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

SPX500

all SPX500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0266%/8h= −29.1% APRpaid last 24h −0.092%
Price spread now: Orderly against HTX+0.073%7-day average +0.104% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.295%−$29 on $10k
Price spread, last 3 days (all we have)+0.015%+$1 · spread now +0.073%, 7d avg +0.104%
Together, before fees−0.280%−$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Orderly is 0.031% cheaper against HTX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.104%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SPX500-USDT7,757.20.0050pay 0.0006% / 1h49m 58s$501K$224K30x
ShortOrderly PERP_SPX500_USDC7,762.9−0.0216pay 0.0216% / 8h6h 49m$361K$133K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against HTX. 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
−$55.83
Price spread: +0.073% → +0.104%
−$3.12
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$76.95
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 18 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 18 min ago1.42 bp10.6 bp −$1114.1 bp −$141doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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_USDCshort−0.0216%8h7,762.9+0.073%$361K$133K20x
MEXC SPX500_USDT−0.0084%8h7,767+0.126%$71.4M$48.8M200xas long as short
Gate SPX500_USDT−0.0054%8h7,743.8−0.173%$1.7M$138K100xas long as short
SunX SPX500-USDT+0.0050%1h7,710.5−0.602%$2K$2.6M20xas long as short
HTX SPX500-USDTlong+0.0050%1h7,757.2long leg$501K$224K30x