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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Aster−0.174%7-day average −0.156% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$819as in the Price arb table
costs, in and out, $10k−$8178.172% 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 4 days (all we have)+0.044%+$4 · spread now −0.174%, 7d avg −0.156%
Together, before fees+0.043%+ Points / potential airdropAster: Stage 5 · farm board+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPXUSDT0.49720.0100pay 0.0050% / 4h1h 17m$125K$107K10x
ShortOKX SPX-USDT-SWAP0.49630.0100get 0.0050% / 4h1h 17m$979K$2.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.174% → −0.156%
−$1.79
Slippage, 4 orders
−$799.17
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$818.96
Costs to cover
8.172%
Break-even
never at this rate
Slippage from Aster: live order book, 64 min ago; OKX: live order book, 5 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 OKX live order book, 5 min ago3.96 bp40.9 bp −$41doesn'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
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-SWAPshort+0.0100%4h0.4963−0.174%$979K$2.7M20x
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 SPXUSDT+0.0100%1h0.5027+1.113%$45K$248K25xas long as short
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