After costs, if the gap returns to its 7d average, $10k−$15
spread now+0.104%7d average+0.010%fees + slippage, in and out−$25spread needed0.245%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SPCX-USDT-SWAP | 153.39 | 0 | get 0.0000% / 8h | 5h 50m | $40.4M | $153.1M | 75x |
| Short | Phoenix SPCX | 153.55 | 0.0209 | get 0.0026% / 1h | 50m 44s | $372K | $181K | 15x |
OKX SPCX-USDT-SWAP
Phoenix SPCXPrice 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
- $10.43
- Funding while held
- $6.26
- Slippage, 4 orders
- −$7.52
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$7.82
- Spread needed to break even
- 0.245%
Slippage from OKX: live order book, 5 min ago; Phoenix: live order book, 47 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0209%
- Per $10,000 a day
- +$6.26
- 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 OKX live order book, 5 min ago | 0.33 bp | 5.6 bp −$6 | 6.7 bp −$67 | 12.6 bp −$1,258 | doesn't fit |
| Sell Phoenix live order book, 47 min ago | 0.32 bp | 6.9 bp −$7 | 18.7 bp −$187 | doesn't fit | doesn't fit |
SPCX price on every exchange
against the cheapest. Click to use as the short leg.Lighter RH153.30cheapesttradeXYZ153.32+0.013%Lighter153.33+0.020%Gate153.34+0.026%KuCoin153.35+0.033%Bitget153.37+0.046%Coinbase International153.37+0.046%Binance153.37+0.047%Bybit153.38+0.052%
Lighter RH
tradeXYZ
Lighter
Gate
KuCoin
Bitget
Coinbase International
Binance
BybitOKX153.39+0.059%
Ondo Perps153.40+0.065%Extended153.41+0.072%Variational Omni153.41+0.075%Phemex153.43+0.085%Aster153.45+0.098%SoDEX153.45+0.098%GMX153.47+0.108%BloFin153.47+0.111%Aftermath Perps153.48+0.117%Deribit153.48+0.117%SunX153.49+0.124%Nado153.50+0.130%HTX153.50+0.130%Pacifica153.51+0.137%Polymarket Perps153.52+0.144%Aevo153.53+0.151%Bullet153.53+0.153%edgeX153.55+0.162%Vest153.55+0.163%
Ondo Perps
Extended
Variational Omni
Phemex
Aster
SoDEX
GMX
BloFin
Deribit
SunX
Nado
HTX
Pacifica
Polymarket Perps
Aevo
Bullet
VestPhoenix153.55+0.163%
Orderly153.57+0.176%Paradex153.58+0.182%Arcus153.59+0.189%StandX153.59+0.189%ApeX Omni153.63+0.215%QFEX153.65+0.228%RISEx153.66+0.238%Injective157.25+2.577%
Orderly
Paradex
Arcus
StandX
ApeX Omni
QFEX
RISEx
InjectiveSPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH SPCX | −0.059% | +0.0032% | 1h | $2.5M | $7.4M | 20x | as long as short |
| tradeXYZ xyz:SPCX | −0.046% | +0.0051% | 1h | $134.7M | $91.2M | 20x | as long as short |
| Lighter SPCX | −0.039% | +0.0032% | 1h | $1.6M | $6.8M | 20x | as long as short |
| Gate SPCX_USDT | −0.033% | 0.0000% | 8h | $97.1M | $27.9M | 100x | as long as short |
| KuCoin SPCXUSDTM | −0.026% | +0.0100% | 8h | $13.1M | $4.1M | 20x | as long as short |
| Bitget SPCXUSDT | −0.013% | +0.0176% | 8h | $28.7M | $59.9M | 75x | as long as short |
| Coinbase International SPCX-PERP-INTX | −0.013% | +0.0184% | 1h | $611K | $776K | 10x | as long as short |
| Binance SPCXUSDT | −0.012% | 0.0000% | 8h | $245.7M | $1.23B | 75x | as long as short |
| Bybit SPCXUSDT | −0.007% | 0.0000% | 8h | $30.2M | $38.2M | 100x | as long as short |
| OKX SPCX-USDT-SWAPlong | 0.000% | 0.0000% | 8h | $40.4M | $153.1M | 75x |