Settings8H · net · $10k
Funding arb · Price arb /

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Aster against ApeX Omni−0.215%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$753as in the Price arb table
costs, in and out, $10k−$7337.329% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.002%$0 on $10k
Price spread, last 3 days (all we have)−0.114%−$11 · spread now −0.215%, 7d avg −0.013%
Together, before fees−0.112%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.203% cheaper against ApeX Omni than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SPXUSDT0.50840.0100pay 0.0013% / 1h43m 14s$46K$246K25x
ShortAster SPXUSDT0.50730.0100get 0.0050% / 4h3h 43m$128K$110K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.215% → −0.013%
−$20.26
Slippage, 4 orders
−$714.89
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$753.15
Costs to cover
7.329%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 28 min ago; Aster: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 28 min ago6.94 bp15.0 bp −$15101.9 bp −$1,019doesn't fitdoesn't fit
Sell Aster live order book, 28 min ago14.83 bp25.7 bp −$26doesn't fitdoesn't fitdoesn't fit

SPX on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SPX+0.0033%4h0.5072−0.242%$839K$1.3Mas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−2.065%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5104+0.403%$127K$314K5xas long as short
Hyperliquid SPX+0.0100%1h0.5107+0.454%$10.0M$7.9M5xas long as short
Aster SPXUSDTshort+0.0100%4h0.5073−0.215%$128K$110K10x
Binance SPXUSDT+0.0100%4h0.5102+0.354%$5.0M$21.2M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5099+0.295%$11.6M$16.1M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5101+0.334%$969K$2.8M20xas long as short
Gate SPX_USDT+0.0100%4h0.5086+0.039%$1.1M$509K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5105+0.413%$11.2M$4.7M100xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SPXUSDTM+0.0100%4h0.5097+0.256%$3.7M$5.4M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5098+0.275%$2.7M$1.5M50xas long as short
BingX SPX-USDT+0.0100%4h0.5102+0.354%$6.9Mas long as short
ApeX Omni SPXUSDTlong+0.0100%1h0.5084long leg$46K$246K25x
Orderly PERP_SPX_USDC+0.0100%4h0.5099+0.295%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.5090+0.118%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.5102+0.362%$33K$270K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5102+0.354%$250K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.0960%1h0.5105+0.407%$248K$555K20xas long as short