After costs, if the gap returns to its 7d average, $10k−$12
spread now+0.058%7d average+0.023%fees + slippage, in and out−$15spread needed0.152%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter SPCX | 155.32 | 0.0032 | pay 0.0004% / 1h | 40m 12s | $1.7M | $6.9M | 20x |
| Short | Phoenix SPCX | 155.41 | 0.0155 | get 0.0019% / 1h | 40m 12s | $381K | $133K | 15x |
Price 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
- $5.79
- Funding while held
- $3.68
- Slippage, 4 orders
- −$8.17
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$5.7
- Spread needed to break even
- 0.152%
Slippage from Lighter: live order book, 5 min ago; Phoenix: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0123%
- Per $10,000 a day
- +$3.68
- 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, 5 min ago | 0.32 bp | 0.3 bp $0 | 0.9 bp −$9 | 11.7 bp −$1,169 | doesn't fit |
| Sell Phoenix live order book, 3 min ago | 0.32 bp | 7.3 bp −$7 | 20.1 bp −$201 | doesn't fit | doesn't fit |
SPCX price on every exchange
against the cheapest. Click to use as the short leg.SPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SPCXUSDTM | −0.058% | +0.0100% | 8h | $13.4M | $3.6M | 20x | as long as short |
| Pacifica SPCX | −0.039% | +0.0100% | 1h | $171K | $120K | 10x | as long as short |
| Phemex SPCXUSDT | −0.039% | +0.0002% | 8h | $545K | $315K | 50x | as long as short |
| Arcus SPCX-USD | −0.032% | +0.0040% | 1h | $114K | $262K | 5x | as long as short |
| Nado SPCX-PERP | −0.027% | +0.0146% | 1h | $710K | $766K | 20x | as long as short |
| Ondo Perps SPCX-USD.P | −0.019% | +0.0050% | 1h | $3.0M | $2.2M | 10x | as long as short |
| Lighter RH SPCX | −0.013% | +0.0032% | 1h | $2.4M | $8.1M | 20x | as long as short |
| Polymarket Perps SPCX-USD | −0.013% | +0.0050% | 1h | $498K | $1.1M | 10x | as long as short |
| tradeXYZ xyz:SPCX | −0.006% | +0.0050% | 1h | $135.6M | $84.6M | 20x | as long as short |
| Lighter SPCXlong | 0.000% | +0.0032% | 1h | $1.7M | $6.9M | 20x |
Lighter SPCX
Phoenix SPCX
KuCoin
Pacifica
Phemex
Lighter RH
Polymarket Perps
tradeXYZ
Gate
Paradex
SoDEX
GMX
Extended
Bullet
Bybit
OKX
Deribit
Aster
HTX
Binance
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StandX
SunX
Coinbase International
BloFin
Injective