SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.001%

Price spread now: Aster against Gate+0.230%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$228as in the Price arb table

costs, in and out, $10k−$2432.432% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.018%+$2 on $10k

Price spread, last 4 days (all we have)−0.269%−$27 · spread now +0.230%, 7d avg +0.073%

Together, before fees−0.251%+ Points / potential airdropAster: Stage 5 · farm board−$25 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.157% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.073%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SPX_USDT	0.5011	0.0100	pay 0.0050% / 4h	5m 20s	$1.0M	$567K	50x
Short	Aster SPXUSDT	0.5023	0.0130	get 0.0065% / 4h	5m 20s	$134K	$122K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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

Position, each leg$Hold fordaysFee GatebpFee AsterbpOrdersPrice spread, now +0.230%Rate

Funding earned: $6.38
Price spread: +0.230% → +0.073%: $15.69
Slippage, 4 orders: −$220.23
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$221.16
Costs to cover: 2.432%
Break-even: 249.5 days

Slippage from Gate: live order book, 2 min ago; Aster: live order book, 51 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 2 min ago	7.98 bp	98.6 bp −$99	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 51 min ago	9.97 bp	28.9 bp −$29	doesn't fit	doesn't fit	doesn't fit

SPX on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPX/USDC PERP	+0.0033%	1h	0.4979	−0.639%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5019	+0.150%	$135K	$357K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5017	+0.110%	$10.1M	$7.6M	5x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5014	+0.060%	$5.0M	$21.5M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5008	−0.060%	$11.3M	$16.4M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5012	+0.020%	$932K	$2.9M	20x	as long as short
Gate SPX_USDTlong	+0.0100%	4h	0.5011	long leg	$1.0M	$567K	50x
MEXC SPX_USDT	+0.0100%	4h	0.5015	+0.080%	$11.7M	$4.9M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5017	+0.120%	$3.6M	$5.3M	50x	as long as short
Bitget SPXUSDT	+0.0100%	4h	0.5015	+0.080%	$2.6M	$1.4M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SPX-USDT	+0.0100%	4h	0.5016	+0.100%	—	$6.9M	—	as long as short
Variational Omni SPX	+0.0100%	4h	0.5013	+0.042%	$844K	$1.4M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5036	+0.499%	$26K	$254K	25x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5011	0.000%	$8K	$1.7M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5011	+0.001%	$33K	$247K	10x	as long as short
Aster SPXUSDTshort	+0.0130%	4h	0.5023	+0.230%	$134K	$122K	10x
Orderly PERP_SPX_USDC	+0.0173%	4h	0.5023	+0.239%	$20K	$599	10x	as long as short
BloFin SPX-USDT	+0.0340%	4h	0.5041	+0.599%	$250K	$1.0M	75x	as long as short
Kraken Futures PF_SPXUSD	+0.1285%	1h	0.5023	+0.233%	$245K	$550K	20x	as long as short