Spread before costs (cost unknown: a leg has no order-book sample)−0.293%
7d average—if it closes, per $10,000$29funding while held, a day−$4.61
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix SPCX | 153.39 | 0.0209 | pay 0.0026% / 1h | 46m 19s | $373K | $181K | 15x |
| Short | Paradex SPCX-USD-PERP | 152.94 | 0.0055 | get 0.0055% / 8h | 5h 46m | $101 | — | 5x |
Phoenix 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
- −$29.33
- Funding while held
- −$4.61
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$44.93
- Spread needed to break even
- 0.110%
Slippage unknown: Phoenix: live order book, 52 min ago; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0154%
- Per $10,000 a day
- −$4.61
- 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 Phoenix live order book, 52 min ago | 0.32 bp | 6.7 bp −$7 | 22.1 bp −$221 | doesn't fit | 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.Pacifica152.81cheapestKuCoin152.81cheapestNado152.81+0.003%Lighter RH152.83+0.013%Arcus152.85+0.026%Lighter152.87+0.039%GMX152.88+0.043%tradeXYZ152.89+0.052%Gate152.90+0.059%Polymarket Perps152.90+0.059%Aster152.91+0.065%Bybit152.93+0.079%QFEX152.93+0.079%SoDEX152.93+0.079%
Pacifica
KuCoin
Nado
Lighter RH
Arcus
Lighter
GMX
tradeXYZ
Gate
Polymarket Perps
Aster
Bybit
QFEX
SoDEXParadex152.94+0.085%
Binance152.94+0.087%Aevo152.94+0.087%Extended152.95+0.089%Bullet152.95+0.092%Deribit152.95+0.092%OKX152.96+0.098%RISEx152.96+0.098%Bitget152.96+0.098%BloFin152.96+0.098%Vest152.97+0.105%Orderly152.98+0.111%Phemex152.98+0.111%Ondo Perps153.01+0.131%Aftermath Perps153.19+0.250%HTX153.22+0.268%ApeX Omni153.26+0.294%Coinbase International153.37+0.366%StandX153.39+0.380%
Binance
Aevo
Extended
Bullet
Deribit
OKX
RISEx
Bitget
BloFin
Vest
Orderly
Phemex
Ondo Perps
HTX
ApeX Omni
Coinbase International
StandXPhoenix153.39+0.380%
SunX153.39+0.380%edgeX153.40+0.383%Variational Omni153.52+0.464%Injective157.25+2.906%
SunX
Variational Omni
InjectiveSPCX on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Pacifica SPCX | −0.378% | +0.0100% | 1h | $177K | $131K | 10x | as long as short |
| KuCoin SPCXUSDTM | −0.378% | +0.0100% | 8h | $13.0M | $4.1M | 20x | as long as short |
| Nado SPCX-PERP | −0.376% | +0.0287% | 1h | $690K | $800K | 20x | as long as short |
| Lighter RH SPCX | −0.365% | +0.0032% | 1h | $2.5M | $7.4M | 20x | as long as short |
| Arcus SPCX-USD | −0.352% | +0.0323% | 1h | $106K | $272K | 5x | as long as short |
| Lighter SPCX | −0.339% | +0.0032% | 1h | $1.6M | $6.9M | 20x | as long as short |
| GMX SPCX/USD [ETH-USDC] | −0.336% | L −0.0207% / S +0.0415% | 1h | $88K | — | 20x | as long as short |
| tradeXYZ xyz:SPCX | −0.326% | +0.0058% | 1h | $134.0M | $91.5M | 20x | as long as short |
| Gate SPCX_USDT | −0.319% | 0.0000% | 8h | $96.7M | $28.0M | 100x | as long as short |
| Polymarket Perps SPCX-USD | −0.319% | +0.0050% | 1h | $492K | $1.1M | 10x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster SPCXUSD1 | −0.313% | 0.0000% | 8h | $17.9M | $19.2M | 20x | as long as short |
| Bybit SPCXUSDT | −0.300% | +0.0005% | 8h | $30.1M | $38.3M | 100x | as long as short |
| QFEX SPCX-USD | −0.300% | +0.0060% | 1h | $1.2M | $6.4M | 10x | as long as short |
| SoDEX SPCX-USD | −0.300% | +0.0050% | 1h | $1.7M | $79K | 20x | as long as short |
| Paradex SPCX-USD-PERPshort | −0.293% | +0.0055% | 8h | $101 | — | 5x | |
| Binance SPCXUSDT | −0.291% | 0.0000% | 8h | $246.2M | $1.24B | 75x | as long as short |
| Aevo SPCX-PERP | −0.291% | +0.0104% | 1h | $89 | — | 10x | as long as short |
| Extended SPCX-USD | −0.290% | 0.0000% | 1h | $701K | $3.5M | 10x | as long as short |
| Bullet SPCX-USD | −0.287% | +0.0133% | 1h | $11K | $189K | 10x | as long as short |
| Deribit SPCX_USDC-PERPETUAL | −0.287% | +0.0273% | 1h | $67K | $910K | 10x | as long as short |
| OKX SPCX-USDT-SWAP | −0.280% | 0.0000% | 8h | $40.0M | $153.6M | 75x | as long as short |
| RISEx SPCX/USDC | −0.280% | +0.0219% | 1h | $326K | $488K | 20x | as long as short |
| Bitget SPCXUSDT | −0.280% | +0.0181% | 8h | $28.8M | $60.2M | 75x | as long as short |
| BloFin SPCX-USDT | −0.280% | −0.0120% | 8h | $2.0M | $1.2M | 75x | as long as short |
| Vest SPCX-USD-PERP | −0.274% | +0.0046% | 1h | — | $868K | 10x | as long as short |
| Orderly PERP_SPCX_USDC_mythos | −0.267% | +0.0100% | 8h | $15K | $7K | 10x | as long as short |
| Phemex SPCXUSDT | −0.267% | +0.0050% | 8h | $538K | $345K | 50x | as long as short |
| Ondo Perps SPCX-USD.P | −0.248% | +0.0050% | 1h | $3.0M | $2.3M | 10x | as long as short |
| Aftermath Perps SPCXUSD | −0.130% | +0.0096% | 1h | $8K | $10K | 10x | as long as short |
| HTX SPCX-USDT | −0.111% | 0.0000% | 8h | $1.3M | $1.4M | 75x | as long as short |
| ApeX Omni SPCXUSDT | −0.085% | +0.0100% | 1h | $59K | $270K | 50x | as long as short |
| Coinbase International SPCX-PERP-INTX | −0.013% | +0.0184% | 1h | $611K | $776K | 10x | as long as short |
| StandX SPCX-USD | 0.000% | 0.0000% | 1h | $303K | $2.8M | 20x | as long as short |
| Phoenix SPCXlong | 0.000% | +0.0209% | 1h | $373K | $181K | 15x | |
| SunX SPCX-USDT | 0.000% | 0.0000% | 8h | $8K | $997K | 10x | as long as short |
| edgeX SPCXUSDC | +0.004% | −0.0734% | 4h | $1.7M | $895K | 20x | as long as short |
| Variational Omni SPCX | +0.084% | 0.0000% | 8h | $6.2M | $4.4M | — | as long as short |
| Injective SPCX/USDC PERP | +2.516% | +0.0033% | 1h | $9K | $27K | 5.5x | as long as short |