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

SPX

all SPX markets
SwapBacktest
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 0.000%
Price spread now: OKX against Bitget−0.059%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1291.286% 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−0.098%−$10 · spread now −0.059%, 7d avg −0.064%
Together, before fees−0.098%−$10 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SPXUSDT0.50870.0100pay 0.0050% / 4h2h 08m$2.7M$1.4M50x
ShortOKX SPX-USDT-SWAP0.50840.0100get 0.0050% / 4h2h 08m$948K$2.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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: −0.059% → −0.064%
$0.51
Slippage, 4 orders
−$106.61
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$128.1
Costs to cover
1.286%
Break-even
never at this rate
Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 4 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 Bitget live order book, 4 min ago9.77 bp28.9 bp −$2979.1 bp −$791doesn't fitdoesn't fit
Sell OKX live order book, 4 min ago3.92 bp32.2 bp −$32doesn't fitdoesn't fitdoesn't fit

SPX on 18 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
Injective SPX/USDC PERP+0.0033%1h0.4979−2.123%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5083−0.073%$137K$358K5xas long as short
Hyperliquid SPX+0.0100%1h0.5083−0.085%$10.2M$7.5M5xas long as short
Aster SPXUSDT+0.0100%4h0.5082−0.089%$129K$111K10xas long as short
Binance SPXUSDT+0.0100%4h0.5079−0.166%$5.1M$21.2M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5080−0.138%$11.5M$16.1M50xas long as short
OKX SPX-USDT-SWAPshort+0.0100%4h0.5084−0.059%$948K$2.9M20x
Gate SPX_USDT+0.0100%4h0.5074−0.256%$1.0M$557K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5078−0.177%$11.5M$4.9M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5080−0.138%$3.7M$5.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SPXUSDTlong+0.0100%4h0.5087long leg$2.7M$1.4M50x
BingX SPX-USDT+0.0100%4h0.5082−0.098%$6.8Mas long as short
Variational Omni SPX+0.0100%4h0.5092+0.100%$881K$1.4Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5108+0.413%$46K$244K25xas long as short
SunX SPX-USDT+0.0100%4h0.5071−0.315%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.5075−0.231%$34K$259K10xas long as short
Orderly PERP_SPX_USDC+0.0131%4h0.5085−0.039%$20K$59910xas long as short
Kraken Futures PF_SPXUSD+0.1174%1h0.5086−0.020%$252K$545K20xas long as short