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

SPX500

all SPX500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h +0.050%
Price spread now: HTX against Gate+0.183%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$840.844% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.170%+$17 on $10k
Price spread, last 3 days (all we have)−0.229%−$23 · spread now +0.183%, 7d avg +0.035%
Together, before fees−0.059%−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and HTX is 0.148% dearer against Gate than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.035%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SPX500_USDT7,743.2−0.0051get 0.0051% / 8h6h 17m$1.7M$138K100x
ShortHTX SPX500-USDT7,757.40.0050get 0.0006% / 1h17m 34s$501K$224K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Gate. 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
$21.21
Price spread: +0.183% → +0.035%
$14.84
Slippage, 4 orders
−$57.41
Fee Gate: 7.5 bp × 2 orders
−$15
Fee HTX: 6 bp × 2 orders
−$12
Net
−$48.36
Costs to cover
0.844%
Break-even
23.0 days
Slippage from Gate: live order book, 5 min ago; HTX: live order book, 51 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 Gate live order book, 5 min ago8.73 bp42.0 bp −$4273.0 bp −$730doesn't fitdoesn't fit
Sell HTX live order book, 51 min ago1.42 bp12.6 bp −$1372.0 bp −$720doesn't fitdoesn't fit

SPX500 on 5 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
Orderly PERP_SPX500_USDC−0.0217%8h7,763.8+0.266%$361K$132K20xas long as short
MEXC SPX500_USDT−0.0087%8h7,767.2+0.310%$70.6M$49.4M200xas long as short
Gate SPX500_USDTlong−0.0051%8h7,743.2long leg$1.7M$138K100x
SunX SPX500-USDT+0.0050%1h7,709.5−0.436%$2K$2.5M20xas long as short
HTX SPX500-USDTshort+0.0050%1h7,757.4+0.183%$501K$224K30x