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: MEXC against Binance0.000%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$630.634% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days+0.048%+$5 · spread now 0.000%, 7d avg −0.003%
Together, before fees+0.048%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SPXUSDT0.51000.0100pay 0.0050% / 4h1h 42m$5.2M$19.9M75x
ShortMEXC SPX_USDT0.51000.0100get 0.0050% / 4h1h 42m$11.5M$4.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: 0.000% → −0.003%
$0.34
Slippage, 4 orders
−$49.45
Fee Binance: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$63.11
Costs to cover
0.634%
Break-even
never at this rate
Slippage from Binance: live order book, 14 min ago; MEXC: live order book, 1 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, 14 min ago1.98 bp19.3 bp −$1957.3 bp −$573863.6 bp −$86.4Kdoesn't fit
Sell MEXC live order book, 1 min ago2.94 bp8.9 bp −$926.7 bp −$267177.0 bp −$17.7Kdoesn'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−0.1230%1h0.5097−0.062%$236K$552K20xas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−2.373%$9$4K5.5xas long as short
Variational Omni SPX+0.0085%4h0.5058−0.823%$881K$1.3Mas long as short
Lighter SPX+0.0096%1h0.5101+0.012%$117K$319K5xas long as short
Hyperliquid SPX+0.0100%1h0.5101+0.016%$9.9M$7.3M5xas long as short
Aster SPXUSDT+0.0100%4h0.5101+0.023%$128K$103K10xas long as short
Binance SPXUSDTlong+0.0100%4h0.5100long leg$5.2M$19.9M75x
Bybit SPXUSDT+0.0100%4h0.5091−0.176%$11.9M$15.4M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5097−0.059%$998K$2.7M20xas long as short
Gate SPX_USDT+0.0100%4h0.5097−0.059%$1.1M$476K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SPX_USDTshort+0.0100%4h0.51000.000%$11.5M$4.6M100x
KuCoin SPXUSDTM+0.0100%4h0.5097−0.059%$3.8M$5.2M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5096−0.078%$2.6M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.5096−0.078%$6.9Mas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5107+0.137%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.5079−0.412%$8K$1.6M20xas long as short
Extended SPX-USD+0.0104%1h0.5099−0.028%$35K$227K10xas long as short
ApeX Omni SPXUSDT+0.0173%1h0.5075−0.490%$46K$248K25xas long as short
BloFin SPX-USDT+0.0340%4h0.5089−0.216%$256K$940K75xas long as short