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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Aster against BloFin−0.089%7-day average −0.002% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.344%−$34 on $10k
Price spread, last 3 days (all we have)+0.268%+$27 · spread now −0.089%, 7d avg −0.002%
Together, before fees−0.077%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.087% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SPX-USDT0.50530.0340pay 0.0170% / 4h32m 59s$247K$984K75x
ShortAster SPXUSDT0.50480.0100get 0.0050% / 4h32m 59s$129K$110K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$50.4
Price spread: −0.089% → −0.002%
−$8.69
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$79.09
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 44 min ago; Aster: live order book, 43 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 44 min ago5.03 bp13.4 bp −$1344.9 bp −$449doesn't fitdoesn't fit
Sell Aster live order book, 43 min ago15.06 bp40.1 bp −$40doesn'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−0.1177%1h0.5062+0.184%$240K$559K20xas long as short
Variational Omni SPX−0.0019%4h0.5052−0.021%$845K$1.3Mas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−1.464%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5051−0.044%$116K$319K5xas long as short
Hyperliquid SPX+0.0100%1h0.5056+0.055%$9.9M$7.7M5xas long as short
Aster SPXUSDTshort+0.0100%4h0.5048−0.089%$129K$110K10x
Binance SPXUSDT+0.0100%4h0.5052−0.020%$5.0M$21.0M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5043−0.198%$11.5M$16.1M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5051−0.040%$962K$2.8M20xas long as short
Gate SPX_USDT+0.0100%4h0.5046−0.139%$1.0M$500K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SPX_USDT+0.0100%4h0.5051−0.040%$11.2M$4.7M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5049−0.079%$3.7M$5.3M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5057+0.079%$2.6M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.5048−0.099%$6.9Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5049−0.079%$45K$246K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5056+0.059%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.5047−0.119%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.5052−0.027%$34K$228K10xas long as short
BloFin SPX-USDTlong+0.0340%4h0.5053long leg$247K$984K75x