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

SPX500

all SPX500 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0352%/8h= −38.6% APRpaid last 24h −0.092%
Price spread now: Orderly against HTX+0.079%7-day average +0.107% · 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 7 days−0.295%−$29 on $10k
Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.079%, 7d avg +0.107%
Together, before fees−0.286%−$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Orderly is 0.028% cheaper against HTX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.107%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SPX500-USDT7,757.10.0050pay 0.0006% / 1h30m 11s$501K$232K30x
ShortOrderly PERP_SPX500_USDC7,763.2−0.0302pay 0.0302% / 8h1h 30m$361K$127K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$73.95
Price spread: +0.079% → +0.107%
−$2.82
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$94.77
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: HTX: live order book, 13 min ago; Orderly: no order-book sample. 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 HTX live order book, 13 min ago7.79 bp16.4 bp −$1623.0 bp −$230doesn't fitdoesn't fit
Sell Orderly no order-book sample
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.

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_USDCshort−0.0302%8h7,763.2+0.079%$361K$127K20x
Gate SPX500_USDT−0.0200%8h7,753.2−0.050%$1.7M$94K100xas long as short
MEXC SPX500_USDT−0.0081%8h7,766.9+0.126%$70.7M$46.2M200xas long as short
SunX SPX500-USDT+0.0050%1h7,710.5−0.601%$2K$2.4M20xas long as short
HTX SPX500-USDTlong+0.0050%1h7,757.1long leg$501K$232K30x