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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.098%7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$112as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1121.122% 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+0.023%+$2 · spread now +0.098%, 7d avg +0.096%
Together, before fees+0.023%+$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SPX-USDT-SWAP0.49760.0100pay 0.0050% / 4h1h 13m$979K$2.7M20x
ShortBinance SPXUSDT0.49810.0100get 0.0050% / 4h1h 13m$4.9M$20.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.098% → +0.096%
$0.26
Slippage, 4 orders
−$92.21
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$111.94
Costs to cover
1.122%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 12 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 OKX live order book, 3 min ago4.03 bp32.6 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 12 min ago1.99 bp13.3 bp −$1344.3 bp −$443403.9 bp −$40.4Kdoesn'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
Kraken Futures PF_SPXUSD−0.1258%1h0.4984+0.171%$232K$554K20xas long as short
Variational Omni SPX+0.0028%4h0.4958−0.364%$836K$1.3Mas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979+0.060%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.4983+0.139%$114K$319K5xas long as short
Hyperliquid SPX+0.0100%1h0.4979+0.060%$9.6M$7.5M5xas long as short
Aster SPXUSDT+0.0100%4h0.4988+0.237%$125K$107K10xas long as short
Binance SPXUSDTshort+0.0100%4h0.4981+0.098%$4.9M$20.6M75x
Bybit SPXUSDT+0.0100%4h0.4974−0.040%$11.5M$15.8M50xas long as short
OKX SPX-USDT-SWAPlong+0.0100%4h0.4976long leg$979K$2.7M20x
Gate SPX_USDT+0.0100%4h0.4981+0.100%$1.0M$491K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SPX_USDT+0.0100%4h0.4981+0.100%$11.2M$4.7M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.4981+0.100%$3.7M$5.2M50xas long as short
Bitget SPXUSDT+0.0100%4h0.4980+0.080%$2.6M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.4977+0.020%$6.9Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.4967−0.181%$45K$248K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.4994+0.362%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.4978+0.040%$8K$1.7M20xas long as short
Extended SPX-USD+0.0104%1h0.4975−0.010%$34K$228K10xas long as short
BloFin SPX-USDT+0.0340%4h0.4967−0.181%$256K$941K75xas long as short