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

SPX

all SPX markets
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Funding spread now, next payment 20:00 UTC0.0000%/8h
next payment, per $10,000+$0.00paid, last 24h−0.001%paid, last 5 days+0.006%to open and closeno order book
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SPX_USDC0.51060.0100pay 0.0050% / 4h3h 18m$20K$20010x
ShortAster SPXUSDT0.51020.0100get 0.0050% / 4h3h 18m$134K$82K10x

Funding history

latest
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Funding on every exchange

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Profit calculator

Funding earned
$0
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aster: 4 bp × 2 orders
−$8
Net
−$14
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 24 min ago. Net counts fees only.

Price risk

price view
Price gap now
−0.084%
Avg gap 7d
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 Orderly no order-book sample
Sell Aster live order book, 24 min ago10.67 bp32.5 bp −$33doesn't fitdoesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SPX on 19 venues

lowest funding first. Swap a leg.
ExchangeFunding /8hEveryOIVol 24hMax lev
Variational Omni SPX−0.0251%4h$1.1M$735Kas long as short
Gate SPX_USDT−0.0044%4h$1.0M$391K50xas long as short
KuCoin SPXUSDTM−0.0022%4h$3.8M$5.1M50xas long as short
Injective SPX/USDC PERP+0.0033%1h$9$4K5.5xas long as short
Lighter SPX+0.0096%1h$140K$254K5xas long as short
Hyperliquid SPX+0.0100%1h$9.4M$5.4M5xas long as short
Aster SPXUSDTshort+0.0100%4h$134K$82K10x
Binance SPXUSDT+0.0100%4h$5.0M$16.0M75xas long as short
Bybit SPXUSDT+0.0100%4h$11.9M$13.2M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h$1.0M$2.2M20xas long as short
Show all 19 venues
ExchangeFunding /8hEveryOIVol 24hMax lev
MEXC SPX_USDT+0.0100%4h$9.6M$4.3M100xas long as short
Bitget SPXUSDT+0.0100%4h$2.7M$1.2M50xas long as short
BingX SPX-USDT+0.0100%4h$6.7Mas long as short
ApeX Omni SPXUSDT+0.0100%1h$49K$246K25xas long as short
Orderly PERP_SPX_USDClong+0.0100%4h$20K$20010x
SunX SPX-USDT+0.0100%4h$8K$1.4M20xas long as short
Extended SPX-USD+0.0104%1h$35K$223K10xas long as short
BloFin SPX-USDT+0.0340%4h$271K$928K75xas long as short
Kraken Futures PF_SPXUSD+0.1286%1h$254K$324K20xas long as short