Spread before costs (cost unknown: a leg has no order-book sample)−0.070%
7d average—if it closes, per $10,000$7funding while held, a day+$0.63
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SPCX | 154.91 | 0.0032 | pay 0.0004% / 1h | 27m 54s | $2.4M | $2.9M | 20x |
| Short | Paradex SPCX-USD-PERP | 154.80 | 0.0053 | get 0.0053% / 8h | 2h 27m | $102 | — | 5x |
Lighter SPCX
Paradex SPCX-USD-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
- −$7
- Funding while held
- $0.63
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$10.37
- Spread needed to break even
- 0.040%
Slippage unknown: Lighter: live order book, 6 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0021%
- Per $10,000 a day
- +$0.63
- 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 Lighter live order book, 6 min ago | 0.32 bp | 0.3 bp $0 | 1.8 bp −$18 | 22.8 bp −$2,282 | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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.Injective153.15cheapestStandX153.82+0.437%BloFin153.95+0.522%edgeX153.98+0.542%Aftermath Perps154.20+0.687%Phoenix154.50+0.881%ApeX Omni154.61+0.953%Pacifica154.65+0.979%Lighter RH154.70+1.012%Arcus154.76+1.051%Deribit154.76+1.051%Variational Omni154.76+1.054%Vest154.80+1.077%GMX154.80+1.077%
Injective
StandX
BloFin
Phoenix
ApeX Omni
Pacifica
Lighter RH
Arcus
Deribit
Variational Omni
Vest
GMXParadex154.80+1.078%
KuCoin154.82+1.090%SoDEX154.82+1.090%Aevo154.82+1.093%QFEX154.83+1.097%Nado154.84+1.100%Ondo Perps154.85+1.110%Polymarket Perps154.85+1.110%Orderly154.87+1.123%SunX154.89+1.136%
KuCoin
SoDEX
Aevo
QFEX
Nado
Ondo Perps
Polymarket Perps
Orderly
SunXLighter154.91+1.149%
RISEx154.94+1.172%Bullet154.96+1.182%Coinbase International154.98+1.195%Phemex155.10+1.273%HTX155.17+1.319%Aster155.75+1.701%Gate155.82+1.743%tradeXYZ155.84+1.756%Extended155.86+1.770%Binance155.92+1.809%Bitget155.95+1.828%OKX155.99+1.854%Bybit156.07+1.907%
RISEx
Bullet
Coinbase International
Phemex
HTX
Aster
Gate
tradeXYZ
Extended
Binance
Bitget
OKX
BybitSPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SPCX/USDC PERP | −1.136% | +0.0033% | 1h | $8K | $23K | 5.5x | as long as short |
| StandX SPCX-USD | −0.704% | 0.0000% | 1h | $303K | $1.6M | 20x | as long as short |
| BloFin SPCX-USDT | −0.620% | −0.0120% | 8h | $2.1M | $375K | 75x | as long as short |
| edgeX SPCXUSDC | −0.600% | −0.0768% | 4h | $1.8M | $296K | 20x | as long as short |
| Aftermath Perps SPCXUSD | −0.457% | +0.0006% | 1h | $8K | $5K | 10x | as long as short |
| Phoenix SPCX | −0.265% | +0.0209% | 1h | $376K | $15K | 15x | as long as short |
| ApeX Omni SPCXUSDT | −0.194% | +0.0100% | 1h | $58K | $269K | 50x | as long as short |
| Pacifica SPCX | −0.168% | +0.0100% | 1h | $167K | $91K | 10x | as long as short |
| Lighter RH SPCX | −0.136% | +0.0032% | 1h | $2.4M | $5.5M | 20x | as long as short |
| Arcus SPCX-USD | −0.097% | +0.0040% | 1h | $97K | $95K | 5x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Deribit SPCX_USDC-PERPETUAL | −0.097% | 0.0000% | 1h | $66K | $533K | 10x | as long as short |
| Variational Omni SPCX | −0.094% | 0.0000% | 8h | $6.3M | $4.0M | — | as long as short |
| Vest SPCX-USD-PERP | −0.071% | +0.0046% | 1h | — | $291K | 10x | as long as short |
| GMX SPCX/USD [ETH-USDC] | −0.071% | L −0.0203% / S +0.0440% | 1h | $90K | — | 20x | as long as short |
| Paradex SPCX-USD-PERPshort | −0.070% | +0.0053% | 8h | $102 | — | 5x | |
| KuCoin SPCXUSDTM | −0.058% | +0.0100% | 8h | $13.2M | $2.1M | 20x | as long as short |
| SoDEX SPCX-USD | −0.058% | +0.0050% | 1h | $1.7M | $103K | 20x | as long as short |
| Aevo SPCX-PERP | −0.055% | +0.0104% | 1h | $90 | — | 10x | as long as short |
| QFEX SPCX-USD | −0.052% | +0.0045% | 1h | $1.2M | $3.7M | 10x | as long as short |
| Nado SPCX-PERP | −0.048% | +0.0116% | 1h | $750K | $342K | 20x | as long as short |
| Ondo Perps SPCX-USD.P | −0.039% | +0.0050% | 1h | $3.0M | $1.2M | 10x | as long as short |
| Polymarket Perps SPCX-USD | −0.039% | +0.0050% | 1h | $633K | $556K | 10x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | −0.026% | +0.0100% | 8h | $13K | $2K | 10x | as long as short |
| SunX SPCX-USDT | −0.013% | 0.0000% | 8h | $8K | $442K | 10x | as long as short |
| Lighter SPCXlong | 0.000% | +0.0032% | 1h | $2.4M | $2.9M | 20x | |
| RISEx SPCX/USDC | +0.022% | +0.0279% | 1h | $390K | $419K | 20x | as long as short |
| Bullet SPCX-USD | +0.032% | +0.0166% | 1h | $14K | $189K | 10x | as long as short |
| Coinbase International SPCX-PERP-INTX | +0.045% | +0.0224% | 1h | $647K | $567K | 10x | as long as short |
| Phemex SPCXUSDT | +0.123% | +0.0050% | 8h | $532K | $241K | 50x | as long as short |
| HTX SPCX-USDT | +0.168% | 0.0000% | 8h | $1.4M | $906K | 75x | as long as short |
| Aster SPCXUSD1 | +0.545% | 0.0000% | 8h | $18.4M | $14.4M | 20x | as long as short |
| Gate SPCX_USDT | +0.587% | 0.0000% | 8h | $101.7M | $12.8M | 100x | as long as short |
| tradeXYZ xyz:SPCX | +0.600% | +0.0050% | 1h | $156.5M | $24.5M | 20x | as long as short |
| Extended SPCX-USD | +0.614% | 0.0000% | 1h | $711K | $3.2M | 10x | as long as short |
| Binance SPCXUSDT | +0.652% | 0.0000% | 8h | $274.3M | $338.8M | 75x | as long as short |
| Bitget SPCXUSDT | +0.671% | +0.0040% | 8h | $30.3M | $20.8M | 75x | as long as short |
| OKX SPCX-USDT-SWAP | +0.697% | 0.0000% | 8h | $43.7M | $52.6M | 75x | as long as short |
| Bybit SPCXUSDT | +0.749% | 0.0000% | 8h | $32.7M | $11.9M | 100x | as long as short |