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

SPX

all SPX markets
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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: Aster against Binance+0.061%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$766as in the Price arb table
costs, in and out, $10k−$7727.718% 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)−0.076%−$8 · spread now +0.061%, 7d avg +0.006%
Together, before fees−0.075%+ Points / potential airdropAster: Stage 5 · farm board−$7 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: Aster is 0.055% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SPXUSDT0.50360.0100pay 0.0050% / 4h2h 17m$5.0M$19.5M75x
ShortAster SPXUSDT0.50390.0100get 0.0050% / 4h2h 17m$124K$97K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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: +0.061% → +0.006%
$5.46
Slippage, 4 orders
−$753.78
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$766.31
Costs to cover
7.718%
Break-even
never at this rate
Slippage from Binance: live order book, 8 min ago; Aster: live order book, 3 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 Binance live order book, 8 min ago0.99 bp18.0 bp −$1853.6 bp −$536doesn't fitdoesn't fit
Sell Aster live order book, 3 min ago15.86 bp26.7 bp −$27doesn'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−0.0412%1h0.5042+0.118%$233K$560K20xas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−1.128%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5042+0.115%$116K$319K5xas long as short
Variational Omni SPX+0.0100%4h0.5039+0.058%$877K$1.3Mas long as short
Hyperliquid SPX+0.0100%1h0.5039+0.065%$9.9M$7.2M5xas long as short
Aster SPXUSDTshort+0.0100%4h0.5039+0.061%$124K$97K10x
Binance SPXUSDTlong+0.0100%4h0.5036long leg$5.0M$19.5M75x
Bybit SPXUSDT+0.0100%4h0.5032−0.076%$11.7M$15.5M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5035−0.016%$977K$2.6M20xas long as short
Gate SPX_USDT+0.0100%4h0.5036+0.004%$1.0M$477K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SPX_USDT+0.0100%4h0.5036+0.004%$11.6M$4.5M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5036+0.004%$3.8M$5.2M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5041+0.103%$2.6M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.5033−0.056%$6.9Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5043+0.143%$45K$248K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5050+0.282%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.5036+0.004%$8K$1.6M20xas long as short
Extended SPX-USD+0.0104%1h0.5035−0.008%$34K$226K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5047+0.222%$250K$916K75xas long as short