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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.009%
Price spread now: KuCoin against Aster−0.056%7-day average −0.064% · you buy dearer than you sell
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 6 days (all we have)−0.022%−$2 on $10k
Price spread, last 4 days (all we have)+0.029%+$3 · spread now −0.056%, 7d avg −0.064%
Together, before fees+0.007%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPXUSDT0.51460.0100pay 0.0050% / 4h3h 24m$137K$93K10x
ShortKuCoin SPXUSDTM0.51430.0100get 0.0050% / 4h3h 24m$3.7M$5.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: −0.056% → −0.064%
$0.88
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$19.12
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 6 min ago; KuCoin: live order book, 3 min ago. 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, 6 min ago15.72 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago0.98 bp88.0 bp −$88311.2 bp −$3,112doesn't fitdoesn'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
Injective SPX/USDC PERP+0.0033%1h0.4979−3.243%$9$4K5.5xas long as short
Variational Omni SPX+0.0044%4h0.5118−0.551%$943K$1.6Mas long as short
Lighter SPX+0.0096%1h0.5151+0.098%$142K$406K5xas long as short
Hyperliquid SPX+0.0100%1h0.5159+0.247%$10.7M$8.5M5xas long as short
Aster SPXUSDTlong+0.0100%4h0.5146long leg$137K$93K10x
Binance SPXUSDT+0.0100%4h0.5154+0.158%$5.2M$23.9M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5144−0.036%$11.9M$17.9M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5152+0.119%$988K$3.5M20xas long as short
Gate SPX_USDT+0.0100%4h0.5140−0.114%$1.0M$651K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5151+0.100%$11.7M$5.0M100xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SPXUSDTMshort+0.0100%4h0.5143−0.056%$3.7M$5.5M50x
Bitget SPXUSDT+0.0100%4h0.5151+0.100%$2.7M$1.5M50xas long as short
BingX SPX-USDT+0.0100%4h0.5154+0.158%$7.0Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5138−0.153%$26K$249K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5150+0.080%$20K$54010xas long as short
SunX SPX-USDT+0.0100%4h0.5135−0.211%$8K$1.8M20xas long as short
Extended SPX-USD+0.0104%1h0.5156+0.198%$46K$309K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5150+0.080%$252K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.1463%1h0.5161+0.302%$264K$557K20xas long as short