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

SPX500

all SPX500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0145%/8h= +15.9% APRpaid last 24h +0.070%
Price spread now: HTX against Gate+0.190%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1081.076% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.191%+$19 on $10k
Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.190%, 7d avg +0.039%
Together, before fees+0.037%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and HTX is 0.151% dearer against Gate than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.039%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SPX500_USDT7,740−0.0095get 0.0095% / 8h6h 21m$1.7M$85K100x
ShortHTX SPX500-USDT7,754.70.0050get 0.0006% / 1h21m 04s$501K$239K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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

Funding earned
$30.45
Price spread: +0.190% → +0.039%
$15.09
Slippage, 4 orders
−$80.62
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
−$62.08
Costs to cover
1.076%
Break-even
21.3 days
Slippage from Gate: live order book, 5 min ago; HTX: live order book, 30 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 Gate live order book, 5 min ago8.26 bp48.7 bp −$4982.8 bp −$828doesn't fitdoesn't fit
Sell HTX live order book, 30 min ago6.38 bp13.5 bp −$14doesn't fitdoesn't fitdoesn't fit

SPX500 on 5 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SPX500_USDC−0.0297%8h7,755.7+0.203%$361K$125K20xas long as short
Gate SPX500_USDTlong−0.0095%8h7,740long leg$1.7M$85K100x
SunX SPX500-USDT+0.0050%1h7,710−0.388%$2K$1.9M20xas long as short
HTX SPX500-USDTshort+0.0050%1h7,754.7+0.190%$501K$239K30x
MEXC SPX500_USDT+0.0073%8h7,758.4+0.238%$73.8M$47.2M200xas long as short