SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0047%/8h= −5.1% APRnext payment −$0.23 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Aster−0.078%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$761as in the Price arb table

costs, in and out, $10k−$7557.554% of the position

Long on Aster Short on Bitget

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)+0.188%+$19 · spread now −0.078%, 7d avg −0.026%

Together, before fees+0.187%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.052% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.026%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SPXUSDT	0.5078	0.0147	pay 0.0073% / 4h	1h 39m	$129K	$111K	10x
Short	Bitget SPXUSDT	0.5074	0.0100	get 0.0050% / 4h	1h 39m	$2.7M	$1.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee AsterbpFee BitgetbpOrdersPrice spread, now −0.078%Rate

Funding earned: −$9.81
Price spread: −0.078% → −0.026%: −$5.19
Slippage, 4 orders: −$735.36
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$770.37
Costs to cover: 7.554%
Break-even: never at this rate

Slippage from Aster: live order book, 21 min ago; Bitget: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 21 min ago	15.55 bp	649.6 bp −$650	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	8.82 bp	28.9 bp −$29	113.7 bp −$1,137	doesn't fit	doesn't fit

SPX on 19 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective SPX/USDC PERP	+0.0033%	1h	0.4979	−1.948%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5077	−0.016%	$136K	$359K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5074	−0.070%	$10.2M	$7.4M	5x	as long as short
Binance SPXUSDT	+0.0100%	4h	0.5070	−0.156%	$5.1M	$21.1M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5066	−0.235%	$11.5M	$16.1M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5067	−0.215%	$947K	$2.9M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5069	−0.176%	$1.0M	$555K	50x	as long as short
MEXC SPX_USDT	+0.0100%	4h	0.5069	−0.176%	$11.8M	$4.7M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5071	−0.137%	$3.7M	$5.3M	50x	as long as short
Bitget SPXUSDTshort	+0.0100%	4h	0.5074	−0.078%	$2.7M	$1.4M	50x

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX SPX-USDT	+0.0100%	4h	0.5070	−0.156%	—	$6.9M	—	as long as short
Variational Omni SPX	+0.0100%	4h	0.5061	−0.343%	$888K	$1.4M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5109	+0.612%	$46K	$243K	25x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5059	−0.373%	$8K	$1.6M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5068	−0.194%	$34K	$251K	10x	as long as short
Orderly PERP_SPX_USDC	+0.0140%	4h	0.5079	+0.021%	$20K	$599	10x	as long as short
Aster SPXUSDTlong	+0.0147%	4h	0.5078	long leg	$129K	$111K	10x
BloFin SPX-USDT	+0.0340%	4h	0.5070	−0.156%	$255K	$1.1M	75x	as long as short
Kraken Futures PF_SPXUSD	+0.1421%	1h	0.5077	−0.027%	$251K	$544K	20x	as long as short