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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against MEXC+0.010%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$610.613% 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 days0.000%$0 · spread now +0.010%, 7d avg +0.004%
Together, before fees0.000%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SPX_USDT0.51680.0100pay 0.0050% / 4h3h 11m$12.0M$5.1M100x
ShortBinance SPXUSDT0.51690.0100get 0.0050% / 4h3h 11m$5.2M$22.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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: +0.010% → +0.004%
$0.56
Slippage, 4 orders
−$47.3
Fee MEXC: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$60.74
Costs to cover
0.613%
Break-even
never at this rate
Slippage from MEXC: live order book, 1 min ago; Binance: live order book, 14 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 MEXC live order book, 1 min ago1.93 bp11.3 bp −$1128.6 bp −$286180.7 bp −$18.1Kdoesn't fit
Sell Binance live order book, 14 min ago0.97 bp17.2 bp −$1744.0 bp −$440413.0 bp −$41.3Kdoesn'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
Injective SPX/USDC PERP+0.0033%1h0.4979−3.657%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5170+0.045%$151K$370K5xas long as short
Binance SPXUSDTshort+0.0100%4h0.5169+0.010%$5.2M$22.3M75x
Bybit SPXUSDT+0.0100%4h0.5164−0.077%$11.8M$17.0M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5166−0.039%$939K$3.1M20xas long as short
Gate SPX_USDT+0.0100%4h0.5166−0.039%$1.0M$592K50xas long as short
MEXC SPX_USDTlong+0.0100%4h0.5168long leg$12.0M$5.1M100x
KuCoin SPXUSDTM+0.0100%4h0.5166−0.039%$3.7M$5.4M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5172+0.077%$2.7M$1.5M50xas long as short
BingX SPX-USDT+0.0100%4h0.5167−0.019%$6.9Mas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SPX+0.0100%4h0.5180+0.224%$965K$1.5Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5182+0.271%$26K$254K25xas long as short
SunX SPX-USDT+0.0100%4h0.5159−0.174%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.5163−0.097%$34K$252K10xas long as short
Hyperliquid SPX+0.0148%1h0.5171+0.052%$10.6M$7.8M5xas long as short
Aster SPXUSDT+0.0181%4h0.5176+0.147%$138K$130K10xas long as short
Orderly PERP_SPX_USDC+0.0224%4h0.5174+0.116%$21K$59910xas long as short
BloFin SPX-USDT+0.0340%4h0.5185+0.329%$254K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.1216%1h0.5174+0.119%$253K$548K20xas long as short