Spread before costs (cost unknown: a leg has no order-book sample)−0.044%
7d average—if it closes, per $10,000$4funding while held, a day−$0.02
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex SPCX-USD-PERP | 155.42 | 0.0051 | pay 0.0051% / 8h | 7h 38m | $103 | — | 5x |
| Short | Polymarket Perps SPCX-USD | 155.35 | 0.0050 | get 0.0006% / 1h | 38m 46s | $498K | $1.1M | 10x |
Paradex SPCX-USD-PERP
Polymarket Perps SPCX-USDPrice 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
- −$4.41
- Funding while held
- −$0.02
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$16.43
- Spread needed to break even
- 0.120%
Slippage unknown: Paradex: no order-book sample; Polymarket Perps: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0001%
- Per $10,000 a day
- −$0.02
- 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 Polymarket Perps live order book, 1 min ago | 1.29 bp | 5.3 bp −$5 | 6.1 bp −$61 | 10.1 bp −$1,010 | 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.Lighter RH155.19cheapestLighter155.21+0.013%KuCoin155.24+0.032%tradeXYZ155.26+0.045%Phemex155.27+0.052%Arcus155.29+0.064%Gate155.29+0.064%OKX155.30+0.071%Extended155.30+0.073%Bybit155.31+0.077%Ondo Perps155.31+0.077%Binance155.33+0.090%Aftermath Perps155.34+0.094%Pacifica155.34+0.097%Bitget155.34+0.097%
Lighter RH
Lighter
KuCoin
tradeXYZ
Phemex
Arcus
Gate
OKX
Extended
Bybit
Ondo Perps
Binance
Pacifica
BitgetPolymarket Perps155.35+0.103%
SoDEX155.35+0.103%Nado155.35+0.104%GMX155.35+0.106%Aster155.36+0.109%Phoenix155.37+0.116%Deribit155.39+0.129%Aevo155.39+0.132%QFEX155.40+0.135%Variational Omni155.40+0.137%Vest155.41+0.142%
SoDEX
Nado
GMX
Aster
Phoenix
Deribit
Aevo
QFEX
Variational Omni
VestParadex155.42+0.147%
ApeX Omni155.42+0.148%StandX155.42+0.148%Bullet155.42+0.148%SunX155.43+0.155%HTX155.43+0.155%BloFin155.43+0.155%edgeX155.43+0.155%RISEx155.44+0.161%Orderly155.44+0.161%Coinbase International155.48+0.187%Injective157.25+1.327%
ApeX Omni
StandX
Bullet
SunX
HTX
BloFin
RISEx
Orderly
Coinbase International
InjectiveSPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter RH SPCX | −0.147% | +0.0032% | 1h | $2.5M | $8.2M | 20x | as long as short |
| Lighter SPCX | −0.134% | +0.0032% | 1h | $1.7M | $7.0M | 20x | as long as short |
| KuCoin SPCXUSDTM | −0.115% | +0.0100% | 8h | $13.4M | $3.6M | 20x | as long as short |
| tradeXYZ xyz:SPCX | −0.102% | +0.0050% | 1h | $135.6M | $84.3M | 20x | as long as short |
| Phemex SPCXUSDT | −0.096% | −0.0033% | 8h | $544K | $315K | 50x | as long as short |
| Arcus SPCX-USD | −0.083% | +0.0040% | 1h | $114K | $262K | 5x | as long as short |
| Gate SPCX_USDT | −0.083% | 0.0000% | 8h | $98.2M | $25.2M | 100x | as long as short |
| OKX SPCX-USDT-SWAP | −0.076% | 0.0000% | 8h | $48.4M | $132.8M | 75x | as long as short |
| Extended SPCX-USD | −0.074% | 0.0000% | 1h | $713K | $3.5M | 10x | as long as short |
| Bybit SPCXUSDT | −0.070% | 0.0000% | 8h | $31.3M | $35.7M | 100x | as long as short |