Spread before costs (cost unknown: a leg has no order-book sample)−0.001%
7d average—if it closes, per $10,000$0funding while held, a day−$0.58
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex SPCX-USD-PERP | 157.44 | 0.0051 | pay 0.0051% / 8h | 1h 24m | $104 | — | 5x |
| Short | Lighter SPCX | 157.44 | 0.0032 | get 0.0004% / 1h | 24m 08s | $1.9M | $6.0M | 20x |
Paradex SPCX-USD-PERP
Lighter 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
- −$0.06
- Funding while held
- −$0.58
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$4.63
- Spread needed to break even
- 0.040%
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0019%
- Per $10,000 a day
- −$0.58
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 0.32 bp | 0.3 bp $0 | 3.8 bp −$38 | 34.3 bp −$3,432 | doesn't fit |
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.Injective153.15cheapestOndo Perps157.34+2.736%Pacifica157.35+2.742%tradeXYZ157.44+2.801%
Injective
Ondo Perps
Pacifica
tradeXYZLighter157.44+2.801%
Lighter RH157.44+2.801%
Lighter RHParadex157.44+2.802%
HTX157.45+2.808%Arcus157.46+2.814%KuCoin157.47+2.821%Gate157.48+2.827%Polymarket Perps157.48+2.827%Phemex157.49+2.834%Nado157.49+2.836%GMX157.50+2.837%SoDEX157.50+2.840%Aftermath Perps157.51+2.848%Vest157.52+2.853%QFEX157.54+2.866%RISEx157.54+2.867%Bybit157.55+2.873%Deribit157.55+2.873%Aster157.55+2.874%OKX157.57+2.886%SunX157.57+2.886%Binance157.58+2.893%StandX157.58+2.893%Extended157.58+2.894%Bitget157.59+2.899%Aevo157.59+2.899%Orderly157.61+2.912%Bullet157.61+2.914%BloFin157.69+2.964%Phoenix157.75+3.004%Variational Omni157.84+3.060%ApeX Omni157.95+3.134%edgeX158.04+3.191%Coinbase International158.08+3.219%
HTX
Arcus
KuCoin
Gate
Polymarket Perps
Phemex
Nado
GMX
SoDEX
Vest
QFEX
RISEx
Bybit
Deribit
Aster
OKX
SunX
Binance
StandX
Extended
Bitget
Aevo
Orderly
Bullet
BloFin
Phoenix
Variational Omni
ApeX Omni
Coinbase InternationalSPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective SPCX/USDC PERP | −2.725% | +0.0033% | 1h | $8K | $4K | 5.5x | as long as short |
| Ondo Perps SPCX-USD.P | −0.064% | +0.0050% | 1h | $3.0M | $2.0M | 10x | as long as short |
| Pacifica SPCX | −0.058% | +0.0100% | 1h | $170K | $126K | 10x | as long as short |
| tradeXYZ xyz:SPCX | −0.001% | −0.0001% | 1h | $156.0M | $53.2M | 20x | as long as short |
| Lighter SPCXshort | −0.001% | +0.0032% | 1h | $1.9M | $6.0M | 20x | |
| Lighter RH SPCX | −0.001% | +0.0032% | 1h | $2.5M | $7.8M | 20x | as long as short |
| Paradex SPCX-USD-PERPlong | 0.000% | +0.0051% | 8h | $104 | — | 5x | |
| HTX SPCX-USDT | +0.006% | 0.0000% | 8h | $1.3M | $1.4M | 75x | as long as short |
| Arcus SPCX-USD | +0.012% | +0.0040% | 1h | $116K | $262K | 5x | as long as short |
| KuCoin SPCXUSDTM | +0.018% | +0.0100% | 8h | $13.6M | $3.1M | 20x | as long as short |