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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: ApeX Omni against MEXC+0.020%66s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$530.529% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 4 days (all we have)+2.393%+$239 · spread now +0.020%, 7d avg +0.029%
Together, before fees+2.402%+$240 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC SPX_USDT0.51050.0100pay 0.0050% / 4h2h 18m$11.6M$4.9M100x
ShortApeX Omni SPXUSDT0.51060.0100get 0.0013% / 1h18m 19s$46K$243K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against MEXC. 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% → +0.029%
−$0.91
Slippage, 4 orders
−$38.91
Fee MEXC: 2 bp × 2 orders
−$4
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$53.82
Costs to cover
0.529%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; ApeX Omni: live order book, 48 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 MEXC live order book, 5 min ago1.95 bp8.4 bp −$817.8 bp −$178151.3 bp −$15.1Kdoesn't fit
Sell ApeX Omni live order book, 48 min ago8.78 bp17.5 bp −$18107.4 bp −$1,074doesn't fitdoesn't fit

SPX on 18 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%1h0.4979−2.468%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5106+0.022%$138K$358K5xas long as short
Variational Omni SPX+0.0100%4h0.5098−0.136%$882K$1.4Mas long as short
Hyperliquid SPX+0.0100%1h0.5111+0.121%$10.2M$7.7M5xas long as short
Binance SPXUSDT+0.0100%4h0.5110+0.108%$5.2M$21.2M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5101−0.078%$11.6M$16.1M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.51050.000%$955K$2.9M20xas long as short
Gate SPX_USDT+0.0100%4h0.5099−0.118%$1.0M$556K50xas long as short
MEXC SPX_USDTlong+0.0100%4h0.5105long leg$11.6M$4.9M100x
KuCoin SPXUSDTM+0.0100%4h0.5101−0.078%$3.7M$5.3M50xas long as short
Show all 18 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SPXUSDT+0.0100%4h0.51050.000%$2.7M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.5107+0.039%$6.8Mas long as short
ApeX Omni SPXUSDTshort+0.0100%1h0.5106+0.020%$46K$243K25x
SunX SPX-USDT+0.0100%4h0.5084−0.411%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.5100−0.105%$37K$257K10xas long as short
Aster SPXUSDT+0.0112%4h0.5097−0.151%$129K$111K10xas long as short
Orderly PERP_SPX_USDC+0.0128%4h0.5114+0.176%$20K$59910xas long as short
Kraken Futures PF_SPXUSD+0.1171%1h0.5100−0.107%$252K$545K20xas long as short