After costs, if the gap returns to its 7d average, $10k−$15
spread now+0.097%7d average+0.029%fees + slippage, in and out−$22spread needed0.220%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SPCX | 155.17 | 0.0032 | pay 0.0004% / 1h | 29m 52s | $2.5M | $8.0M | 20x |
| Short | Deribit SPCX_USDC-PERPETUAL | 155.32 | 0.0201 | get 0.0025% / 1h | 29m 52s | $59K | $753K | 10x |
Lighter RH SPCX
Deribit SPCX_USDC-PERPETUALPrice 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
- $9.67
- Funding while held
- $5.07
- Slippage, 4 orders
- −$14.96
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$7.23
- Spread needed to break even
- 0.220%
Slippage from Lighter RH: live order book, 5 min ago; Deribit: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0169%
- Per $10,000 a day
- +$5.07
- 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 RH live order book, 5 min ago | 0.64 bp | 0.6 bp −$1 | 2.3 bp −$23 | 35.4 bp −$3,539 | doesn't fit |
| Sell Deribit live order book, 11 min ago | 6.42 bp | 9.9 bp −$10 | 11.9 bp −$119 | doesn't fit | doesn't fit |
SPCX price on every exchange
against the cheapest. Click to use as the short leg.Phemex155.16cheapestNado155.16+0.002%
Phemex
NadoLighter RH155.17+0.006%
Lighter155.18+0.013%KuCoin155.18+0.013%Ondo Perps155.20+0.026%Pacifica155.21+0.032%Variational Omni155.22+0.039%tradeXYZ155.23+0.045%Arcus155.24+0.052%GMX155.25+0.055%Polymarket Perps155.25+0.058%SoDEX155.25+0.058%StandX155.26+0.064%BloFin155.26+0.064%Vest155.28+0.077%Gate155.30+0.090%Extended155.31+0.096%ApeX Omni155.32+0.103%SunX155.32+0.103%
Lighter
KuCoin
Ondo Perps
Pacifica
Variational Omni
tradeXYZ
Arcus
GMX
Polymarket Perps
SoDEX
StandX
BloFin
Vest
Gate
Extended
ApeX Omni
SunXDeribit155.32+0.103%
Aevo155.32+0.106%Bullet155.33+0.110%Paradex155.34+0.114%Aster155.34+0.116%Bybit155.34+0.116%OKX155.34+0.116%QFEX155.34+0.116%Orderly155.34+0.116%HTX155.35+0.122%edgeX155.37+0.134%Binance155.37+0.135%RISEx155.37+0.137%Bitget155.38+0.142%Aftermath Perps155.42+0.170%Phoenix155.55+0.251%Coinbase International157.06+1.225%Injective157.25+1.347%
Aevo
Bullet
Paradex
Aster
Bybit
OKX
QFEX
Orderly
HTX
Binance
RISEx
Bitget
Phoenix
Coinbase International
InjectiveSPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phemex SPCXUSDT | −0.006% | +0.0050% | 8h | $540K | $299K | 50x | as long as short |
| Nado SPCX-PERP | −0.004% | +0.0186% | 1h | $721K | $671K | 20x | as long as short |
| Lighter RH SPCXlong | 0.000% | +0.0032% | 1h | $2.5M | $8.0M | 20x | |
| Lighter SPCX | +0.006% | +0.0032% | 1h | $1.6M | $6.8M | 20x | as long as short |
| KuCoin SPCXUSDTM | +0.006% | +0.0100% | 8h | $13.4M | $3.4M | 20x | as long as short |
| Ondo Perps SPCX-USD.P | +0.019% | +0.0050% | 1h | $3.0M | $2.1M | 10x | as long as short |
| Pacifica SPCX | +0.026% | +0.0100% | 1h | $168K | $122K | 10x | as long as short |
| Variational Omni SPCX | +0.032% | 0.0000% | 8h | $6.1M | $4.7M | — | as long as short |
| tradeXYZ xyz:SPCX | +0.039% | +0.0050% | 1h | $135.5M | $82.8M | 20x | as long as short |
| Arcus SPCX-USD | +0.045% | +0.0040% | 1h | $114K | $265K | 5x | as long as short |