I'm sure it varies by region.
I use CAISO and OASIS, because its publicly available data. Furthermore, I focus on the AFPR_1__TOT_GEN-APND node (wherever it is), because its #1 on the list and therefore easiest to lookup. (I'm assuming the nodes are in alphabetical order)
http://oasis.caiso.com/mrioasis/logon.do
California is a focus because their website is easier to use. I don't live anywhere near there, so I can't say much about practical knowledge of the region. Still though, having this data open and free means I can use it as an easy point of discussion.
For that node, I can absolutely say that in the Summer Months (Say July 13th), HE09 (9am) was $51 and 12noon was $57... while HE20 (8pm) was $320. An increase of 600%. HE19 and HE21 are still $170, showing that 300% swings day-to-day are quite common and typical.
The 300% swings of LMP / locational marginal price is quite common on this node in the summer, even after we remove the extremity of HE20 (600% swing for one hour).
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A hypothetical energy solution that's 50% efficient is still worthwhile in the face of 300% price swings. In fact, a 300% price swing means that even 33% efficiency solutions are economically feasible.
People are underestimating the price swings of the energy market here whenever they talk about energy efficiency. We don't actually need much efficiency, we just need any storage, even the crappiest of storage, and we'll benefit. And we need a _LOT_ of that said storage.
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I realize that my methodology probably is full of holes. But that's where I came up with the 300% claim. Feel free to come up with a better methodology and/or improvements (I think if you told me which nodes are most representative, it'd be a big help for example).