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

SPX

all SPX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.023%
Price spread now: Injective against Aster+0.057%77s7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 0.057% dearer against Aster than usual: you sell high and buy low (spread +0.057% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPXUSDT0.51980.0100pay 0.0050% / 4h10m 10s$135K$102K10x
ShortInjective SPX/USDC PERP0.52010.0033get 0.0004% / 1h10m 10s$172$4K5.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: +0.057% → 0.000%
$5.68
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$16.34
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 29 min ago; Injective: 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 Aster live order book, 29 min ago5.87 bp46.7 bp −$47doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.

SPX on 19 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
Variational Omni SPX+0.0021%4h0.5183−0.288%$958K$1.7Mas long as short
Injective SPX/USDC PERPshort+0.0033%1h0.5201+0.057%$172$4K5.5x
Lighter SPX+0.0096%1h0.5194−0.080%$125K$387K5xas long as short
Aster SPXUSDTlong+0.0100%4h0.5198long leg$135K$102K10x
Binance SPXUSDT+0.0100%4h0.5196−0.045%$5.4M$23.6M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5196−0.039%$12.1M$17.7M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5186−0.232%$1.0M$3.4M20xas long as short
Gate SPX_USDT+0.0100%4h0.5189−0.174%$1.0M$674K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5192−0.116%$10.9M$5.1M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5189−0.174%$3.7M$5.5M50xas long as short
Show all 19 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SPXUSDT+0.0100%4h0.5192−0.116%$2.7M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.5187−0.212%$7.0Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5208+0.192%$27K$249K25xas long as short
SunX SPX-USDT+0.0100%4h0.5180−0.347%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.5188−0.199%$44K$335K10xas long as short
Orderly PERP_SPX_USDC+0.0166%4h0.5199+0.018%$21K$51110xas long as short
BloFin SPX-USDT+0.0340%4h0.5191−0.136%$264K$959K75xas long as short
Hyperliquid SPX+0.0379%1h0.5201+0.051%$10.8M$8.5M5xas long as short
Kraken Futures PF_SPXUSD+0.0990%1h0.5193−0.098%$281K$539K20xas long as short