Spread before costs (cost unknown: a leg has no order-book sample)+0.029%
7d average—if it closes, per $10,000$3funding while held, a day+$7.70
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX SPCX/USD [ETH-USDC] | 153.34 | L −0.0207% / S +0.0415% | get 0.0026% / 1h | 49m 08s | $89K | — | 20x |
| Short | Polymarket Perps SPCX-USD | 153.38 | 0.0050 | get 0.0006% / 1h | 49m 08s | $493K | $1.1M | 10x |
GMX SPCX/USD [ETH-USDC]
Polymarket Perps SPCX-USDPrice 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
- $2.93
- Funding while held
- $7.7
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$9.37
- Spread needed to break even
- 0.200%
Slippage unknown: GMX: no order-book sample; Polymarket Perps: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0257%
- Per $10,000 a day
- +$7.70
- 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 Polymarket Perps live order book, 1 min ago | 2.28 bp | 6.3 bp −$6 | 6.8 bp −$68 | 9.7 bp −$969 | 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.tradeXYZ153.28cheapestKuCoin153.28cheapestPacifica153.28+0.003%Lighter RH153.30+0.013%Gate153.32+0.026%Nado153.32+0.028%Lighter153.33+0.033%Deribit153.33+0.033%Phemex153.33+0.033%
tradeXYZ
KuCoin
Pacifica
Lighter RH
Gate
Nado
Lighter
Deribit
PhemexGMX153.34+0.036%
SoDEX153.35+0.046%HTX153.35+0.046%Aster153.36+0.052%Bitget153.36+0.052%Aftermath Perps153.36+0.054%Extended153.37+0.058%Bybit153.37+0.059%Arcus153.37+0.059%Coinbase International153.37+0.059%Aevo153.38+0.062%Binance153.38+0.065%OKX153.38+0.065%
SoDEX
HTX
Aster
Bitget
Extended
Bybit
Arcus
Coinbase International
Aevo
Binance
OKXPolymarket Perps153.38+0.065%
Orderly153.38+0.065%SunX153.39+0.072%Ondo Perps153.40+0.078%Vest153.40+0.078%Bullet153.40+0.078%BloFin153.41+0.085%Paradex153.42+0.094%QFEX153.43+0.098%RISEx153.45+0.111%ApeX Omni153.49+0.137%Variational Omni153.52+0.156%edgeX153.55+0.175%Phoenix153.55+0.176%StandX153.59+0.202%Injective157.25+2.590%
Orderly
SunX
Ondo Perps
Vest
Bullet
BloFin
Paradex
QFEX
RISEx
ApeX Omni
Variational Omni
Phoenix
StandX
InjectiveSPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SPCX | −0.036% | +0.0055% | 1h | $134.6M | $91.2M | 20x | as long as short |
| KuCoin SPCXUSDTM | −0.036% | +0.0100% | 8h | $13.0M | $4.1M | 20x | as long as short |
| Pacifica SPCX | −0.033% | +0.0100% | 1h | $177K | $131K | 10x | as long as short |
| Lighter RH SPCX | −0.023% | +0.0032% | 1h | $2.5M | $7.4M | 20x | as long as short |
| Gate SPCX_USDT | −0.010% | 0.0000% | 8h | $97.0M | $27.9M | 100x | as long as short |
| Nado SPCX-PERP | −0.008% | +0.0278% | 1h | $690K | $799K | 20x | as long as short |
| Lighter SPCX | −0.003% | +0.0032% | 1h | $1.6M | $6.8M | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | −0.003% | +0.0272% | 1h | $67K | $907K | 10x | as long as short |
| Phemex SPCXUSDT | −0.003% | +0.0050% | 8h | $539K | $344K | 50x | as long as short |
| GMX SPCX/USD [ETH-USDC]long | 0.000% | L −0.0207% / S +0.0415% | 1h | $89K | — | 20x |