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

SPX

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.018%
Price spread now: KuCoin against Aster+0.151%7-day average −0.066% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$815as in the Price arb table
costs, in and out, $10k−$8368.362% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.019%−$2 on $10k
Price spread, last 4 days (all we have)−0.263%−$26 · spread now +0.151%, 7d avg −0.066%
Together, before fees−0.282%+ Points / potential airdropAster: Stage 5 · farm board−$28 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: KuCoin is 0.217% dearer against Aster than usual: you sell high and buy low, +$22 on $10k if it goes back to its 7-day average of −0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPXUSDT0.50710.0100pay 0.0050% / 4h3h 16m$128K$110K10x
ShortKuCoin SPXUSDTM0.50790.0100get 0.0050% / 4h3h 16m$3.7M$5.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.151% → −0.066%
$21.69
Slippage, 4 orders
−$816.25
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$814.55
Costs to cover
8.362%
Break-even
never at this rate
Slippage from Aster: live order book, 55 min ago; KuCoin: live order book, 2 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, 55 min ago14.83 bp673.8 bp −$674doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago2.96 bp51.1 bp −$51301.1 bp −$3,011doesn'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+0.0018%4h0.5068−0.071%$847K$1.3Mas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−1.821%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5091+0.386%$117K$323K5xas long as short
Hyperliquid SPX+0.0100%1h0.5093+0.427%$10.0M$7.8M5xas long as short
Aster SPXUSDTlong+0.0100%4h0.5071long leg$128K$110K10x
Binance SPXUSDT+0.0100%4h0.5089+0.348%$5.1M$21.3M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5087+0.309%$11.6M$16.1M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5087+0.309%$963K$2.8M20xas long as short
Gate SPX_USDT+0.0100%4h0.5082+0.210%$1.1M$518K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5085+0.270%$11.2M$4.8M100xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SPXUSDTMshort+0.0100%4h0.5079+0.151%$3.7M$5.4M50x
Bitget SPXUSDT+0.0100%4h0.5084+0.250%$2.7M$1.5M50xas long as short
BingX SPX-USDT+0.0100%4h0.5091+0.388%$6.9Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5072+0.013%$46K$247K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5085+0.270%$20K$59910xas long as short
SunX SPX-USDT+0.0100%4h0.5064−0.145%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.5089+0.346%$36K$265K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5069−0.046%$253K$1.1M75xas long as short
Kraken Futures PF_SPXUSD+0.0960%1h0.5101+0.576%$247K$553K20xas long as short