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 0.000%
Price spread now: Bitget against Binance−0.043%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$880.880% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.005%$0 · spread now −0.043%, 7d avg −0.029%
Together, before fees−0.005%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SPXUSDT0.51110.0100pay 0.0050% / 4h3h 54m$5.1M$23.8M75x
ShortBitget SPXUSDT0.51090.0100get 0.0050% / 4h3h 54m$2.6M$1.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Binance. 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: −0.043% → −0.029%
−$1.39
Slippage, 4 orders
−$65.97
Fee Binance: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$89.36
Costs to cover
0.880%
Break-even
never at this rate
Slippage from Binance: live order book, 1 min ago; Bitget: 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 Binance live order book, 1 min ago1.96 bp23.1 bp −$2365.0 bp −$650doesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago11.69 bp27.4 bp −$27104.4 bp −$1,044doesn'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%1h0.4979−2.586%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5115+0.084%$141K$405K5xas long as short
Hyperliquid SPX+0.0100%1h0.5118+0.131%$10.3M$8.4M5xas long as short
Aster SPXUSDT+0.0100%4h0.5109−0.040%$136K$93K10xas long as short
Binance SPXUSDTlong+0.0100%4h0.5111long leg$5.1M$23.8M75x
Bybit SPXUSDT+0.0100%4h0.5107−0.082%$11.8M$17.8M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5111−0.004%$976K$3.4M20xas long as short
Gate SPX_USDT+0.0100%4h0.5107−0.082%$1.0M$641K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5115+0.074%$11.6M$5.0M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5109−0.043%$3.7M$5.5M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SPXUSDTshort+0.0100%4h0.5109−0.043%$2.6M$1.5M50x
BingX SPX-USDT+0.0100%4h0.5103−0.160%$7.0Mas long as short
Variational Omni SPX+0.0100%4h0.5103−0.157%$952K$1.6Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5104−0.141%$26K$249K25xas long as short
SunX SPX-USDT+0.0100%4h0.5090−0.415%$8K$1.8M20xas long as short
Orderly PERP_SPX_USDC+0.0101%4h0.5118+0.133%$20K$59910xas long as short
Extended SPX-USD+0.0104%1h0.5114+0.056%$33K$299K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5107−0.082%$252K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.1471%1h0.5132+0.402%$259K$554K20xas long as short