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

SPX

all SPX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against Aster−0.017%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$804as in the Price arb table
costs, in and out, $10k−$8058.053% 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 4 days (all we have)+0.011%+$1 · spread now −0.017%, 7d avg −0.029%
Together, before fees+0.011%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SPXUSDT0.50890.0100pay 0.0050% / 4h1h 43m$127K$103K10x
ShortBitget SPXUSDT0.50880.0100get 0.0050% / 4h1h 43m$2.6M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: −0.017% → −0.029%
$1.2
Slippage, 4 orders
−$785.25
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$804.06
Costs to cover
8.053%
Break-even
never at this rate
Slippage from Aster: live order book, 38 min ago; Bitget: 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 Aster live order book, 38 min ago15.86 bp711.2 bp −$711doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago9.87 bp33.1 bp −$3395.4 bp −$954doesn'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−0.1235%1h0.5074−0.289%$235K$553K20xas long as short
Injective SPX/USDC PERP+0.0033%1h0.4979−2.159%$9$4K5.5xas long as short
Variational Omni SPX+0.0085%4h0.5058−0.606%$881K$1.3Mas long as short
Lighter SPX+0.0096%1h0.5082−0.141%$117K$319K5xas long as short
Hyperliquid SPX+0.0100%1h0.5085−0.074%$9.9M$7.3M5xas long as short
Aster SPXUSDTlong+0.0100%4h0.5089long leg$127K$103K10x
Binance SPXUSDT+0.0100%4h0.5082−0.126%$5.1M$19.9M75xas long as short
Bybit SPXUSDT+0.0100%4h0.5087−0.037%$11.9M$15.4M50xas long as short
OKX SPX-USDT-SWAP+0.0100%4h0.5091+0.042%$994K$2.7M20xas long as short
Gate SPX_USDT+0.0100%4h0.5080−0.174%$1.1M$476K50xas long as short
Show all 19 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC SPX_USDT+0.0100%4h0.5081−0.155%$11.5M$4.6M100xas long as short
KuCoin SPXUSDTM+0.0100%4h0.5083−0.115%$3.8M$5.2M50xas long as short
Bitget SPXUSDTshort+0.0100%4h0.5088−0.017%$2.6M$1.4M50x
BingX SPX-USDT+0.0100%4h0.5078−0.214%$6.9Mas long as short
Orderly PERP_SPX_USDC+0.0100%4h0.5087−0.037%$20K$71110xas long as short
SunX SPX-USDT+0.0100%4h0.5071−0.351%$8K$1.6M20xas long as short
Extended SPX-USD+0.0104%1h0.5091+0.034%$35K$227K10xas long as short
ApeX Omni SPXUSDT+0.0173%1h0.5075−0.273%$46K$248K25xas long as short
BloFin SPX-USDT+0.0340%4h0.5089+0.003%$256K$940K75xas long as short