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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against Bitget−0.020%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1021.020% 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−0.216%−$22 · spread now −0.020%, 7d avg −0.037%
Together, before fees−0.216%−$22 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SPXUSDT0.50870.0100pay 0.0050% / 4h3h 58m$2.6M$1.4M50x
ShortBingX SPX-USDT0.50860.0100get 0.0050% / 4h3h 58m$6.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Bitget. 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: −0.020% → −0.037%
$1.74
Slippage, 4 orders
−$80.04
Fee Bitget: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$100.3
Costs to cover
1.020%
Break-even
never at this rate
Slippage from Bitget: live order book, 9 min ago; BingX: live order book, 14 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 Bitget live order book, 9 min ago9.88 bp29.1 bp −$2971.7 bp −$717doesn't fitdoesn't fit
Sell BingX live order book, 14 min ago6.94 bp20.3 bp −$2052.5 bp −$525279.2 bp −$27.9K1189.3 bp −$594.6K

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
Variational Omni SPX+0.0017%4h0.5082−0.092%$844K$1.3Mas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−2.123%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5089+0.043%$130K$303K5xas long as short
Hyperliquid SPX+0.0100%1h0.5087+0.008%$10.0M$7.8M5xas long as short
Aster SPXUSDT+0.0100%4h0.5086−0.015%$129K$110K10xas long as short
Binance SPXUSDT+0.0100%4h0.5088+0.027%$5.0M$21.2M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5079−0.157%$11.6M$16.1M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5083−0.079%$965K$2.8M20xas long as short
Gate SPX_USDT+0.0100%4h0.5084−0.059%$1.1M$503K50xas long as short
MEXC SPX_USDT+0.0100%4h0.5089+0.039%$11.2M$4.7M100xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SPXUSDTM+0.0100%4h0.50870.000%$3.7M$5.3M50xas long as short
Bitget SPXUSDTlong+0.0100%4h0.5087long leg$2.6M$1.4M50x
BingX SPX-USDTshort+0.0100%4h0.5086−0.020%$6.8M
ApeX Omni SPXUSDT+0.0100%1h0.5093+0.118%$46K$246K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5096+0.177%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.5078−0.177%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.5087+0.001%$35K$225K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5101+0.275%$248K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.0960%1h0.5100+0.257%$247K$557K20xas long as short