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

SPX500

all SPX500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h −0.050%
Price spread now: Gate against HTX−0.174%7-day average −0.035% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$840.845% 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)+0.220%+$22 · spread now −0.174%, 7d avg −0.035%
Together, before fees+0.050%+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.140% cheaper against HTX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.035%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SPX500-USDT7,757.80.0050pay 0.0006% / 1h58m 05s$501K$225K30x
ShortGate SPX500_USDT7,744.3−0.0038pay 0.0038% / 8h5h 58m$1.7M$137K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against HTX. 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
−$18.48
Price spread: −0.174% → −0.035%
−$13.95
Slippage, 4 orders
−$57.49
Fee HTX: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$116.92
Costs to cover
0.845%
Break-even
never at this rate
Slippage from HTX: live order book, 5 min ago; Gate: live order book, 4 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 HTX live order book, 5 min ago2.13 bp10.0 bp −$1013.4 bp −$134doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago8.73 bp19.2 bp −$1964.8 bp −$648doesn'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−0.0220%8h7,764.1+0.081%$361K$132K20xas long as short
MEXC SPX500_USDT−0.0090%8h7,767.9+0.130%$71.2M$48.2M200xas long as short
Gate SPX500_USDTshort−0.0038%8h7,744.3−0.174%$1.7M$137K100x
SunX SPX500-USDT+0.0050%1h7,710.5−0.610%$2K$2.5M20xas long as short
HTX SPX500-USDTlong+0.0050%1h7,757.8long leg$501K$225K30x