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

SPX500

all SPX500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0118%/8h= +12.9% APRnext payment +$1.18 per $10,000 · paid last 24h +0.011%
Price spread now: MEXC against Gate+0.175%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$760.756% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.021%+$2 on $10k
Price spread, last 7 days−0.132%−$13 · spread now +0.175%, 7d avg +0.100%
Together, before fees−0.111%−$11 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 MEXC is 0.075% dearer against Gate than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.100%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SPX500_USDT7,753.2−0.0200get 0.0200% / 8h1h 36m$1.7M$94K100x
ShortMEXC SPX500_USDT7,766.8−0.0082pay 0.0082% / 8h1h 36m$69.8M$46.0M200x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$24.78
Price spread: +0.175% → +0.100%
$7.52
Slippage, 4 orders
−$60.57
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 0 bp × 2 orders
$0
Net
−$43.27
Costs to cover
0.756%
Break-even
19.2 days
Slippage from Gate: live order book, 1 min ago; MEXC: 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 Gate live order book, 1 min ago8.92 bp22.1 bp −$2262.4 bp −$624doesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago0.06 bp0.1 bp $00.1 bp −$11.6 bp −$15776.4 bp −$38.2K

SPX500 on 5 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
Orderly PERP_SPX500_USDC−0.0303%8h7,763.1+0.128%$361K$127K20xas long as short
Gate SPX500_USDTlong−0.0200%8h7,753.2long leg$1.7M$94K100x
MEXC SPX500_USDTshort−0.0082%8h7,766.8+0.175%$69.8M$46.0M200x
SunX SPX500-USDT+0.0050%1h7,710.5−0.551%$2K$2.4M20xas long as short
HTX SPX500-USDT+0.0050%1h7,756.8+0.046%$501K$232K30xas long as short