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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Aster against Extended+0.125%7-day average +0.107% · you sell dearer than you buy
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)−0.007%−$1 on $10k
Price spread, last 4 days (all we have)+0.005%$0 · spread now +0.125%, 7d avg +0.107%
Together, before fees−0.002%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended SPX-USD0.50920.0104pay 0.0013% / 1h10m 36s$34K$260K10x
ShortAster SPXUSDT0.50980.0100get 0.0050% / 4h2h 10m$129K$111K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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
−$0.84
Price spread: +0.125% → +0.107%
$1.77
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$12.07
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 56 min ago; Aster: live order book, 55 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 Extended live order book, 56 min ago3.70 bp25.9 bp −$26189.6 bp −$1,896doesn't fitdoesn't fit
Sell Aster live order book, 55 min ago11.69 bp22.4 bp −$22doesn'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%1h0.4979−2.214%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5102+0.194%$137K$358K5xas long as short
Hyperliquid SPX+0.0100%1h0.5099+0.139%$10.2M$7.7M5xas long as short
Aster SPXUSDTshort+0.0100%4h0.5098+0.125%$129K$111K10x
Binance SPXUSDT+0.0100%4h0.5105+0.264%$5.2M$21.2M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5090−0.034%$11.6M$16.1M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5094+0.045%$953K$2.9M20xas long as short
Gate SPX_USDT+0.0100%4h0.5099+0.143%$1.0M$556K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5099+0.143%$11.5M$4.9M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5102+0.202%$3.7M$5.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SPXUSDT+0.0100%4h0.5102+0.202%$2.7M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.5097+0.104%$6.8Mas long as short
Variational Omni SPX+0.0100%4h0.5092+0.008%$881K$1.4Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5098+0.123%$46K$244K25xas long as short
SunX SPX-USDT+0.0100%4h0.5102+0.202%$8K$1.7M20xas long as short
Extended SPX-USDlong+0.0104%1h0.5092long leg$34K$260K10x
Orderly PERP_SPX_USDC+0.0130%4h0.5110+0.359%$20K$59910xas long as short
Kraken Futures PF_SPXUSD+0.1168%1h0.5113+0.411%$253K$545K20xas long as short