data as of
Settings8H · net · $10k
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Funding arb /

SPX

all SPX markets
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding spread now, next payment 17:00 UTC0.0000%/8h
paid, last 24h+0.094%paid, last 7 days+0.149%to open and closeno order book
Long on BingXShort on Hyperliquid
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX SPX-USDT0.52750.0100pay 0.0050% / 4h3h 33m—$6.7M—
ShortHyperliquid SPX0.52660.0100get 0.0013% / 1h33m 50s$9.7M$5.3M5x

Funding history

latest
Range statsloading…

Funding on every exchange

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latest

Profit calculator

Funding earned
$0
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$19
Break-even
never at this rate
Slippage unknown: BingX: live order book, 10 min ago; Hyperliquid: live order book, 10 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.176%
Avg gap 7d
+0.164%
A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 10 min ago9.75 bp29.1 bp −$2959.4 bp −$594464.5 bp −$46.5K1226.7 bp −$613.4K
Sell Hyperliquid live order book, 10 min ago3.87 bp17.8 bp −$18doesn't fitdoesn't fitdoesn't fit

SPX on 19 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni SPX−0.0315%4h$925K$491K—as long as short
KuCoin SPXUSDTM+0.0010%4h$3.9M$5.0M50xas long as short
Injective SPX/USDC PERP+0.0033%1h$9$4K5.5xas long as short
Lighter SPX+0.0096%1h$143K$253K5xas long as short
Hyperliquid SPXshort+0.0100%1h$9.7M$5.3M5x
Aster SPXUSDT+0.0100%4h$138K$81K10xas long as short
Binance SPXUSDT+0.0100%4h$5.2M$15.4M75xas long as short
Bybit SPXUSDT+0.0100%4h$12.6M$12.6M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h$1.0M$2.2M20xas long as short
Gate SPX_USDT+0.0100%4h$1.0M$374K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC SPX_USDT+0.0100%4h$10.0M$4.2M100xas long as short
Bitget SPXUSDT+0.0100%4h$2.8M$1.1M50xas long as short
BingX SPX-USDTlong+0.0100%4h—$6.7M—
ApeX Omni SPXUSDT+0.0100%1h$50K$247K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h$20K$20010xas long as short
SunX SPX-USDT+0.0100%4h$8K$1.4M20xas long as short
Extended SPX-USD+0.0104%1h$36K$217K10xas long as short
BloFin SPX-USDT+0.0340%4h$264K$921K75xas long as short
Kraken Futures PF_SPXUSD+0.1251%1h$265K$320K20xas long as short