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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0240%/8h= +26.3% APRnext payment +$1.20 per $10,000 · paid last 24h +0.072%
Price spread now: BloFin against Aster+0.089%7-day average +0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.344%+$34 on $10k
Price spread, last 3 days (all we have)−0.267%−$27 · spread now +0.089%, 7d avg +0.002%
Together, before fees+0.077%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.087% dearer against Aster than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPXUSDT0.50480.0100pay 0.0050% / 4h33m 10s$129K$110K10x
ShortBloFin SPX-USDT0.50530.0340get 0.0170% / 4h33m 10s$247K$984K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$50.4
Price spread: +0.089% → +0.002%
$8.68
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
$39.08
Costs to cover
0.200%
Break-even
1.6 days
Slippage unknown: Aster: live order book, 43 min ago; BloFin: live order book, 44 min ago. Net counts fees only.

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, 43 min ago15.06 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 44 min ago5.03 bp20.8 bp −$2141.1 bp −$411145.2 bp −$14.5Kdoesn'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−0.1177%1h0.5062+0.274%$240K$559K20xas long as short
Variational Omni SPX−0.0019%4h0.5052+0.068%$845K$1.3Mas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−1.377%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5051+0.046%$116K$319K5xas long as short
Hyperliquid SPX+0.0100%1h0.5056+0.145%$9.9M$7.7M5xas long as short
Aster SPXUSDTlong+0.0100%4h0.5048long leg$129K$110K10x
Binance SPXUSDT+0.0100%4h0.5053+0.089%$5.0M$21.0M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5041−0.148%$11.5M$16.1M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5051+0.050%$962K$2.8M20xas long as short
Gate SPX_USDT+0.0100%4h0.5046−0.049%$1.0M$500K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SPX_USDT+0.0100%4h0.5050+0.030%$11.2M$4.7M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5047−0.030%$3.7M$5.3M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5058+0.188%$2.6M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.5047−0.030%$6.9Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5049+0.010%$45K$246K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5056+0.149%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.5047−0.030%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.5054+0.101%$34K$228K10xas long as short
BloFin SPX-USDTshort+0.0340%4h0.5053+0.089%$247K$984K75x