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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Aster−0.235%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$780as in the Price arb table
costs, in and out, $10k−$7587.577% 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)+0.323%+$32 · spread now −0.235%, 7d avg −0.010%
Together, before fees+0.322%+ Points / potential airdropAster: Stage 5 · farm board+$32 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: MEXC is 0.225% cheaper against Aster than usual: you would sell low and buy high, −$22 on $10k if it goes back to its 7-day average of −0.010%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPXUSDT0.49950.0100pay 0.0050% / 4h2h 06m$123K$99K10x
ShortMEXC SPX_USDT0.49830.0100get 0.0050% / 4h2h 06m$11.4M$4.6M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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: −0.235% → −0.010%
−$22.47
Slippage, 4 orders
−$745.74
Fee Aster: 4 bp × 2 orders
−$8
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$780.21
Costs to cover
7.577%
Break-even
never at this rate
Slippage from Aster: live order book, 14 min ago; MEXC: live order book, 2 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, 14 min ago15.86 bp711.2 bp −$711doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 2 min ago3.00 bp8.1 bp −$826.5 bp −$265141.7 bp −$14.2Kdoesn'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
Kraken Futures PF_SPXUSD−0.0416%1h0.4992−0.046%$231K$560K20xas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−0.315%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.4988−0.133%$115K$319K5xas long as short
Variational Omni SPX+0.0100%4h0.5010+0.303%$874K$1.3Mas long as short
Hyperliquid SPX+0.0100%1h0.4984−0.207%$9.7M$7.3M5xas long as short
Aster SPXUSDTlong+0.0100%4h0.4995long leg$123K$99K10x
Binance SPXUSDT+0.0100%4h0.4984−0.215%$4.9M$19.6M75xas long as short
Bybit SPXUSDT+0.0100%4h0.4980−0.295%$11.6M$15.5M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.4980−0.295%$966K$2.6M20xas long as short
Gate SPX_USDT+0.0100%4h0.4983−0.235%$1.0M$479K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SPX_USDTshort+0.0100%4h0.4983−0.235%$11.4M$4.6M100x
KuCoin SPXUSDTM+0.0100%4h0.4989−0.115%$3.7M$5.2M50xas long as short
Bitget SPXUSDT+0.0100%4h0.4985−0.195%$2.6M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.4983−0.235%$6.9Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5001+0.126%$45K$248K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5001+0.126%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.4993−0.035%$8K$1.6M20xas long as short
Extended SPX-USD+0.0104%1h0.4981−0.267%$34K$226K10xas long as short
BloFin SPX-USDT+0.0340%4h0.4996+0.026%$251K$907K75xas long as short