −$144 | 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.Injective153.15cheapestKuCoin157.22+2.658%tradeXYZ157.25+2.677%Lighter RH157.26+2.684%Polymarket Perps157.26+2.684%Ondo Perps157.27+2.690%
Injective
KuCoin
tradeXYZ
Lighter RH
Polymarket Perps
Ondo PerpsNado157.27+2.692%
Lighter157.28+2.697%
LighterGMX157.28+2.697%
Arcus157.30+2.710%Bitget157.32+2.723%SoDEX157.32+2.723%Extended157.33+2.729%Gate157.33+2.729%Pacifica157.34+2.736%Aster157.34+2.736%Aevo157.35+2.740%QFEX157.36+2.749%Paradex157.37+2.754%Bybit157.38+2.762%Vest157.38+2.762%Deribit157.38+2.762%Coinbase International157.38+2.762%Binance157.38+2.763%OKX157.39+2.769%SunX157.39+2.769%Bullet157.40+2.774%Orderly157.40+2.775%HTX157.40+2.775%Phemex157.41+2.782%Aftermath Perps157.41+2.784%RISEx157.42+2.790%Phoenix157.44+2.801%BloFin157.44+2.801%StandX157.46+2.814%ApeX Omni157.54+2.866%edgeX157.65+2.937%Variational Omni157.84+3.060%
Arcus
Bitget
SoDEX
Extended
Gate
Pacifica
Aster
Aevo
QFEX
Paradex
Bybit
Vest
Deribit
Coinbase International
Binance
OKX
SunX
Bullet
Orderly
HTX
Phemex
RISEx
Phoenix
BloFin
StandX
ApeX Omni
Variational OmniSPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SPCX/USDC PERP | −2.626% | +0.0033% | 1h | $8K | $4K | 5.5x | as long as short |
| KuCoin SPCXUSDTM | −0.038% | +0.0100% | 8h | $13.5M | $3.1M | 20x | as long as short |
| tradeXYZ xyz:SPCX | −0.019% | 0.0000% | 1h | $155.8M | $53.4M | 20x | as long as short |
| Lighter RH SPCX | −0.013% | +0.0032% | 1h | $2.5M | $7.8M | 20x | as long as short |
| Polymarket Perps SPCX-USD | −0.013% | +0.0050% | 1h | $508K | $1.0M | 10x | as long as short |
| Ondo Perps SPCX-USD.P | −0.006% | +0.0050% | 1h | $3.0M | $2.0M | 10x | as long as short |
| Nado SPCX-PERPshort | −0.005% | −0.0025% | 1h | $732K | $631K | 20x | |
| Lighter SPCX | 0.000% | +0.0032% | 1h | $1.8M | $6.0M | 20x | as long as short |
| GMX SPCX/USD [ETH-USDC]long | 0.000% | L −0.0203% / S +0.0413% | 1h | $91K | — | 20x | |
| Arcus SPCX-USD | +0.013% | +0.0040% | 1h | $116K | $262K | 5x | as long as short |