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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0060%/8h= −6.6% APRnext payment $0.30 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Aster−0.178%7-day average −0.182% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$282as in the Price arb table
costs, in and out, $10k−$2822.821% 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)−0.364%−$36 · spread now −0.178%, 7d avg −0.182%
Together, before fees−0.364%+ Points / potential airdropAster: Stage 5 · farm board−$36 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.182%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPXUSDT0.50250.0160pay 0.0080% / 4h21m 59s$134K$122K10x
ShortSunX SPX-USDT0.50160.0100get 0.0050% / 4h21m 59s$8K$1.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$12.63
Price spread: −0.178% → −0.182%
$0.4
Slippage, 4 orders
−$266.06
Fee Aster: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$294.28
Costs to cover
2.821%
Break-even
never at this rate
Slippage from Aster: live order book, 34 min ago; SunX: live order book, 3 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, 34 min ago9.97 bp28.0 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 3 min ago33.82 bp116.3 bp −$116doesn't fitdoesn'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%1h0.4979−0.914%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5027+0.035%$135K$357K5xas long as short
Hyperliquid SPX+0.0100%1h0.5024−0.017%$10.2M$7.5M5xas long as short
Binance SPXUSDT+0.0100%4h0.5025+0.003%$5.0M$21.4M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5018−0.138%$11.3M$16.3M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5023−0.039%$934K$2.9M20xas long as short
Gate SPX_USDT+0.0100%4h0.5020−0.099%$1.0M$563K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5021−0.079%$11.7M$4.9M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5026+0.021%$3.7M$5.2M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5024−0.019%$2.6M$1.4M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX SPX-USDT+0.0100%4h0.5023−0.039%$6.9Mas long as short
Variational Omni SPX+0.0100%4h0.5028+0.052%$846K$1.4Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5041+0.319%$25K$254K25xas long as short
SunX SPX-USDTshort+0.0100%4h0.5016−0.178%$8K$1.7M20x
Extended SPX-USD+0.0104%1h0.5024−0.025%$33K$245K10xas long as short
Aster SPXUSDTlong+0.0160%4h0.5025long leg$134K$122K10x
Orderly PERP_SPX_USDC+0.0167%4h0.5032+0.140%$20K$59910xas long as short
BloFin SPX-USDT+0.0340%4h0.5032+0.140%$247K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.1283%1h0.5030+0.097%$245K$550K20xas long as short