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 +0.004%
Price spread now: Aster against SunX+0.190%7-day average +0.187% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$426as in the Price arb table
costs, in and out, $10k−$4264.263% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.004%$0 on $10k
Price spread, last 4 days (all we have)+0.137%+$14 · spread now +0.190%, 7d avg +0.187%
Together, before fees+0.142%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SPX-USDT0.50760.0100pay 0.0050% / 4h24m 18s$8K$1.8M20x
ShortAster SPXUSDT0.50860.0100get 0.0050% / 4h24m 18s$136K$93K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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: +0.190% → +0.187%
$0.26
Slippage, 4 orders
−$410.3
Fee SunX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$426.04
Costs to cover
4.263%
Break-even
never at this rate
Slippage from SunX: live order book, 11 min ago; Aster: live order book, 12 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 SunX live order book, 11 min ago34.38 bp110.7 bp −$111doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 12 min ago17.62 bp27.0 bp −$27doesn'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
Injective SPX/USDC PERP+0.0033%1h0.4979−1.911%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5087+0.223%$140K$407K5xas long as short
Hyperliquid SPX+0.0100%1h0.5089+0.250%$10.3M$8.3M5xas long as short
Aster SPXUSDTshort+0.0100%4h0.5086+0.190%$136K$93K10x
Binance SPXUSDT+0.0100%4h0.5085+0.177%$5.1M$23.8M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5077+0.020%$11.7M$17.8M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.50760.000%$970K$3.4M20xas long as short
Gate SPX_USDT+0.0100%4h0.5082+0.118%$1.0M$659K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5086+0.197%$11.7M$5.1M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5083+0.138%$3.6M$5.5M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SPXUSDT+0.0100%4h0.5085+0.177%$2.6M$1.5M50xas long as short
BingX SPX-USDT+0.0100%4h0.5084+0.158%$7.0Mas long as short
Variational Omni SPX+0.0100%4h0.5073−0.058%$945K$1.6Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5094+0.355%$26K$248K25xas long as short
SunX SPX-USDTlong+0.0100%4h0.5076long leg$8K$1.8M20x
Extended SPX-USD+0.0104%1h0.5084+0.161%$33K$302K10xas long as short
Orderly PERP_SPX_USDC+0.0140%4h0.5092+0.315%$20K$59910xas long as short
BloFin SPX-USDT+0.0340%4h0.5086+0.197%$254K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.1271%1h0.5102+0.511%$254K$551K20xas long as short