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: Bitget against OKX+0.080%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$148as in the Price arb table
costs, in and out, $10k−$1491.490% 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+0.165%+$16 · spread now +0.080%, 7d avg +0.069%
Together, before fees+0.165%+$16 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SPX-USDT-SWAP0.50290.0100pay 0.0050% / 4h1h 26m$985K$2.7M20x
ShortBitget SPXUSDT0.50330.0100get 0.0050% / 4h1h 26m$2.6M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.080% → +0.069%
$1.02
Slippage, 4 orders
−$127
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$147.98
Costs to cover
1.490%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 1 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, 1 min ago3.97 bp39.6 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago8.94 bp36.3 bp −$36102.2 bp −$1,022doesn'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
Kraken Futures PF_SPXUSD−0.1246%1h0.5032+0.051%$233K$552K20xas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−0.994%$9$4K5.5xas long as short
Variational Omni SPX+0.0048%4h0.5031+0.047%$850K$1.3Mas long as short
Lighter SPX+0.0096%1h0.5036+0.141%$116K$319K5xas long as short
Hyperliquid SPX+0.0100%1h0.5037+0.149%$9.8M$7.3M5xas long as short
Aster SPXUSDT+0.0100%4h0.5033+0.080%$127K$104K10xas long as short
Binance SPXUSDT+0.0100%4h0.5031+0.040%$5.1M$20.0M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5023−0.119%$11.7M$15.5M50xas long as short
OKX SPX-USDT-SWAPlong+0.0100%4h0.5029long leg$985K$2.7M20x
Gate SPX_USDT+0.0100%4h0.5030+0.020%$1.0M$477K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SPX_USDT+0.0100%4h0.5033+0.080%$11.3M$4.6M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5032+0.060%$3.8M$5.2M50xas long as short
Bitget SPXUSDTshort+0.0100%4h0.5033+0.080%$2.6M$1.4M50x
BingX SPX-USDT+0.0100%4h0.5030+0.020%$6.9Mas long as short
ApeX Omni SPXUSDT+0.0100%1h0.5035+0.119%$45K$248K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5040+0.219%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.5028−0.020%$8K$1.6M20xas long as short
Extended SPX-USD+0.0104%1h0.5031+0.042%$34K$228K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5049+0.398%$258K$953K75xas long as short