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 +0.018%
Price spread now: SunX against KuCoin−0.136%54s7-day average −0.124% · you buy dearer than you sell
Net, funding: paid 7d − costs−$362as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$3643.638% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.018%+$2 on $10k
Price spread, last 3 days (all we have)−0.133%−$13 · spread now −0.136%, 7d avg −0.124%
Together, before fees−0.115%−$11 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SPXUSDTM0.51300.0100pay 0.0050% / 4h3h 07m$3.8M$5.4M50x
ShortSunX SPX-USDT0.51230.0100get 0.0050% / 4h3h 07m$8K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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: −0.136% → −0.124%
−$1.25
Slippage, 4 orders
−$343.78
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$365.03
Costs to cover
3.638%
Break-even
never at this rate
Slippage from KuCoin: live order book, just now; SunX: live order book, 8 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 KuCoin live order book, just now3.90 bp78.0 bp −$78413.8 bp −$4,138doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago31.47 bp113.7 bp −$114doesn'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
Variational Omni SPX+0.0022%4h0.5086−0.855%$851K$1.3Mas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−2.943%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5139+0.173%$118K$324K5xas long as short
Hyperliquid SPX+0.0100%1h0.5138+0.156%$10.1M$7.6M5xas long as short
Aster SPXUSDT+0.0100%4h0.5133+0.061%$130K$110K10xas long as short
Binance SPXUSDT+0.0100%4h0.51300.000%$5.1M$21.1M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5125−0.097%$11.6M$16.0M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5128−0.039%$970K$2.9M20xas long as short
Gate SPX_USDT+0.0100%4h0.51300.000%$1.1M$521K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5132+0.039%$11.3M$4.8M100xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SPXUSDTMlong+0.0100%4h0.5130long leg$3.8M$5.4M50x
Bitget SPXUSDT+0.0100%4h0.5132+0.039%$2.7M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.5136+0.117%$6.8Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5119−0.214%$46K$246K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5136+0.117%$20K$59910xas long as short
SunX SPX-USDTshort+0.0100%4h0.5123−0.136%$8K$1.7M20x
Extended SPX-USD+0.0104%1h0.5132+0.045%$33K$264K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5116−0.273%$253K$1.1M75xas long as short
Kraken Futures PF_SPXUSD+0.0953%1h0.5138+0.155%$249K$550K20xas long as short