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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.042%
Price spread now: BingX against Variational Omni+0.193%7-day average +0.091% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.173%+$17 on $10k
Price spread, last 4 days (all we have)−2.307%−$231 · spread now +0.193%, 7d avg +0.091%
Together, before fees−2.134%+ Points / potential airdropVariational Omni: Active · farm board−$213 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.102% dearer against Variational Omni than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SPX0.51030.0100pay 0.0050% / 4h3h 52m$952K$1.6M
ShortBingX SPX-USDT0.51130.0100get 0.0050% / 4h3h 52m$7.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Variational Omni. 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: +0.193% → +0.091%
$10.2
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee BingX: 5 bp × 2 orders
−$10
Net
$0.2
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; BingX: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 2 min ago7.85 bpdoesn't fit56.9 bp −$569doesn't fitdoesn't fit
Sell BingX live order book, 1 min ago7.82 bp20.4 bp −$2049.3 bp −$493328.1 bp −$32.8K1172.3 bp −$586.1K

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
Gate SPX_USDT+0.0028%4h0.5109+0.114%$1.0M$642K50xas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−2.433%$9$4K5.5xas long as short
Lighter SPX+0.0096%1h0.5114+0.218%$141K$405K5xas long as short
Hyperliquid SPX+0.0100%1h0.5118+0.283%$10.3M$8.4M5xas long as short
Aster SPXUSDT+0.0100%4h0.5116+0.245%$137K$93K10xas long as short
Binance SPXUSDT+0.0100%4h0.5114+0.216%$5.1M$23.8M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5105+0.036%$11.8M$17.8M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5112+0.173%$977K$3.4M20xas long as short
MEXC SPX_USDT+0.0100%4h0.5109+0.114%$11.6M$5.0M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5109+0.114%$3.7M$5.5M50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SPXUSDT+0.0100%4h0.5115+0.232%$2.6M$1.5M50xas long as short
BingX SPX-USDTshort+0.0100%4h0.5113+0.193%$7.0M
Variational Omni SPXlong+0.0100%4h0.5103long leg$952K$1.6M
ApeX Omni SPXUSDT+0.0100%1h0.5103−0.003%$26K$249K25xas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5119+0.310%$20K$59910xas long as short
SunX SPX-USDT+0.0100%4h0.5109+0.114%$8K$1.8M20xas long as short
Extended SPX-USD+0.0104%1h0.5106+0.050%$33K$299K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5115+0.232%$251K$1.0M75xas long as short
Kraken Futures PF_SPXUSD+0.1472%1h0.5128+0.487%$259K$553K20xas long as short