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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: ApeX Omni against Aster−0.071%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$776as in the Price arb table
costs, in and out, $10k−$7677.672% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)+0.001%$0 on $10k
Price spread, last 3 days (all we have)+0.628%+$63 · spread now −0.071%, 7d avg +0.016%
Together, before fees+0.629%+ Points / potential airdropAster: Stage 5 · farm board+$63 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: ApeX Omni is 0.087% cheaper against Aster than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.016%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPXUSDT0.50390.0100pay 0.0050% / 4h1h 26m$127K$103K10x
ShortApeX Omni SPXUSDT0.50350.0100get 0.0013% / 1h26m 57s$45K$248K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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: −0.071% → +0.016%
−$8.67
Slippage, 4 orders
−$749.17
Fee Aster: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$775.84
Costs to cover
7.672%
Break-even
never at this rate
Slippage from Aster: live order book, 54 min ago; ApeX Omni: live order book, 55 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 Aster live order book, 54 min ago15.86 bp711.2 bp −$711doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 55 min ago6.94 bp14.6 bp −$1598.8 bp −$988doesn't fitdoesn't fit

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
Kraken Futures PF_SPXUSD−0.1245%1h0.5035−0.062%$233K$552K20xas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−1.182%$9$4K5.5xas long as short
Variational Omni SPX+0.0048%4h0.5031−0.143%$850K$1.3Mas long as short
Lighter SPX+0.0096%1h0.5039+0.016%$116K$319K5xas long as short
Hyperliquid SPX+0.0100%1h0.5037−0.023%$9.8M$7.3M5xas long as short
Aster SPXUSDTlong+0.0100%4h0.5039long leg$127K$103K10x
Binance SPXUSDT+0.0100%4h0.5036−0.049%$5.1M$20.0M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5029−0.190%$11.7M$15.5M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5032−0.131%$985K$2.7M20xas long as short
Gate SPX_USDT+0.0100%4h0.5028−0.210%$1.0M$477K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SPX_USDT+0.0100%4h0.5035−0.071%$11.3M$4.6M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5030−0.170%$3.8M$5.2M50xas long as short
Bitget SPXUSDT+0.0100%4h0.5036−0.051%$2.6M$1.4M50xas long as short
BingX SPX-USDT+0.0100%4h0.5034−0.091%$6.9Mas long as short
ApeX Omni SPXUSDTshort+0.0100%1h0.5035−0.071%$45K$248K25x
Orderly PERP_SPX_USDC+0.0100%4h0.5043+0.088%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.5030−0.170%$8K$1.6M20xas long as short
Extended SPX-USD+0.0104%1h0.5033−0.108%$34K$228K10xas long as short
BloFin SPX-USDT+0.0340%4h0.5049+0.207%$258K$953K75xas long as short