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+$0.56
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH SPCX | 154.20 | 0.0032 | pay 0.0004% / 1h | 12m 43s | $2.5M | $8.3M | 20x |
| Short | Paradex SPCX-USD-PERP | 154.31 | 0.0051 | get 0.0051% / 8h | 7h 12m | $102 | — | 5x |
Lighter RH 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
- $6.99
- Funding while held
- $0.56
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $3.55
- Spread needed to break even
- 0.040%
Slippage unknown: Lighter RH: live order book, 2 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0019%
- Per $10,000 a day
- +$0.56
- 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, 2 min ago | 1.29 bp | 2.5 bp −$3 | 4.1 bp −$41 | 34.5 bp −$3,450 | 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.KuCoin154.16cheapest
KuCoinLighter RH154.20+0.026%
Pacifica154.20+0.026%tradeXYZ154.21+0.032%Lighter154.21+0.032%Arcus154.24+0.052%Gate154.24+0.052%Bybit154.26+0.065%Binance154.26+0.066%Bitget154.27+0.071%Nado154.28+0.075%OKX154.28+0.078%QFEX154.28+0.078%SunX154.29+0.084%Extended154.29+0.086%Aster154.30+0.091%
Pacifica
tradeXYZ
Lighter
Arcus
Gate
Bybit
Binance
Bitget
Nado
OKX
QFEX
SunX
Extended
AsterParadex154.31+0.096%
GMX154.31+0.101%RISEx154.32+0.103%Polymarket Perps154.33+0.110%Phemex154.33+0.110%Ondo Perps154.34+0.117%SoDEX154.36+0.130%Deribit154.38+0.143%Aevo154.38+0.144%Bullet154.39+0.149%Vest154.43+0.175%Orderly154.43+0.175%BloFin154.45+0.188%ApeX Omni154.53+0.240%HTX154.54+0.246%Aftermath Perps154.55+0.255%StandX154.57+0.266%edgeX154.62+0.296%Variational Omni154.65+0.320%Phoenix154.70+0.350%Coinbase International154.86+0.454%Injective157.25+2.004%
GMX
RISEx
Polymarket Perps
Phemex
Ondo Perps
SoDEX
Deribit
Aevo
Bullet
Vest
Orderly
BloFin
ApeX Omni
HTX
StandX
Variational Omni
Phoenix
Coinbase International
InjectiveSPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin SPCXUSDTM | −0.026% | +0.0100% | 8h | $13.3M | $3.7M | 20x | as long as short |
| Lighter RH SPCXlong | 0.000% | +0.0032% | 1h | $2.5M | $8.3M | 20x | |
| Pacifica SPCX | 0.000% | +0.0100% | 1h | $180K | $131K | 10x | as long as short |
| tradeXYZ xyz:SPCX | +0.006% | +0.0050% | 1h | $134.4M | $85.7M | 20x | as long as short |
| Lighter SPCX | +0.006% | +0.0032% | 1h | $1.7M | $7.0M | 20x | as long as short |
| Arcus SPCX-USD | +0.026% | +0.0040% | 1h | $113K | $262K | 5x | as long as short |
| Gate SPCX_USDT | +0.026% | 0.0000% | 8h | $98.0M | $26.7M | 100x | as long as short |
| Bybit SPCXUSDT | +0.039% | 0.0000% | 8h | $30.8M | $36.6M | 100x | as long as short |
| Binance SPCXUSDT | +0.040% | 0.0000% | 8h | $245.1M | $1.17B | 75x | as long as short |
| Bitget SPCXUSDT | +0.045% | +0.0089% | 8h | $29.4M | $56.6M | 75x | as long as short |