Spread before costs (cost unknown: a leg has no order-book sample)−1.221%
7d average—if it closes, per $10,000$122funding while held, a day−$1.43
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective SPCX/USDC PERP | 157.25 | 0.0033 | pay 0.0004% / 1h | 40m 40s | $9K | $27K | 5.5x |
| Short | Phemex SPCXUSDT | 155.33 | −0.0014 | pay 0.0014% / 8h | 7h 40m | $545K | $314K | 50x |
Injective SPCX/USDC PERP
Phemex SPCXUSDTPrice 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
- −$122.1
- Funding while held
- −$1.43
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$135.55
- Spread needed to break even
- 0.120%
Slippage unknown: Injective: no order-book sample; Phemex: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0048%
- Per $10,000 a day
- −$1.43
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 3 min ago | 2.25 bp | 24.8 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
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.KuCoin155.23cheapestLighter RH155.26+0.019%Pacifica155.26+0.019%Arcus155.27+0.026%tradeXYZ155.28+0.032%Lighter155.29+0.039%Ondo Perps155.29+0.039%Gate155.30+0.045%Bybit155.32+0.058%OKX155.33+0.064%
KuCoin
Lighter RH
Pacifica
Arcus
tradeXYZ
Lighter
Ondo Perps
Gate
Bybit
OKXPhemex155.33+0.064%
Extended155.33+0.067%Paradex155.34+0.070%Nado155.34+0.074%Binance155.35+0.076%Aftermath Perps155.36+0.085%SoDEX155.38+0.097%Aster155.38+0.100%GMX155.39+0.103%Bitget155.40+0.110%Variational Omni155.40+0.111%Aevo155.41+0.115%RISEx155.41+0.116%Phoenix155.41+0.116%Deribit155.41+0.116%ApeX Omni155.42+0.122%Bullet155.43+0.129%SunX155.43+0.129%edgeX155.44+0.133%Polymarket Perps155.44+0.135%StandX155.46+0.148%Orderly155.46+0.148%Vest155.47+0.155%QFEX155.48+0.161%Coinbase International155.48+0.161%HTX155.48+0.161%BloFin155.49+0.167%
Extended
Paradex
Nado
Binance
SoDEX
Aster
GMX
Bitget
Variational Omni
Aevo
RISEx
Phoenix
Deribit
ApeX Omni
Bullet
SunX
Polymarket Perps
StandX
Orderly
Vest
QFEX
Coinbase International
HTX
BloFinInjective157.25+1.301%
SPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SPCXUSDTM | −1.285% | +0.0100% | 8h | $13.4M | $3.6M | 20x | as long as short |
| Lighter RH SPCX | −1.266% | +0.0032% | 1h | $2.4M | $8.1M | 20x | as long as short |
| Pacifica SPCX | −1.266% | +0.0100% | 1h | $171K | $120K | 10x | as long as short |
| Arcus SPCX-USD | −1.259% | +0.0040% | 1h | $114K | $262K | 5x | as long as short |
| tradeXYZ xyz:SPCX | −1.253% | +0.0050% | 1h | $135.6M | $84.6M | 20x | as long as short |
| Lighter SPCX | −1.246% | +0.0032% | 1h | $1.7M | $6.9M | 20x | as long as short |
| Ondo Perps SPCX-USD.P | −1.246% | +0.0050% | 1h | $3.0M | $2.2M | 10x | as long as short |
| Gate SPCX_USDT | −1.240% | 0.0000% | 8h | $98.2M | $25.1M | 100x | as long as short |
| Bybit SPCXUSDT | −1.227% | 0.0000% | 8h | $31.3M | $35.7M | 100x | as long as short |
| OKX SPCX-USDT-SWAP | −1.221% | 0.0000% | 8h | $48.5M | $132.8M | 75x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex SPCXUSDTshort | −1.221% | −0.0014% | 8h | $545K | $314K | 50x | |
| Extended SPCX-USD | −1.219% | 0.0000% | 1h | $713K | $3.5M | 10x | as long as short |
| Paradex SPCX-USD-PERP | −1.215% | +0.0051% | 8h | $103 | — | 5x | as long as short |
| Nado SPCX-PERP | −1.212% | +0.0146% | 1h | $711K | $766K | 20x | as long as short |
| Binance SPCXUSDT | −1.209% | 0.0000% | 8h | $247.6M | $1.14B | 75x | as long as short |
| Aftermath Perps SPCXUSD | −1.201% | +0.0121% | 1h | $8K | $10K | 10x | as long as short |
| SoDEX SPCX-USD | −1.189% | +0.0050% | 1h | $1.7M | $77K | 20x | as long as short |
| Aster SPCXUSD1 | −1.186% | 0.0000% | 8h | $18.2M | $18.7M | 20x | as long as short |
| GMX SPCX/USD [ETH-USDC] | −1.183% | L −0.0207% / S +0.0415% | 1h | $90K | — | 20x | as long as short |
| Bitget SPCXUSDT | −1.176% | +0.0071% | 8h | $28.7M | $54.4M | 75x | as long as short |
| Variational Omni SPCX | −1.175% | 0.0000% | 8h | $6.1M | $4.3M | — | as long as short |
| Aevo SPCX-PERP | −1.171% | +0.0104% | 1h | $90 | — | 10x | as long as short |
| RISEx SPCX/USDC | −1.170% | +0.0141% | 1h | $343K | $523K | 20x | as long as short |
| Phoenix SPCX | −1.170% | +0.0155% | 1h | $381K | $133K | 15x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | −1.170% | +0.0072% | 1h | $62K | $814K | 10x | as long as short |
| ApeX Omni SPCXUSDT | −1.164% | +0.0100% | 1h | $59K | $270K | 50x | as long as short |
| Bullet SPCX-USD | −1.157% | 0.0000% | 1h | $12K | $190K | 10x | as long as short |
| SunX SPCX-USDT | −1.157% | 0.0000% | 8h | $8K | $999K | 10x | as long as short |
| edgeX SPCXUSDC | −1.153% | −0.0907% | 4h | $1.8M | $893K | 20x | as long as short |
| Polymarket Perps SPCX-USD | −1.151% | +0.0050% | 1h | $498K | $1.1M | 10x | as long as short |
| StandX SPCX-USD | −1.138% | 0.0000% | 1h | $306K | $2.5M | 20x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | −1.138% | +0.0100% | 8h | $15K | $6K | 10x | as long as short |
| Vest SPCX-USD-PERP | −1.132% | +0.0046% | 1h | — | $789K | 10x | as long as short |
| QFEX SPCX-USD | −1.126% | +0.0035% | 1h | $1.2M | $5.4M | 10x | as long as short |
| Coinbase International SPCX-PERP-INTX | −1.126% | +0.0160% | 1h | $617K | $782K | 10x | as long as short |
| HTX SPCX-USDT | −1.126% | 0.0000% | 8h | $1.3M | $1.4M | 75x | as long as short |
| BloFin SPCX-USDT | −1.119% | −0.0120% | 8h | $2.4M | $1.2M | 75x | as long as short |
| Injective SPCX/USDC PERPlong | 0.000% | +0.0033% | 1h | $9K | $27K | 5.5x |