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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Aster+0.118%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$723as in the Price arb table
costs, in and out, $10k−$7367.355% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.118%, 7d avg −0.006%
Together, before fees−0.113%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.125% dearer against Aster than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPXUSDT0.50920.0100pay 0.0050% / 4h3h 59m$129K$110K10x
ShortBinance SPXUSDT0.50980.0100get 0.0050% / 4h3h 59m$5.0M$21.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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: +0.118% → −0.006%
$12.47
Slippage, 4 orders
−$717.52
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$723.06
Costs to cover
7.355%
Break-even
never at this rate
Slippage from Aster: live order book, 12 min ago; Binance: 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 Aster live order book, 12 min ago14.83 bp673.8 bp −$674doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 12 min ago1.98 bp14.4 bp −$1453.5 bp −$535520.6 bp −$52.1Kdoesn'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
Variational Omni SPX+0.0017%4h0.5082−0.190%$844K$1.3Mas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−2.219%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5101+0.187%$131K$303K5xas long as short
Hyperliquid SPX+0.0100%1h0.5104+0.230%$10.0M$7.8M5xas long as short
Aster SPXUSDTlong+0.0100%4h0.5092long leg$129K$110K10x
Binance SPXUSDTshort+0.0100%4h0.5098+0.118%$5.0M$21.2M75x
Bybit SPXUSDT+0.0100%4h0.5093+0.020%$11.6M$16.1M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5094+0.040%$967K$2.8M20xas long as short
Gate SPX_USDT+0.0100%4h0.5096+0.079%$1.1M$501K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5101+0.177%$11.3M$4.7M100xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SPXUSDTM+0.0100%4h0.5097+0.099%$3.8M$5.3M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5101+0.177%$2.7M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.5099+0.138%$6.9Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5093+0.020%$46K$246K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5107+0.295%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.5093+0.020%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.5103+0.207%$35K$228K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5101+0.177%$248K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.0958%1h0.5111+0.365%$248K$558K20xas long as short