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

SPX

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: ApeX Omni against Aster+1.113%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$657as in the Price arb table
costs, in and out, $10k−$7677.672% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.001%$0 on $10k
Price spread, last 3 days (all we have)−0.556%−$56 · spread now +1.113%, 7d avg +0.016%
Together, before fees−0.555%+ Points / potential airdropAster: Stage 5 · farm board−$56 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: ApeX Omni is 1.097% dearer against Aster than usual: you sell high and buy low, +$110 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPXUSDT0.49720.0100pay 0.0050% / 4h1h 17m$125K$107K10x
ShortApeX Omni SPXUSDT0.50270.0100get 0.0013% / 1h17m 12s$45K$248K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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: +1.113% → +0.016%
$109.73
Slippage, 4 orders
−$749.17
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$657.44
Costs to cover
7.672%
Break-even
never at this rate
Slippage from Aster: live order book, 64 min ago; ApeX Omni: live order book, 64 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 Aster live order book, 64 min ago15.86 bp711.2 bp −$711doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 64 min ago6.94 bp14.6 bp −$1598.8 bp −$988doesn'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
Kraken Futures PF_SPXUSD−0.1263%1h0.4962−0.193%$231K$554K20xas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979+0.148%$9$4K5.5xas long as short
Variational Omni SPX+0.0053%4h0.5034+1.251%$848K$1.3Mas long as short
Lighter SPX+0.0096%1h0.4968−0.066%$114K$319K5xas long as short
Hyperliquid SPX+0.0100%1h0.4965−0.138%$9.6M$7.5M5xas long as short
Aster SPXUSDTlong+0.0100%4h0.4972long leg$125K$107K10x
Binance SPXUSDT+0.0100%4h0.4969−0.054%$4.9M$20.5M75xas long as short
Bybit SPXUSDT+0.0100%4h0.4961−0.215%$11.6M$15.7M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.4963−0.174%$979K$2.7M20xas long as short
Gate SPX_USDT+0.0100%4h0.4966−0.114%$1.0M$488K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SPX_USDT+0.0100%4h0.4966−0.114%$11.2M$4.6M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.4965−0.134%$3.7M$5.2M50xas long as short
Bitget SPXUSDT+0.0100%4h0.4970−0.034%$2.6M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.4967−0.094%$6.9Mas long as short
ApeX Omni SPXUSDTshort+0.0100%1h0.5027+1.113%$45K$248K25x
Orderly PERP_SPX_USDC+0.0100%4h0.4972+0.007%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.4956−0.315%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.4960−0.234%$34K$228K10xas long as short
BloFin SPX-USDT+0.0340%4h0.4959−0.255%$254K$937K75xas long as short