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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.059%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1471.467% 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 days+0.196%+$20 · spread now +0.059%, 7d avg +0.067%
Together, before fees+0.196%+$20 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SPX-USDT-SWAP0.50510.0100pay 0.0050% / 4h33m 59s$962K$2.8M20x
ShortBitget SPXUSDT0.50540.0100get 0.0050% / 4h33m 59s$2.6M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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: +0.059% → +0.067%
−$0.78
Slippage, 4 orders
−$124.72
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$147.5
Costs to cover
1.467%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Bitget: live order book, 3 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 OKX live order book, 3 min ago3.95 bp43.3 bp −$43doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago12.83 bp32.8 bp −$33114.7 bp −$1,147doesn'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−0.1179%1h0.5057+0.116%$240K$559K20xas long as short
Variational Omni SPX−0.0019%4h0.5052+0.018%$845K$1.3Mas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−1.425%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5049−0.046%$116K$319K5xas long as short
Hyperliquid SPX+0.0100%1h0.5054+0.069%$9.9M$7.7M5xas long as short
Aster SPXUSDT+0.0100%4h0.5049−0.045%$129K$109K10xas long as short
Binance SPXUSDT+0.0100%4h0.5048−0.067%$4.9M$21.0M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5038−0.257%$11.5M$16.1M50xas long as short
OKX SPX-USDT-SWAPlong+0.0100%4h0.5051long leg$962K$2.8M20x
Gate SPX_USDT+0.0100%4h0.5046−0.099%$1.0M$500K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SPX_USDT+0.0100%4h0.5047−0.079%$11.2M$4.7M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5045−0.119%$3.7M$5.3M50xas long as short
Bitget SPXUSDTshort+0.0100%4h0.5054+0.059%$2.6M$1.4M50x
BingX SPX-USDT+0.0100%4h0.5047−0.079%$6.9Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5060+0.178%$45K$246K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5053+0.040%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.5040−0.218%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.5048−0.067%$34K$228K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5046−0.099%$247K$983K75xas long as short