SPX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0093%/8h= +10.2% APRnext payment +$0.47 per $10,000 · paid last 24h +0.001%

Price spread now: Orderly against Aster+0.256%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Orderly is 0.256% dearer against Aster than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SPXUSDT	0.5217	0.0100	pay 0.0050% / 4h	2h 14m	$139K	$92K	10x
Short	Orderly PERP_SPX_USDC	0.5230	0.0193	get 0.0097% / 4h	2h 14m	$21K	$599	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.256%Rate

Funding earned: $19.56
Price spread: +0.256% → 0.000%: $25.63
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Orderly: 3 bp × 2 orders: −$6
Net: $31.19
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Aster: live order book, 32 min ago; Orderly: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 32 min ago	14.68 bp	993.3 bp −$993	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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 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	−4.555%	$9	$4K	5.5x	as long as short
Lighter SPX	+0.0096%	1h	0.5214	−0.050%	$145K	$383K	5x	as long as short
Hyperliquid SPX	+0.0100%	1h	0.5218	+0.022%	$10.6M	$7.9M	5x	as long as short
Aster SPXUSDTlong	+0.0100%	4h	0.5217	long leg	$139K	$92K	10x
Binance SPXUSDT	+0.0100%	4h	0.5224	+0.144%	$5.2M	$22.8M	75x	as long as short
Bybit SPXUSDT	+0.0100%	4h	0.5221	+0.084%	$11.9M	$17.3M	50x	as long as short
OKX SPX-USDT-SWAP	+0.0100%	4h	0.5227	+0.199%	$981K	$3.3M	20x	as long as short
Gate SPX_USDT	+0.0100%	4h	0.5225	+0.160%	$1.1M	$624K	50x	as long as short
MEXC SPX_USDT	+0.0100%	4h	0.5215	−0.031%	$12.0M	$5.2M	100x	as long as short
KuCoin SPXUSDTM	+0.0100%	4h	0.5218	+0.026%	$3.8M	$5.4M	50x	as long as short

Show all 19 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SPXUSDT	+0.0100%	4h	0.5227	+0.199%	$2.7M	$1.5M	50x	as long as short
BingX SPX-USDT	+0.0100%	4h	0.5221	+0.084%	—	$6.9M	—	as long as short
Variational Omni SPX	+0.0100%	4h	0.5145	−1.370%	$947K	$1.5M	—	as long as short
ApeX Omni SPXUSDT	+0.0100%	1h	0.5162	−1.047%	$26K	$254K	25x	as long as short
SunX SPX-USDT	+0.0100%	4h	0.5220	+0.065%	$8K	$1.7M	20x	as long as short
Extended SPX-USD	+0.0104%	1h	0.5226	+0.182%	$34K	$258K	10x	as long as short
Orderly PERP_SPX_USDCshort	+0.0193%	4h	0.5230	+0.256%	$21K	$599	10x
BloFin SPX-USDT	+0.0340%	4h	0.5172	−0.856%	$246K	$1.0M	75x	as long as short
Kraken Futures PF_SPXUSD	+0.1401%	1h	0.5247	+0.573%	$262K	$544K	20x	as long as short