SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.26 per $10,000 · paid last 24h 0.000%

Price spread now: BingX against Aster−0.135%7-day average −0.073% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$739as in the Price arb table

costs, in and out, $10k−$7337.328% of the position

Long on Aster Short on BingX

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 4 days (all we have)+0.245%+$25 · spread now −0.135%, 7d avg −0.073%

Together, before fees+0.245%+ Points / potential airdropAster: Stage 5 · farm board+$24 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.061% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.073%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SPXUSDT	0.5088	0.0151	pay 0.0076% / 4h	1h 20m	$129K	$111K	10x
Short	BingX SPX-USDT	0.5081	0.0100	get 0.0050% / 4h	1h 20m	—	$6.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee AsterbpFee BingXbpOrdersPrice spread, now −0.135%Rate

Funding earned: −$10.81
Price spread: −0.135% → −0.073%: −$6.15
Slippage, 4 orders: −$714.8
Fee Aster: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$749.76
Costs to cover: 7.328%
Break-even: never at this rate

Slippage from Aster: live order book, 40 min ago; BingX: live order book, 7 min ago.

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 Aster live order book, 40 min ago	15.55 bp	649.6 bp −$650	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 7 min ago	6.95 bp	21.3 bp −$21	41.4 bp −$414	214.1 bp −$21.4K	1147.2 bp −$573.6K

SPX on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPX/USDC PERP	+0.0033%	1h	0.4979	−2.139%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5086	−0.030%	$136K	$359K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5079	−0.166%	$10.2M	$7.4M	5x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5080	−0.158%	$5.1M	$21.1M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5079	−0.174%	$11.5M	$16.1M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5076	−0.233%	$948K	$2.9M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5081	−0.135%	$1.0M	$558K	50x	as long as short
MEXC SPX_USDT	+0.0100%	4h	0.5081	−0.135%	$12.0M	$4.8M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5083	−0.095%	$3.7M	$5.3M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5080	−0.154%	$2.6M	$1.4M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SPX-USDTshort	+0.0100%	4h	0.5081	−0.135%	—	$6.9M	—
Variational Omni SPX	+0.0100%	4h	0.5071	−0.340%	$885K	$1.4M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5059	−0.567%	$25K	$253K	25x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5070	−0.351%	$8K	$1.6M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5078	−0.199%	$33K	$250K	10x	as long as short
Orderly PERP_SPX_USDC	+0.0144%	4h	0.5089	+0.023%	$20K	$599	10x	as long as short
Aster SPXUSDTlong	+0.0151%	4h	0.5088	long leg	$129K	$111K	10x
BloFin SPX-USDT	+0.0340%	4h	0.5085	−0.056%	$254K	$1.0M	75x	as long as short
Kraken Futures PF_SPXUSD	+0.1418%	1h	0.5089	+0.014%	$252K	$544K	20x	as long as short