Spread before costs (cost unknown: a leg has no order-book sample)−0.155%
7d average—if it closes, per $10,000$15funding while held, a day+$7.21
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex SPCX-USD-PERP | 152.29 | 0.0063 | pay 0.0063% / 8h | 5h 21m | $101 | — | 5x |
| Short | Nado SPCX-PERP | 152.06 | 0.0303 | get 0.0038% / 1h | 21m 46s | $685K | $809K | 20x |
Paradex SPCX-USD-PERP
Nado SPCX-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
- −$15.5
- Funding while held
- $7.21
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$19.28
- Spread needed to break even
- 0.110%
Slippage unknown: Paradex: no order-book sample; Nado: live order book, 13 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0240%
- Per $10,000 a day
- +$7.21
- 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 Nado live order book, 13 min ago | 0.33 bp | 8.1 bp −$8 | 19.0 bp −$190 | doesn't fit | 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.Nado152.06cheapest
Ondo Perps152.08+0.016%Phoenix152.09+0.023%ApeX Omni152.10+0.029%edgeX152.11+0.039%StandX152.14+0.056%Coinbase International152.16+0.069%Pacifica152.18+0.082%KuCoin152.18+0.082%Aftermath Perps152.18+0.083%BloFin152.21+0.102%Lighter RH152.22+0.108%Variational Omni152.22+0.110%tradeXYZ152.23+0.115%Gate152.24+0.121%Polymarket Perps152.24+0.121%GMX152.25+0.125%Lighter152.25+0.128%Arcus152.25+0.128%Vest152.26+0.135%HTX152.28+0.148%Extended152.29+0.152%Binance152.29+0.154%Bybit152.29+0.154%OKX152.29+0.154%QFEX152.29+0.154%SoDEX152.29+0.154%Phemex152.29+0.154%
Ondo Perps
Phoenix
ApeX Omni
StandX
Coinbase International
Pacifica
KuCoin
BloFin
Lighter RH
Variational Omni
tradeXYZ
Gate
Polymarket Perps
GMX
Lighter
Arcus
Vest
HTX
Extended
Binance
Bybit
OKX
QFEX
SoDEX
PhemexParadex152.29+0.155%
Bitget152.30+0.161%RISEx152.31+0.170%Aster152.32+0.174%Deribit152.32+0.174%Bullet152.33+0.181%Aevo152.36+0.200%Orderly152.40+0.227%SunX152.56+0.332%Injective157.25+3.416%
Bitget
RISEx
Aster
Deribit
Bullet
Aevo
Orderly
SunX
InjectiveSPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado SPCX-PERPshort | −0.155% | +0.0303% | 1h | $685K | $809K | 20x | |
| Ondo Perps SPCX-USD.P | −0.139% | +0.0050% | 1h | $3.0M | $2.4M | 10x | as long as short |
| Phoenix SPCX | −0.132% | +0.0209% | 1h | $369K | $181K | 15x | as long as short |
| ApeX Omni SPCXUSDT | −0.126% | +0.0100% | 1h | $58K | $270K | 50x | as long as short |
| edgeX SPCXUSDC | −0.116% | −0.0975% | 4h | $1.7M | $894K | 20x | as long as short |
| StandX SPCX-USD | −0.099% | 0.0000% | 1h | $301K | $2.8M | 20x | as long as short |
| Coinbase International SPCX-PERP-INTX | −0.086% | +0.0184% | 1h | $609K | $770K | 10x | as long as short |
| Pacifica SPCX | −0.073% | +0.0100% | 1h | $176K | $131K | 10x | as long as short |
| KuCoin SPCXUSDTM | −0.073% | +0.0100% | 8h | $12.9M | $4.3M | 20x | as long as short |
| Aftermath Perps SPCXUSD | −0.072% | +0.0102% | 1h | $7K | $10K | 10x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin SPCX-USDT | −0.053% | −0.0114% | 8h | $1.9M | $1.2M | 75x | as long as short |
| Lighter RH SPCX | −0.047% | +0.0032% | 1h | $2.4M | $7.5M | 20x | as long as short |
| Variational Omni SPCX | −0.046% | 0.0000% | 8h | $6.1M | $4.3M | — | as long as short |
| tradeXYZ xyz:SPCX | −0.040% | +0.0050% | 1h | $131.2M | $95.3M | 20x | as long as short |
| Gate SPCX_USDT | −0.034% | 0.0000% | 8h | $96.6M | $28.8M | 100x | as long as short |
| Polymarket Perps SPCX-USD | −0.034% | +0.0050% | 1h | $490K | $1.1M | 10x | as long as short |
| GMX SPCX/USD [ETH-USDC] | −0.030% | L −0.0207% / S +0.0415% | 1h | $88K | — | 20x | as long as short |
| Lighter SPCX | −0.027% | +0.0032% | 1h | $1.6M | $7.0M | 20x | as long as short |
| Arcus SPCX-USD | −0.027% | +0.0323% | 1h | $105K | $272K | 5x | as long as short |
| Vest SPCX-USD-PERP | −0.021% | +0.0046% | 1h | — | $883K | 10x | as long as short |
| HTX SPCX-USDT | −0.007% | 0.0000% | 8h | $1.3M | $1.4M | 75x | as long as short |
| Extended SPCX-USD | −0.003% | +0.0008% | 1h | $698K | $3.5M | 10x | as long as short |
| Binance SPCXUSDT | −0.001% | +0.0008% | 8h | $251.4M | $1.28B | 75x | as long as short |
| Bybit SPCXUSDT | −0.001% | +0.0029% | 8h | $30.0M | $38.9M | 100x | as long as short |
| OKX SPCX-USDT-SWAP | −0.001% | 0.0000% | 8h | $39.4M | $155.9M | 75x | as long as short |
| QFEX SPCX-USD | −0.001% | +0.0060% | 1h | $1.2M | $6.8M | 10x | as long as short |
| SoDEX SPCX-USD | −0.001% | +0.0050% | 1h | $1.7M | $79K | 20x | as long as short |
| Phemex SPCXUSDT | −0.001% | +0.0050% | 8h | $541K | $353K | 50x | as long as short |
| Paradex SPCX-USD-PERPlong | 0.000% | +0.0063% | 8h | $101 | — | 5x | |
| Bitget SPCXUSDT | +0.006% | +0.0211% | 8h | $29.0M | $61.6M | 75x | as long as short |
| RISEx SPCX/USDC | +0.015% | +0.0219% | 1h | $329K | $501K | 20x | as long as short |
| Aster SPCXUSD1 | +0.019% | 0.0000% | 8h | $17.9M | $19.4M | 20x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | +0.019% | +0.0341% | 1h | $67K | $932K | 10x | as long as short |
| Bullet SPCX-USD | +0.025% | +0.0161% | 1h | $11K | $189K | 10x | as long as short |
| Aevo SPCX-PERP | +0.044% | +0.0104% | 1h | $88 | — | 10x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | +0.071% | +0.0100% | 8h | $14K | $7K | 10x | as long as short |
| SunX SPCX-USDT | +0.176% | 0.0000% | 8h | $8K | $997K | 10x | as long as short |
| Injective SPCX/USDC PERP | +3.256% | +0.0033% | 1h | $9K | $27K | 5.5x | as long as short |